Quotes: US MENA   Enter Symbol: NewsLetter: Search: advanced

Over 3,000 expatriate Indians visit homes fair in Oman  Join our daily free Newsletter

MENAFN - Muscat Daily - 03/02/2013

No. of Ratings : 0
Add to Mixx!


 


(MENAFN - Muscat Daily) Over 3,000 non-resident Indians (NRIs) visited the India property fair which took place over the weekend at Holiday Muscat Holiday. Organised by HDFC Bank, the exhibition was inaugurated by H E J S Mukul, the Ambassador of India to the sultanate, along with Ajay Sachdewa, regional head - HDFC Middle East.

The exhibition showcased properties by 32 developers across 25 cities in India. Prospective buyers had a wide range of properties to choose starting from R2mn (RO14,468) to premium properties up to R100mn (RO723,300).

The bank provided a platform to enable Indian expatriates to chose and evaluate an array of properties on offer including row houses, villas and apartments without actually visiting the country. During the fair, prospective buyers got opportunities to interact with senior representatives of property developers.

A team of counsellors provided buyers home loan, legal and technical advice relating to property-related documentation and a full range of home loan and flexible repayment options tailor-made to suit their requirement.

 

Speaking on the occasion, H E Mukul said, ''We are happy that HDFC has provided this excellent platform for NRIs to buy houses as several options have been offered under one roof. I am sure it's a good option for people to analyse and select what suit them best.''

Sachdewa said, ''The fair gave a platform to NRIs to walk in and book properties. Legal and technical aspects of every property is verified before any sale is conducted. We are also giving housing loan at an interest rate of ten to 10.5 per cent. Most NRIs in Muscat usually buy properties in  a range of R2mn (RO14,468) to R5.5mn (RO39,786).''

Some of the developers who took part in the fair included ATS, DLF, Emaar MGF, Godrej Properties, Hiranandani Constructions, Lodha Group, Mahindra Lifespaces, Nirmal Lifestyle, Tata Realty, Unitech, Vatika, Brigade Enterprises, BSCPL Infrastructure, Real Value Promoters and Mantri Developers.<


 






  MENA News Headlines


 






Google

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country
Marketwatch News
UPI News
Comtex News

IPO News
Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

US Markets Details

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Investment Game
Economic Calendar
Financial Glossary

My MENAFN
Portfolio Tracker

Voting

Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2000 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help