Expats make the most of ‘Homes From India’ fair

Organized by the Housing Development Finance Corp. (HDFC) in coordination with the Alkhobar-based Rezayat Group at the Carlton Hotel on Thursday and Friday, the event provided Indian home-seekers the opportunity to have one-on-one interaction with a large pool of well-known developers.
“Every single Indian expatriate in the Kingdom wants to buy a home in India. He plans to make a decision during his month-long annual vacation. However, by the time he select the right property, his vacation time is over forcing him to put off the decision till the next vacation time,” explained Rezayat Group General Manager A. Jagannathan, who was instrumental in organizing the show.
“To make things easier for expatriates we bring the leading developers right to their doorstep,” said Vivek Dharni, the Dubai-based regional head of HDFC.
“At the fair, everything was available under one roof. You had all the information on these 20 developers’ established and upcoming projects … yes, the projects that have been approved and vetted by the HDFC,” said Ajay Varma, the finance corporation’s head in Saudi Arabia. “Under the same roof we provided full assistance on our home loan advisory services,” he said. “The idea is to make things hassle-free for the expatriates. Our endeavor is to make the entire process of owning a home easy, simple and affordable. We don’t want them to wait for their annual vacations to make their dream home come true.”
Varma said the developers will now head to Riyadh for another two-day show beginning on June 14 at Riyadh Palace Hotel. “Expatriates have the option of choosing from more than 100 projects located in cities and states such as Bengaluru, Delhi, Mumbai, Hyderabad, Chennai, Kerala and Pune,” he added.
The real estate developers seemed more than happy with the response. “HDFC has done an excellent groundwork in Saudi Arabia and this was the right time for us to attract potential home buyers from the Kingdom,” said Ketan Vora of Mumbai’s K. Raheja Corp.
Anuj Malik of Unitech Real Estate agreed and felt any event organized by the HDFC is bound to succeed. “It is the trust factor that pulls in Indians toward the HDFC-approved projects. It, therefore, provides us with an ideal platform to make our project pitches,” he said.