New Delhi: The second edition of International Real Estate Expo (IREX) will be held from 7th to 9th October, 2016 at Ashok Convention Hall, Ashok Hotel, New Delhi. IREX is an annual show that presents investment avenues for high net worth and wealthy individuals who intend to invest in international real estate and premium luxury properties. IREX presents a unique opportunity for international real estate and financial companies to tap the growing Indian market for international investments.
IREX 2016 will have participation from over 85 leading international real estate developers and marketing companies and is expected to draw more than 5000 visitors due to an intensive and targeted marketing campaign. The show is timed with the annual festival season which is considered auspicious for new investments by Indians. IREX will present investment opportunities in high end Residential, Commercial, Hotel & Leisure etc.
Leading international companies involved in community and master development, high rise buildings, premium residential towers, office towers, hotel and leisure facilities, retail outlets will be exhibiting their latest projects. Real Estate Investment opportunities in US, Canada, UK, Europe, UAE, Sri Lanka, Thailand, Indonesia, Hong Kong, Australia and New Zealand will be showcased at the show.
The show will present a unique opportunity for luxury property developers to tap HNIs and elite clientele from all over India. 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. As per the recent wealth report of a reputed London based firm Knight Frank, 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.
Indians are investing in international properties for capital appreciation, end use or rental earnings. Several international banks offer loans to non-residents in UK, UAE, US at interest rates that are considerably lower than the rates prevailing in the Indian market that makes these deals more attractive. Through this show, the Indian investors will be able to identify real estate investment opportunities and gain knowledge to make informed investment decisions.
The participating companies will be able to create brand awareness, exhibit their latest project offerings and do on the spot bookings”. Coinciding with the show, an Investment Forum is being organized which will dwell on various issues of real estate investment in India and abroad. Real Estate Experts will be presenting and analyzing potential investment options and prospects.
Project presentations will also form part of this informative forum where investors can gain insight to take informed investment decisions.
The first edition of IREX, held in December 2015 at Pragati Maidan, New Delhi, drew tremendous response from the visitors who could meet participating real estate developers and investment firms fr0m US, UK, UAE, Australia, Cyprus, Greece, Sri Lanka etc. International real estate companies like Damac Properties, Emaar Properties, Sotheby’s International Realty, Trafalgar, R P Global, Herald, Aristo, Ray White etc. participated in the show. The show also had participation from Indian luxury developers like Mahindra Lifespaces, Tata Housing, DLF, Raheja Universal, Jaypee Greens, Vatika, Lavasa etc.
In line to make the entire platform an experiential international real estate avenue for India, IREX 2015 showcased three top-notch designers labels like Gauri Khan Designs, Raseel Gujral Ansal’s Casa Paradox and Meera and Muzaffar Ali’s House of Kotwara. The trio showcased custom designed interior spaces at the first edition of IREX with a view to make both buyers and developers aware of the importance of stylish and designer inspired living spaces.
IREX is supported by Royal Institution of Chartered Surveyors (RICS) and National Association of Realtors (NAR) that has 1.1 million members from all over India. IREX is organised by GMN Road Shows & Events which is part of GMN Media Pvt. Ltd, an international media company that represents several international media and exhibition brands in India and organises road shows and events.
For more details, please contact:
Mayank Chhatwal
Associate Vice President
GMN Road Shows & Events
(Organisers of IREX)
120 Sector 44, Gurgaon 122002
Tel: 0124-4932020
Mobile: 9818880538
Email: mayank@gmnindia.com www.irexindia.com
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