The Indian Property Show kicks off today in Dubai with more than 150 representatives from Indian realtors and developers touting the benefits of investing in India’s growing real estate market.
The exhibition, hosted at the Dubai World Trade Center, will pitch Indian properties as good investment opportunities as the country’s real estate sector is expected to grow more than 30 percent in the next decade.
To help in that growth, the Indian government recently passed the Real Estate Regulation Bill. Exhibitors at the Indian Property Show hope the bill will attract buyers from the United Arab Emirates.
“The weaker rupee and the recent approval of the real estate regulation bill are expected to… propel the real estate investments,”
show organizer
Sunil Jaiswal said. “The bill is a pioneering initiative to protect the interest of consumers, to promote fair play in real estate transactions and to ensure timely execution of projects.”
The exhibition also hopes to target Indian nationals who have left the country and might be interested in investing money back home.
Attendees of the free conference will have access to property showcases ranging from smaller, affordable offerings to large, luxury properties. Guests at the three-day exhibition can attend seminars on topics including investment opportunities, property hot-spots, where to invest, and property trends. Others can take advantage of free tax and legal advice.
In addition to connecting real estate agents with buyers, the Indian Property Show is part of a broader need for India to develop its cities for the future. It’s estimated that by 2030, Indian cities will hold 800 million people, meaning 70 percent of the country’s population will live in cities that will need to expand to meet demand.
