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« DLF, Indiabulls bring back S’pore REIT listing from cold | Home | Nirula`s to dish it out across India »

Kerala properties on offer at Qatar show

Various 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, a three-day exhibition, featuring about 50 builders, is currently on in Doha.

The show organised by the Kerala Builders Forum (KBF), is sponsored by HDFC bank and State Bank of India. “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,” V Raveendran, Executive Director, KBF, told the Peninsula daily.

The real estate industry in Kerala has off late witnessed an upward trend with about 70 per cent of properties being sold to buyers in the Gulf region. KBF, an organisation of 75 builders and real estate companies based in Kerala, is affiliated to the Confederation of Real Estate Developers Association of India (CREDAI)

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