India vs Dubai: Pankaj Ashri on Navigating Two Different Real Estate Markets
In India, Ashri notes, the market is deeply rooted in long-term ownership and emotional value. Buying property often ties into generational wealth, with families holding assets for decades. Regulations such as the Real Estate (Regulation and Development) Act (RERA) have brought greater transparency, but land acquisition processes, regional variations, and development timelines can still be complex. 'In India, patience and due diligence are as important as market timing," Ashri explains. 'It's about knowing the micro-markets, building local relationships, and understanding the paperwork inside out." Dubai, on the other hand, operates with a different rhythm. The city's freehold zones, streamlined transactions, and investor-friendly visa policies have attracted buyers from over 200 nationalities. Here, the market moves quickly and so must the investor. 'Dubai rewards speed and foresight," Ashri says. 'Opportunities can appear and vanish within days. If you have the data and the network, you can make decisions fast and secure strong returns." With 15 years in international real estate, 11 of them in Dubai, Ashri has built strategies that adapt to each environment. In India, his focus is on deep research, risk mitigation, and selecting projects with strong fundamentals. In Dubai, he leverages his direct relationships with developers and a global broker network to identify high-growth zones, from off-plan launches to premium resale properties.
(This story has not been edited by News18 staff and is published from a syndicated news agency feed - PTI) view comments
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August 16, 2025, 13:45 IST
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