Indian Property Expo In Qatar

India property expo in Qatar is in the eyes of investors. More than thirty Indian builders are participating in this expo with their home projects. This expo is going on in Ramada plaza hotel.

The two-day expo was opened by Dr. Mohan Thomas, President of the Indian Community Benevolent Fund.

The expo will showcase projects in Cochin, Kannur, Thiruvananthapuram, Thalassery, Thrissur, Munnar, Jaipur, Delhi, Hyderabad, Mumbai, Pune, Bangalore and Chennai.

This year’s expo has been brought to Qatar by Bangalore-based event management company Studio line Conventions and Bahrain-based International Trading Company.

Studioline’s CEO Mr. Michael Vasanth said, “We have noticed the trend of Indian investors across the globe, which looks for return on investment. People buy a second or third home not to live in but as an investment opportunity in the fastest growing real estate market of the world.”

Real estate in India has been one of the fastest growing sectors. The appreciation has been tremendous, with returns of 40-50% over a period of 1.5 to 2 years.

Foreign investors too foresee high yields from Indian real estate due to its growth potential.
Funds are flowing into the sector not only from private equity investors but also from builders looking for a strong hold in this market. Within six months, from April 2007 to September 2007, more than twenty private equity deals worth $1,292m were struck in the realty sector. According to Real Estate Intelligence, a research and consulting firm, this is a substantial increase over eight deals worth $282m inked in the same period last year.

The Indian real estate sector has also attracted many banking majors like Morgan Stanley, Blackstone, UAE-based Khaleej Finance and Investment and Ras Al Khaimah Investment Authority. Such an event helps indian real estate to become global.

One Comment

  1. Posted May 15, 2008 at 7:09 am | Permalink

    Growing realty sector of India has attracted overseas investors and figures in the top three property markets round the world, presenting the finest prospect for capital appreciation after the US and China. In the group of the most favorite property market in between foreign investors globally, US has retained its top position, while China was ranked 2nd followed by India

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