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Jaaydaad institutes the Real India festival


The Indian economy is on a robust growth trajectory and boasts of a stable 8 plus annual growth rate, rising foreign exchange reserves and a booming capital market amongst others

Finance Minister P Chidambaram addressing the seminar in New York marking the India@60 Promotional Event in September this year, said that stronger growth was ahead for India because investment had surged ahead of consumption, showing a stronger foundation for the future. He further elaborated that "India's investment-to-GDP ratio has touched 35.3% while saving is at 33.8%. All these measures are going to help the Indian growth story" he said.

The FM’s remarks are an indicator of the high growth rate of the Indian economy, and this growth is reflected in the booming real estate sector – that has surged ahead like never before. The growth has not only been in terms of numbers but more so in quality – as today commercial and residential constructions are meeting international standards and competing with the best in the global market..

It is not surprising that international developers are looking towards India to forge joint-ventures for real estate development on one hand and on the other hand, more and more NRIs are finding India a viable destination for real estate investment

Indeed, India today is being seen by investors of the real estate as a…dream destination.

REAL INDIA

This unprecedented growth of the realty sector needs to be highlighted and recognized by all and in order to provide, just such a platform, Jaaydaad brand is instituting Real India – a conglomeration of exhibitions, seminars, workshops and awards for the real estate and its allied sectors. REAL INDIA is organizing Expo, The Knowledge Forum, Investa Fest and Varaha Awards – a four-pronged festival – which will be spread over two days, to be held in early 2008.

This festival will see the Who’s Who of the real estate fraternity come together to debate, discuss, interact and last but not least recognize and salute the First among equals. The Varaha Awards will be the culminating glory of this 2-day festival.

(For more details read the December issue of Jaaydaad.com. Call +91-11-25880331,25880328 or email info@jaaydaad.com for your copy)