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Thursday, April 12, 2007

UAE realty player eye Indian market

The leading eight real estate firms of UAE are in the list of exhibitors of premier event for the, real estate industry, "Asian Real Estate Show(ARES 2007)".The show will market and target investment in india in integrated townships,hotels,malls,healthcare, housing and IT parks for these firms.


The booming economy and huge middle-class segment in India make this show a destination for the investors and several leading UAE real estate compnies .The leading real estate firms Al Fajer Properties, Damac, Star Giga, Sherwood, Best Homes among others have announced their participation in the show and their major plans in the country. They are investing in hotels, malls, healthcare, housing, IT parks and integrated townships all over the country from Mumbai, Delhi, Chennai to Hyderabad.

Satish Khanna, General Manager of Al Fajer Information & Services, the organisers said"The show serves as a launch pad for many companies who wish to strengthen their position in the Indian sub continent. Exhibitions such as ARES add value to the booming real estate sector and this will be a tremendous show, focusing not only on important India and sub continent based projects, but also bringing several international projects to investors in the region. India has set the pace for massive growth in the real estate sector, with other countries in the region mirroring the scale of development. The property sector is one of the biggest drivers for growth in India and the rest of the region, with projects worth an estimated US$ 75 billion in the country alone in the coming 5 years"

The UAE, Malaysia, Singapore, Spain, USA and India are the countries which are taking part in the show.

Dr. Sharam, General Manager Al Fajer Properties, the biggest exhibitor from UAE said"India is the most attractive and growing economy with a very strong link and history of cross border trade as witnessed in the recent high delegation visit lead by UAE Prime minister and Dubai ruler, Sheikh Mohammed bin Rashid Al Maktoum. We are looking for investment opportunities and further strengthening our existing relations with our partners in the sub continent"

He added "Al Fajer Properties investment opportunities come with a pre approved finance from Abu Dhabi commercial bank making it the more attractive investment in Dubai."


ARES will be a platform for meeting of present and future client, industry leaders and professionals and all players of the real estate industry under one roof .which will provide an unmatched opportunity for them to widen their reach, display their potential and explore business and investment prospects.

1 comment:

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