A new monthly magazine named Property World dealing exclusively with real estate sector has been launched in the Indian scenario and in this regard the entire initiative has been taken by United Business Media (UBM) India, the Indian arm of UK-based UBM. Let’s have a glance of magazine’s objectives. The main objective of the magazine is to bring to the fore prize and balanced coverage of the property industry and hence it is targeted at real estate developers, private equity investors, home loan providers among other industry professionals.
The magazine has its own band of reporters across the country and on account of them this magazine will try to increase transparency in various public-private sector initiatives and real estate mega-deals. Which sectors the magazine will concentrate on? They include Indian and international developers, infrastructure companies, government policies, organised retail, office and residential space, commodity, stock markets.
Speaking on the introduction of this new magazine Sanjeev Khaira, Managing Director, (Print, Online, Data) UBM India said, “The launch of Property World was in reaction to a clear market need for transparent, unbiased and insightful information targeted at the property professionals in India and at international companies looking to do business here. There is a clear gap for a quality product in the market, the burgeoning Indian sector deserves and needs professional media, Property World will fulfill this brief.”
On the other hand Niranjan Hiranandani, Managing Director, Hiranandani Constructions said, “the next decade will be an opportunity for tremendous growth in real estate in India. The growth area in the country is shelter and affordable shelter, since many of the other needs have been met with the substantial growth in sectors like aviation and telecom. The opportunities in real estate are limitless. Property World has come into fill the gap in information and knowledge about the sector. Wish you all success.”
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