Dubai Property Show opens to overwhelming response in Mumbai
Actor R. Madhavan inaugurated the 3rd
edition along with Chief Guest Mr. Sultan Mohamed Hamdan Bin Khadim, Charge d'Affaires of the Consulate General of
UAE in Mumbai
The exhibition presents
profitable investment options for Indian buyers
·
Indians have invested INR. 1.1 lakh crores in last
3 years into Dubai realty
·
A townhouse in Dubai for 2 crores, apartment starts
at INR 71 lakhs
·
Mortgage options available at a low interest rate
of 3.99%
Friday, November 3, 2017, Mumbai, India: Indians have by far remained the
top buyers of real estate in Dubai, contributing a whopping sum of INR 1.1 lakh
crores in
last 3 years. Catering to the huge appetite of Indian buyers, Dubai Property
Show, the annual property gala brings the latest offerings from the top-notch
Dubai developers in its 3rd show in Mumbai. The exhibition will
bring end-users in India face-to-face with world-class developers from Dubai,
with a wide range of property and flexible budgets. The event was inaugurated
by Chief Guest Mr. Sultan Mohamed Hamdan Bin Khadim, Charge d'Affaires of the
Consulate of UAE in Mumbai, India and popular Bollywood celebrity, R. Madhavan
amidst much fanfare and anticipation among the investors.
Being
held at Bandra Kurla Complex (MMRDA Grounds), the 3-day realty exhibition
opened on Friday, 3rd November and will culminate on Sunday, 5th
November. Open from 11 am – 8 pm, entry to the exhibition is free.
Dubai
Property Show provides once-in-a-year chance for property buyers to get
in-depth understanding of Dubai realty with direct interaction with all
stakeholders. Through the educative and informational seminars at the show, visitors
can learn about the Dubai property laws, real-estate outlook, benefits for
buyers, ideal locations for investment, financing options, government
regulations, and growth opportunities among other topics of interest.
“Last
year the show witnessed 4094 visitors, generating enquiries worth INR 2100 crores. We are expecting about 5,000
visitors, and hoping to see as many inquiries as last time.This year we have
some amazing projects on offer along with attractive payment plans, such as a
post handover which gives you the option of paying post possession. In terms to
pricing, one can buy a nice townhouse for just 2 crores, while investment in an
apartment starts at Rs. 71,00,000”, commented Himanshu Gupta, General Manager, Sales and Marketing, Dubai Property
Show.
“Banks are offering 50% finance
for the property deal, where the interest rate is as low as 3.99%. I recommend
buyers and aspirants to research thoroughly upon the payment plans, mortgage
rates and make investment decisions with a clear strategy in mind. The show is
here to offer a brilliant plethora of options for Indian home buyers in Dubai”,
added Himanshu.
H.E. Majida Ali
Rashid, Assistant Director General, Dubai Land Department, Government of Dubai,
said: “The very
fact that this is our third outing to Mumbai is testimony of Dubai Property
Show’s success. Over the years, Dubai’s real-estate has become a powerful tool
of economic ties between India and the UAE, which we hope will continue to
prosper. Dubai Land Department is proud to be partnering with world-class
developers who are showcasing their properties in Mumbai, many of whom are
repeat exhibitors. We are proud of the trust that Indians have put in us as a
department and the UAE as a country, and are acutely sensitive to the
responsibility that we shoulder in this regard”.
“Indians
are major movers within the UAE’s dynamic real-estate scene, especially here in
Dubai where they are drawn to the multicultural atmosphere and diverse
real-estate offerings. The Dubai Property Show is a perfect vehicle for us to
meet face-to-face with India’s top investors and discuss Falcon City of
Wonders’ unique ‘World in a City’ proposition which compliments Dubai’s growth
as a preferred global business, leisure and lifestyle destination,” said H.E. Salem Almoosa, Chairman and General
Manager of Falcon City of Wonders LLC.
“The real estate market in Dubai offers sustainable growth opportunities with
high return on investments while the upcoming Expo 2020 mega event will provide
property market a big boost”, said Mr.
Omar Mesmar General Manager, Dubai Investment Park, wholly owned by Dubai
Investments.
“A joint venture
project between Meydan Group and Sobha Group, District One is in a prime
location within the Mohammed Bin Rashid Al Maktoum City. Developed in three separate
stages, the project is like nowhere else on earth, offering a low density
residential community in the heart of an international city. It is close to all
the major routes into the city, providing quick access to the Dubai
International Financial Centre, Downtown Dubai, Dubai World Trade Center and
Dubai International Airport”, elaborated by Mr. Mohammad Al Khayat, Vice
President commercial and freezone at Meydan Group
Participating
companies include the likes of Falcon City of Wonders, Dubai Properties, Dubai
Investments, Meydan Sobha as Platinum Sponsors, MAG Property Development as the
Gold Sponsor, Tebyan Real Estate Development as the Silver Sponsor whereas
Nakheel PJSC, Azizi Developments, Kleindienst Group, Creative Zone, Dubai
Sports City, Bloom Properties, Tiger Properties, Seven Tides, Binghatti Developers
and Deyaar Developments are the other exhibitors, Mashreq Bank joins as the
Official Banking Partner, JLL as the knowledge partner and Seal Real Estate
Registration Agent LLC as the Official Property Transfer Trustee among others.
For more
information and to pre-register for the show, please log on to
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