India Gets Limelight in Global Real Estate Meet

February 5, 2008	(1 votes, average: 1 out of 5)  Loading ...
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Following the resounding success of the inaugural Cityscape India event, Cityscape - the world’s largest business-to-business real estate brand is all set to come back to Mumbai this year.

The event got a tremendous response, more than 5,000 participants from 38 different countries marked their presence. Over 80 exhibitors showcased their projects and expertise at the inaugural Cityscape India 2007 which took place at the Bombay Exhibition Centre in November. Top Indian and international property developers and investors will descend on the same venue for the 2008 event which will take place from 8 - 10 December.

India’s Real Estate Market is forecast to be worth $50 billion by 2010 and the inaugural Cityscape India attracted thousands of participants representing a “Who’s Who” of the Indian property sector, to the delight of exhibitors.

With an annual population growth of 1.4% and economic growth of around 9% a year, demand for both urban residential and commercial space in India is expected to reach 700 million square feet within three years.

Indeed, it was the size of India’s market potential that drew an ‘A’ list of industry professionals to the Cityscape India conference. Donald Trump Jnr delivered the keynote speech and stressed that the key challenge for Indian property developers is to ensure they continue to meet the expectations of high net-worth global investors.

Contributions were also made by top industry figures from key organisations including, Raheja Universal, Unitech Group, Shipra Estate and Walton Street Capital.

News Published Under:   Real Estate India |

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