NRI Real Estate and Property Investment in India
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India Property Fair Gets Encouraging Response
Tuesday, November 20, 2007

Maya Design Inspired organized a three-day event at the Salmiya Palace Hotel got a great response from expatriate Indians in Kuwait. The show marked the presence of more than 1,200 visitors.

Leading Indian property developers from cities such as Bangalore, Chennai, Delhi, Goa and Jaipur presented a wide range of choices, including apartments, developed plots, luxury villas and penthouses. The event's main sponsor, top housing finance company HDFC, provided the home-loan support and advice during the show.

A seminar was also conducted on Indian Real Estate, including NRI/FDI investment by real estate expert V Nagarajan. The show was visited by doctors, entrepreneurs, IT professionals and senior company executives, all of whom shared an interest in the growing real estate markets of many Indian cities.

A leading developer from Bangalore said that the quality of visitors was truly professional and they are eagerly interested in committing to select projects across the country. As a result of the serious interest shown, participating builders can confidently look forward to an expected turnover of more than INR 25 crores in the coming weeks.

The result from a survey based on comments from the visitors revealed that Kuwait's NRI market is still untapped and that a huge potential exists for Indian developers to showcase their projects.



 

 

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