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Tuesday, January 17, 2012

Realty India 2012 in Kuwait to showcase properties for NRIs

KUWAIT: Over 70 leading reputable real estate developers from India will display their more than 200 projects from across the country in the real estate show ‘Realty India 2012’, which will open here from January 20.

Boasted to be the biggest real estate exhibition in Kuwait, the two-day exhibition will be inaugurated by the Indian Ambassador to Kuwait, Satish C Mehta at the Ramada Kuwait Hotel in Al-Riggae.

The Realty India exhibition is presented by an Indian media group in association with The Confederation of Real Estate Developers' Associations of India (CREDAI) Kochi, an association of professional builders in Kerala affiliated to CREDAI, the apex body of organised real estate developers in India.

Taking into consideration the current economic climate with its favorable Dinar to Rupee exchange rate, many Indians in Kuwait are beginning to realise that this is an ideal time to look at the various investment and buying options in Indian realty
Among the top sponsors and exhibitors at the Realty India 2012 exhibition are Arista Group, a diversified business conglomerate with verticals in various sectors and multinational projects, Mohtisham, Land Trades from Mangalore, Nirmal Lifstyle, Lokhandwala Infrastructure and Indiabulls Group.

The well-planned, high-profile Realty India 2012 exhibition, with wide range of properties on platter, offers choices to suit every budget and lifestyle from luxury villas to budget-friendly apartments for KD 5,000. In addition, various financing options with attractive interest and repayment terms also make Realty India 2012 a must-visit event for people looking to buy or invest in the Indian real estate sector.

The exhibition, organised by Times Exhibitions and Events and Mindspace Events & Exhibitions from India, is being held in association with Response Events and Exhibitions, Kuwait.

According to the organisers, people looking to invest in Indian real estate will find the Realty India 2012 an excellent venue to explore the huge potential of residential, commercial and hospitality properties in India. At the same time, those aiming to buy a first or second residence in India can expect to find the widest selection in range, price and locations across Indi, at the exhibition. The many real estate developers exhibiting at the show will also find the presence of a large Indian community from different states in Kuwait, an appealing market with a huge buying potential, Kuwait times reported.

A special contest is being held on www.q8india.com for persons interested to register for the exhibition.

Real Estate in India


During 2009 and 2010, real estate in India displayed a remarkable rebound from the sluggish 2008 period. The increased sales in residential properties and a clear revival in commercial markets witnessed in 2010 underwent a slight slack in 2011. This mild up and down swing of activity in the real estate market in the last few years, along with enhanced transparency, improved construction quality, and the availability of wide choices in plan layouts and financing alternatives, are all clear indications that Indian realty has matured and is now an attractive investment option, especially for those looking at long-term capital appreciation and steady growth.

This positive outlook was further endorsed by a recent report released by PricewaterhouseCoopers (PwC) and Urban Land Institute (ULI), a global non-profit research institute, which found that in 2011, India was among the most viable investment destinations and a good real estate investment option.

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