`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
Printer
Friendly Format
Back
to previous page...
Back
to home page...
Submit
your press releases...
|