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admin | January 17, 2010
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Dubai Properties Exhibited at Mumbai Extravaganza targeting Indian investors

Dubai Properties in Extravaganza Mumbai Indian Investor Targeting exposed

leading master real estate developer Dubai Properties has in the premium luxury show ‘Mumbai Extravaganza 2008′ in Mumbai, India at present, took his latest object data developments, including the latest project announced “Mudon be, an elite public high net worth visitors and top tier conglomerates.

Mohamed Binbrek, CEO of Dubai Properties, said:” Extravaganza Mumbai has provided us with the opportunity to investors immediate information present the latest developments from Dubai Properties as well as introduce our latest project launches a new market.
Br Indian citizens are major investors in the booming real estate market in Dubai. “Shipped

In 2007, Indian nationals DH4 billion in real estate in Dubai and spent the last 10 years a total of Dh6.5 billion real estate sector in Dubai.

were Indians living in the UAE, 10% of them lived in India or in other ways, to prove the existence of a strong demand for real goods from outside Dubai in the UAE.

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admin | January 15, 2010
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Dubai Properties Targets High Net-worth Indian Investors at Mumbai Extravaganza 2008

Dubai Properties Targets High Net-worth Indian Investors at Mumbai Extravaganza 2008

Mumbai Extravaganza offered a unique platform for international real estate institutions as well as developers to launch and promote new products. Apart from high net worth individuals, the high life show also attracted professional advisors such as lawyers, bankers, brokers, top management and decision makers of Mumbai´s leading corporations, successful entrepreneurs and celebrities.

Mohamed Binbrek, CEO of Dubai Properties, said: “We were pleased with our presence at Mumbai Extravaganza. The event gave us an opportunity to present investors with instant information on the latest developments from Dubai Properties, as well as introduce our latest project launches to a new market.

“Indian nationals are amongst the top investors within the booming real estate market in Dubai. The geographical proximity of India makes it an increasingly attractive sector for property developers in the UAE to contemplate. India itself is an emerging and credible market that boasts many international conglomerates and high-net worth investors with whom we are keen to meet and conduct business with.”

In 2007, Indian Nationals spent AED 4 billion on real estate in Dubai, and over the past 10 years, Indian Nationals have spent a total of AED 6.5 Billion on the Dubai Real Estate sector. While the majority of these buyers were Indians living within the UAE, 10% of them were living in India or otherwise, proving the existence of a substantial demand for Dubai real estate from outside the UAE.*

Dubai Properties was presented in the luxury event by Shorex Ltd. the award-winning London-based wealth management event specialist.

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admin | December 20, 2009
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Developers fear Mumbai property rates may shoot through the roof Soon

Real Estate Property Developers Fear Mumbai prices could soon be through the roof /

According to industry experts, with Indiabulls (14 lakh square feet commercial and retail) and Peninsula II (5 lakh sq ft) of buildings under construction in Lower Parel in Mumbai, the demand for residential property is expected to be 30% to March 2008 increase. While Indiabulls property should such an operational />
years with car parking for 3,500 cars, the Peninsula II properties will be completed next year.

According to Abhinandan Lodhi director, Lodhi Group: “The commercial property rates in Mumbai are expected to get about 50% more premium built buildings to increase. In addition, India is emerging as an important destination for the hottest premium commercial establishments that builders would be setting up a very large number of commercial buildings. “

Real estate prices have already touched the roof, as in the past two years when the booking for Ashoka Towers started at Rs 4000 per sq ft. But now the prices have are by an additional Rs 18,000 per sq. ft. has increased as a result, home buyers looking at Pune, Nasik, Chennai for setting up instead of buying a second home, a second home for the weekend in Mumbai.

This is also built on the requirement of 90 lakh homes in Mumbai, only 30% of houses have been. For example, many investors homes in Kharga, where 70% of the buyers still have not lived have purchased.
In Chennai and Bangalore, two-income families

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