Hiranandani Reaches out to Indian Diaspora in GCC Countries

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By Accommodation Times Bureau


Telling afresh the growth story of Indian real estate, while not just communicating the message of the new regulatory regime post implementation of the Real Estate (Regulation and Development) Act, 2016 but also bringing home the advantage of fall in value of rupee vis-à-vis the US Dollar as also the United Arab Emirate Dirham (AED), among other currencies, Dr. Niranjan Hiranandani, National President, National Real Estate Development Council (NAREDCO), which works under the aegis of Ministry of Housing and Urban Affairs, Government of India, reached out to the Indian diaspora in the Gulf Cooperation Council (GCC) Countries.

On September 29, Dr. Niranjan Hiranandani, who is also co-founder and MD, Hiranandani Group, addressed a media meet in Dubai, United Arab Emirates (UAE), where he re-told the story of India as a nation where infrastructure growth is on the Indian Government’s priority list; where post RERA and GST, buying a home is a safer and more secure experience and for the Non Resident Indian (NRI), the global currency fluctuation made buying ‘a home, back home’ an, even more, sweeter deal. “Investment by NRIs in Indian property has doubled, from $5 billion in 2014 to $10.2 billion in 2018,” he pointed out.

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