The 11th edition of the ‘India Property Exhibition’ will give non-resident Indians (NRIs) in Bahrain a glimpse of their dream homes in India.

The two-day flagship property exhibition, hosted by Adsync Advertising – Dubai in association with National Real Estate Development Council, supported by Let’s Go Bahrain, Dadabhai Travels and banking partner ICICI Bank, will be held at the Crowne Plaza Manama – Bahrain tomorrow and Saturday, from 10am to 8pm.

“The time to invest in India is now – the declining Indian rupee, dips in borrowing costs and affordable housing projects are all encouraging prospective buyers to purchase new properties,” said Adsync managing director and exhibition organiser Pradeep Pinto.

“There is also an indication that a rising number of consumers would be keen to invest in residential properties.

“Today, the Indian realty market is once again a prime focus area for NRI investors,” he added.

With the decline in the value of the rupee, Indian residents in Bahrain have a golden opportunity to invest in property back home, at rates that would otherwise be hard to come by.

Homes showcased at the exhibition by top builders from India will cater to different budgets to ensure that majority of NRIs in Bahrain will benefit from the show.

As such, it is the ideal forum for NRIs residing in Bahrain to come face-to-face with developers and get solutions for all their real estate queries.

Visitors can look forward to exciting deals from developers in Mumbai, Pune, Delhi, Bengaluru, Gurgaon, Noida, Ahmedabad, Chennai, Coimbatore, Kochi, Mangalore and Hyderabad, while banks and remittance services will also be present to assist with NRI banking needs.

In addition to this, NRIs can also avail hassle-free home loans for acquisition of property in India and leverage benefits just like any regular resident Indian.

They can avail loans of up to the extent of 80 per cent as banks have become more flexible with loans in turn adding to the growth of the real estate industry.

The cities of Mumbai, Bengaluru, Hyderabad and the National Capital Region are major hot-spot destinations for real estate investments and are expected to yield returns between nine to 19 per cent on real estate investments over the next five years.

When it comes to long-term property investment, there is no reason to look only at the metro cities, as Tier II cities such as Lucknow and Ahmedabad also yield good returns and will grow exponentially in times to come.

 

Copyright 2022 Al Hilal Publishing and Marketing Group Provided by SyndiGate Media Inc. (Syndigate.info).