Indian Property Fest back in Bahrain with premium projects
MANAMA, March 12, 2023
Real estate assets will be promoted by India’s billion-dollar companies in Bahrain this weekend. The event, Indian Property Investment Festival (IPIF 2023), is being hosted by Hilal Conferences and Exhibitions and ExDais and organised by NRI ONE at The Westin Hotel City Centre from March 16 to 18.
Visitors to the IPIF 2023 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% guaranteed returns, additional land at no extra cost, free flights to inspect developments, easy payment plans and capital appreciation within 5 years.
ICICI Bank will be showcasing their services as a leading home loan provider in India by providing pre-qualification approval of mortgages for those looking to buy a home.
"The IPIF provides the 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," said Jubran Abdulrahman, the Managing Director of hosts Hilal Conferences and Exhibitions.
"Our conversations with some of these companies has yielded initial interest to visit Bahrain to assess wider investment opportunities," he stated.
NRI ONE, with its 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 to the kingdom.
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," remarked Shekhar Bhardwaj, the Director of NRI ONE.
"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," explained Abdulrahman.
"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," he added.
Bhardwaj said: "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 6 months. The Kingdom is a popular venue for our developers who want to take advantage of its strategic position," he added.
According to the organisers, the IPIF is fully regulated by Bahrain’s Real Estate Regulatory Authority (Rera).-TradeArabia News Service