Abu Dhabi Securities Exchange-listed Aldar Properties has picked Mumbai-headquartered real estate consultant Anarock to market its residential and commercial properties to Indian investors, including high-net-worth individuals.
Commenting on the strategy behind the partnership, chief executive officer of Aldar, Talal Al Dhiyebi, said India was “a very important market” for the developer.
He added: “This strategic collaboration would 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.”
Chairman of Anarock, Anuj Puri. said the partnership would allow the firm to step up its operations in the UAE, especially Abu Dhabi, state news agency, Wam, reported.