PropertyMixer is a real estate networking portal.

PropertyMixer offers a platform for estate agents, investors, investment consultants, bankers, insurance agents, developers, interior designers, architects and all those who ahve any interest in the Real Estate Industry to interactwith each other and benefit from the relationships.

The portal is not restricted to any country or location but because India and Dubai are the two markets which are the focus of International Real Estate, we would encourage people belonging to these countries to definately take advantage of the platform.

Indian Real Estate is a very lucrative market, attracting a lot of Foreign Direct Investment, though this is also one of the most unorganised markets where for a foreign buyer to enter, they need help and advice a lot more for the channels to begin with are very unstructured. According to a research published by Deutsche Bank about the Indian Market,

• Above-average economic growth in India. Strong population growth, a large pool of highly-skilled workers, greater integration with the world economy and increasing domestic and foreign investment are expected to drive India's real GDP by 6% p.a. over the next 10 to 15 years.
• Services outsourcing revving up office demand. India is the prime destination for IT services outsourcing. In the coming five years, at least 55 million m² of extra office space must be completed in the premium office segment alone.
• 600 new shopping centres by 2010. India's burgeoning middle class will drive up nominal retail sales through 2010 by 10% p.a. At the same time, organised retail is becoming more important. At present organised retail accounts for a mere 3% of the total; by 2010 this share will already have reached 10%.
• By 2030 India will need up to 10 million new housing units per year. Rapid population growth, rising incomes, decreasing household sizes and a housing shortage of currently 20 million units will call for extensive residential construction. The financing of owner-occupied housing in particular holds out
  enormous market potential.
• Capital market still underdeveloped. The total stock of commercial property is estimated at over USD 300 bn. So far the invested market accounts for only USD 4 bn of this. Capital market products, such as commercial mortgage-backed securities or listed property vehicles are still almost entirely lacking.
• Heed risks. Property investments in India are not risk-free. Market transparency is far behind European or US standards. It is therefore vital for foreign investors to have a professional local partner. The lack of liquidity and upward pressure of pricing remain the main concern within the market.

Dubai is another very lucrative market which is attracting a number of foreign buyers. Dubai is strategically being developed as a tourism based economy and because of the exquisite infrastructure and interesting promotions, dubai is attracting people to buy real estate there.

The flattening world has given rise to a need within the Real Estate fraternity to conenct, to network, to know more people, to be resourceful, to be able to identify where lies a new opportunity and who will be able to help one capitalise that and this is where PropertyMixer has a big role to play.

Looking forward to your participation in this portal, and enjoy the benefits - and also promote this concept to help many others benefit out of this.

Regards,

Sashi