Magicbricks.com Presents Indias Property Fair in Dubai

By: Propertiesmls

India's expatriate diaspora population that is estimated at over 12 million in the Middle East, to address their growing demand to re-settle in their homeland, MagicBricks.com, India's No.1 Property Portal is organizing the MagicBricks.com India's Property Fair in Dubai on March 9th and 10th, 2007 at the Jumeirah Ball Room, Hotel Crown Plaza.

Participant delegates will get a highly flexible and dynamic platform to generate sales leads and showcase their new projects through this mega India- specific event. MagicBricks.com India's Property Fair in Dubai is just the right opportunity to attract Indians and India friendly investors, be it for building long term branding or maintaining customer relations. The current real estate market in India is worth $16 billion and estimated to reach $60 billion by 2010, no wonder heavyweight investors from across the world are making a beeline to India.

'Some of our brightest students have gone abroad and done well in the advanced fields of research. Many of them have been returning home for varying periods of time as visiting faculty at the institutions in India. Many are taking up work assignments in private sector research institutions and companies. This reverse brain drain must be encouraged,' the Prime Minister said in October 06.

Engineers, technology workers, retail professionals, domain specific consultants are coming back to India with competitive international salary benchmarks which were unheard of even few years ago.

Along with telecom, logistics, software technology reverse brain drain is fast picking up in organized retailing also. Indian professionals working in Middle East markets like Dubai and Sharjah are in high demand by the booming Indian economy. Reverse Brain Drain has been increasing at an accelerated pace in the last three years since the GDP growth rate of the country went above 7.5 %. The very same people who went to abroad are planning a grand return back home.

Returnees say that with the proliferation of western amenities, from air conditioning to consumer electronics to shopping malls, they have found that the lifestyle they are used to abroad is now available in India.

'From a professional point of view, I felt until recently that I had more challenging prospects overseas,' said P.P. Singh ''But that's no longer the case. Just in the last couple of years, three or four of my close friends made the move from UAE to India. India feels in many ways like what Dubai felt - boom time.'

For some Indians, the reasons for the exodus are personal. Returning expatriates may have aging parents, or they may want their children raised in the Indian culture. With the explosive growth of India's economy, cities such as Delhi, Bangalore, Mumbai or Hyderabad increasingly are seen as new magnets for ambitious professionals- offering an intoxicating mix of hefty raises, multiple job postings, and rapid career advancement.

There will be an abundance of properties to choose from, brought by the best and most illustrious Developers, Builders, and Brokers at the MagicBricks.com India's Property Fair. Some of the Big Names participating include Confident Group, Omaxe, Unitech, Yaksh International, Ekta supreme, Disha Direct, RSK paradising developers, Saraf Developers, Wadhwa developers, Ravi Raj, Om Sai Builders, MR enterprises, Akshar developers, Amit Enterprises, Omega, Grip Estate, Naik Naware, Multicon developers, Classic Enterprises, DS Kulkarni developers, Dua Associates, Space International, Bhandari Properties, JJSR, Chattels, Wadhwani constructions, Kunal Group and Daya Realty.

MagicBricks.com is set to provide property-seekers in Dubai with the amazing experience of a Landmark Real-Estate Property Fair with this event.

Don't miss this Amazing Opportunity to reach out to India's expatriate diaspora population that is estimated at over 12 million in the Middle East.

For more information on Real Estate Agents, MLS visit

Source:

Dubai Properties
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