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Indians to invest Rs 168 billion in Dubai?s real estate in FY2018
The numbers are expected to increase further at the Dubai Land Department?s annual Dubai Property Show in Mumbai, which will return to India for the fourth time. The exhibition, presenting an exclusive showcase of Dubai?s real estate, will be held at Bandra Kurla Complex (MMRDA Grounds) in Mumbai on December 7-9, and bring together renowned developers such as Nakheel, Falconcity of Wonders, Sobha Realty, Gemini Properties among other prominent Dubai developers.
Properties on offer will range from budget to luxury apartments, to villas to beach properties, to furnished apartments and commercial properties. The exhibition aims to bring together experts from Dubai?s real estate, developers and consultants under one roof for seamless interaction with the potential Indian investors. Himanshu Gupta, General Manager, Dubai Property Show, said, ?For Indian realty investors, Dubai has proved to be a home-away-from-home; courtesy of a familiar environment, close proximity to India, fantastic growth opportunities and an increasing trust in the system.?
?Optimism is also very high as the real estate market gears up for a new phase of growth in the run up to Expo 2020, which will further strengthen the economic gains of realty investment in Dubai at present and in the next couple of years,? added Gupta.
To educate the buyers on investing in properties in the UAE, upcoming hotspots and other financing, free seminars will be conducted by qualified professionals. Free legal services will also be available to help visitors understand legal matters related to the UAE real estate laws, rules and regulations, new purchases and tenancy laws.
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