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NRIs to benefit from GIHED Property Expo
Thursday, August 28, 2008

The first ever International Property Show on Gujarat by The Gujarat Institute of Housing & Estate Developers (GIHED) is being held in the US Jersey along with AIANAs (Association of Indian Americans in North America) 'Chaalo Gujarat' -- World Gujarat Conference, Raritan Center, New Jersey, followed by a Property Showcase in Chicago on 6-7th September at the Meadows Club, 2950 W Golf Road, Rolling Meadows, Illinois. An apex body, established in 1980 by the developers community, the GIHED represents the predominant interest of those engaged in construction and its allied industries. With an active involvement of various government and private bodies, it has successfully represented the concern of the construction fraternity, while also creating awareness amongst the masses for better living in safe, hygienic and environment friendly accommodation.

It will delve into every aspect of realty and infrastructure of the state and promises to present the industry players with great value and benefits, putting forth to them the immense business possibilities on an international platform. This show, with 30 developers showcasing their 150 premium projects, aims at providing an interface for NRI investors and NRG investors and will persuade them to not only invest in the state but also consider Gujarat as a serious option for future living giving them a perfect picture on the property prospects.

The list of participants at the property expo includes: Avirat Infrastructure Pvt. Ltd., AVS Developers Pvt. Ltd., Devnandan Builders Pvt. Ltd., Dharmadev Infrastructure Pvt., Ganesh Housing Corporation Ltd., Gayatri Creatives, J P Infrastructure Pvt. Ltd., JBR Nirman Pvt. Ltd., Kunj Infrastructure Pvt. Ltd., Laxmi Developers, Manav Infrastructure Pvt. Ltd., Manpasand Builders Pvt. Ltd., Niva Infra. Pvt. Ltd., Parshwanath Realty Pvt. Ltd., Pushpak Construction Pvt. Ltd., Radhe Developers (India) Ltd., Richland Developers Pvt. Ltd., Rituraj Nirman Pvt. Ltd., Safal Reality Pvt. Ltd., Satyam Gokul Corporation, Saumiya Construction Ltd., Savy Infrastructures ltd., Shree Developers, Shri Siddhi Developers & Builders, Sumukh Infrastructure Pvt. Ltd., Surya Group, Swagat Infrastructure Ltd., Takshashila Realities Ltd., and Venus Infrastructure Ltd.

The real estate sector has evolved into a 'service sector,' wherein, with favourable Government initiatives, the end-user has been assured of quality realty at propitious prices. The government's current focus is on infrastructure by privatizing ports and building integrated townships and encouraging in a big way, technology parks, townships, SEZs and anything related to the Infrastructure industry. Retail and information technology are the upcoming sectors in the state. IT SEZs and parks are being set up. The government is proactively promoting the real estate sector by simplifying the revenue laws and introducing sector friendly policies on township planning, IT, urban development, to name a few, giving special FSI and height for an overall development. All of these points augur well for real estate investing and selling, buying and leasing in Ahmedabad. Besides, a number of projects in the hospitality industry, sewerage system, educational institutes and others will give the city a facelift. Ahmedabad's real estate scene also lends itself to new models including mixed-use developments and service apartments. In the years to come, there will be a profusion of choices in real estate in the categories of residential, rental, office space and retail. This International Property Show by GIHED will, in every possible way, propel Gujarat's prospects as the ultimate realty hub.



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