IREC 2018 – INTERNATIONAL REAL ESTATE CONFERENCE

Vietnam National Real Estate Association collaborates with VietBuild to host the EXPO at IREC 2018.

The EXPO will be held at the National Exhibition Construction Center, NECC which is on the same ground and right next to the Vietnam National Convention Center.

Indians are eligible for a Visa on Arrival in Vietnam.  VietBuild exhibitions bring together the real estate related industries such as construction, real estate, architect, engineering, building materials, interior design, home decorations and landscaping together in one location.

Real estate is coming back to life

Delhi-NCR’s real estate is reviving. There are new launches than the past few years.

Worst is over:

  • First economic slow down, then demonetization, RERA and GST had hit the real estate sector in the region.
  • Nearly 1.5 lakh flats were unsold. There is hope. New launches increased by 46% than last year.
  • However, most of the launches are below INR 50 lac ones.

How does it impact Delhi-NCR:

  • More launches mean more construction activity. It leads to more people getting employed.
  • After agriculture real estate employs most number of people in the economy.
  • Since Delhi-NCR added more office spaces than residential, expect the offices to be available at reasonable rates.