REAL ESTATE REMAINS A PREFERRED INVESTMENT ASSET CLASS FOR NRIs AND INTERNATIONAL PROPERTY SEEKERS
BANGKOK, Thailand — The PropertyGuru Asia Property Awards (India) programme, organised by PropertyGuru Group (NYSE:PGRU), Southeast Asia’s leading PropTech company, is now open for entries. Organisers of the 4th PropertyGuru Asia Property Awards (India) 2023 call on the country’s worthiest property development companies, real estate investment trusts, and design practices to highlight their achievements on an international platform.
Entry submissions are accepted online until 15 September 2023 via: asiapropertyawards.com
Real estate has been the preferred investment asset class for non-resident Indians (NRIs), according to research by Property Report by PropertyGuru, the official magazine of the Awards. NRIs gradually returned to the real estate market and bolstered sales of luxury homes in 2022.
The real estate sector of India has experienced a boost in recovery, with residential sales in major regions experiencing annual increases towards the end of last year.
The luxury residential segment has especially benefited from NRIs’ demand to invest in real estate aligned with a comfortable lifestyle in developed countries. Major cities in India have progressed to offer a diverse range of homes that caters to Indians overseas as well as affluent property seekers within the country.
The 4th PropertyGuru Asia Property Awards (India) follow one of the programme’s most diverse editions yet. Last year, the Awards in India were presented to various recipients that include one of the country’s most prolific real estate investment trusts.
Jules Kay, general manager of PropertyGuru Asia Property Awards and Events, said: “As with India’s dynamic property market, the PropertyGuru Asia Property Awards have diversified and expanded in the last few years. We have seen the quality of India’s residential, commercial, and industrial projects continually improve, thanks to the country’s finest property developers, real estate investment trusts, architects, and designers. We are thrilled to showcase some of the highest-quality properties across this ever-expanding market.”
The 4th PropertyGuru Asia Property Awards (India) will take place at The Athenee Hotel, a Luxury Collection Hotel, Bangkok on 8 December 2023.
Key dates for the 2023 edition:
15 September 2023 – Entries Close
2-13 October 2023 – Site Inspections
18 October 2023 – Final Judging
8 December 2023 – India Awards Presentation in Bangkok, Thailand
8 December 2023 – Regional Awards Presentation in Bangkok, Thailand
The public is also encouraged to submit their nominations before the deadline for entries on 15 September 2023 here: asiapropertyawards.com/nominations
An independent panel of judges, comprising experts in diverse fields such as real estate consultancy as well as architecture and interior design, will participate in a rigorous process of selecting the award recipients.
The resulting shortlist of nominees will be able to showcase their companies and projects to a wide network of property seekers, real estate agents, banks and valuers, and other enterprises served by PropertyGuru Group, which operates its Marketplaces business in Singapore, Thailand, Malaysia, Indonesia, and Vietnam. HLB, the global network of independent advisory and accounting firms, supervises the entire awards process with a professionally run, fully transparent judging system and an established reputation for fairness, credibility, and integrity.
Successful representation
Main winners from the 2023 edition of the PropertyGuru Asia Property Awards (India) will qualify to compete with other excellent companies across the region for the ‘Best in Asia’ honours at the 18th PropertyGuru Asia Property Awards Grand Final, which will also be presented in Bangkok, Thailand on 8 December 2023.
India was represented successfully at the 17th PropertyGuru Asia Property Awards Grand Final 2022. Embassy REIT, one of the country’s largest real estate investment trusts, won Best Commercial Landscape Architectural Design (Asia) for Embassy TechVillage – Central Garden.
Established in 2005, the PropertyGuru Asia Property Awards continue to reward high-calibre work within the industry, encompassing property development, construction, architecture, interior design, and sustainable building practices. The series initially covered Southeast Asia and has expanded over the years to include the region’s dynamic property markets, including Australia, China, and Greater Niseko in Japan.
The 4th PropertyGuru Asia Property Awards (India) programme is supported by official magazine Property Report by PropertyGuru; media partner The Hindu; and official supervisor HLB.
For more information, email [email protected] or visit the official website: AsiaPropertyAwards.com.
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NOTE: Use of the PropertyGuru Asia Property Awards logo is limited to the publication of this article only.
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ABOUT PROPERTYGURU ASIA PROPERTY AWARDS:
PropertyGuru’s Asia Property Awards, established in 2005, are the region’s most exclusive and prestigious real estate awards programme. The Asia Property Awards are recognised as the ultimate hallmark of excellence in the Asian property sector. Boasting an independent panel of industry experts and trusted supervisors, the Awards have an unparalleled reputation for being credible, ethical, fair, and transparent.
In 2023, the Awards series is open to more than a dozen key property markets around the region. The exciting gala events welcome senior industry leaders and top media, as well as reach property agents and consumers via live streaming. Recognising excellence within each Asian market with a variety of categories, including green and sustainable development, each local awards programme will culminate in the PropertyGuru Asia Property Awards Grand Final, which takes place after the PropertyGuru Asia Real Estate Summit during ‘PropertyGuru Week’ in December 2023.
For more information, please visit AsiaPropertyAwards.com
ABOUT PROPERTYGURU GROUP:
PropertyGuru is Southeast Asia’s leading1 PropTech company, and the preferred destination for over 37 million property seekers2 to connect with almost 60,000 agents monthly3 to find their dream home. PropertyGuru empowers property seekers with more than 2.9 million real estate listings4, in-depth insights, and solutions that enable them to make confident property decisions across Singapore, Malaysia, Thailand, Indonesia, and Vietnam.
PropertyGuru.com.sg was launched in Singapore in 2007 and since then PropertyGuru Group has made the property journey a transparent one for property seekers in Southeast Asia. In the last 15 years, PropertyGuru has grown into a high-growth PropTech company with a robust portfolio including leading property marketplaces and award-winning mobile apps across its core markets; mortgage marketplace, PropertyGuru Finance; home services platform, Sendhelper; a host of proprietary enterprise solutions under PropertyGuru For Business including DataSense, ValueNet, Awards, events and publications across Asia.
For more information, please visit: PropertyGuruGroup.com; PropertyGuru Group on LinkedIn.
1 Based on SimilarWeb data between October 2022 and March 2023.
2 Based on Google Analytics data between October 2022 and March 2023.
3 Based on data between January 2023 and March 2023.
4 Based on data between October 2022 and March 2023.