Media ININ Economy We Trust
Dubai 23-10-2019
The Dubai Land Department, represented by the real estate investment promotion and management sector, participated in the World Property and Investment Expo 2019, held in Mumbai, India, along with a group of local real estate developers.
His Excellency Sultan Butti bin Mujrin, Director General of the Department, said that India is one of the main partners of Dubai and the UAE in addition to the presence of a large Indian community in the country active in all sectors besides their contribution to local investment, stressing that such exhibitions help to highlight The unique features of Dubai in front of the influx of capital seeking the best havens and opportunities, pointing out that during the exhibition visitors were introduced to the attractive factors unique to Dubai compared to its counterparts in the region and the world in addition to highlighting the latest legislation and government initiatives.
For her part, Magda Ali Rashid, Executive Director of the Real Estate Investment Promotion and Management Sector, said that the participation in organizing the first edition of the International Real Estate and Investment Fair reflects the ever-growing relationship of developing key sectors in the two countries. Investment in Dubai to inject more than 280 billion dollars into the Dubai real estate market so far because of the lifestyle offers a high level of quality and a wonderful mix of modern facilities and services and traditional values and safe and happy in addition to the procedures Transparent, convenient, tax benefits and easy access to all over the world.
The event was attended by 60 exhibitors from 30 countries from around the world and around 5,000 visitors and was an ideal platform for all real estate groups including residential and commercial projects, luxury villas and apartments, while highlighting the sustainability characteristics.
The city of Mumbai was chosen to host the event as the richest Indian city with a total wealth of more than 820 billion dollars. It is home to more than 46 thousand and 28 billionaires and is considered the financial capital of the country.
