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Lokhandwala Infrastructure forays into Dubai realty segment

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On the expansion mode, India’s well-known Lokhandwala Infrastructure has forayed into the Dubai realty market which is equivalent to India, as far as the realty growth is concerned.
As per the source saying @ the www.propertykhazana.com Dubai’s flourishing realty business has fascinated investors from Indian, US, UK and Pakistan. Jean Soriano, Lokhandwala Builders International’s sales coordinator said to the sources that “Indians prefer Dubai as an alternative of Mumbai, because Mumbai realty is evenly pricey alike US and UK”. Dubai is the best investment option and properties can be owned here on premium of 30% in 3 years and looking at the appreciation one can sell their property soon after the 1st down payment. In fact, the land law here is customer friendly and not so refined like India, added Jean Soriano.
Meantime, Lokhandwala Infrastructure has executed and geared up to put on sale the Lady Manor in Dubai and the allocation is scheduled to begin at the earliest. Mr. Soriano revealed at the www.propertykhazana.com that the flat owners are keen on re-sale and he also added that Eden Gardens, at the close proximity to the Dubai Sports City is under progress while the 1BHK and Studio Apartments are almost closed for bookings.
As per to the source saying @ the www.propertykhazana.com some months ago, the development of 10 storey 27th Square was undertaken and in the meantime, 2 other projects are in line. Mr. Soriano added that, once the project nears the completion it will be open for bookings. The price range from 7 Lakh Dirham and for Studio Apartments it is 1 Million Dirham, 1.2 Dirham and 2.5 Dirham for 1 and 2 BHK apartments, added Mr. Soriano.
Source: NBTVLIVE

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