Sunday, April 15, 2007

A one-stop real estate shop

A one-stop real estate shop

Madhur Tankha

NEW DELHI: A three-day Asian Real Estate Show-2007 opened at Pragati Maidan here over the weekend offering international properties as well as investments in real estate across the country.

Designed as a "one-stop shop'' for everyone from the real estate world to showcase and market their properties and services, the show presents a unique combination of exhibition, education, and entertainment. It is being attended by the United Kingdom, United Arab Emirates, Malaysia, Singapore, Spain and the host country.

Stating that the Indian real estate market has emerged as one of the most attractive options to invest in the international market, Al Fajer Information & Services General Manager Satish Khanna says: "As the investment amounts are large, investors want to know about the developers and the projects developed by them before taking a final decision. The market in India for real estate would grow to 60 billion dollars by 2010 and then to 90 billion dollars by 2015."

Mr. Khanna says the rapidly growing real estate market in India is moving towards maturity with increasing participation from large local and international players, rising investor interest and a market-friendly approach.

All players of the real estate industry are exploring business and investment prospects. The show is highlighting various aspects of sustainable urban development, financing, architecture, environment branding, marketing and finance through seminars and workshops.

Moreover, buyers from across the world are witnessing a wide variety of real estate services. Besides purchasing properties, buyers are also clearing all issues they face with regard to the real estate sector.

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