Log In

 
Company : Square Yards 
Monday, October 24, 2016 5:15PM IST (11:45AM GMT)
 
Dubai-based Developer Deyaar's Foray into the National Capital Received Significant Success
New Delhi, Delhi, India

Dubai’s iconic real estate developer, Deyaar has successfully conducted its two-day event on 22nd & 23rd October at the Claridges Hotel, located on 12 Dr. APJ Kalam Road, New Delhi. The event that showcased exclusive real estate deals from Dubai, received great response from the investors based out of the national capital.

"India is a key investor market for Deyaar, with Indian investment in Dubai’s real estate growing exponentially in the recent times. We are proud to bring our developments to New Delhi, which is considered the country’s business hub," said Nasser Amer, Deyaar’s sales vice president.

The event was conducted in partnership with Indian real estate transaction platform, Square Yards. This is the second time, Deyaar has partnered with Square Yards to bring its properties in the Indian market. Earlier in the month of May, the duo had a major success in Mumbai, wherein a large number of Dubai-based properties were sold.

The event witnessed exclusive projects, located in the heart of Dubai namely Mid Town, Ruby Residence & Mont Rose. These state of the art projects are equipped with world class amenities & facilities & hence resonated very well with the HNI real estate investor & buyer fraternity of the Indian capital.

The success of such events could also be explained due to the rise in interest among the Indian HNIs in international real estate. Increasingly, Indian investors are scouting for profitable international real estate deals.

Better Returns in International Project

In fact, some industry insiders believe that if carefully chosen, international projects can ensure better investment returns compared to domestic deals, as they are generally associated with higher capital appreciation & rental yields.

Similarly, investments are always not very high in international projects. In the recent projects by Deyaar, the property prices start at 86 lacs with a booking amount of just INR 54,000. This makes the ticket size equivalent to a typical domestic investment & hence within the reach of many buyers.

In the times to come, there could be further surge in Indian investments in international real estate, with cities like Dubai being the major beneficiaries due to their geographical & cultural proximity.
 
About Square Yards

Square Yards is a technology-enabled transaction and aggregation platform for the Global real estate. Founded in 2013 and growing at a scorching pace, Square Yards is already the #1 pan-India distributor by revenues for the primary residential real estate in India, and it enjoys a virtual monopoly in the NRI markets. In the last 2 years, Square Yards has been able to generate exceptional growth rates in all key metrics, and it currently has an annual revenue run rate of $25 mn while being EBIDTA positive – the only company in online real estate space to do so.

 
For News Release background on Square Yards click here
 
Media Contact Details
Priyanka Sharma, Square Yards, +91-9899653162, priyanka.sharma@squareyards.in
 
 
Submit your press release
More News from Square Yards

13/02/2019 5:53PM Image

Square Yards Will Let People Harness Spirit of Love the Special Way This Valentine’s Day

Along with the freshness, this spring is also bringing the newest property launches of 2019 by way of ‘Love By Square Feet’ carnival that is being organized by the biggest marketplace for new homes, Square Yards.

29/10/2018 12:45PM

Square Yards Aims to Clock Rs 1,000 Cr Property Sales This Festive Season

Square Yards, India’s largest Real Estate marketplace for new homes, announced that it aims to sell property worth Rs 1,000 crore this festive season during its ‘ApneGharDiwali’ event that will simultaneously run in 17 ...

13/09/2018 1:31PM Image

Square Yards’ Azadi Tour Highlights Industry Revival With 950 Real Estate Transactions and INR 600cr of Inventory Sold in August 2018

Square Yards, India’s largest proptech player, concluded its mega realty event ‘Azadi tour’ in the month of August 2018 with a whopping 950 transactions resulting in ~INR 600cr worth of property sold in just under a ...

Similar News

20/02/2019 7:50PM

IDEMIA Changes Its Management Structure to Consolidate Its Augmented Identity Global Leadership and Appoints Pierre Barrial CEO of Its New Secure Enterprise Transactions Division

IDEMIA today announced the appointment of Pierre Barrial as CEO of the newly created Secure Enterprise Transactions (SET) division.   IDEMIA Group CEO Yann Delabrière today announced that all existing Group ...

No Image

20/02/2019 7:25PM

Tier-one Service Provider in Asia Selects for Trial Radisys’ Software-Defined Passive Optical Network (SD-PON) Framework

Radisys® Corporation, a global leader of open telecom solutions, today announced that a tier-one service provider in Asia has selected Radisys to trial software-defined, disaggregated broadband access for its ...