The event, mainly aimed at offering international properties to Indians and attracting investment in the booming real estate industry of India, is designed to be a ‘one stop shop’ for everyone from the world of real estate as it presents a unique combination of exhibition, education, and entertainment. According to the Al Fajer, organizers of the event, more than 15 UAE-based property developers will participate in the ARES 2007, which provides an ideal platform to all participants to showcase and market their properties and services.

”The Indian real estate market has emerged as one of the most attractive options to invest in the international market. But, as the investment amount is large, investors want to know about the developers and the projects developed by them before taking a final decision. The market in India for real estate would grow to $60 billion by 2010 and to $90 billion by 2015,’ said Satish Khanna, General Manager of Al Fajer Information & Services, the organisers.

‘The rapidly growing real estate market in India is moving towards maturity with increasing participation from large local and international players, rising investor interest and a market-friendly approach. The Indian government’s decisions to allow 100 percent foreign direct investment (FDI) and the entry of venture funds in real estate are expected to add to the growth momentum created by affordable financing options and rising disposable incomes. Further, there are indications that obstacles such as the absence of investment instruments in real estate are likely to be removed. Already, real estate mutual funds have been allowed to be floated in a move industry observers believe will pave the way for the setting-up of Real Estate Investment Trust-like structures,’ he added.

The real estate market in India is likely to touch US$ 90 billion by 2015, up from US$12 billion now. In mature markets of advanced countries, developers can at best hope for 5-7 per cent return, but in India, real estate investment yields are in the range of 20 per cent.

‘ARES 2007 will bring together all players of the real estate industry and provides an unmatched opportunity for them to widen their reach, display their potential and explore business and investment prospects. It poses as a distinctive ground, which will facilitate a unique opening to meet present and future client, industry leaders and professionals, all under one roof,’ he added.

The show will highlight various aspects of sustainable urban development, financing, architecture, environment branding, marketing and finance through seminars and workshops.

Some of the most renowned UAE developers including Al Fajer Properties, Damac and Star Giga, among others, will participate in the fair.

“We are always looking to see specifically that both our exhibitors as well as visitors are adequately satisfied. Therefore the key objective of this show is to provide players of the Real Estate Industry a podium to reflect their work and thereby help them exhibit their brand and potential to the buyer. Moreover buyers from around the world will witness a wide variety of real estate services as well as get a chance to purchase properties and clear all issues they face with regards to the real estate sector,’ concluded Mr. Khanna.

The show will be the first truly international real estate show ever to be held in South Asia and will be fully structured with an exhibition, informative seminars and workshops followed by a gala dinner and a special ‘Delhi Darshan’, a tour around the city for foreign participants to acquaint them with the place and its culture.

Source:
http://www.ameinfo.com/114400.html