Font Size

- Aa +

Tue 25 Jun 2019 09:36 AM

Font Size

- Aa +

Indian firm Anarock Group signs deal to market Aldar Properties' portfolio to investors

The Aldar-Anarock tie-up followed the recent reforms introduced by the UAE government

Indian firm Anarock Group signs deal to market Aldar Properties' portfolio to investors
The Aldar projects that Anarock will market to customers in India include Mamsha Al Saadiyat, the Guggenheim Yas Island developments such as Mayan, Yas Acres, and Water's Edge, and Alghadeer (pictured), located close to the Expo 2020 Dubai site on the border between the two emirates.

Abu Dhabi's Aldar Properties has partnered with Indian real estate services firm Anarock Group to market some of Abu Dhabi's most sought-after properties to Indian investors and buyers. 

The partnership will provide Indian investors with direct access to Aldar's portfolio properties across Abu Dhabi, Anarock said in a statement.

The Aldar projects that Anarock will market to customers in India include Mamsha Al Saadiyat, the Guggenheim Yas Island developments such as MayanYas Acres, and Water's Edge, and Alghadeer, located close to the Expo 2020 Dubai site on the border between the two emirates.

The Aldar-Anarock tie-up followed the recent reforms introduced by the UAE government.

“This strategic collaboration will 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,”  said Talal Al Dhiyebi, chief executive officer, Aldar Properties.

"India is a very important market for Aldar and a core part of our strategy for international sales. Through our partnership with a leading player like Anarock, we aim to create a new gateway for Indian investors into the many opportunities that can be found in Abu Dhabi,” he added.

Aldar’s move to partner with Anarock, its first major partnership since the launch of the Indian firm's inaugural experience centre in Dubai earlier this year, is part of the company’s efforts to expand globally.

"Partnering with Aldar, one of the leading real estate players in Abu Dhabi, will provide our Indian clients access to some of the best properties and communities in the region," said Anuj Puri, chairman, Anarcok Group.

"With our intense focus on the UAE for our international growth, Abu Dhabi stands out as an exceptional market. Abu Dhabi offers Indians a great opportunity for investment and business growth."

Anarcok, which also opened an office in Abu Dhabi earlier this year, is set to expand further in the Middle East with four new offices in Oman, Bahrain, Saudi Arabia and Kuwait.