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Indiabulls Real Estate opens first overseas office in UAE

23 Nov 2012 Evaluate

Indiabulls Real Estate has opened its first overseas office in the UAE, which will cater to the rising interest and demands of the UAE-based NRIs in the company’s projects across India. Through this initiative, the company aims to expand its regional reach.

The company gets around 25-30% of its overall business from NRIs as Gulf NRIs have always been more inclined towards investing in realty market back home. The entity also plans to open offices in other GCC countries such as Saudi Arabia, Qatar and Bahrain.

Peers
Company Name CMP
Lodha Developers 1104.00
Prestige EstatesProj 1433.80
Dilip Buildcon 407.60
DLF 641.25
Oberoi Realty 1731.95
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