'Plama' to participate in property expo in Saudi Arabia

Jeddah, November 22: Here is good news for all the NRIs who live in gulf countries. Mangalore based builders Plama Developers Ltd will be participating at the property exhibition ‘India Homes 2012’ on November 29 and 30 which will be held in Dammam (Cobra Park) and on December 3 and 4 on in Jeddah (Hotel Trident) and December 6 and 7 in Riyadh (Al Yamama Resort & Park).

The exhibition will feature Plama’s some finest projects that make the most desirable and most suited property investments for NRIs ranging from top-of-the-line luxury apartments in Bangalore and Calicut to premium residential apartments in Trichur and Mangalore.

Bangalore is well-known as the Silicon Valley of India and continues to attract both technology firms as well as skilled professionals. Bangalore has emerged as the most preferred destination of choice for NRIs. There could be a number of reasons why this is the case but some of the key reasons are product offerings and pricing.  Pricing is a key factor and Bangalore offers price points which enable the investor/end-user to get the best value. This is not to say that property prices in the city are low or the returns on investment is poor, it is only stating that the prices are stable and returns are excellent.

Bangalore beats all metros when it comes to offering best value for the investment made.  There couldn’t be a better city for high net worth individuals (HNIs) & NRIs to invest. PLAMA Heights, prestigious premium apartment project in Bangalore is one of the most favorite real estate projects for NRIs from across the globe. This project shall be at the Plama’s stall during the India Homes Property Expo in KSA.

Kerala has seen investments from very successful gulf based group like Lulu, DM Healthcare and RP group. They have already invested significantly in Kerala. A whopping Rs. 7000 Cr is the planned investment of these groups alone in the state. Adding to the positive investment atmosphere is the availability of qualified and skilled workforce combined with best health care, hospitality and retail infrastructure for a quality lifestyle. Plama Developers Ltd is planning serious investments across Kerala. Their ongoing luxury residential projects in Kozhikode and Thrissur are testimony to it.  Few of their upcoming projects in the state are in Trivandrum and Kochi as well.

Another city Mangalore has been abuzz with several growth catalysts including Coastal Special Economic Zone (C-SEZ) where ONGC will invest Rs. 250 billion in the next five years and the development of 3 IT-SEZs in the city. The city has couple of world class shopping centers and large supply of operational world class office and IT buildings.

World’s leading IT majors Infosys, Satyam and Wipro has already anchored themselves in Mangalore either with successfully running facilities or large IT parks planned in SEZs and on the lands that they invested in. SEZs in Konaje & Ganjimatt along with more than 500 acres of land planned for IT facilities by IT majors are testimony to the promising growth of the South Canara Region.

PLAMA Developers Ltd has constructed and delivered more than a dozen residential projects in Mangalore City and has earned the reputation of market leader in terms of its construction quality, customer service and delivery schedules. PLAMA Developers are developing projects in Thrissur, Calicut and Bangalore. With other cities being added soon, the company is looking at establishing itself as one of the leading residential property builders in South India.

Plama Developers Ltd is one of the very few real estate companies in the country to have a combination of ISO certifications ISO 9001:2008 (Quality Management System), ISO 14001:2004 (Environmental Management System), ISO 18001:2007 (Occupational Health and Safety Management Systems). We have one of the best legal systems, transparent documentation and association with firms like D&B and Crisil for services, ratings and certifications.

With more than 1 million square feet of home space delivered, we intend to separate ourselves from the competition with consistency in construction quality, customer service, delivery schedules and transparent documentation. Therefore, our customer base has not been limited to just domestic end users but also NRIs, repeat business clients and niche investors.

With more than 2 decades of experience in residential project development Founder Chairman and Managing Director Mr.P.M.A. Razak always had a clear vision to transform the way people perceive quality in real estate sector in India. Since its inception, the company has always strived for best practices, benchmark quality, customer first approach, uncompromising business ethics, transparency & finest customer service. P.M.A.Razak has been the Chairman of Plama Group since 1986. He spearheads Plama Group to newer heights and transforms every business that he promotes. He serves as trustee and member for several philanthropic organizations in Karnataka, India.

P.M.A.Razak is well travelled across the globe and associated with various organizations in the country. He is President of CREDAI Mangalore & Vice President of CREDAI Karnataka. He had been president of Kanara Builders Association. He is currently President of Karnataka State Plywood Manufacturers Association.

P.M.A.Razak has hands-on approach style of management and has in-depth knowledge and experience of project management, construction, sales & marketing and finances.

Plama Developers will present a mix of luxury, premium and smart-invest categories of apartments in Mangalore, Kozhikode, Thrissur and Bangalore. This shall be an ideal platform for NRIs to choose their dream apartment in their own city in India.

There will be over 10 residential projects on show from Plama Developers Ltd in various cities – Mangalore, Bangalore, Calicut and Trichur.

The portfolios of ongoing residential projects in various cities – Mangalore, Bangalore, Calicut and Trichur

1. PLAMA Grande, MANGALORE: