A Real Estate Company from India opens its new office in Dubai
25/11/2012
In the UAE, the population of expatriates is indeed bigger than those local residents, especially the Indian Nationals that topped the list with 45 per cent of the country's population. It means that a lot of them are either working or having their own businesses but exclusively sponsored by at least one local national; for it is in accordance with the government's law.
Due to such reason of having a biggest population in the country that has a number of emerging markets such as tourism, trading, and real estate, the Indiabulls Real Estate Limited, one of the top Real Estate Companies in India as well as an Bombay Stock Exchange-listed Developer, has recently opened its first overseas office in the country with a sole objective to provide those Gulf Non-resident Indians (NRIs) in particular.
According to Santosh Tandel, Regional Head of the company in the Middle East and Northern Africa (MENA) region, he said that because of the fact that between 25 and 30 per cent of the company’s overall business was just generated by NRIs, especially those who are living in the Gulf Arab region. For this reason, Indiabulls has decided to have at least a local office that will cater those NRIs prospects.
So far, Indiabulls has been among the top property development companies in India with different realty projects including residential complexes, integrated townships, commercial office complexes, hotels, malls, special economic zones, and infrastructure development.
In addition, it is currently developing a total of 31 high-end property projects that have approximately around 71.55 million square feet with a premium quality; that is, it is indeed one the reasons why the company has been assigned with 'A'rating.
Due to such reason of having a biggest population in the country that has a number of emerging markets such as tourism, trading, and real estate, the Indiabulls Real Estate Limited, one of the top Real Estate Companies in India as well as an Bombay Stock Exchange-listed Developer, has recently opened its first overseas office in the country with a sole objective to provide those Gulf Non-resident Indians (NRIs) in particular.
According to Santosh Tandel, Regional Head of the company in the Middle East and Northern Africa (MENA) region, he said that because of the fact that between 25 and 30 per cent of the company’s overall business was just generated by NRIs, especially those who are living in the Gulf Arab region. For this reason, Indiabulls has decided to have at least a local office that will cater those NRIs prospects.
So far, Indiabulls has been among the top property development companies in India with different realty projects including residential complexes, integrated townships, commercial office complexes, hotels, malls, special economic zones, and infrastructure development.
In addition, it is currently developing a total of 31 high-end property projects that have approximately around 71.55 million square feet with a premium quality; that is, it is indeed one the reasons why the company has been assigned with 'A'rating.
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