New Delhi, Delhi, India
Dubai’s iconic real estate developer, Deyaar has successfully conducted its two-day event on 22nd & 23rd October at the Claridges Hotel, located on 12 Dr. APJ Kalam Road, New Delhi. The event that showcased exclusive real estate deals from Dubai, received great response from the investors based out of the national capital.
“India is a key investor market for Deyaar, with Indian investment in Dubai’s real estate growing exponentially in the recent times. We are proud to bring our developments to New Delhi, which is considered the country’s business hub,” said Nasser Amer, Deyaar’s sales vice president.
The event was conducted in partnership with Indian real estate transaction platform, Square Yards. This is the second time, Deyaar has partnered with Square Yards to bring its properties in the Indian market. Earlier in the month of May, the duo had a major success in Mumbai, wherein a large number of Dubai-based properties were sold.
The event witnessed exclusive projects, located in the heart of Dubai namely Mid Town, Ruby Residence & Mont Rose. These state of the art projects are equipped with world class amenities & facilities & hence resonated very well with the HNI real estate investor & buyer fraternity of the Indian capital.
The success of such events could also be explained due to the rise in interest among the Indian HNIs in international real estate. Increasingly, Indian investors are scouting for profitable international real estate deals.
Better Returns in International Project
In fact, some industry insiders believe that if carefully chosen, international projects can ensure better investment returns compared to domestic deals, as they are generally associated with higher capital appreciation & rental yields.
Similarly, investments are always not very high in international projects. In the recent projects by Deyaar, the property prices start at 86 lacs with a booking amount of just INR 54,000. This makes the ticket size equivalent to a typical domestic investment & hence within the reach of many buyers.
In the times to come, there could be further surge in Indian investments in international real estate, with cities like Dubai being the major beneficiaries due to their geographical & cultural proximity.
About Square Yards
Square Yards is a technology-enabled transaction and aggregation platform for the Global real estate. Founded in 2013 and growing at a scorching pace, Square Yards is already the #1 pan-India distributor by revenues for the primary residential real estate in India, and it enjoys a virtual monopoly in the NRI markets. In the last 2 years, Square Yards has been able to generate exceptional growth rates in all key metrics, and it currently has an annual revenue run rate of $25 mn while being EBIDTA positive – the only company in online real estate space to do so.