United Development Company (UDC) has made its debut in Mumbai, India. The recent visit is part of UDC’s strategic plan to expand its international presence and introduce its premium investment opportunities to the vibrant Indian market.
UDC partnered with Commercial Bank which provides attractive mortgage loan packages for foreign investors, offering loan tenures of up to 20 years. The visit was coordinated by Knight Frank, a renowned real estate consultant operating in both India and Qatar at the Four Seasons hotel in Mumbai.
During the visit to Mumbai, senior officials from UDC actively engaged with promising Indian investors, wealth managers and promoters offering valuable insights into Qatar’s investment climate, benefits, and returns, particularly in The Pearl and Gewan Islands. The event provided an excellent platform for networking and generated significant interest among Indian investors.
Key highlights of the visit emphasized Qatar’s strategic location in the Middle East, its diversified and robust economy, and its commitment to diversifying beyond oil and gas. Additionally, the event highlighted Qatar’s pro-business policies, its reputation as a safe and family-friendly destination with no income tax, and the historical ties between India and Qatar, fostering trust in investment partnerships.
Indian investors gained insights into Qatar’s thriving real estate market, where Qatari residency is attainable with attractive benefits, and UDC’s leading role as a prominent real estate developer in the country. Various investment options and accessible mortgage loan packages for foreign non-resident investors were also presented by Commercial Bank.
UDC is a leading Qatari public shareholding company established in 1999, with a mission to identify and invest in long-term projects contributing to Qatar’s growth and providing good shareholder value. Its activities cover a multitude of vital investment sectors including real-estate development, property management, infrastructure and utilities, district cooling, maritime and hospitality related businesses.
UDC’s flagship project is The Pearl Island, a 4 million sqm mixed-use, man-made island development which is one of the largest real estate developments in the Gulf. It incorporates a variety of distinct features including premium residences with state-of-the-art amenities, diverse entertainment facilities, in addition to an award-winning marina, beautiful beaches and more than 370 retail and F&B outlets.
UDC is also in the process of developing Gewan Island located adjacent to The Pearl Island, into the Company’s latest world class residential, commercial and entertainment project. This development has the potential of becoming a magnificent destination that will maintain UDC’s future growth.
Source: Qatar News Agency