‘Enhanced infrastructure has opened gates to India property boom’

With superior worldclass construction and the rapid growth of infrastructure in Tier II Indian cities such as Goa, Pune, Ahmedabad and Coimbatore, the portfolio of properties available for Indian expats has increased, allowing for much wider choice, said a leading property expert. Mehul Vithalani, is head of a delegation of over 35 builders represented at The Great Indian Property Show now running at the Gulf International Convention Centre which was inaugurated by Mohammed Dadabhai, Chairman of the Dadabhai Group yesterday.

Mr Vithalani, who is founder of Just Properties and Just Finance, a property advisory and a property finance consultant, says, “Bahrain has been underserved by Indian property developers. There are many non-resident Indians here who are seriously exploring options to settle back home and with low EMIs and a thrust on infrastructure development by the Modi government, we are seeing the rise of affordable world-class housing in Tier II cities and in favourite metropolis centres such as Mumbai, Delhi, Chennai and Bengaluru.

Mr Dadabhai said the event had come at a time when many Indians were looking afresh at property investment in India. “There has been a marked improvement in modern construction and also real estate laws in India,” Mr Dadabhai said. “This has made investment in property easier and more attractive and this show has brought together some of the most reliable names in the industry from across the country.”

The exhibition features over 35 builders and property developers from across India such as Platinum Life (Mumbai), Mantri Group, Excella and Amanora Park Town from Pune, Sobha Developers who are showcasing their India-wide developments along with their Gujarat smart city project, Prarambh and Arvind Smartspaces from Ahmedabad, Purvankara from Kerala and other Southern builders such as Mulberry Homes, Kent Properties, Jos Alukkas Properties, Vishraam Builders, TVS from Chennai and others.

Also featured are retirement properties in Portugal, award-winning Pegasus Property from Bahrain and the Banyan Tree spa and wellness property investments from Phuket. The show runs till from 11 am to 7 pm today.