Property investment shows get India buzzing

Greenhomes project sri sai ram indiaLeading homes developers from a growing region of India have shown off a variety of new development projects at a Bangalore property show.

Organisers Makaan.com have revealed the event attracted more than 3,600 visitors after summing up the property investment gathering at the NIMHANS convention centre in the city.

Makaan is now also evaluating another show in Kochi which finished on Sunday, and is planning several similar exhibitions throughout the year.

The firm said last week’s Bangalore show “exceeded all expectations” with 23 regional developers showing off homes from the super-luxury to the budget.

Bangalore is one of the country’s developing property investment hot spots and is one of India’s top 10 cities in terms of economic progress.

Aditya Verma, business head of Makaan.com said: “Shows like these not only allow property seekers to explore various options for their dream homes, but also provides them with a platform where they can directly interact and negotiate with leading developers from the city.”

Homes on show at Bangalore included budget flats, apartments and villas for sale, as part of what will be a total of 10 similar property investment events hosted by Makaan.com.

Attendance for the Kochi show has not yet been released but thousands were expected to view homes available in the city, which is in the Kerala region.

Bangalore’s homes boom includes several high-profile apartment schemes sold off plan by Sri Sai Ram Projects and a township scheme by VVR Housing.

Makaan is looking to capitalise on a property investment market which has recently been more focused on large-scale affordable homes projects.

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