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Follow on Google News | UAE Real Estate Giant targets Indian marketOne of the biggest names in world real estate is to expand its interests in India and plans to market its homes projects on a “pan-India basis”. Hamptons International, a subsidiary of Dubai-based giant Emaar Properties
By: maaproperties The Commonwealth Games Village will house athletes during the event but will be turned into homes priced from £224,368 ($316,252) and will include landscaping and a community hub. The innovative homes project is set to be the first purpose-built self contained residential real estate scheme in Delhi. Security remains a concern ahead of the 2010 games and the November terror attacks in Mumbai cast a shadow over the planning of the event. But organisers recently told Reuters that security remains a “number one concern” and that measures similar to those used at the 2008 Beijing Games could be used. Emaar is already one of the biggest builders of homes in the UAE and is also developing a presence in North Africa and Western Europe. Says R K Mittal, CMD of CHD Developers, “More single women are now coming forward to invest in real estate. About 15-20% of all enquiries we get are from women and almost half of these are unmarried. Women today are on the same professional, personal and financial platform as men. They are independent, earning high salaries, driving their own cars, and have an impressive lifestyle full of luxuries. Owning a house, no doubt, is topmost priority. It makes them feel safe and secure for the future and serves as a wise investment option.” Agrees Rohtas Goel, CMD of Omaxe, “Today, more women are buying their own homes. Yes, we are getting more queries from prospective women buyers now, but they are more for Tier-I cities as compared to Tier-II & III cities. Also, mature female buyers will often buy in an urban area as most urban centres tends to escalate faster in value than in a suburban environment, so there is opportunity for greater equity growth.” And even though developers may not have special schemes yet lined up to specifically target the woman buyer, most are mulling the option seriously. While CHD Developers does not currently have any special incentives for women, they will come up with them if the percentage of women buyers keeps showing an upward graph. Omaxe and Ambience Group are also not averse to the idea of planning some special incentives for the women buyer......http://www.maaproperties.com/ At Maa Properties, we have in-depth knowledge of property markets, extensive experience, specialized skills and resources necessary to provide an entire range of reliable and responsive property management services. No matter how far away you are currently located, our online services enable you to take charge of things and efficiently handle all property-related transactions back home. We would like to take the opportunity to welcome all the community members living world wide to our real estate portal.(NRI) # # # Maa properties provides property related transactions in Hyderabad like buy, sell, rent, lease, providing tenants, maintenance for nris under three services property deals, property analysis and property care. End
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