MCHI-CREDAI’s 6th India Realty Expo will be held at The Cumberland, Great Cumberland Place, London, next to Marble Arch Station, Behind Oxford Street; 15 & 16 September, 10 am to 7 pm. The event has been planned so as to provide the NRI community in the U.K. with some of the most ‘happening’ real estate investment option across India’s Urbs Prima Indies – Mumbai City, suburbs and its peripheral areas including sister cities like Thane, Navi Mumbai, Dombivli Kalyan, Mira Virar among others – as also realty options from the neighbouring city of Pune and select properties from the land of Sun, Sand and Surf – Goa.
The expo will provide Indian NRI & PIO investors in the U.K. a chance to explore the abundant opportunities offered by India’s real estate sector in housing as well as commercial and retail options. The property show will offer investment opportunities which are lucrative, and are segmented across price points and locations.
Non Resident Indians (NRIs& PIOs from London UK) have been buying properties in India, taking advantage of the changed valuation of the Indian Rupee vis-a-vis Global currencies. Booking in Indian real estate projects by NRIs have grown in recent months.
Media reports suggest that NRI are buying more of residential properties, reports suggest that a large chunk of recent queries by NRIs for Indian real estate have been focussed on residential properties in Mumbai, its peripheral region Pune & Goa.
The changed valuation of the Indian rupee versus the GBP has been a big incentive for NRIs to cash in on the advantageous values prevailing, giving them more purchasing power, making it an ideal time for U.K.-based NRIs & PIOs to buy property in India.
MCHI-CRFEDAI has perpetuated an ethical code of conduct for members, who are major developers/builders across the MMR.
MCHI-CREDAI CEO Zubin Mehta points out that, at just about any exhibition, you will find some known and some new/unknown developers inviting potential buyers to invest in projects which may be in locations unknown, or new developing areas about which the NRI home seeker may not know about. But at a exhibition organised by an industry body like MCHI-CREDAI, it is a safe and secure investment, given the inherent advantage of buying from an exhibition organised by MCHI-CREDAI.
Speaking of the MCHI-CREDAI assurance, Mehta said MCHI-CREDAI ensures complete transparency and assurance to the customers throughout the entire transaction and guarantee them the amenities and specifications as promised during the deal. “In the unlikely event of any dispute, the consumer can approach MCHI-CREDAI to assist them in resolving the same,” says Zubin Mehta.
Recalling the experience of previous exhibitions in the U.K. by MCHI-CREDAI, Zubin Mehta said, “We have organized a number of property exhibitions in London since 2003 and always have received a fairly good response, with NRIs turning up in strength at these exhibitions.
The quality of the enquiries is always genuine; most visitors confirm their decision to purchase in the past. Considering the current situation, we are hopeful of very good response from NRIs in London this September”.
Leading real estate developers will showcase their choice properties from Mumbai, MMR, Thane, Pune and Goa at this exhibition.