As per to the source claiming @ the www.propertykhazana.com the Property Expo this year is intended in Gulf area and major Indian property developers are geared up to showcase their ventures on the platform mostly to draw the interest of the NRIs. By now over 30 renowned developers and builders and realty agents are registered for the event and the process is still on.
Speaking to the www.propertykhazana.com Mr. Vipin Aggarwal, Executive Director of Omaxe Developers said that the company is planning to widen the operations and also to generate profits of USD 120 million which was USD 50 Million in the year 2006 in the course of NRI investments. He further added that Omaxe Developers has tie-up with a promoting associate in Dubai and at present has undertaken 56 realty ventures worth USD 8 Billion in 32 Indian cities.
In a verbal communication with the www.propertykhazana.com Sunil Jindal, the CEO of SVP Group said that SVP Group is eyeing at developments in East Delhi targeting the NRI investments. While Mr. Ravin Bhojani, BDM, Niho Construction Ltd in Gujarat said that the company is gazing for a partner in UAE for expansion.
Meantime, the Property Expo is arranged in Dubai by the India’s largest circulating English daily ‘The Times of India’ and the organizers said that the expo will be held twice a year.
Speaking to the www.propertykhazana.com Chandan Ahuja, senior manager for sales and marketing, The Times of India said that the event will also be held in Kuwait, Bahrain and other parts of UAE to facilitate the NRI’s.
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