Mchi Announces 11th India Realty Expo 2008 In Dubai

Maharashtra Chamber of Housing Industry (MCHI), in its bid to attract investments from Middle East, would be showcasing properties of renowned builders from across India, at India Realty Expo 2008, to be held in Dubai from November 27-29.
 
Nov. 20, 2008 - PRLog -- Maharashtra Chamber of Housing Industry (MCHI), in its bid to attract investments from Middle East, would be showcasing properties of renowned builders from across India, at India Realty Expo 2008, to be held in Dubai from November 27-29.

India Realty Expo 2008, to be held under the aegis of MCHI, a member of Confederation of Real Estate Developers’ Association of India (CREDAI), will provide an opportunity to NRI investors to explore abundant opportunities offered by the real estate sector in India in housing as well as commercial and retail options.

As many as twenty five leading developers, members of the MCHI, would be participating in the exhibition, 11th INDIA REALTY EXPO 2008 scheduled to be held at Renaissance hotel, Deira, in Dubai. The exhibition will remain open on 27th November, 2008 during 5 pm to 9 pm and on 28th and 29th November, 2008 during 11 am to 1 pm and 4 pm to 9 pm.

The objective of the INDIA REALTY EXPO 2008 will provide a platform to Indian developers to showcase their projects and at the same time offer an opportunity to the NRI investors to explore the vast opportunities and wide range of housing and commercial options available in the Indian Real Estate Industry from Mumbai, Thane, Navi Mumbai, Panvel, Pune, Bangalore, Goa, Nagpur and other Indian cities.

The INDIA REALTY EXPO 2008 will provide a one stop solution to all needs of a Non-Resident Indians intending to purchase a property in India. The exhibition will have representatives from major real estate developers such as Akar Creations Pvt. Ltd., Ashtalaxmi Realties Pvt. Ltd., Better Home, Bramha Builders – Pune, G. Corp Properties Pvt Ltd., Godrej Propreties Ltd., Hiranandani Constructions Pvt. Ltd.,  Kalpataru Ltd., Kanakia Spaces Pvt. Ltd.,  Nahar Builders & Developers Ltd., Neelkanth Group, Nirmal Lifestyles, Our Town – Mumbai, Pathy Housing Pvt. Ltd. - Bangalore, Prajapati Constructions Ltd., Rustomjee, Sunil Mantri Realty Ltd.,  Tata Housing Development Company Ltd. and more,  along with leading housing finance company such as DHFL and more..

Mr. J. S. Augustine, MCHI’s Co-Chairman, International Exhibitions, said,” Investment in India is a greater opportunity for NRIs in UAE. The real estate prices in India currently are very attractive. The recent depreciation of Indian Rupee against the US dollar has turned beneficial to the NRI investors in UAE since this will give the NRI investor around 20% more property value for every dollar.  NRIs can hedge their $ funds to get more returns especially when they are getting good deals from Developers. Considering these facts, The INDIA REALTY EXPO 2008 is expected to be a successful event this year like in the previous occasions. We are also doing a concurrent online exhibition for the benefit of NRIs to interact with the exhibitors. Dubai NRIs can even talk to the Developers on our Radio talk show during these days”.

Mr. Zubin Mehta, CEO, MCHI said, “We are glad to announce The INDIA REALTY EXPO 2008, which is entering into 8th year. The exhibitions organized by the MCHI have always proved successful occasions from the NRI buyers perspective in the past may it be in India or U A E. The forthcoming exhibition in DUBAI is being attended by prominent developers, who had their projects in almost all the categories such as  IT, ITES, Retail, Entertainment, Banking,  Financial, Hospitality, education and of course residential properties to suit all budgets ranging from 4 lacs to 2 crores and more. The event is expected to see substantial investments from the Indian and overseas companies.

He further added that,”during trying times always rely on exhibitions organized by reputed and official trade bodies such as MCHI to invest your hard earned money for safety and security since almost all participants are reputed and members of our body.”

About MCHI
Maharashtra Chamber of Housing Industry (MCHI), formed in 1982 is the most prominent body of real estate builders and developers bringing together members dealing in real estate and construction industry on one common platform to address issues facing the industry. Members of MCHI account for providing more than 80 % or 90% of residential accommodation in Mumbai and its vicinity and helps both the Central and State governments in meeting their objectives or providing shelter. MCHI works towards raising awareness among the general public, real estate and construction industry while providing them with exhaustive information on projects and new developments in and around Mumbai. With over 400 well-recognized and reputed member builders, developers MCHI is affiliated with leading industry associations like FICCI, IMC and CREDAI.

For more details please contact :
Adfactors PR (022 22813565)
Dattu Hegde (98202 95646)
MP Joshi (93232 55690)
Kavita Nagavekar (96191 38779)

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Maharashtra Chamber of Housing Industry (MCHI), formed in 1982 is the most prominent body of real estate builders and developers bringing together members dealing in real estate and construction industry on one common platform to address issues facing the industry. Members of MCHI account for providing more than 80 % or 90% of residential accommodation in Mumbai and its vicinity and helps both the Central and State governments in meeting their objectives or providing shelter. MCHI works towards raising awareness among the general public, real estate and construction industry while providing them with exhaustive information on projects and new developments in and around Mumbai. With over 400 well-recognized and reputed member builders, developers MCHI is affiliated with leading industry associations like FICCI, IMC and CREDAI.
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