The world’s largest B2B real estate brand IIR Middle East will going to launch Cityscape India at the Bombay Exhibition Centre Mumbai from 19-21 November 2007. A record breaking FDI climb to $11.2 billion in 2006 which was a 155% increase year on year made them to think upon this.Real estate investment regulations for Non Resident Indians and foreign investors have provided the force to drive the value of the Indian real estate market towards $50 million by 2010.
Rohan Marwaha, Group Director, Cityscape, said, “There has never been a better time for overseas investors and developers to engage with the Indian real estate market and an ideal opportunity for us to launch Cityscape India. Aiming to strengthen trade relations between the UAE and India, largest real estate india developer DLF confirmed an agreement with Dubai developer Nakheel worth $20 billion to build two townships in India”.
Cityscape is going to be a platform to further enhance residential, retail and commercial property growth to an international audience, highlighting revolutionary development and unparalleled investment opportunities. Cityscape India has already drawn support from leading real estate players. Jordan-based Aqaba Special Economic Zone Authority (Aseza), Dheeraj & East Coast from Dubai and major Indian developer Shipra Group have confirmed platinum sponsorship deals, while global property service company GVA Intercapitalis has taken silver.
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