{"id":30867,"date":"2016-10-20T23:03:19","date_gmt":"2016-10-20T16:03:19","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/?p=30867"},"modified":"2016-10-20T21:20:59","modified_gmt":"2016-10-20T14:20:59","slug":"dubai-developer-deyaar-takes-to-the-road-in-india","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/dubai-developer-deyaar-takes-to-the-road-in-india\/","title":{"rendered":"Dubai developer Deyaar takes to the road in India"},"content":{"rendered":"


\nDeyaar has become the latest Dubai developer to target India as a subdued domestic market and a falling pound prompt property companies to look elsewhere for sales.This weekend the Dubai-listed Deyaar will showcase hundreds of apartments it is developing in the emirate at its latest Indian roadshow.”India is a key investor market for Deyaar, and we are proud to bring our developments to New Delhi, which is considered the country’s business hub,” said Nasser Amer, Deyaar’s sales vice president.The roadshow, which follows a similar event in Mumbai in May, is just the latest in a spate of shows and exhibitions being held in India’s biggest towns and cities by UAE-based \u00addevelopers. Big-name Dubai developers such as Nakheel, Damac and Jumeirah Golf Estates have all recently upped their profiles in India through a series of marketing pushes and exhibitions.According to the Dubai Land Department, Indian investors spent Dh7 billion on Dubai property during the first half of this year – by far the largest amount for any overseas \u00adinvestors.That compares with Dh7.8bn spent by Indian investors on Dubai property a year ago, DLD figures show.British investors who traditionally make up Dubai’s second-largest overseas investment group spent about Dh4bn on property in Dubai in the first six months this year, down from Dh4.7bn a year ago.At the same time the Dubai market has seen house prices hit by a supply glut. According to JLL, 5,400 homes were completed in the three months to the end of last month – the highest quarterly completion since the end of 2012.”Indians have always bought property in Dubai. They are very familiar with it and Dubai is only a short flight away,” said Ian Albert, the regional director for the Middle East and North Africa at Colliers International. “But with the market still slow in Dubai, we’re seeing that developers are feeling the need to go out and stimulate as much demand as they can. “With the pound falling to its lowest levels against the dollar for thirty years, demand from the UK is likely to fall, but recently the Indian economy has been performing relatively well, so there is still potentially room for a growth in sales there.”lbarnard@thenational.aeFollow The National’s Business section on Twitter
\n
\nSource : thenational.ae
\nRead more…Dubai developer Deyaar takes to the road in India<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Deyaar has become the latest Dubai developer to target India as a subdued domestic market...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-30867","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-81R","jetpack-related-posts":[{"id":24549,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/dubai-developer-deyaar-starts-work-on-408-unit-hotel-and-apartment-block\/","url_meta":{"origin":30867,"position":0},"title":"Dubai developer Deyaar starts work on 408-unit hotel and apartment block","date":"August 31, 2016","format":false,"excerpt":"\r Deyaar Development has started construction work on its 408-unit hotel and serviced apartment block close to the Mall of the Emirates.Dubai developer Deyaar said that the 70,800-square-foot block is expected to be completed by December 2017.The hotel will comprise 299 hotel rooms and 109 serviced apartments.Deyaar is already developing\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":20308,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/dubai-developer-deyaar-posts-lower-second-quarter-profit\/","url_meta":{"origin":30867,"position":1},"title":"Dubai developer Deyaar posts lower second-quarter profit","date":"July 20, 2016","format":false,"excerpt":"\r Dubai's Deyaar Development reported a 30.1 per cent fall in second-quarter net profit on Wednesday, according to Reuters calculations.The company made a profit of Dh60 million in the three months to June 30, Reuters calculated from financial statements in the absence of a quarterly breakdown.This compares with a profit\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":41903,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/dubai-developer-deyaar-announces-52-q4-net-profit-fall\/","url_meta":{"origin":30867,"position":2},"title":"Dubai developer Deyaar announces 52% Q4 net profit fall","date":"January 25, 2017","format":false,"excerpt":"\r Company said full-year revenue increased because of progress on its The Atria and Mont Rose projects\r \r Source : arabianbusiness.com\r Read more...Dubai developer Deyaar announces 52% Q4 net profit fall","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":37000,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/dubai-developer-deyaar-looks-to-pull-in-buyers-with-offer-of-guaranteed-returns\/","url_meta":{"origin":30867,"position":3},"title":"Dubai developer Deyaar looks to pull in buyers with offer of guaranteed returns","date":"December 5, 2016","format":false,"excerpt":"\r Dubai-based developer Deyaar has guaranteed annual returns of 7 per cent over two years to investors on one of its Dubai projects. It made the pledge on its serviced apartments in The Atria - a 30-storey tower in Business Bay - which will be managed by Millennium & Copthorne\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":41454,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/deyaar-set-to-develop-mixed-used-project-in-dubai-south\/","url_meta":{"origin":30867,"position":4},"title":"Deyaar set to develop mixed-used project in Dubai South","date":"January 22, 2017","format":false,"excerpt":"\r Developer Deyaar has signed an agreement on a new, 1.27 million square feet project within the district's residential zone.A memorandum of understanding has been signed between the organisations to set up a 50:50 joint venture with a view to bringing forward the new mixed-use project, which will contain residential,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":41468,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/deyaar-set-to-develop-mixed-use-project-in-dubai-south\/","url_meta":{"origin":30867,"position":5},"title":"Deyaar set to develop mixed-use project in Dubai South","date":"January 22, 2017","format":false,"excerpt":"\r Developer Deyaar has signed an agreement with Dubai South on a new 1.27 million square feet project within the district's residential zone.A memorandum of understanding has been signed between the organisations to set up a 50:50 joint venture with a view to bringing forward the new mixed-use project, which\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/30867"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=30867"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/30867\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=30867"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=30867"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=30867"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}