AMID FINANCIAL CRISIS, GULF EXPATS BEING WOOED BY INDIAN DEVELOPERS
With property prices and rents spiralling in the Gulf and the rupee depreciating, Indian real estate developers are actively promoting their products among expatriate Indians in the Gulf. "Because of spiralling rentals in Dubai and elsewhere in the region, Indians working here prefer to keep their families back home," Haseeb Ahamed, chairman of the Calicut chapter of the Kerala Builders' Forum (KBF), told IANS here Wednesday. Courtesy ET dtd:- 31th Oct. 2008