News Point: Two-day roadshow will cover Delhi, Mumbai, Bangalore, Cochin, and Ahmedabad to offer special payment plans with 50% on completion.
Sobha Group plans a five-city roadshow in India to showcase Sobha Hartland, an eight million sq. ft. project in Dubai. The roadshow will cover Delhi, Mumbai, Bangalore, Cochin, and Ahmedabad on May 14-15, 2016 and is meant to attract more investors from these destinations.
The key objective of the roadshow is to initiate a direct dialogue with probable customers, highlighting the luxurious lifestyle on offer at Sobha Hartland.Â The event is expected to attract 50 – 60 people in each city.
PNC Menon, Founder and Chairman, Sobha Group, said, âAccording to UAE property portal Bayut.com, Indians made up 66.86% of the total search hits on the website for buying property in Dubai in May 2015. Moreover, with the increasing property prices in India, UAE is fast becoming a location ofÂ choices for Indian investors. Today, a mere 96 square meters of land can be bought in Mumbai by investing $1 million vis-Ă -vis a 145 square meters of property in Dubai.â
âOur endavour is to reach out to the population aspiring to own a property in Dubai. Thatâs where these cities come into the pictures. Over the years, these cities have emerged at the forefront of maximum investment in property,â Menon said.
During the roadshow, Sobha will offer attractive pricing, starting from INR 2.3 crore and attractive payment plans with 50% on completion. Sobha will also invest INR 27.2 crore in promotional activities, including television and radio.
Sobha Hartland will comprise of ultra-contemporary L-shaped villas with an option of 12 floor-plans, semi-detached villas, townhouses, plots and modern high-rise apartments with a huge emphasis placed on space.
âDubai is one of the worldâs fastest growing cities and also the best performing real estate market. Sobha Hartland, which is located in the heart of Dubai, will have all of the amenities a community needs in one location with all the freehold properties. It is the ideal neighbourhood for Indians who are looking for a destination that gives you family living in an abundance of greenery and space,ââ Menon added.
At Sobha Hartland, residents will have access to two international schools, one currently in operation, nurseries, malls, cafes, tennis courts, yoga centre, swimming pool, clubhouses and spaâs, mosques and healthcare facilities.