MQDC showcases luxurious Bangkok residences in Delhi as the Indian elite seek exclusive properties for "third homes"

 Magnolia Quality Development Corporation Limited (MQDC) is a property developer that develops, invests in, and manages residential, community district, and 'theme' projects, including retail and hotels, with a corporate commitment to 'For All Well-Being'. MQDC brands include Magnolias, Whizdom, The Aspen Tree, Mulberry Grove, and The Forestias, catering for a range of healthy, sustainable lifestyles. They have showcased its prestigious  Bangkok properties at an exclusive invitation-only event in New Delhi’s at The Imperial Janpath held on 30th November.

Wilawan Brenig, Vice President - International Market Development, MQDC, states, “Bangkok’s property market has a special appeal for high-net worth investors, and we will offer the same exacting standards to Indian buyers looking to invest in a ‘third home’ that reflects their status.”

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. “Bangkok has a special appeal for high-net-worth investors. Working to exacting 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 annual capital gain of around 3% and rental return of about 5%.” 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.”