Property show lines up 50 developers

DUBAI — Indian Property Show, which has lined up new housing and commercial projects by leading developers in India, opened at Dubai World Trade Centre on Thursday.

By Issac John

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Published: Fri 17 Jun 2011, 11:23 PM

Last updated: Tue 7 Apr 2015, 4:49 AM

The eighth edition of the show was inaugurated by K. Sankaranarayanan, Governor of Maharashtra, along with Sunil Jaiswal, chief executive officer of Sumansa Exhibitions, organisers of the show.

The show starts will run till 18th between 11am and 8 pm with free entry for all. The event brings together over 50 real estate developers from all over India and also features lateral sector and auxiliary services such as home finance providers, lawyers, and Vastu consultants to provide a unified real estate networking platform for investment in residential and commercial property in India. “The real estate market in India in general and Maharashtra in particular has seen tremendous growth despite the recession that has affected most nations of the world. Many people have benefited from the booming economy and its impact both on commercial as well as residential property market,” said Governor Sankaranarayanan.

Jaiswal said over the past couple of years the real estate sector in India has witnessed lot of changes. “Our exhibition is aimed at providing a platform that addresses two factors that inhibit an NRI from taking a decision: accurate information and direct access to real estate developers from India.”

Indian Property Show is set to showcase property worth $2.32 billion to around 17000 visitors, and expect to generate $8 million worth of business. Exhibitors include Sobha Developers, BIG Infratech from Trivandrum, Unitech Ltd, Vatika Group, Godrej Properties, Hiranandani, Ansal Housing, India Bulls, Jaypee Greens, Lokhandwala, Ireo and Arihant Superstructure.

The show also features a series of seminars. Gopal Sharma will impart knowledge on the role of Vaastu in choosing properties and its implications

Ajay Sachdewa of HDFC, said his company has been able to respond swiftly to ever-changing customer needs, and has built up capabilities to approve loans within 48 hours.

“Aspects such as advanced capabilities in the area of processing loan applications, a committed, specialist team of trained and talented staff, technical guidance in respect of documentation and liaison with property developers reflect HDFC’s efforts to serve its growing clientele.”

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