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 12316 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
Season's Greetings 2018
Twelve Holiday Gifts for the Beauty-Obsessed Woman
The Smile Bar Opens Its First Store in the UAE
Purely Pandora Classics With a Twist
Festive Gifting Guide
New 1948 Seamaster Watches Join the Ranks
Tryano Launches Elemis
Add a festive sparkle to your eyes with Palladio Beauty
The Geo-Graham Orrery Tourbillon presents a galaxy you can reach out and wear Ge...
Amp up your skincare routine with The Organic Pharmacy's new corrective serums
Parmigiani Fleurier, new Friends of the Brand – ice-hockey superstar, Evgeniy Ma...
Hour Choice presents Coach Park Collection
Chloé Eyewear's Feminine Appeal Seen Through the Lens of the New “Rosie” Style
Certina DS PH200M collection
Joyalukkas brings joy to hundreds around the world with gold bar giveaway this f...
Tissot T-Race Marc Marquez
LACOSTE presents its new Legacy collection
Coca-Cola Puts Extra Fizz Into Its Factory Thanks to Digitisation
Oh So Heavenly! Bath Sets from Glambeaute.com that make a great gift this festi...
Sawalef Perfumes is now available at Mirdif City Centre
Introducing Nokia 3.1 Plus to the UAE
Introducing the GUESS Holiday 2018 Collection
The Custodian of the Two Holy Mosques King Salman bin Abdulaziz honored Huawei w...
Souq.com's Biggest Ever White Friday Sale
Zoho launches its cloud accounting software in Bahrain
The new BMW 8 Series Convertible.
The Ultimate Festive Guide For Little Ones
Puma Launches RS-X Toys
Department of Culture and Tourism – Abu Dhabi Organises ‘Herfaty' Programme in A...
Jameel Arts Centre, Dubai opens with an ambitious set of exhibitions and program...
Jaguar F-Type Rally Cars Celebrate 70 Years of Sports Car Heritage
Superhero Color Runners Prove We Are All Unstoppable!
Alstom delivers first Dubai metro trainset on time
Special Olympics Will Create a Legacy of Inclusion Through Art
Puma Drops Cali in New Colorway
Celebrate a Month-long Festive Feast at Swissôtel Al Ghurair
Kors Dubai: Michael Kors Celebrates A New Middle East Flagship Store and Specia...
Mademoiselle Longchamp
Audi Innovation Award Winner Announced at Dubai Design Week
Sheikh Mohammed Bin Rashid Al Maktoum Global Aviation Award
Epson's Saudi roadshow highlights environment friendly Inkjet printers in line w...
MDC Business Management Services Wins ‘Best Shared Services Initiative in UAE' Award
Roda Hotels and Resorts named front-runner and pioneer of the regions hospitalit...
Celebrated singer and songwriter Atif Aslam set to perform at BOLLYWOOD PARKS™ Dubai
HE Abdulla Ali Bin Zayed Al-Falasi officially opens HR Summit & Expo 2018
Turkish Airlines reached 83.4% Load Factor in October
The Central Bank's Higher Sharia Authority Discussed the Sharia Governance for t...
The IKEA Soft Toy Drawing Competition Is Back to Bring a Child's Dream Toy to Life!
Groundwork begins at historical Mina Al Sultan Qaboos
‘Successful Food Factories of the Future will be Driven by data' – Opening of Ag...