GoDubai
  
  
  
  
Citylife > Press Release
  Home Contact us Add to Favourites
Most Recent Postings
More Press Releses
Featured Sections

Event Finder
A daily roundup of exhibitions, promotions and other events in Dubai and the rest of the Emirates.
Submit an Event
Latest Dubai Press Releases >> Real Estate and Retail

 
  Share
  •  Market has clocked a sales growth of 28 per cent post-demonetization as per latest study
  • Prestige Group ‘Buy now, pay later' offer to attract NRI consumers
6th December, 2017, Dubai - UAE:  The realty market in India seems to have shaken off the impact of demonetization by registering sales growth and now showing signs of revival. Optimistic on the growth of the affordable and premium segment properties, while seeing consolidation in the luxury segment, market stability has returned while buyer sentiment is upbeat because of the trust wave generated by the implementation of RERA.
 
To cater to the renewed interest and buyer's demand, Prestige Group, one of India's largest and most sought after property developers is presenting a special offer of “Own now, pay later” for NRI buyers at the upcoming CREDAI's Indian Property Show taking place at the Dubai World Trade Centre between 07 and 09 December 2017.
 
The company will be presenting a variety of developments across the cities of Bengaluru, Hyderabad, Chennai, Kochi and Mangalore. These consist of apartments in the budget to luxury range, as well as exclusive villas.  
 
“Buyers should not wait any longer as our 10% now and balance on possession offer is very lucrative. All our projects are RERA approved and this certainly gives an added reason for consumers to secure their purchase”, said Mr. Shub Ganguly - Sr. VP, Sales, Prestige Group.
 
Sales across the top eight markets grew 4 per cent in the first quarter of FY2017-18 on a year-on-year basis, while sequential growth stood at 6 per cent, according to a report by real estate research firm, Liases Foras. The study said that the realty market has clocked a sales growth of 28 per cent post-demonetisation.
 
Additionally, the report said that the affordable segment contributed 17 per cent to the overall sales, up from 16 per cent in the previous quarter. 



Posted by : GoDubai Editorial Team
Viewed 10096 times
Posted on : Wednesday, December 6, 2017  
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of GoDubai.com.
Previous Story : Sharjah Set to Host the First Pakistan Property & Investment Exhibition
Next Story : South Indian developers to have major participation at CREDAI's Indian Property Show
Email this article Print this article

Share this article with your friends and followers
NewsVine

Comments

Back to Top  
Most Viewed Press Release posted in the last 7 days
Skyline Book Fair 2018
The Bremont Waterman
Holiday hair: The best product to keep your locks smelling fresh and protected
ServeU to Take Huge Leap Forward with Smart Cleaning Robots
Emirates celebrates inaugural flight to London Stansted
Blackberry Key2: An Icon Reborn
Chronoswiss' Exclusive Limited Edition Flying Regulator Marks 31st Anniversary o...
The Future Takes The Past Tense
CSR Initiatives by Malabar Gold & Diamonds continues in full strength
Consulate General of India Mr. Vipul came as CHIEF GUEST at the blood donation c...
DWTC events drive AED 12.7bn in economic value for Dubai, fuelling record 3.3% c...
Marchon Eyewear Summer 2018 Collections
24 hour Mega Sale at Dalma Mall!
Al-Futtaim ACE celebrates Eid with exciting offers and activities
Skin Hydration is one of the primary challenges our skin faces in the UAE
Beauty on the Go
du Distributes Eid Gifts at Al Jalila Children's Hospital
Al Ghandi Auto brings the most Affordable Electric Vehicle - Chevrolet Bolt EV -...
New open-air member of the AMG GT family
Abu Dhabi Treats Eid Al Fitr Visitors to Shopping Bonanza with 90% Discounts Acr...
Hamdan Bin Mohammed Heritage Center distributes Eidia on first day of Eid
iVOOMi Smartphones Enter the UAE Market Exclusively on SOUQ.com
Hamilton Jazzmaster Maestro Auto Chrono
Rapid renewal of smartphone portfolio brings next generation Nokia 5 and Nokia ...
Purify Your Skin with Skin Republic
Captivate Your Senses with Marks & Spencer's Exclusive Oud Collection
A Sparkling Gift Guide for Eid al-Fitr by Mouawad
Dubai to Witness the First Ever Jewellery Season With Grand Discounts and Surprises
Crowe Horwath announces global rebrand to “Crowe” Sometimes a smart decision i...
The Rado True Phospho wins 2018 Good Design Award®
Great Moments Manero Flyback accompanies Swiss National Soccer Team To Russia
Filorga introduces two new additions to its UV-BRONZE range offering a comprehen...
Stylish men's watch - BU4018-11H - with rose gold case and black dial is a real ...
The Summer Just Got Sweeter with the New Palm Candy Collection from Max
Eid Al Fitr, the FIFA World Cup and much more at Danat Al Ain Resort
The Lacoste Moon Collection
Axalta and Mohamed Naser Al Sayer Toyota Service Body Shop Go Green in Kuwait
Zulekha Hospital surgeon saves patient from losing normal hand functions
Tissot Chrono XL Tour de France Special Edition Cycling just got big
Eight Tips to Avoid Overindulging this Eid
DHA Hospitals becomes first in the Emirate to use clip technology by angiography...
Dubai Summer Surprises Calendar of Events Revealed
Celebrate Eid Al-Fitr with Emaar Entertainment
Ibn Battuta Mall debuts three international kids' shows this Eid Al Fitr and DSS
Celebrate Eid Al Fitr at Dubai Festival City
GSK distributes 8,500 ecofriendly Iftar meal bags to people across the GCC
Masdar City's Etihad Eco-Residence Wins Emirates Green Building Council MENA Gre...
Sprint Superstar! Kristoff Rules the Roost, Securing Top Spot for Uae Team Emirates
MG Motor launches iLink for the Middle East market
Liali Jewellery gets the Capillary Technologies boost to enhance customer engagement