The event is expected to draw over 1500 High Net Worth Individuals (HNIs) from India's leading corporates, promising substantial economic and business benefits for Australia.
This would increase demand for rentals in the city and reduce the supply of owner-occupier properties in the regions, worsening the affordability of both.
The HCA said its Paada Yatra initiative continues the tradition in Sydney while also promoting community togetherness, seva (service), health, mindfulness and environmental responsibility.
Singh is expected to bat in the middle order and provide Prahran with a leg-spin option when Victorian Premier Cricket’s Men’s First XI season begins with one-day matches on October 3.