HomeLatestInvest, Explore, Thrive: Discover Your Next Adventure at IREX

Invest, Explore, Thrive: Discover Your Next Adventure at IREX

The International Real Estate Expo (IREX) and Residency & Citizenship Conclave 2024, held in New Delhi from October 18th to 19th, provided a unique platform for Indian residents seeking international real estate investment and citizenship opportunities. The event attracted a large number of visitors, including high net worth individuals and wealthy individuals interested in diversifying their wealth and exploring global investment options.

Over 1000 visitors attended IREX 2024 New Delhi, showcasing the growing interest in international real estate among Indian investors. The event featured participation from leading international real estate developers and marketing companies from countries such as the UAE, Qatar, Malaysia, Greece, Portugal, Cyprus, the UK, the USA, Austria, Germany, Malta, Hungary, Spain, the Caribbean, and the United States (EB5 companies). The conclave offered a diverse range of options and prospects for citizenship and residency by investment programs across the world. Attendees had the opportunity to explore investment opportunities in the USA, Europe, and the Middle East, with a particular focus on the booming real estate market in the Middle East.

Sobha Realty, a prominent Indian real estate developer, was a key participant at IREX 2024 New Delhi. The company showcased its luxury developments, Sobha Solis and Sobha ELWOOD, which offer a combination of luxury, innovation, and sustainability. Ashish Parakh, Chief Sales Controller and Chief Marketing Officer at Sobha Realty, emphasized the company’s commitment to delivering excellence in real estate and creating luxurious lifestyles for discerning investors. In addition to the exhibition, a conference was organized to provide insights into various aspects of real estate and immigration by investment. Experts from leading international companies discussed global investment opportunities, financial implications, and legal considerations associated with investing abroad.

A panel discussion on “Trending Investment Destinations & Immigration by Investment Options across the Globe” featured experts from different countries sharing their insights on their respective projects and programs. The demand for international real estate investments has been steadily increasing in recent years. Indian residents are increasingly attracted to the opportunities for wealth diversification, global access, tax benefits, visa-free travel, and high rental returns. Investing in a second passport can also provide access to career, educational, and lifestyle opportunities on a global scale for investors and their families.

Greece has emerged as a popular destination for international investors due to its rapidly growing economy and attractive investment opportunities. The Greek Golden Visa program, which allows non-EU citizens to obtain a residence permit through real estate investment, has been particularly appealing to investors. GREEN Properties, a leading real estate firm in Greece, specializes in assisting investors in securing their Golden Visa and investing in properties with strong potential for returns. IREX 2024 New Delhi was organized by GMN Events Pvt. Ltd., a part of an international media company with a track record of successful exhibitions in India and the UAE. The event provided a valuable platform for Indian investors to explore international real estate and citizenship opportunities and make informed investment decisions.

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A coal sector-led community infrastructure initiative in Odisha is set to improve connectivity and living conditions in a rehabilitation settlement, highlighting how mining-linked investments are increasingly shaping local development outcomes. Mahanadi Coalfields Limited has partnered with district authorities to upgrade civic infrastructure in Dhouragatha village, located in Angul district—one of India’s key coal-producing regions. Under the agreement, the coal major will fund the construction of 13 cement concrete roads with an investment of ₹76 lakh, targeting improved accessibility for over 110 families relocated due to mining activity. The project focuses on Asanbahal and Tuluka Colony, where residents have faced challenges related to internal mobility and access to essential services. The initiative reflects a broader trend in India’s coal belt, where public sector mining companies are increasingly linking coal extraction with local infrastructure development. While coal remains central to the country’s energy system, there is growing emphasis on ensuring that communities affected by mining operations benefit from improved physical and social infrastructure. In regions like Angul, where coal production underpins both local employment and national energy security, such investments are critical to bridging infrastructure gaps. Internal road connectivity, though often overlooked, plays a key role in enabling access to healthcare, education, and economic opportunities—especially in resettled or peripheral settlements. The Mahanadi Coalfields Limited CSR initiative also highlights how coal revenues are being channelled into community-focused projects. By prioritising basic infrastructure such as all-weather roads, the programme aims to address long-standing issues of isolation and uneven development in mining-affected areas. Industry observers note that such targeted interventions can improve both quality of life and long-term social stability in coal regions. From an urban development perspective, the project underscores the evolving role of coal companies beyond extraction. As India continues to rely on coal for base-load energy, there is increasing scrutiny on how mining operations integrate with sustainable and inclusive development goals. Strengthening civic infrastructure in affected areas is emerging as a key component of this transition. At the same time, the initiative raises important questions about the future of coal-linked regions. As India gradually shifts towards cleaner energy sources, ensuring that coal-dependent communities are not left behind will require sustained investment in infrastructure, skills, and alternative economic opportunities. Experts suggest that decentralised infrastructure improvements—such as village roads—can play a foundational role in enabling this transition. Better connectivity supports mobility, access to services, and integration with broader regional economies, making communities more resilient to economic shifts. The Dhouragatha project signals a growing recognition that coal-led development must extend beyond production metrics to include tangible improvements in people’s daily lives. As India balances energy security with sustainability, such initiatives may define how responsibly coal regions evolve in the years ahead.

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