MCHI’s ‘India Realty Expo-2010’ 1st Day Sees Good Response from NRI Home-Seekers

MUMBAI, India, Saturday, December 11th 2010 [ME NewsWire]:

(BUSINESS WIRE)-- Maharashtra Chamber of Housing Industry’s 14th India Realty Expo-2010 exhibition was inaugurated by Mr. Naresh Mehta, Consul, Protocol and Commerce, Indian Consulate; at the Renaissance Dubai Hotel, yesterday 9th Dec 2010. Mr. Naresh Mehta was impressed with the range of properties on offer.


Mr. Naresh Mehta was welcomed by the Mr. L. P . Bhagtani, Joint Treasurer, MCHI and Managing Director Jaycee Homes Ltd. along with Mr. Zubin Mehta, CEO - MCHI.


Over the years, MCHI had worked to create a market for Indian real estate in the Gulf, including Dubai, Bahrain, Muscat and Kuwait.


Today, Non Resident Indians (NRIs) consider Indian real estate market a thriving investment destination with good returns on investment. Considering this scenario, one of India’s most prominent body of real estate builders and developers has organized the ‘14th India Realty Expo 2010’ at Renaissance Hotel, Dubai between December 9 to 11, 2010 to cater the ever-increasing demand for Indian real estate from Non-Resident Indians.


MCHI’s 14th India Realty Expo 2010 is a one-stop shop for potential buyers of Indian real estate that offers good buying and financial options. The exhibition showcases many projects ranging from Rs. 5 lacs to Rs. 5 Crores, that offered possession within a short time frame.


Mr. L. P. Bhagtani added, “MCHI’s 14th ‘India Realty Expo 2010’ will provide Indian builders and real estate companies opportunities to court potential buyers and investors in the U.A.E. All the economic indicators project a sustainable future for India. This is reflected in the enquiries that are being received by Indian developers from NRIs in the U.A.E.”


More information visit www.mchi.net


About MCHI:


Maharashtra Chamber of Housing Industry (MCHI), formed in 1982 is the most prominent body of real estate builders and developers bringing together members dealing in real estate and construction industry on one common platform. Members of MCHI account for providing more than 80 % - 90% of residential accommodation in Mumbai and its vicinity. MCHI helps both the Central and State governments in meeting their objectives of providing shelter.. With over 500 well-recognized and reputed member builders, developers MCHI is affiliated with leading industry associations like FICCI, IMC and CREDAI.
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