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PropertyGuru Launches Inaugural India Property Show at Marina Bay Sands

SINGAPORE, 9 April 2013 – PropertyGuru Group, Asia’s market leader for online property search, is pleased to announce its very first India-focused real estate exhibition in partnership with PropTiger.com on 13-14th April 2013.

PropertyGuru’s India Property Show will bring together 17 of India’s premier real estate developers showcasing the finest collection of luxury developments across several property investment hot-spots in India including Delhi, Bangalore, Chennai, Mumbai and Gurgaon.

The Event taps into the growing market of non-residents and overseas Indian citizens living and working in Singapore who are setting their sights on acquiring properties as a long-term investment or residence for their families back home.

This is further supported by the fact that India properties are seen to show a lot of promise in terms of high capital appreciation of up to 15% per annum, especially for property developments in designated growth corridors marked for expansion such as Navi Mumbai, Delhi-NCR, localities such as Hebbal and KR Puram in Bangalore as well as the Pallikarnai and Medavakkam districts in Chennai.

Visitors to the exhibition will also be able to participate in a range of informative and educational seminars by industry experts who will shine the spotlight on the value of investing in India properties, which include:

- “Gujarat-Hottest investment destination in India”
    Mr Harsh Vijay Amarnath, Manager, Marketing & Sales, Ahmedabad Region, Godrej Properties
 
- “Investing in Chennai’s suburb”
    Mr C.Ghunasekran, Manager – Sales, Mahindra Lifespaces

- “Gurgaon or Noida: who is shining?”
    Mr Karan Sahoo, Assistant Vice President –Corporate Communication & Marketing, ATS
    Infrastructure Ltd.

- “Commercial properties in NCR: trends & projections”
    Mr Bharat Bhushan Bhatia, General Manager, Supertech Limited

The event is part of a series of regional property shows organised by PropertyGuru structured to open up new opportunities in overseas properties. Through actual on-ground interaction and networking with key developers, prospective overseas investors looking to enter the India real estate market will have the privilege of gaining first-hand information on the current trends on why India is an attractive location for property investments.

Steve Melhuish, Co-Founder and Chief Executive Officer of PropertyGuru Group says: “The residential real estate market in India has seen healthy growth in recent years with the Indian economy picking up the pace. As a result, India properties are increasingly sought after by prevailing demand by Indian nationals and Non-Resident Indians both domestically and abroad. The PropertyGuru India Property Show aims to leverage on this growing popularity by connecting investors and developers together to create a window of opportunity for further overseas property investments in the region.”

Visitors can stand to win an iPad Mini by registering at propertyguru.com.sg/shows.

Event details:
PropertyGuru Philippines Property Show
Marina Bay Sands Convention Centre
Saturday 13 & Sunday 14 April 2013, 11am to 7pm
Level 4, Melati

ENDS

About PropertyGuru Group
PropertyGuru Group is Asia’s leading online property portal group used by almost 11 million property buyers, viewing over 89 million property pages and generating over 350,000 enquiries for real estate developer and agent advertisers – every month.

Headquartered in Singapore, PropertyGuru was founded in 2006 by 2 entrepreneurs with a vision to simplify the property search process and help buyers, sellers and investors make better property decisions faster. Taking advantage of Asia’s growing affluence, property demand and online explosion, it received its first VC investment funding in 2008 and most recently secured approximately $60m investment in 2012 from Deutsche Telekom, South East Asia’s largest digital investment to date. Since its launch, PropertyGuru has reported rapid growth and most recently announced a record 96% increase in revenue, 60% increase in internet users and 50% increase in paying agent advertisers to 24,000 – in 2012.

The award winning company focuses heavily on innovation. Over the last 18 months, the Company has developed and launched 13 mobile applications in 4 countries and 3 languages which have received over half a million downloads – almost 50 per cent of its users in Singapore now originate from a mobile device. PropertyGuru was also the first to integrate website with social media, first to launch Singapore’s only dedicated property newspaper with over 100,000 copies circulated island-wide every month and developing a property events platform with approximately 30 shows held annually across 4 countries addressing 30,000 potential property buyers on the ground.

For more queries or to arrange for an interview, contact:
Katrina Karim
Mobile (+65) 9844 6618
Email katrina@thepublicrelationscompany.com

Adam Rahman
Tel (+65) 6238 5971
Email adam@propertyguru.com.sg

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