India's First International Real Estate Show IREX to Be Held in New Delhi, India

Gurgaon India, July 28, 2015 (Newswire.com) - Media Release

India’s first international real estate show IREX to be held in New Delhi

The first edition of International Real Estate Expo (IREX) 2015 will be held at Pragati Maidan in New Delhi. The three-day expo starting from 4th December 2015 will present international real estate investment avenues for high net worth and wealthy Individuals who are looking at investing in a property outside India. The show will have participation from leading property developers from US, UK, UAE, Singapore, Australia and Thailand who will showcase their latest property offerings. This was announced in New Delhi today by the organisers GMN Road Shows & Events.

IREX will present investment opportunities in Residential, Office, Commercial, Hotel & Leisure, Retail, Industrial properties etc. International companies involved in community and master development, high rise buildings, residential towers, office towers, hotel and leisure facilities, retail outlets and health and sports will be showcasing their latest projects.

Indian residents are increasingly looking for good realty investment opportunities abroad. Due to the downturn in the Indian real estate market, investors are exploring new avenues to invest. The stability of the Indian Rupee and relaxation of RBI rules that permit Indian residents to invest overseas have further created an investment climate favourable for international real estate.

The developers from Dubai are expected to participate in huge numbers as they are now targeting the Indian market in a big way. As per the recent wealth report of a reputed London based firm, India’s high net worth individuals are heavily investing in real estate in other countries; and their numbers have grown 166% in the last 10 years. Almost 50% of all India’s UHNWI & HNI have foreign real estate in their portfolios, which is highest in the world.

Indian residents are investing in a property abroad for appreciation in value, end use or rental earnings. Through this show the Indian investors will be able to identify real estate investment opportunities and gain knowledge to make informed investment decisions.

Vimal Anand, Director of IREX said that “This show is being held in line with prestigious international realty exhibitions held around the world that promote international real estate investment opportunities. Being the first and only International Real Estate Expo, IREX 2015 offers a perfect platform for international real estate companies to tap the growing Indian market. About 5000 visitors from all over India are expected to visit the show. The participating companies will be able to create brand awareness, exhibit their latest project offerings and do on the spot bookings”.

The event is supported by National Association of Realtors (NAR) that has 1.1 million members from all over India which include NAR's Institutes, Societies, and Regional Councils involved in all aspects of the residential and commercial real estate industry. Royal Institution of Chartered Surveyors (RICS) is the Knowledge Partner.

Coinciding with the event, an Investment Forum is being organized which would dwell on various issues of international real estate investment. International Real Estate Experts will be presenting and analyzing the potential investment destinations while legal and financial experts will talk about the rules, regulations and financial aspects of international real estate investment for Indian residents. Country presentations and project presentations will also form part of this informative forum from where investors can gain insight to take informed investment decisions. Besides this, a industry conference is being organised that will offer a platform for information exchange and discussions on subjects related to the real estate sector.

The Show is organised by GMN Road Shows & Events which is part of GMN Media Pvt. Ltd, an international media company that represents several media and exhibition brands in the Indian market and organises road shows and events for its clients.

Mr. Mayank  Chattwal                                                                                                             Asst. Vice President,                                                                                                                             

GMN Road Shows & Events                                                                                                                                                  

(A Division of GMN Media Pvt. Ltd.)                                                                                                                                     

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