12th INDIA REALTY EXPO 2009 in Dubai - June 4-6

Maharashtra Chamber of Housing Industry (MCHI), in its bid to attract investments from Middle East, would be showcasing properties of renowned builders from across India, at India Realty Expo 2009, to be held in Dubai on June 4-6

India Realty Expo 2009 will be held under the aegis of MCHI, a member of Confederation of Real Estate Developers’ Association of India (CREDAI), to provide an opportunity to NRI investors to explore abundant opportunities offered by the real estate sector in India in housing as well as commercial and retail options.

Affluent NRIs are desperately looking for ready to possess homes back home in India. Catch them at the India Realty Expo in Dubai. The India Realty Expo is the best option for reaching out to deep-pocketed Gulf NRIs looking for ready-to-possess homes in India. This much awaited annual exhibition now returns to Dubai.

As many as 15 leading developers, members of the MCHI, would be participating in the exhibition, 12th INDIA REALTY EXPO 2009 scheduled to be held at Sheraton Dubai Creek Hotel and Towers, Dubai during June 4-6, 2009. The exhibition will remain open from 5 pm to 9 pm on 4th June & 10am to 1 pm & 4 pm to 9 pm on 5th & 6th June.

Mr. Nainesh Shah, Secretary CREDAI, and Chairman International Exhibitions, MCHI, feels this is the right time for NRIs to buy into Indian real estate.

The real estate sector has seen a fair amount of correction from the peak property prices.

As one of the most reliable avenues for property trade in the Gulf, India Realty Expo attracts a massive turnout of NRIs every year.

The exhibition this year will focus on ready to possess homes valued up to Rs. 70 Lakhs, Homes offering possession within 3-6 months, Affordable budget homes, Low home loan interest rates from Banks and HFIs, 80-90%home loan for NRIs booking under construction homes with 10-20% down payment.

Mr. J. S. Augustine Co-ordinator, MCHI & Co-Chairman, International Exhibitions added, “Residential property prices have become more affordable and more attractive for NRIs particularly for Dubai NRIs. Who have invested in Dubai property, will find that India is a very good option for them to invest in a home away from their hometown or in the international-standards of commercial properties.”

One of the important factor from the investment point of view is that exchange rate of around INR 50 = 1 USD makes purchase 101% cheaper hence, NRIs prefer India over the Gulf region as a safe investment.

According to Mr. Zubin Mehta, CEO of MCHI “NRIs are taking a fresh look at India as a stable market in which they could invest, or even turn for lucrative entrepreneurial opportunities in sectors like Finance, Banking, Insurance, Media and Entertainment, Telecom, IT & ITES, Bio-Technology, Medicine, Pharma, and Education.”

The INDIA REALTY EXPO 2009, is entering into the 9th year. The objective of the Expo is to provide a platform to Indian developers to showcase their projects in the middle east countries and at the same time offer an opportunity to the NRI investors to explore the vast opportunities and wide range of housing and commercial options available in the Indian Real Estate Industry from Mumbai and various other locations in Maharashtra and other states across the country.

The INDIA REALTY EXPO 2009 will provide a one stop solution to all needs of a Non-Resident Indians intending to purchase a property in India.
IndianPRwire

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To know more about Tanaji Malusare City at Karjat, please, visit their website www.tmcity.in

Milind, Rekha and all who called me - this is for you:

From the moment i posted the blog Tanaji Malusare City, 100 acre low cost housing scheme near Karjat, to offer 10,000 flats at Rs. 999 per sq.ft. all of you are calling me to ask "how to book a flat in Tanaji Malusare City? At last, i found their website www.tmcity.in, which gives enough details about the project and answers most of the questions.

My builder readers are also curious to know the details of the project. "How is it possible?" means "Is it financially viable?" means "Is it that profitable?" they want to know!

Karjat:

Website tells you about the Karjat - an extended suburb of Mumbai and Navi Mumbai.
1) Importance of Karjat as a railway terminus.
2) How trance-harbor link between Sewari - Mumbai and Navi Mumbai is going to make Karjat more attractive location.
3) How infrastructure developments in Raigad districts - Reliance SEZ, Navi Mumbai SEZ, new international airport at Panvel makes Tanaji Malusare City very attractive investment destination.

Next What?...... Daund?

What is the ideal location for an affordable housing for Pune?

Fringe villages, Ambegaon, Wagholi and Fursungi are out of question. Thanks to Amit's Bloomfield, Kumar Properties' Park Infinia and Bhandari Associates and Harmony's Savannath! Here property rates are already in the range of Rs. 2,200 per sq.ft. to Rs.4,000 (!)

We can not think of Loni. Because Magarpatta City is launching a township project there. Experience of Nanded City Pune tells us that integrated townships financed by Farmer's Direct Investment are as expensive as Blue Ridge and Megapolis, townships financed by foreign direct investment. And more expensive than Pune and Pimpri Chinchwad Municipal Corporation. Means if you want to live in India, Indian knowledge workers should live in Indian City or village or better he should shift to Silicon Vally!

So what's next? One of my builder friend said "Daund!" "Chale ga?" he asked in Hindi. I said "Daund! Daude ga!!" What do you think? Is Daund good location for an affordable housing? Please, let me know in the comments. I find it an ideal location. As good as Karjat!

To know more about an affordable housing in and around Pune:

Keep your fingers crossed and:
1) Subscribe to Ravi Karandeekar's Pune Real Estate Market News Blog
2) Subscribe to Ravi Karandeekar's Pune Real Estate Market News Blog
3) Subscribe to Ravi Karandeekar's Pune Real Estate Market News Blog

House of Patels’, one of India’s leading business conglomerates has launched their real estate arm – ‘Wall Street Property’ in Dubai

“We have launched Wall Street Property to aggressively pursue the vast real estate opportunities existing in the UAE and across the region. Currently we are looking at two promising markets UAE and India. Our strategy will focus on selling residential, commercial, retail and leisure projects. The launch of this new arm will take investment opportunities in real estate to a new and exciting level,” says Mr.Asgar Shakoor Patel, Chairman of the ‘House of Patels’.

The company is also tapping into the Indian property marketplace, which is also witnessing a major real estate boom. The company will be showcasing a great opportunity for the Indian community to own properties in India. The company will sell projects in major Indian cities such as Bangalore, Pune, Calcutta, Chennai, Hyderabad, Mumbai, Delhi among other key cities.albawaba.com middle east news information::House of Patels’ launches real estate arm in Dubai
real estate

Tags: Pune, Pune real estate market, House of Patels, UAE, Dubai, Mumbai, real estate marketing, Chennai, New Delhi, Hyderabad, Indian real estate boom, Indian property market,