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Dubai Real Estate Segment to Be Under the Radar of Gujarati Builders

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Gujarat is one of the progressive states in India. According to the sources at www.propertykhazana.com, approx 200 builders will be bidding for over 160 assets in Dubai also known as London of the East, for an auction which is to be held at the epicenter of the World’s longest building “The Burj Khalifa” . A team of the Confederation of Real Estate Professionals, CREDAI of the Gujarat Division, is moving to Dubai to participate in the national conference which will be held on January 23. They were happy with the infrastructure, which they will participate in the auction which is organized by a league of Agents.
The president of CREDAI, Gujarat division on a short note with www.propertykhazana.com, said that, “The strategy is to live in Dubai for some days, after the CREDAI meet and discover new platforms for the builders who are having lots of funds”. In addition to this, the real estate values in Dubai have come down by approx 45 percent because of the recession. The President also said that “The iron is hot and this is the time to strike hard to make an impact and set up business in the city”.
The concept of president was seconded by a Mehsana based builder, who stressed on the fact that there is a huge opportunity to do the tie-up with the reality firms in Gujarat and Dubai, so that the pending projects are cleared. Builders of Gujarat will exhibit their product, after the auction which will be held at “Burj Khalifa”.
Most of them have organized the trips to China, USA, Japan and South Korea. This is the first time that they will be implementing more ideas. In the next years, CREDAI’s Gujarat unit will be sponsoring a trip to Brazil—a Potential South American Powerhouse. For more updates on the conference, please visit the website www.propertykhazana.com.
Source: NBTVLIVE

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