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Puravankara Sees 60% Surge in Middle East Enquiries Amid Rising Regional Tensions

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Real estate developer Puravankara Ltd has reported a sharp 60% increase in enquiries from its Middle East office, reflecting a growing shift among Indian investors towards domestic property markets. The surge comes amid rising geopolitical tensions in the region, prompting many non-resident Indians to reconsider overseas exposure and reallocate investments back to India.

The company noted that this renewed interest is largely driven by confidence in India’s stable economic outlook, improving infrastructure, and consistent demand in the residential sector. Investors are increasingly viewing Indian real estate as a safer and more resilient asset class, particularly in uncertain global conditions.

Puravankara, which has a strong presence in South India, said it is preparing to capitalise on this demand by expanding its project pipeline. The developer plans to launch around 30 new projects over the next two years across key markets including Bengaluru, Chennai, Hyderabad, and Mumbai. These projects are expected to significantly enhance the company’s gross development value and strengthen its position in the mid and premium housing segments.

Industry experts believe this trend could have a broader impact on the Indian real estate market, especially in cities with strong infrastructure growth and employment hubs. South India, in particular, continues to attract both end-users and investors due to its balanced pricing, quality developments, and steady absorption rates.

The rise in Middle East enquiries also highlights a larger behavioural shift among Indian investors, who are now prioritising long-term asset stability over short-term global opportunities. With developers like Puravankara actively expanding supply, the coming years could see increased momentum in residential sales across major urban centres.

As global uncertainties persist, India’s real estate sector appears well-positioned to benefit from returning investor confidence and sustained domestic demand.

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