Indian Property Show in Dubai on 13th-15th December 2007

Dubai, Dec. 03, 2007
Abrar Alvi

On 13th-15th December 2007, Indian Property Show will open doors for third time at Dubai Airport Expo's East Hall. Last year, the largest show of its kind in the world, attracts over 12,000 NRI and visitors and generated enquiries to the tune of $450 million.

Sunil Jaiswal, CEO of Sumansa Events said:

• This show will be an ideal opportunity for Dubai and UAE based NRI's (Non-resident Indians) and PIO's (Persons of Indian Origin) to meet and interact with many of the major developers operating in the Indian property market.
• NRIs and Visitors will have the opportunity to meet with exhibitors such as Axis Bank, Prince Foundations Ltd, DLF, Hiranandani, Mahindra & Mahindra and many more from across India
• During the four days of the first Indian Property Show in 2006, alone there were deals done of at least Rs120 crores ($25m). Whereas during the three days of our last show in May there were $55m of deals done at the show with a further $500m of property enquiries
• The show will feature over 250 developments worth over Rs25000 Crores ($6.25bn) from across India

The seminars will offer visitors opportunities to learn about such issues as the principles of Vaastu, legal issues involved in buying property and the do's and don'ts of financing. Sunil Jaiswal will also be holding his two hour long Property Secrets Crash Courses for people who want to increase their knowledge of property investment.

According to a recent study, returns from rental incomes on investment in commercial property in metros, is around 10.5%, the highest in the world. Real estate in India is now considered as one of the hottest investment options as compared to bank deposits or bonds where your return ranges between 5.55 to 6%. Lower interest rates, easy availability of housing finance, growing salaries and job prospects have given a boost to the residential sector.The retail market in India has been growing due to increasing demand from retailers, higher disposable incomes and shortage of quality space as on date. The capital appreciation in this sector is close to 20-35% p.a.

India has positioned itself as one of the best places for real estate/realty investments. The reason behind this development is India's flexible FDI policies and open system with social and political safety regulators, and a conducive environment that provides comfort, long-term stability and security to foreign investors for personal as well as business investments. The ever-growing economy is on a continuous rise with an 8.1 percent increase witnessed in the last financial year

Sunil Jaiswal, CEO of Sumansa Events.He said, I am property investor and I'm passionate about helping people!