Everybody knows everything about Abu Dhabi-based estate developer- the Al Badie Group (ABG) and it is once said it was interested to enter into a joint venture partnership with local developers to foray into the Indian realty space.
Yes, India is really a progressive market and this Dubai group very well know how to make the most of the same. Mr. khaledAl Badie – the director and vice president of Al Badie group has said that India is an important market for them and they are looking at the market very closely in order to offer the best product and services to the people and organizations of India and to get maximum ROI from the same. He also exclaimed that they will prefer to go for a joint venture partnership with a local player, but they should have complete expertise to enter into the market.
Mr. Khaled Al Badie Dubai also said that it is already in talks with UAE-based banks so that they can make all the Indian operations possible as well as they can help to find out the prospective partners to enter the Indian realty market. The project Mr. Khaled is expecting is to have can be worth $50 billion by 2010 and it will increase more and more after 2017. Their main plan is to open various residential and commercial projects along with the hotels in India. Additionally, he has said that he is looking for the perfect location so that everything is finalised to start up the project.
It can be very beneficial project for both India and Dubai and the best time will come soon where both the countries will make up something the best in order to develop the nation and take it to the next level. Mr. Khaled has more plans to be invested in India and these deals will surely make wonder for both.
