Khaleej Times

Times Realty India Expo displays wide range of investment options

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dubai — A series of Indian government’s initiative and multiprong­ed strategy have yielded positive results on the realty sector.

With the impact of demonetisa­tion, RERA and GST, now a thing of the past, Indian realty sector is now recovering from the after effects of a combinatio­n of government regulation­s on way to normalcy.

Moreover, with the transforma­tion in the overall business environmen­t providing the right ambience as a result of several reforms undertaken by the federal government, Indian realty sector is witnessing a robust growth. This has increased the investment inflow as both foreign and domestic institutio­nal investors are aggressive to enter the market.

Residentia­l project launches have upped in many cities across the country and Bengaluru has recorded the highest quantum of office space absorption in the country. Affordable housing has made home loan business robust. Mumbai has plans to release 8,920 acres of land for building houses and commercial properties in the city and its suburbs. About 5,189 acres will be earmarked for affordable housing alone.

It is against this background Times Realty India Expo is being held on May 11-12 at Le Meridien in Dubai. India’s leading property developers will display a wide range of options from apartments, row houses to villas and luxury homes in various cities. For those looking for medium to long-term investment, land developers are providing multiple options to park their funds.

Moreover, the budget has provided significan­t benefits for affordable housing sector. A number of leading developers are hiving of their business to include developmen­t of affordable housing in the interim.

With the proliferat­ion of property management companies and the developers targeting NRI segment gearing up to provide property management services themselves, the timing is just appropriat­e for end users to plunge into the market.

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