Billed as the leading event of the Gulf Region, the First Annual Gulf Real Estate Fundamentals Conference 2008 (GRE), leading investors and developers from various countries around the world got together at Bahrain to discuss the specialised needs of the real estate marketplace in the GCC.

 Mr Sukhraj Nahar, Chairman of Nahar Group was among the special invitees at this GRE Conference.

Ms Manju Yagnik, Vice-Chairperson, Nahar Group was especially invited to be the lead speaker on “Real Estate Opportunities In Emerging India”. Addressing the delegates, she spoke about the extensive investment prospects in the Indian real estate segment for investors and developers from GCC. India’s investor friendly policies, political stability, recognised legal system, vibrant financial and banking sector coupled with its skilled manpower are ideal for investment, she added. 

“Indian real estate,” said Ms Yagnik, “is a vast canvas with many hues and colours. It offers an array of multi-faceted opportunities where infrastructure and redevelopment in Metro cities are going hand in hand, and in other cities the process of rebuilding and opening of newer avenues for construction is on the fast track.”

She further said that the leading Indian real estate companies have long been associated with housing and other infrastructure projects in the Gulf countries, establishing their credentials as quality developers. Cutting edge construction technologies, latest design and architecture concepts, global life styles, world-class commercial and retail spaces and the best project landscaping are all adopted by the Indian developers wherever they are engaged.  .

Replying to a question at the concluding session of round-table question hour, Ms. Manju Yagnik said that despite the negative sentiments and economic challenging times worldwide, she was of the opinion that investments made in Indian real estate would continue to offer opportunity for good potential returns.

Popularity: 14% [?]