Dubai s Indian realty expo a hit
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A huge response was serene by the recently ended Indian realty expo at Dubai. Sources reported at www.propertykhazana.com reveals that around 106 units has been laid for booking worth nearly Rs 65 crore portraying a grand success of Maharashtra Chamber of Housing Industry MCHI. CEO of MCHI later states that “in addition to the 65 units the show also collected an approval of another 86 flats amounting up to Rs 80.18 crore which will be concluded during the annual vacations of July – August”. MCHI is a leading body of Indian development circuit that evoked around 2700 overseas settled Indian for the 3 day grand realty exhibition at Dubai.
On a short note with www.propertykhazana.com, CEO of MCHI says that “the lowering of the bank interest rates at various segments of schemes and new correction rates of properties around the major and other emerging locations has proved successful for the NRIs attractions to the Dubai realty show”. The show was also attended by many housing finance institutions like HDFC, DHFL, Bank of Baroda and few others. J S Augustine – co chairman and co director of MCHI adds that “the most of the walk-ins was concentrated Mumbai and its adjacent areas and it is a good sign of recovery from the harsh economic slash from the beginning of last year”.
President of MCHI also commented that we have gathered a huge applause from the crowd and the demand for Indian housing is still intact with NRIs in the Middle East. For more updates visit www.propertykhazana.com.
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