NRI Real Estate and Property Investment in India
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Dubai all set to Host Indian Property Exhibition
Thursday, October 08, 2009

The IndiaHome Property Exhibition, which helps the Indian diaspora get information on a range of residential real estate opportunities in India, will be held in Dubai from October 9-11.

The exhibition invites prominent builders from across India to showcase their projects under construction and will feature Emaar MGF, ETA Star, Hiranandani Constructions and K Raheja Corp, among others. The cost of the properties showcased is likely to be in the range of Rs 40 lakh to Rs 10 crore.

"Owning a home in India is a long-cherished desire of all NRIs worldwide. Our endeavour with the IndiaHome Property Exhibition is to create a convenient interface for NRIs with India's reputed real estate developers and help make the purchase process seamless," Citibank India Head Consumer Assets Ashish Mehrotra said.

NRI customers can avail loans ranging from Rs 20 lakh-Rs 5 crore for ready-to-move and under-construction properties which can be obtained under flexible repayment plans and periodic payments can be conveniently routed through the Citibank NRE/NRO Account, Mehrotra added.

Other companies participating in the event include Brigade Enterprises, Chaithanya Projects, Fairy Land Foundations, Gera Developments, Goel Ganga Group, Jaiprakash Associates, Kumar Properties, Lancor Holdings, Paranjape Schemes (Constructions), Sobha Developers and Three C Universal Developers.

 

 

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