Tuesday, 8 April 2014

As per Study in Dubai Real Estate Market India is on the Top Positions as Foreign Investors

As per the organizers of the prominent real estate show being held in this West Asian metropolis in the United Arab Emirates (UAE) India is the top foreign investors and investment transactions in Dubai's real estate market.

This year’s global property exhibit (GPE), to be placed on April 8 – 10, will have a large Indian contribution under the coverage of the National Real Estate Development Council (NAREDCO).

NAREDCO is a most recognized body of Indian creators which operates under the aegis associated with India’s ministry of housing and urban poverty alleviation (MHUPA) and represents a combination of government representatives and private developers.

As per the report of Dubai Land Development (DLD) more than 8092 investors from India notched up transactions worth 17939 billion dirham’s in Dubai real estate during 2013.

Sultan Butti Bin Mejren who is the director general of DLD said that Indian investors were very active in Dubai property sector. Investing nearly 18 billion dirham’s in Dubai reflects the huge interest from Indian investors in the Dubai market and their confidence in the lucrative returns,

Dawood Al Shezawi, chief executive of Strategic Marketing & Exhibitions, the organisers of IPS, said in a statement: "A visit to the NAREDCO India Realty Pavilion will offer Indian expatriates living in the UAE and the Gulf a unique opportunity to select a place back home at a time the real estate is becoming one of the most lucrative investment options for NRIs."

NAREDCO has announced that the Indian pavilion would include some of the finest properties from across India from developers in Mumbai, Delhi, Bangalore, Goa, Noida and Gurgaon.

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1 comment:

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