India's Brahma Group looking at forming strategic alliances for Gulf market

December 11, 2013, Dubai, UAE: Brahma Group, an FDI funded asset management firm with focus on the Indian Real Estate sector is looking for strategic partners in UAE to market their projects and services within the Gulf region.

“Brahma is keen to explore and tap the UAE market with a special focus on Dubai. We see a lot of potential in UAE market so we are in process of expanding our footprint here. We are reaching out to our customers through our partners, thus looking at forming strategic alliances with key property marketing and brokerage firms along with increasing presence and visibility through road shows, participation in key property exhibitions across the Gulf region etc.”, said Ms. BhawnaDhawan, Deputy General Manager, Sales & Marketing, Brahma City Pvt. Ltd.

“We feel that we can offer some great properties to the Dubai based NRIs. So as to further our interest we are planning to showcase our products in the upcoming Indian Property Show in Dubai on the 19th, 20th and 21st December at Dubai World Trade Centre, wherein we will be offering some special deals and discount for on-spot bookings”, added Ms. Bhawna Dhawan, Deputy General Manager, Sales & Marketing, Brahma City Pvt. Ltd.

“NRIs look for premium residential developments because of superior quality, design and luxurious facilities. These smart homes not only provide luxury but also security with their automated designs. Our properties are at the best locations in Gurgaon and fall in the luxury segment in both residential and commercial real estate verticals. We are also offering a great scheme which we feel would be equally liked by both investors and end users. Hence, we're expecting good response from visitors at the show”, she further commented.

Speaking on weakened rupee situation and NRI investments she said, “Typically, Non-Resident Indians looking at investing in Indian property find periods of depreciation of the rupee a good time to invest as it provides higher capacity to acquire quality real estate. It is a good time to remit funds to India for investment. In a totally end-user driven market if someone is looking to own their property, this is the best time to do so and invest in India because of higher exchange rates and better ROI”.