12/8/2009

Showcasing development portfolio for extended exposure in the growing Indian real estate market
December 08, 2009 : Rakeen, one of the region's most dynamic property developers and master planners, has announced its participation in the upcoming Cityscape India 2009 exhibition to be held from 09 to 11 December 2009 at Bombay Exhibition Centre in Mumbai. Rakeen will be sharing a 90 square metre stand in a strategically favorable location along the main visitor flow, teaming up with its Indian partner RakIndo.
Ghassan Youssef, Managing Director, Rakeen, stated: “We have great belief and trust in the Cityscape brand and have been cooperating with Cityscape in Dubai and Abu Dhabi for the UAE market. Cityscape is an excellent networking platform to meet our key peers for focused B2B discussions, to explore investment opportunities and to be updated with the latest news and developments within the field. Due to our presence in India through our partner company RakIndo, our participation also in Cityscape India has become highly advisable. This event will furthermore give us the chance to meet and network with our Indian investors. We very much look forward to this opportunity and cooperation with our partners in RakIndo and are certain that both us and the event will mutually benefit from our participation.”
Jeremy Savory, Commercial Director, Rakeen, added: “In the Cityscape India showcase Rakeen will be focusing on our flagship developments in Ras Al Khaimah - Al Marjan Island and Bab Al Bahr with the innovative, high-yielding RAK Business Invest packaged offer of residential and office space including a 3-year business license. RakIndo’s display will be featuring the groundbreaking Kovai Hills project in Coimbatore with a world-class 18-hole golf course and a township built around it. This way we will have an exciting global portfolio to offer to the visitors of Cityscape India and an unprecedented investment mix for any kind of interest, be it residential, commercial, retail, hospitality or land plots for development.”