MQDC To Develop Luxury Housing Projects In Delhi-NCR
Thailand-based realty firm MQDC, which is present in co-working space in India, plans to develop luxury housing projects in Delhi-NCR and is in talks with local builders for joint development. MQDC India, Indian arm of Thailand-based Magnolia Quality Development Corporation (MQDC), has one operational co-working facility in South Delhi. It is launching second co-working facility 'Whizdom Club India, at Golf Course Road, Gurugram. MQDC is also inviting Indian investors to buy flats in its various properties at Bangkok. It is showcasing its properties to HNIs (High Networth Individuals). MQDC properties average about 5-7 per cent in annual yield, with annual capital gain of around 3 per cent and rental return of about 5 per cent. The properties in Bangkok are available in a range of Rs 25,000 per square feet to Rs 1 lakh per square feet. MQDC, an international property developer spread across India, China, and Thailand, is a subsidiary of DTGO, a business-social organisation founded in 1993. It develops, invests in, and manages residential, community district, and 'theme' projects, including retail and hotels.
Tags : Thailand MQDC India China Thailand Magnolia Quality Development Corporation