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MagicBricks property show in Kuwait nets Rs 70 crore in business

Real estate portal MagicBricks.com has said its property fair organised on 20th and 21st June 2008 in Kuwait witnessed the participation of over 1,000 property seekers who conducted business of over Rs 70 crore.

The India Property Show 2008 was targeted at NRIs (non-resident Indians) and PIOs (persons of Indian origin) who might be planning to return to their homeland or invest in real estate in India.

Real estate portal MagicBricks.com has said its property fair organised on 20th and 21st June 2008 in Kuwait witnessed the participation of over 1,000 property seekers who conducted business of over Rs 70 crore.

The India Property Show 2008 was targeted at NRIs (non-resident Indians) and PIOs (persons of Indian origin) who might be planning to return to their homeland or invest in real estate in India.

According to MagicBricks, more than 500 projects were showcased by 12 developers, builders and real estate agents who participated at the Kuwait property fair. Financial companies like HDFC Home loans and DHFL Housing were also present at the fair to provide finance options to the property seekers.

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