ANAROCK enters a partnership with Aldar to market its Abu Dhabi properties in India
The ANAROCK Group has partnered with Aldar to market some of Abu Dhabi's most sought-after properties to Indian investors and buyers.
The ANAROCK Group — India's leading specialised real estate services firm — has entered into the partnership with Aldar Properties PJSC ('Aldar'), Abu Dhabi's leading property development, management and investment company, to market some of Abu Dhabi's most sought-after properties to Indian investors and buyers. The partnership will provide Indian investors with direct access to Aldar's portfolio of world-class destinations across Abu Dhabi. This includes Mamsha Al Saadiyat, located on the beach adjacent to the capital's iconic cultural district home to the Louvre Abu Dhabi, the much-anticipated Zayed National Museum, and the Guggenheim Yas Island developments such as Mayan, Yas Acres, and Water's Edge (all close to Ferrari World and Warner Bros World) and Alghadeer, a short distance away from Expo 2020 Dubai and theme parks Bollywood World, Legoland, and Motiongate.
Speaking on the partnership Anuj Puri, Chairman - ANAROCK Group said: "With our intense focus on the UAE for our international growth, Abu Dhabi stands out as an exceptional market. Abu Dhabi offers Indians a great opportunity for investment and business growth. Partnering with Aldar, one of the leading real estate players in Abu Dhabi, will provide our Indian clients access to some of the best properties and communities in the region. This is a fantastic opportunity for living and investing in Abu Dhabi, with the assurance of a highly-established real estate brand."
Standing in sync with Anuj Puri of ANAROCK Talal Al Dhiyebi, Chief Executive Officer at Aldar Properties said, "India is a very important market for Aldar and a core part of our strategy for international sales. Through our partnership with a leading player like ANAROCK, we aim to create a new gateway for Indian investors into the many opportunities that can be found in Abu Dhabi. This strategic collaboration will enable Indian buyers to benefit from the newly introduced law regarding freehold ownership of land in investment zones and visa rules for real estate investors in Abu Dhabi, which have made our destinations even more attractive to international investors. We look forward to working with ANAROCK and bringing our unique developments to serious buyers across India."
Commenting upon the development Shajai Jacob, CEO - GCC, ANAROCK Property Consultants said, "This is a collaboration of equals to assist India's high net-worth families and individuals to take advantage of Abu Dhabi's beneficial investment ecosystem. The UAE has traditionally held a special place in the heart of the well-heeled and globally travelled Indians, and our partnership with Aldar will bring to them the most attractive real estate investment options from one of the best and most sustainable developers in the region. With a sales velocity of over 1,000 transacted units a month in India, ANAROCK will now also offer unmatched investment opportunities from Aldar's suite of products to its clients".
This is Aldar's first major partnership since the launch of its inaugural experience centre in Dubai earlier this year, also set to promote the Company's expansion globally. It follows the recent positive reforms introduced by the UAE government with the launch of the 'golden card' permanent residency scheme for foreign investors, as well as the new freehold property law in Abu Dhabi, offering foreign investors the ability to buy land on a freehold basis within investment zones in Abu Dhabi - whereas they were previously granted 99-year leasehold arrangements.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.