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International Real Estate Summit begins in Mumbai

Wednesday, 5 September 2007


The fourth International Real Estate Summit hosted by the Federation of Indian Chambers of Commerce and Industry is coming up this month in Mumbai at the Hotel Hilton Towers.
Scheduled for the 27th and 28th of September, 2007, the summit will bring together investors from overseas and all the elements of the Indian real estate market. The event will provide an opportunity to exchange ideas and forge new relationships.
The event will deliberate on Indian realty from a global perspective and assess the current trends in the Indian real estate market. The role of foreign direct investment in Indian real estate will come up for discussion during the event and international investors would be invited for their views.
IRES 2007 will engage in debate on policies related to supply and transparency in the industry and review the twists and turns of the real estate market. Builders as a collective body are likely to put their heads together to meet the current challenges.
Emerging verticals in the real estate market, like commercial and office spaces, IT Parks, SEZs and retail will be the focus of the International Real Estate Summit, with participants from the developer community, representatives from the Central and State Government, banks and financial institutions, legal experts, retailers, town planners and architects and construction material suppliers.
The Summit will provide an opportunity to companies linked to the real estate sector to display their products and services to the builders and developers during an exhibition. Participation from the NRI community and foreign nationals is also welcome at a fee of USD 600.
India's real estate market is one of the fastest growing in the world. The country’s GDP has grown by 9 per cent a year over the past three years, second only to China.
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