Doha: All most thirty builders from various parts of India are showcasing their projects at Homes of India, the largest Indian property expo in Qatar, at the Ramada Plaza hotel.
The two-day expo was opened yesterday 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 Studioline Conventions and Bahrain-based International Trading Company.
Studioline’s CEO Michael Vasanth sid: “We have noticed the trend of Indian investors across the globe, who look 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 return of around 50 % over a period of almost two years.
Foreign investors too foresee high yields from Indian real estate due to its growth potential.