Muscat Bay shines at Global Luxury Realty Conclave in India

MUSCAT: Muscat Bay was recently featured by Gulf Sotheby’s International Realty at the Global Luxury Realty Conclave, which was held on February 9 and 10 in New Delhi, India. The conclave saw the gathering of the leading stakeholders in luxury real estate to interact with Indian HNWIs (High Net-Worth Individuals) and experts, and assess trends in the luxury real estate market.

Commenting on the conclave, Kalpesh Sampat, Managing Partner at Gulf Sotheby’s International Realty said, “It was a privilege to attend this exciting and insightful event presented by India Sotheby’s International Realty. We had the opportunity to meet various industry experts, bankers, wealth managers and HNWIs. It is very encouraging to see the interest in the GCC market and luxury properties like Muscat Bay. Additionally, partaking in the meet and discussing the market scenario with Sotheby’s top agents and leaders from all over the world, made for an impeccable experience and created extensive networking opportunities.”

Paul Jessup, Vice President of Sales and Marketing in Muscat Bay said “Muscat Bay are honoured to have been showcased as a luxury investment opportunity for HNWIs in the Indian market by our broker partner Sotheby’s. Our participation showcased the opportunities for prospective investors from the Indian market to purchase luxury property here in Oman, which is only a couple of hours away from India. With Muscat Bay’s strategic location only 30 minutes from the airport, and scenic landscape, we provide immense value to investors and stakeholders. Our international resort standards, led by Jumeirah hotels on our beachfront are perfectly aligned with the needs and aspirations of India’s wealthy luxury lifestyle hunters, and we look forward to developing the strategic partnership further with Sotheby’s to capitalise on this significant market potential in India.”

Oman and India have had a very strong bilateral relationship, which was further strengthened with the recent visit of the Indian Prime Minister, Narendra Modi. The visit may open a gateway for real estate investment between the two countries.

Situated in a secluded valley and flanked by the majestic Al Hajar Mountains and Arabian Gulf, Muscat Bay is a peaceful natural haven that offers the best of both worlds — a place to escape the stresses and strains of daily life alongside easy access to modern life. Despite feeling a world away from the hustle of the city, Muscat’s City Centre is only 15 minutes away; with Oman’s main international airport just a 30 minute drive.

Once completed, Muscat Bay will be home to exclusive residential units in five freehold residential zones alongside two five-star hotels by the region’s leading operator Jumeirah. Muscat Bay’s residences will include Zaha Parkland and Waterfront three and four bedroom villas, large duplexes and one and two bedroom Parkland Residences and Premium Waterfront and Parkland Residences.

With reputable, world-class shareholders and strong investor benefits including strong rental yield and capital growth opportunities, Muscat Bay presents a secure and highly attractive proposition for both investors and homeowners.

With solid sales of the Phase One residences well advanced, the development is widely considered a jewel in Oman’s real estate scene, attracting investors and new home buyers from the Sultanate, the GCC and international markets.