The Union Budget for the year 2011, especially in housing sector, the focus is clearly on the affordable and rural segment. In order to enable easier availability of housing loans for the affordable segment, the Government has proposed to create Mortgage Risk Guarantee Fund under Rajiv Awas Yojana scheme which provides guarantee for the loan taken by the Economically Weaker Section (EWS) and Lower Income Group (LIG). For rural housing, allocation of approximately INR 3,000 crores has been made to enable targeted groups in the rural areas to avail housing finance.
The Union Budget has taken cognizance of the growth potential in the residential sector especially in the priority sector and has announced a laudable interest subvention. The budget has redefined the priority housing sector to include property up to Rs. 25 lakhs in urban areas and Rs. 15 lakhs in rural areas granting such properties. This is expected to increase the development momentum in such locations. This will have a positive impact in the smaller towns as well as the distant suburbs of the major metros, and may possibly prompt some of the larger developers and funds to enter these segments. Furthermore, the Budget has also indicated an investment linked deduction to businesses which develop affordable housing under a notified scheme.
Indian Property Show Dubai 2010 which started today at Airport Expo, East hall, Dubai will be held between 25th to 27th November 2010. The timings of the expo are between 11:00 a.m. – 10:00 p.m. It is expected that 8000+ visitors would visit the expo. The property expo has emerged as the largest and most diverse exhibition of exclusively India Property and a major showcase for Indian Property Developers. In Dubai, the three day exhibition will provide platform for NRI’s and PIO’s in United Arab Emirates to interact face to face with Indian Property Developers, financial institutions, legal advisors and many other sectors under one roof.
It is expected that there will be seminars, which will offer visitors opportunities to learn about issues such as the principles on investing of properties. The outcome of the expo is expected that demand in India’s 30 main cities will grow enormously. The expo will bring in about 65 of the best builders with the best properties.
Find below the floor plan of the expo and the exact cubicle where MARG ProperTies is available at Stall Number J4b.
Indian Property Show Dubai 2010 is a housing expo that is to be held at Airport Expo, East hall, Dubai. It is scheduled between 25th to 27th November 2010. The timings of the expo are between 11:00 a.m. – 10:00 p.m. 8000+ visitors are expected to visit the expo. MARG as a infrastructure development orgnisation is in high spirits to invite all the property aspirants to visit the grand expo. MARG ProperTies will be at your service and be present at Stall Number J4b
EVENT PROFILE
The Indian Property Show is well known in the Gulf as the most exclusive exhibition on Indian Property. As the name suggests, it’s a platform for Indian builders to showcase their property and the NRIs to get their dream home back in India. Started in 2006, the show is now on its seventh edition.
VISITOR’S PROFILE
Visitors include Agents and Brokers, Architects, Designers, Property Investors, Banks & Financial Institutions, Property Funds, Real Estate Agents, Financial advisors, Hotel & Resort owners, Tax Specialists, Interior Designers, Interior Designers, Legal Advisors, Waterfront & Luxury Developments, Marketing Specialists, Wine estates, Mortgage Operators of Clubs, Spas, Leisure.
EXHIBITOR’S PROFILE
Exhibitors include Agents and Brokers, Apartments & Penthouses, Master Planners, Designers, Business Parks Property and Facility Managers, Resort & Island properties, Developers & Developments Resort/Residence Managers, Financial advisors, Suppliers to Real Estate Sector, Hotel & Resort owners, Time share units, Interior Designers, Town houses, Interior Designers, Villas & villa developments, Landscape Consultants, Valuers & Surveyors, Legal Advisors.
Organizer:
Mr. Manish Jaisinghani
Sumansa Events
Tel : +971-4-3116603
Office 508, The Fairmont Dubai, Sheikh Zayed Road , P. o. Box, Dubai, United Arab Emirates
Tel : +(971)-(4)-3116603
Fax : +(971)-(4)-3328810
