Dubai - The 15 participating companies will target the large Indian expatriate community in the UAE.
Published: Tue 1 Mar 2016, 1:48 PM
Updated: Tue 1 Mar 2016, 3:51 PM
International Property Show (IPS) beginning here next month will feature major Indian participation that will target the large Indian expatriate community in the UAE and the wider region.
The 15 participating companies will target the large Indian expatriate community in the UAE and the wider region, estimated to be around 5 million people, organisers of the show said in a statement.
Indian companies will be putting on display commercial, residential and mixed-use property units for three-day property show beginning April 11.
Indian investments top foreign investments in Dubai property market, according to Dubai Land Department (DLD). Between 2006 and 2015, Indian investments in Dubai property market crossed Dh120 billion, via more than 57,000 transactions.
Thus, Indian investors surpassed the largest investor groups - British and Pakistani investors - both in value and number of transactions.
"The close relations between the UAE and Indian governments have created an ideal investment climate that boosts flow of funds in both directions, especially in real estate," said Dawood Al Shezawi - President, Strategic Marketing & Exhibitions.
"26,000 Indian companies are operating in the UAE, and more than 20 of India's leading banks and financial institutions have established offices in the Dubai International Financial Center," Anurag Bhushan, Consul General of India in Dubai, said.
E-Paper
Sign In
0°C 
