Date: October 9, 2007
Ref. No. /Prop./0020/2007

 

Subject: More than 1000 options to invest in Mumbai Real Estate.

Dear Sir/ Madam,


Mideast Properties Pvt. Ltd. has been continuously putting in efforts to provide you maximum choices of properties to choose from. This time we have crossed
a newly set benchmark of listing 1000 properties on our website.

1) The 1000 Properties:

Our website details 1000 properties with Ready Possession or Under Construction from more than 400 builders located in Mumbai, Thane, Navi Mumbai & Pune. Click on www.mideastproperties.com for this listing.

2) Indian Infrastructure: The high growth story:

The Indian Economy is expected to grow at 8-9% over the next five years. To sustain a higher economic growth rate, India will have to invest a huge amount in the Infrastructure sector. Govt. has plan to organize investment in the National Highways Development programme (NHDP), Railways, Airports, Ports, etc. amounting to Rs. 20,01,776 crore (at 2006-07 prices) or US $ 488 billion (at an exchange rate of Rs. 41/$).

Government of India wants Mumbai to become international class city. Infrastructure projects have been sanctioned & the work is in progress like building New International Airport, Worli-Bandra Sea link, Metro-Rail project, etc. in full swing.

This will accelerate the real estate prices in next 2 - 5 years.

3) Investment in Real Estate in and around Mumbai:

Past 6 months have not seen much movement in the property prices. Also, Builder & Developers are seeking genuine investments and not speculative money.

Hence, we believe that next 6 - 12 months will be best time to make investments in Mumbai Real Estate.

Thanks & Regards,

For Mideast Properties Pvt. Ltd.
Nidhi Shah/ Sanjay Bhatt