Indian Property Investment Festival returns to Bahrain

PHOTO

REAL estate assets will be promoted by India’s billion-dollar companies in Bahrain this weekend.

The event, the Indian Property Investment Festival (IPIF) 2023, which is hosted by Hilal Conferences and Exhibitions and ExDais and organised by NRI ONE, will take place at The Westin Hotel City Centre from Thursday to Saturday.

“The IPIF provides an opportunity for India’s leading developers to assess Bahrain as a business entrepôt. Many of the companies are diversified groups with interests in pharmaceuticals, automotive, construction, education, and hospitality. Our conversations with some of these companies has yielded initial interest to visit Bahrain to assess wider investment opportunities,” said Hilal Conferences and Exhibitions managing director Jubran Abdulrahman.

NRI ONE with their proven track record in organising Indian real estate road shows around the world will be bringing 25 of the leading companies from India for the IPIF in Bahrain.

The developers include household names such as DLF, Brigade, TVS, Rustomjee, Puravankara, Sumadhura and Godrej.

“These developers will be offering property assets stretching across the length and breadth of India. From Mumbai to Goa, Bangalore to Chennai, Kerala to Delhi, Hyderabad to Ahmedabad, the IPIF has investment opportunities available for every member of the Indian expatriate community which are priced for all budgets,” said NRI ONE director Shekhar Bhardwaj.

Visitors to the Indian Property Investment Festival will be feted with a host of special offers from developers only available for the duration of the event. These are: special discounted prices, promises of up to 20 per cent guaranteed returns, additional land at no extra cost, free flights to inspect developments, easy payment plans and capital appreciation within five years.

ICICI Bank will be showcasing its services as a leading home loan provider in India by providing pre-qualification approval of mortgages for those looking to buy a home.

“Many of the developers are not new to investing in the GCC. Companies such as BCD have been contractors in Saudi Arabia and Iraq for several generations. ELV are looking to expand their schools and pharmaceutical manufacturing in the region; while many of the other companies are looking at setting up representational offices in the region,” added Mr Abdulrahman.

Mr Bhardwaj added: “We pride ourselves on attracting the valued developers of India who are able to offer ready built units and whose reputation will ensure that they will deliver on their promises to customers to continue to deliver.

“Bahrain will see our second event in the space of six months. The kingdom is a popular venue for our developers who want to take advantage of its strategic position.”

The IPIF is fully regulated by Bahrain’s Real Estate Regulatory Authority (Rera).