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Real Estate Briefing - Categorized | Developers, Market Moves more

Indian property developers woo Gulf expats amid financial crisis

Posted on 23 October 2008

From Indiatimes.com: With property prices and rents spiralling in the Gulf and the rupee depreciating, Indian real estate developers are actively promoting their products among expatriate Indians in the Gulf.

“Because of spiralling rentals in Dubai and elsewhere in the region, Indians working here prefer to keep their families back home,” Haseeb Ahamed, chairman of the Calicut chapter of the Kerala Builders’ Forum (KBF), told IANS here Wednesday….. Full Article: Source


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