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Times of India presents - Realty India Expo Dubai 2016

We invite you to visit our infinite edition of Largest Realty India Expo Dubai 2016, bringing to you the most elite builders from India! This is a two day event scheduled on May 6th & 7th, 10am to 8pm at Hotel J W Marriot at Abu Baker Al Siddique Road. We will be showcasing over 75+ most reputed builders from across India. This event will have a cluster of builders to showcase location specific projects/ projects from multiple cities like (Chennai, Bangalore, Pune, Delhi, NCR, Mumbai, Kerala, Coimbatore, Thane, Gurgaon, Noida, Bhopal, Ahmedabad, Mangalore, Hyderabad, Andhra Pradesh and many more), all under one roof. They will be offering a contingent of PAN Indian builders across India from tier 2 and 3 cities.

This expo will prove to be a Complete Family Outing filled with fun filled activities for your children to keep them busy while you choose the House of your Dreams! We have various attractions like - Exclusive Kids Arena (Face Painting, Art Competitions etc), Complimentary Vouchers from Leading Salons and Spas for Women, Gift Vouchers from leading Indian Restaurants, Furnishing Stores etc making it an unforgettable experience for all.The expo will also be hosting an exclusive Channel Partner Meet where the Exhibitors get another platform to showcase their projects and network with the experts from the Real Estate Fraternity in Dubai We also have renowned speakers sharing their expertise of their various projects in India.

Spot discounts by various builders and home finance options will be available making every step easier for a home buyer. This event will cater exclusively to NRIS and has various loan options from leading banks, schemes best suited will be given by the builders. There will be one on one interaction with the property experts, who will offer the best possible advice on property investment.

Over the years, property prices have elevated and are now stagnant in most of the cities. Home loan lending rates have been reduced with special rates for women homebuyers. Above all, there is no differential pricing for projects whether sold in India or abroad for those NRIs holding land parcels or inherited properties in cities, they can enter into real estate development. Moreover joint venture agreements with leading developers would enable them to convert their land into productive and income generating assets. A number of developers are undertaking luxury apartment projects and ultra luxury villa projects for the globe-trotting Indians accustomed to enjoying the luxuries of life abroad. Such niche homes are marketed through exclusive road shows abroad. For the average NRIs looking to invest in apartments or row houses, the timing is appropriate as prelaunch offers are made by several property developers to minimize the working capital needs.

The Reserve Bank has considerably eased investment norms by NRIs/PIOs while investing in real estate. They can buy, sell, gift and inherit immovable property. However, the prohibited categories of properties include agricultural land, plantation property and farmhouse. In the event of sale of immovable property, the authorized dealer may allow repatriation of sale proceeds upto two residential units. An NRI/PIO may remit an amount, not exceeding US $ 1 million per financial year out of the balances held in NRO accounts. However, the repatriation is subject to production of documentary evidence in support of acquisition, inheritance or legacy of assets and payment of applicable taxes in India. In a further move to ease the norms, residents can now remit home loan EMI for NRIs. The RBI has also clarified that income and sale proceeds of assets held abroad by the returning NRIs need not be repatriated to India and can be retained and invested outside India.

NRI investors are advised to follow the ground realities while investing in real estate. Property management companies have entered metros to provide NRI services. Even leading developers extend similar services as they are keen to tap the vast Indian diaspora market. Verification of title deeds, revenue documents, and an encumbrance certificate for a minimum period of 30 years, planning permission and proof of documents to get basic amenities would enable them to minimize hassles. It is the right time to invest as the currency rate is at its peak.

The real estate sector is one of the most globally recognized sectors. In India, real estate is the second largest employer after agriculture and is slated to grow at 30 per cent over the next decade. The Indian real estate market has become one of the most preferred destinations in the Asia Pacific1 as overseas funds accounted for more than 50 per cent of all investment activity in India in 2014, compared with just 26 per cent in 2013. The real estate sector comprises four sub sectors - housing, retail, hospitality, and commercial. The growth of this sector is well complemented by the growth of the corporate environment and the demand for office space as well as urban and semi-urban accommodations. The construction industry ranks third among the 14 major sectors in terms of direct, indirect and induced effects in all sectors of the economy. It is also expected that this sector will incur more non-resident Indian (NRI) investments in both the short term and the long term. Bengaluru is expected to be the most favoured property investment destination for NRIs, followed by Pune, Chennai, Goa, Delhi, Kerala, Hyderabad, Gujarat, Mumbai etc

The expo is organized by Mindscape Middle East, which is the ruling monarch of the private exhibitions sector, bestowing excellence from concept to completion. They specialize in conceptualizing over 200+ shows across the globe, by creating unique platforms where your company can connect with the local and global enterprises. Established in 2002 and has corporate offices in Dubai, Bangalore, Delhi and Mumbai. They successfully handle multiple verticals on Realty, Bridal, Education, Medical Tourism, Automation etc. Their expertise spans across various processes like planning, advertising, promoting exhibitors and visitors. Their time tested processes have proved to provide sustainable solutions across all domains.
No better time than now, to own your Dream Home!

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