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Property Fair Show in Dubai by Indian BuildersFriday, March 02, 2007
Buoyed by the country's economic growth, Indian real estate is certainly zooming and has emerged as one of the most lucrative options to invest in the international market. With increasing transparency, investors have also become highly choosy. They now take high interest in getting the details about property developers and earlier projects developed by them before parking their funds. The property fair to be organized by Magicbricks.com in Dubai will serve as a rendezvous for 12 million Indian Diaspora in the Middle East and the best builders from India and Dubai, remarked Mr. R. Sundar, President, Times Business Solution, which owns MagicBricks.com. To come to India to verify the details of the project is certainly a difficult proposition for an NRI. This is one of the reasons for constrained demand by NRI’s across the world to make investments in Indian real estate. Considering to resolve the same issue, the forthcoming property fair by Magicbricks.com will bring nice prospects for the NRIs in the Middle East to directly discuss with the top Indian property developers. The Indian developers who would be showcasing their property in this exclusive property fair to be held in Dubai includes the prominent names like Omaxe, Unitech, MayFair Constructions, Saraf Enterprise, Yaksha International, Ravi Raj, Grip Estate, Om Sai Builders, Dua Associates, Bhandari Properties, Ashwarya Group, Daya Realty, Disha Direct, Ekta Supreme, and many others. A large number of NRIs, pondering over to return back to India, are showing high inclination in buying world class residential accommodation. With the economy growing by leaps and bounds, India has huge opportunities in its store. Indian business persons working in Middle East are regarded as the most prospective investors by the booming Indian economy. An increase has been observed in reverse brain drain in the past three years since the GDP growth rate of the country went above 7.5%. These investors who went overseas are thinking to return back to roots soon.
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