`INDIAN REALTY SHOW 2008` - The largest Indian Realty Show in US

Released on: June 17, 2008, 2:36 am

Press Release Author: One Place Infotech Pvt. Ltd.

Industry:

Press Release Summary: Indian Realty Show 2008 organized by www.atoneplace.com at
two locations in USA, San Jose, California and Secaucus, New Jersey, offered an
exclusive and distinctive opportunity to Indian Developers, Realtors & NRI Customers
to Meet, Market & Learn about current real estate opportunities in India.

Press Release Body: The largest ever expo on Indian real estate in USA presented NRI
solutions for problems related to investments in real estate in their country living
far away from their homelands, looking for a dream abode for their parents or
finding commercial prospects.

The Show, which was a nine day long event, began on 29th March 2008 at San Jose
Convention Center in San Jose, California and ended on 6th April, 2008 at
Meadowsland Exposition Center in New Jersey. At the Indian Realty Show 2008, the
elitist Indian Developers from all over the country were available on hand to help
NRI customers make informed decisions about their options. The Show saw thousands of
NRIs flocking to over 20 booths of premier Indian developers, home financial
institutions and legal experts. Over Rs. 300 million of transactions took place
during the expo and over Rs. 1200 million worth of inquiries got generated.

It was the first time that Indian properties were showcased on such a large platform
along with knowledge seminars on legal considerations, mortgage, taxation and
repatriation issues that ran in conjunction with the property show. Leading industry
veterans and subject matter experts assisted the NRI buyers and investors to
understand the current Indian property market, legal considerations, mortgage
options and issues related to taxation and repatriation before reaching on the
correct buying options.

"We, NRIs in US live such far away & most of us have been living in US for a long
time which has been a disadvantage to our knowledge as such issues. This show
completed the gap by bringing all such experts to us," said Chriag Bindal of Edison,
New Jersey.

"Before coming to the show I had no idea what to consider regarding taxation and
repatriation for my commercial investments at India. I am looking to invest
substantially in India as the US real estate market is no longer growing," quoted
Atul Thakur of Fremont, California.

"The successful accomplishment of the Indian Realty Show 2008 has confirmed our
confidence and trust in the NRI kinships\' investment in the Indian real estate with
broad spectrum of quality opportunities in housing and commercial sector," said Mr.
Gunjan Garg, CEO of atoneplace.com

Even though the Indian real estate industry is under progress of getting structured
to the levels of U.S. real estate for instance Indian real estate shows
significantly higher value due to many rising factors in the economy. Having their
relatives and families still living in the country, the NRIs have strong emotional
reasons to make such investments into their homeland.

"The lack of a platform to serve them in their countries of residence is the bottle
neck to a huge demand from NRIs worldwide in the Indian realty," Mr. Garg further
added.

\"Transparency and Trust play a key role in the modern day Real estate transactions.
Educating our customers about the grand bouquet of Indian properties, and
facilitating a smooth transaction are our top priorities. We are happy that the Expo
helped us achieve these goals and look forward to organizing many more!\" said
Manisha Gupta, the Cofounder of the Company.

"Indian Realty Show was an excellent effort with a good response from the serious
buyers. atoneplace.com should keep this initiative of minimizing the gap between the
NRIs and the developer going on. The organization has offered a platform to the
Indian developers that empower them with tremendous potential," said Mr. Amit
Kataria of Unitech who showcased an elite batch of home solutions and launched
country's most premium project till date -- Karma Lake Lands in Gurgaon, Haryana at
the show.


"It was a flawless arrangement and the hospitality was beyond our experiences," Mr.
Avneesh Bhatnagar of Narayan Group who is looking into U.S. markets as strategic
initiative for Rajasthan's largest developer - Narayan Group.


"The exhibition was very well organized. When it was the first time the organizing
committee had done it! The entire team of atoneplace.com was involved in every small
detail and at more than one occasion they went out of the way to help organize
things which they could have skipped. The venues were well chosen and were conducive
for business. Overall, the exhibition was a success and helped the developers
generate goodwill and trust among US based NRIs.

Jaypee Greens used this opportunity not only to generate sales but also to showcase
that our projects are not only among the best in the country but can compete in the
world market with universal acceptability," Mr. Deepak Abbey of Jaypee Greens who
also introduced their new offering Pavillion Court amidst NRIs in US.

"The Indian Realty Show was advertised and marketed in a strategically planned
manner that enhanced the footfall at both the locations and they had serious buyers
visiting the event. He hoped to see all off them again in the next expo," expressed
by Mr. Parag Gupta from Eldeco Group who presented their Eldeco Amantran to the NRIs
which offers excellent features and specifications that can make the life at Metros
really exotic.
Geographical distance makes due-diligence a thorny process for NRIs when they are
looking for a reliable investment options in India. atOnePlace.com with an aim to
connect buyers and Indian developers face-to-face organized this expo as a medium to
NRIs so that they can conduct a proper due-diligence before investing their savings
in the Indian real estate.
Premier Property Developers with PAN India presence including Unitech, Omaxe,
Parsvnath, Narayan, Jaypee Greens, Duo Associates, Sternon, Shivalik, Vatika, etc.
and leading NRI investment solution providers Citibank NRI solutions and HSBC NRI
solutions formed the part of the Indian Realty Show 2008 and showcased their
residential, commercial & retail projects for elite NRI customers. Unitech was the
Platinum Sponsor of the event with, Duo Associates, Narayan Group, Parsvnath
Developers Limited and Vatika Group doing honors as the Gold Sponsors.
The Indian Realty Show 2008 helped NRIs to:
. Analyse and understand bouquet of Indian residential and commercial solutions.
. Expert advise on considerations before investing in Indian real estate
. In-depth information about the development happening around the country.
. Direct interaction with property professionals about buying and selling property
at India.
. Potential investment and growth areas in India
. Indian tax strategies & repatriation rules.
. and much more.


The success of Indian Realty Show U.S., March-April-2008 has opened new markets for
the Indian Developers, Realtors, NRI Customers with atOnePlace.com. With the similar
focus and objective of educating NRIs on Indian properties and laws and at the same
time offering transparent platform to the Indian developers to establish their
brands in the Internmational markets, www.atoneplace.com is launching the real
estate extravaganza in August-September 2008. The show would be a major event to
minimize the geographical distances between the two countries at the same time
building pillars of trusts.



Web Site: http://www.atoneplace.com

Contact Details: ONE PLACE Infotech Private Limited
H-189, Sector 63, Noida, Uttar Pradesh, India
Tel: +91-120-4256027

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