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Indian property exhibition draws to a successful conclusion
The well-attended Indus India Property Exhibition came to a close on Saturday, 22nd October. The two day exhibition, saw the attendance of a large number of people looking to genuinely buy or invest in Indian real estate.
Among the main attraction of the two-day exhibition was the presence of reputed developers and builders, including some of the biggest names in the Indian real estate business like Arista Group, Lokhandwala Infrastructure and Jaypee Greens. In addition, the availability of hundreds of properties from across India, covering the full array of real estate categories and prices ranging from luxury villas worth over Rs 30 crores to individual plots for less than Rs 1.5 lakhs, were other attractions that drew record crowds to the exhibition.
The fact that Indian real estate continues to be a lucrative draw for the Indian community in Kuwait, was made clear by the large number of people at the exhibition who were looking at properties as an investment medium. While there were plenty of visitors looking to buy their first apartment or plot to construct their dream homes, a significant number were looking at the attractive investment opportunities presented at the show.
The record crowds that attended the two-day exhibition were unanimous in their appreciation of the informative nature of the exhibition and the wide selection it offered with regard to properties, prices and payment options. The fact that developers were showcasing properties from across India was also an added factor in the large number of attendees. One visitor summed up the exhibition best when he said, “The exhibition allowed me to explore real estate investment opportunities in various cities of India, like Noida, Mumbai, Surat, Bangalore and Chennai without having to travel to these individual locations and meet with different developers in those places.”
Developers and builders attending the show were equally pleased at the large attendance and, more importantly, in the record number of visitors who were genuinely looking at buying or investing in the booming Indian property market. “It is obvious that there is good demand for aesthetically designed flats and houses that are planned in accordance with principles of contemporary architecture and which endeavor to be a reflection of a modern lifestyles,” said one developer. Many developers expressed their intention to participate in future real estate exhibitions in Kuwait with the aim of exploring new opportunities among NRIs in the country as well as strengthening relationships already created at this exhibition.
The $12 billion Indian real estate market is currently on a high growth curve, on the back of a booming economy, liberalized FDI regime and increased participation of global players in the Indian property market. Also the tremendous pent-up demand for housing units across India, new innovations in building materials and construction technologies being implemented in the country, new norms and policies with respect to maintenance of buildings, the general upgrading of infrastructure and entry of some world-class players in the hospitality and entertainment sector, have all contributed to the booming real estate sector in India.
Buyers and investors visiting the Indus India Property Exhibition 2011 saw it as an opportunity to directly interact with builders and developers in order to find the best options for owning properties or investing in the thriving Indian real estate industry. The largest property exhibition held in Kuwait this year was organized by Indus Fairs and Events, the pioneer and premier exhibition organizing company in India, in association with Response Events and Exhibitions in Kuwait.
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