Realty India Expo 2014 in Muscat from Feb 21

MUSCAT: A two-day Realty India Expo 2014, showcasing premium properties across various cities in India, will be held from February 21 at Al Falaj Hotel in Muscat.

Jointly organised by Arabian Gate Expo and Lynx Ads, the event will bring over 30 property developers from various Indian cities under one roof.

The show will be open from 10.30 am to 9 pm and the entry is free for all the visitors, who are being provided with ample car parking space.

More than 200 realty projects would be presented in the show to discerning customers in the Sultanate.

Apart from developers, housing finance companies and banks would offer home loans for NRIs at competitive lending rates with flexible terms, an Oman Observer report said.

The property show will display a wide range of options in real estate ranging from apartments, developed plots to row houses, penthouses, luxury apartments and villas. 

Property developers from cities like Ahmedabad, Bangalore, Chennai, Coimbatore, Hyderabad, Kerala, Delhi, Mumbai, Pune, Goa, Rajasthan etc. will display multiple choices to choose from a wide variety properties. This is apart from developers from tier III cities like Coimbatore, Karjat, Bhopal, Mangalore and Mysore which are now increasingly driving demand.

A highlight of the event is the investor conference with sessions on NRI investment in real estate, market trends in select cities and multiple investment options. Project level options for both NRI and FDI investment would be highlighted during the conference. 

NRI advisory services would be made available during the show.

Due to current market scenario and the impending elections impacting the overall sentiment of the market, property prices have stabilised in most of the micro markets across major cities. With the result property developers are offering flexible terms for investment in residential projects under various stages of implementation.

The timing is just appropriate for NRI investors to enter the market. Moreover, availability of property management companies to take care of NRIs’ properties during their absence in India has made NRI investment hassle-free in multiple cities. Easier lending norms, flexibility in repatriation with minimal paperwork, fiscal sops etc have all made investment in Indian property market a viable proposition both for retail and institutional investors.