Real estate News India: The Indian pavilion comprising the prestigious Realty India Expo 2014 will be held on February 21 and 22 at Al Falaj Hotel in Muscat. Jointly organised by Arabian Gate Expo with the support of Lynx Ads, the 2-day event will bring over 30 property developers from various Indian cities under one roof.
The show will be open from 10.30 am to 9 pm consecutively and the entry is free for all the visitors with the provision made for ample car parking facilities for the visitors. Apart from developers, housing finance companies and banks would offer home loans for NRIs at competitive lending rates with flexible terms.
The 2-day show will display a wide range of options in real estate ranging from apartments, developed plots to row houses, penthouses, luxury apartments and villas. Property developers from cities like Ahmedabad, Bangalore, Chennai, Coimbatore, Hyderabad, Kerala, Delhi, Mumbai, Pune, Goa, Rajasthan etc. will display multiple choices to choose from a wide variety of investment options to choose. This is apart from developers from tier III cities like Coimbatore, Karjat, Bhopal, Mangalore and Mysore which are now increasingly driving demand.
A highlight of the event is the investor conference with sessions on NRI investment in real estate, market trends in select cities and multiple investment options. Project level options for both NRI and FDI investment would be highlighted during the conference. NRI advisory services would be made available during the show.
Due to current market scenario and the impending elections impacting the overall sentiment of the market, property prices have stabilised in most of the micro markets across major cities. With the result property developers are offering flexible terms for investment in residential projects under various stages of implementation.
The timing is just appropriate for NRI investors to enter the market. Moreover, availability of property management companies to take care of NRIs’ properties during their absence in India has made NRI investment hassle-free in multiple cities. Easier lending norms, flexibility in repatriation with minimal paperwork, fiscal sops etc have all made investment in Indian property market a viable proposition both for retail and institutional investors.
More than 200 realty projects from India to be presented to discerning customers in the Sultanate.
Source: main.omanobserver
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