Jun 19, 2007 08:00 ET
Premier Organizations Promoting the Opportunity in India's Real Estate, Come to American Shores
NEW YORK, NY and MUMBAI, INDIA--(Marketwire - June 19, 2007) - Maharashtra Chamber of Housing Industry (MCHI) and CineMaya Media Group, Inc. (PINKSHEETS: CNMY) have announced the second Real Estate & Home Finance exhibition -- "INDIA PROPERTY SHOW 2007 - USA and Canada."
This is the second series of Real Estate expos from MCHI in association with CineMaya Media Group. The first series of expos were organized in August-September of 2006 -- in Santa Clara, CA; Chicago, IL; and Edison, NJ.
The aim of the India Property Show 2007 is to showcase the properties from reputed pan-Indian builders as well as attract investments from Asian Indians in the US and Canada. The events also offer opportunity to foreign investors to explore the vast prospects and wide range of housing and commercial options available in the Indian real estate market.
INDIA PROPERTY 2007 - North America will cover 3 major cities, over a period of 14 days. The schedule of 'India Property 2007' is as follows:
Santa Clara, Northern California, USA: Saturday 18th & Sunday, 19th August 2007, Santa Clara Convention Center, 5001 Great America Parkway, Santa Clara CA 95054
Mississauga, Ontario, Canada: Tuesday 21st and Wednesday 22nd of August 2007, International Centre, Airport Road, Mississauga, Ontario, Canada
Edison, New Jersey, USA: Saturday 25th and Sunday 26th of August 2007, Holiday Inn, 3050 Woodbridge Avenue, Edison, NJ 08837
The India Property Show - 2007 aims to provide a one stop solution to all the needs of a Non-Resident Indian (NRI) to buy a property in India. The show would have representatives from real estate developers from all over India, and premier financial institutions advising on securing loans.
India: Hot Investment Destination
"India is today seen as an attractive investment destination," said Mr. J. S. Augustine, MCHI's Co-Chairman, International Exhibitions, "and the Government of India has taken up several initiatives to open up the real estate sector to overseas investors. IT, ITES, BPO, Biotechnology, Retail, Entertainment, Banking, Finance, Hospitality, Medicine, Education, and, of course, Housing & Real Estate are some of the sectors that are expected to see substantial investment from Indian and overseas companies."
Mr. Sunil Hali, Chairman, CineMaya Media Group, said, "Asian Indians in North America are one of the most powerful and affluent classes in the global economic scenario and we are glad to manage the event for CREDAI & MCHI. Apart from providing interactive platforms for American NRIs, it will also help them in reviewing properties to choose from, and to have a home in India, as well as review investment opportunities in Real Estate in India. We have planned for this Expo in its second year to be of a much bigger dimension, with the aim to acquaint NRIs and other prospective investors about the abundant opportunities for investing in Indian Real Estate."
MCHI Assurance
"As the organizers, MCHI ensures complete transparency and assurance to the customers who seek to do business with its members. We are there to help them throughout the entire transaction and assure them promises are fulfilled, and ensure the NRIs get a fair deal," said Mr. Zubin Mehta, CEO, MCHI
About MCHI
MCHI is a member of CREDAI (Confederation of Real estate developers of India), India's premier housing and developers associations in India. Established in 1982, in Mumbai, the commercial and construction capital of India, MCHI has a membership of 450 leading developers who are based all over India.
About CineMaya Media Group
CinéMaya Media Group (PINKSHEETS: CNMY) (www.cinemayamedia.com) is a leading provider of high quality international South Asian media, entertainment, and marketing services for the Asian Indian community.
The company is the event producer for the INDIA PROPERTY SHOW 2007 - USA and Canada Exhibition. Event information is available at www.buyindianproperties.com.
For more information contact:
CineMaya Media Group
Kishore Agarwal
212-242-5400 x 114
kagarwal@elephantadv.com
MCHI
mktg@mchi.net
www.buyindianproperties.com
www.mchi.net
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