Released on: June 4, 2008, 4:02 am

Press Release Author: varma

Industry: Real Estate

Press Release Summary: One of the largest property exhibitions held in Toronto
recently was termed a great success judging by the number of people who attended the
Expo to find out about investing in real estate opportunities in India.


Press Release Body: One of the largest property exhibitions held in Toronto recently
was termed a great success judging by the number of people who attended the Expo to
find out about investing in real estate opportunities in India.

Buy Indian Properties organized by the CineMaya Media Group, Inc. (PINKSHEETS: CNMY)
targeted the burgeoning and lucrative market of prospective Canadian buyers in
Toronto at the International Center on Saturday, May 31 and June 1, 2008.
The event was inaugurated by Deepak Obhrai, Member of Parliament and Parliamentary
Secretary to the Foreign Affairs Minister and to the Minister of International
Cooperation and the Indian Consul-General, Satish Mehta. Organizers also launched
the Buy Indian Properties magazine, a publication dedicated to real estate in India.

\"The South Asian community is establishing deep roots in Canada and can proudly
claim to be a successful and dynamic segment of the Canadian population. Its
influence can now be widely seen in all facets of the Canadian mosaic. Having
established themselves, this community is playing a vital role in the real estate
market. In Canada, for example, this community\'s influence is spread across all
neighbourhoods. I would say that the South Asian community is now expanding their
real estate interests from Canadian shores to India, some looking to buy a home in
the country of their birth and others with the idea of setting up a base for their
commercial ventures,\" said Obhrai as he cut the ribbon for the inauguration ceremony
held on the morning of May 31.
Exhibitors include TATA Housing, Lodha Group, Hiranandani, Sheth Developers,
Sternon, HSBC, Venus, Allcheckdeals.com, AD Real T amongst others offering lucrative
locations in New Delhi, Mumbai, Dubai, Hyderabad, Chennai, Bangalore and several
other cities across India.
\"The future belongs to India,\" said Nayan Padrai, President of CineMaya Media Group.
\"India\'s economy is growing at 9 per cent and investing into real estate is very
lucrative right now. We wanted to facilitate real estate opportunities for the
burgeoning Indian Canadian community, currently over 1 million and termed as one of
the largest in the Greater Toronto area. At this Expo, developers met face to face
with buyers who had the option to choose the hottest properties from major regions
across India. Options started at Rs. 25 lakhs to Rs. 50 crores and we also had NRI
Home Loan providers on site to provide consultancy and loans.\"
The Expo will now travel to Houston from June 4 to 5 at the Stafford Centre
Performing Arts Theatre and Convention Centre and then moves to New Jersey to be
held at the New Jersey Convention and Expo Center on June 7 and 8...........

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