Khaleej Times

NRIs to get real estate buying tips

- Staff Report Times — business@khaleejtim­es.com

dubai — After its success in London, the Global Conclave for Indian Realty (GCIR) is back with its second edition of knowledge series specifical­ly aimed at helping NRIs invest in their homeland. Lead by real estate and urban developmen­t expert Manisha Natarajan, GCIR aims at bridging the gap between potential NRI investors and property dealers.

The first chapter held in London discussed the state of Indian property and its value-formoney deals. The panelists enumerated how the country’s real estate is a hotbed for NRI investment, especially when it comes to luxury homes.

Taking a cue from the same findings, the second chapter will deliberate on topics such as ‘The right bets in India realty’ and ‘Navigating India’s real estate market — dos and don’ts’ on October 22, 2018 (Monday), at Jumeirah Emirates Tower in Dubai.

Keeping in mind the opportunit­y presented by the NRI community, Network 18 launched GCIR as a global platform engaging with Indians settled abroad. GCIR will travel across countries such as the UK, US, Middle East and Asia. Its main objective is to educate and engage investors. The event brings together India’s marquee property developers and property experts with NRIs across key global cities.

Prominent speakers

In partnershi­p with the Indian Business and Profession­al Council (IBPC), knowledge partner Anarock, media partner Khaleej

and in associatio­n with Raheja Universal, India Sotheby’s Internatio­nal, Embassy, Wadhwa Group, Sunteck and Asset India, the Dubai edition is likely to see prominent industry leaders on the panel such as P.N.C. Menon, founder and chairman of Sobha Realty and member of board of governance, IBPC, Dubai; Akash Puri, director, internatio­nal, India Sotheby’s Internatio­nal Realty; Anita Kataria, senior vicepresid­ent, sales, Raheja Universal; Reeza Sebastian Karimpanal, senior vice-president, residentia­l business, Embassy Group, and more.

Other speakers will include Santhosh Kumar, group vicechairm­an, Anarock Group Business Services; Virendra Adhikari, CEO, Asset India; Sunil Tyagi, senior partner and co-founder, Zeus Law; and Tanvir Shah, founding partner, Blue Triangle Capital.

These experts will explore the nuances of India’s structural growth over the last few decades along with the steady boost in gross domestic product, throwing light as to why it’s a good bet for investment. They will also discuss the significan­t room for growth in sectors such as real estate, increased purchasing power and the increased transparen­cy through Rera.

The GCIR event will conclude with dinner where panelists, experts and the audience can network with each other.

Panelists will discuss how India’s real estate market is a hotbed for NRI investment­s, especially when it comes to luxury homes

 ?? — Supplied photo ?? Delegates at the first edition of the Global Conclave for Indian Realty organised recently in London.
— Supplied photo Delegates at the first edition of the Global Conclave for Indian Realty organised recently in London.

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