International Real Estate Expo (IREX) 2016

Top Quote IREX will present investment opportunities in high end Residential, Commercial, Hotel & Leisure etc. Leading international companies involved in community and master development, high rise buildings, premium residential towers, office towers, hotel and leisure facilities, retail outlets will be exhibiting their latest projects. End Quote
  • (1888PressRelease) February 02, 2016 - New Delhi: 2nd edition of International Real Estate Expo (IREX) 2016 to be held in New Delhi.

    The second edition of International Real Estate Expo (IREX) will be held from 7th to 9th October, 2016 at Ashok Convention Hall, Ashok Hotel, New Delhi. IREX is an annual show that presents investment avenues for high net worth and wealthy individuals who intend to invest in international real estate and premium luxury properties. IREX presents a unique opportunity for international real estate and financial companies to tap the growing Indian market for international investments.

    IREX 2016 will have participation from over 85 leading international real estate developers and marketing companies and is expected to draw more than 5000 visitors due to an intensive and targeted marketing campaign. The show is timed with the annual festival season which is considered auspicious for new investments by Indians. Real Estate Investment opportunities in US, Canada, UK, Europe, UAE, Sri Lanka, Thailand, Indonesia, Hong Kong, Australia and New Zealand will be showcased at the show. The show will present a unique opportunity for luxury property developers to tap HNIs and elite clientele from all over India. Indian residents are increasingly looking for good realty investment opportunities abroad. Due to the downturn in the Indian real estate market, investors are exploring new avenues to invest. The stability of the Indian Rupee and relaxation of RBI rules that permit Indian residents to invest overseas have further created an investment climate favourable for international real estate. As per the recent wealth report of a reputed London based firm Knight Frank, India's high net worth individuals are heavily investing in real estate in other countries; and their numbers have grown 166% in the last 10 years. Almost 50% of all India's UHNWI & HNI have foreign real estate in their portfolios, which is highest in the world.

    Indians are investing in international properties for capital appreciation, end use or rental earnings. Several international banks offer loans to non-residents in UK, UAE, US at interest rates that are considerably lower than the rates prevailing in the Indian market that makes these deals more

    attractive. Through this show, the Indian investors will be able to identify real estate investment opportunities and gain knowledge to make informed investment decisions. According to Mr. Vimal Anand, Director of IREX, "IREX is the only show of its kind in India that is held in line with prestigious international realty exhibitions held around the world that promote premium real estate investment opportunities. It offers a perfect platform for premium Indian and international real estate companies to tap the growing market. About 5000 visitors are expected to visit this year's show. The participating companies will be able to create brand awareness, exhibit their latest project offerings and do on the spot bookings". Coinciding with the show, an Investment Forum is being organized which will dwell on various issues of real estate investment in India and abroad. Real Estate Experts will be presenting and analyzing potential investment options and prospects. Project presentations will also form part of this informative forum where investors can gain insight to take informed investment decisions.

    The first edition of IREX, held in December 2015 at Pragati Maidan, New Delhi, drew tremendous response from the visitors who could meet participating real estate developers and investment firms fr0m US, UK, UAE, Australia, Cyprus, Greece, Sri Lanka etc. International real estate companies like Damac Properties, Emaar Properties, Sotheby's International Realty, Trafalgar, R P Global, Herald, Aristo, Ray White etc. participated in the show. The show also had participation from Indian luxury developers like Mahindra Lifespaces, Tata Housing, DLF, Raheja Universal, Jaypee Greens, Vatika, Lavasa etc.

    Knight Frank India was the Knowledge Partner to IREX, 2015. Mr. Shishir Baijal, Chairman & Managing Director, Knight Frank India said, "Indian real estate buyers are looking for either a second home, or want a place to holiday in, or some buy because their children are studying abroad. Increasing globalization, comparable valuations overseas and investment considerations, are few factors that are driving them to buy such properties. IREX 2015 is the right platform which enable one to choose from the best options available abroad, as well as in India for the premium luxury segment. It feels great to be associated as the Knowledge Partner with a platform of this kind". Appreciating the whole endeavour of IREX 2015, Mr. Niall McLoughlin, Senior Vice President, DAMAC Properties said, "Indian's are the largest buyers of real estate in Dubai as they recognized the intrinsic value of luxury real estate in a progressive city, with international standard regulations, a tax-free environment and a booming tourism industry, all just three hours flight from New Delhi. IREX 2015 is a crucially important part of our marketing activities for the year where we will showcase a broad range of luxury living experiences".

    Glad to be part of IREX 2015, Mr. Ajay Midha MRICS, Director, Ray White (India) commented "Absolutely thrilled with the initiative, which to my opinion was a necessity to facilitate Indian investors to become more astute in considering investments in overseas real estate markets which are highly organized and as well as provide great returns on investments. A great platform and well timed and thought".
    In line to make the entire platform an experiential international real estate avenue for India, IREX 2015 showcased three top-notch designers labels like Gauri Khan Designs, Raseel Gujral Ansal's Casa Paradox and Meera and Muzaffar Ali's House of Kotwara. The trio showcased custom designed interior spaces at the first edition of IREX with a view to make both buyers and developers aware of the importance of stylish and designer inspired living spaces.

    Ms. Gauri Khan was the Chief Guest at the VIP Reception of IREX. While speaking about her interior design company's participation in IREX, Ms. Gauri Khan said, "The globe-trotting Indian today lives in a boundary free world, living and working in all the seven continents. Long tenures overseas, both for pleasure and work, makes holiday homes in exotic destination a way of life. I very warmly welcome the first edition of IREX, the one platform to discover high quality residences across the globe. Besides presenting a very venerable bouquet of addresses within India represented by the finest names from the real estate industry".

    IREX is supported by Royal Institution of Chartered Surveyors (RICS) and National Association of Realtors (NAR) that has 1.1 million members from all over India. IREX is organised by GMN Road Shows & Events which is part of GMN Media Pvt. Ltd, an international media company that represents several international media and exhibition brands in India and organises road shows and events.

    For more details, please contact:
    Mayank Chhatwal
    Associate Vice President
    GMN Road Shows & Events
    (Organisers of IREX)
    120 Sector 44, Gurgaon 122002
    Tel: 0124-4932020
    Mobile: 9818880538
    Email: mayank ( @ ) gmnindia dot com

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