SPF Realty will showcase three of Jumeirah Golf Estates’ key properties in Delhi on the February 27, 2016

Jumeirah Golf Estates, a Dubai based real estate developer, has come together with another Dubai based brokerage firm SPF Realty for a marketing campaign in the Indian market. SPF Realty will showcase three of Jumeirah Golf Estates’ key properties in Delhi on the February 27, 2016. Jumeirah Golf Estates forayed into the Indian market during the Dubai Property Show held in Mumbai last November.

“We are excited to meet discerning buyers from Delhi, who are very well aware of the benefits that owning property in Dubai offers, not only in terms of returns on investment, but also in terms of quality of life,” said Yousuf Kazim, chief executive officer, Jumeirah Golf Estates. Indians have emerged as the largest group of investors in the Dubai property market, with an investment of over Rs 30,000 crore during 2015 itself. Close proximity to India and rationalising property prices have been the major catalysts for rapid investment in Dubai.

The Jumeirah Golf Estates Roadshow will showcase projects such as Redwood Avenue, comprising 47 individually designed five and six-bedroom villas, Redwood Park comprising 75 three to four-bedroom townhouses and Alandalus comprising 674 affordable luxury apartments and 54 townhouses in Jumeirah Golf Estates.

Ranjeet Chavan, chief executive officer, SPF Realty, said, “We believe that this one-of-a-kind community is not only desirable for people who live in Dubai, but also represents a top choice for investors across the world.”

The Reserve Bank of India had recently made buying property abroad a lot easier by doubling the foreign exchange remittance limit to Rs $250,000 per individual per year without seeking its permission, from $125,000 earlier, under its liberalised remittance scheme.