A lot of township development projects and designs of residential complexes in Kerala were displayed at a property show in Qatar which aimed at attracting investments from NRIs.

Kerala Property Expo in Doha is featuring about 50 builders. The show organized by the Kerala Builders Forum (KBF), is sponsored by HDFC bank and State Bank of India.

Mr. V Raveendran,Executive Director, KBF, said, “Kerala gives good investment opportunities now. Earlier stress was given to the tourism industry. But now it has shifted more or less to the IT sector. A number of IT parks are coming up in major cities of Kerala, resulting in increase in population density here”.

The real estate industry in Kerala has off late witnessed an upward trend with about 70% of properties being sold to buyers in the Gulf region.

KBF is the organization of 75 builders and real estate companies of Kerala. It is affiliated to the CREDAI.