FDCC, Ishwar Parmar Group, Nyati group, Achalare Rachana, Pyramid ventures are among the developers showcasing their projects under CREDAI (Confederation of Real Estate Developer's Associations of India) Maharashtra pavilion at the exhibition, an official statement said.
A total of 17 district level associations spread across the state are members of CREDAI Maharashtra with over 1,400 individual member developers encompassing over 75 per cent of the organised private development in the state.
"Weakened rupee has given a big boost to NRI buyers and they should seize this opportunity as experts predict rupee to still remain weak in next six months.
All Gulf NRIs will have to return to India one day, hence investment into properties makes perfect sense due to its minimum volatility and stable appreciations," Sunil Jaiswal, CEO Sumansa Exhibitions, organisers of Indian Property Show, said.
According to Jaiswal, real estate scenario in Tier II and Tier III cities in India looks promising, with soaring prices in metros, these cities provides cost effective alternatives and have emerged as excellent investment option.