MQDC Showcases Luxury Bangkok Residences in Delhi as India’s Elite Seek Prestigious “Third Home” Properties
– Leading Thai developer is showcasing prestige Bangkok properties for Indian buyers
– MQDC is pioneering for Thai developers in India with its Whizdom Clubs in Delhi and Gurugram
– MQDC offers outstanding “third home” opportunities with high yields amid a surge in Indian travel to Thailand
6th December 2023, New Delhi – MQDC, one of Thailand’s top property developers, is showcasing its prestigious Bangkok properties at an exclusive invitation-only event in New Delhi’s at The Imperial Janpath, New Delhi – 110001, India 30 November 2023
MQDC is known for Bangkok landmarks including ICONSIAM, a global retail and lifestyle destination. The company has had a presence in India since 2019 with its Whizdom Club, an inspiration hub and co-working space in Delhi’s fashionable Greater Kailash II district.
The company is now completing its flagship The Forestias forest district, ranked among Thailand’s largest-ever developments with an investment value of $3.8 billion. The green neighborhood spans 64 hectares, integrating homes with lifestyle, healthcare, and transport amenities.
MQDC in Delhi will present luxury properties to suit high net-worth investors amid the “third home” trend, said Ms. Wilawan Brenig, Vice President of International Market Development.
“MQDC has a unique offering within Bangkok’s property market that we’re thrilled to be presenting to India’s high- end home buyers at an exclusive showcase on 1-3 December 2023,” she said.
“Bangkok has a special appeal for high-net-worth investors. Working to exact standards for a discerning global market, MQDC can offer the style and impact that Indian buyers seek in a prestige ‘third home’ reflecting their status and achievement.
“As a sophisticated mixed-use developer, having led Thailand’s property sector for 30 years, MQDC can also exceed the market in annual yields. MQDC properties average about 5-7% in annual yield, with an annual capital gain of around 3% and rental return of about 5%.”
MQDC is leading the Thai property sector’s engagement with India with its youthful Whizdom brand. The company is now opening its second Whizdom Club in India at Gurugram, connecting with India’s dynamic startup community. Thailand in 2023 targets 2 million Indian tourists, increasingly central to the country’s tourism industry. The country also has tremendous untapped potential for Indian expats, said Ms. Brenig.
“MQDC sees India as offering unmatched potential amid Bangkok’s cosmopolitan expat mix, drawn by the city’s amazing amenities, fabulous service culture, and world-class education and healthcare,” she said.
“MQDC is eager to connect deeper with a country where youthful demographics and a dynamic business culture offer such potential. We can also offer Indian buyers expert support to meet their lifestyle and investment goals, helping ensure secure ownership and the ideal locations and amenities.”