India Real Estate Latest Trends | Overview | Growth | Investments

May 24, 2021
Dubai Real Estate to Show Positive Signs On-demand Curve

Dubai realty is witnessing a price hike for the first time in six years. As per Morgan Stanley’s research note, the existence of direct co-relation between “Demand and supply” is ensuring higher demand amid the slowdown of project launches. This positive sign is due to the various government initiatives adopted to boost demand for residential real estate and liquidity in the market. Reforms vis-a-vis, attractive mortgage rates, positive shift in demand curve amidst the COVID-19 situation have also benefited the Dubai real estate market.

Dubai’s DAMAC Properties Chairman Hussain Sajwani mentioned that the market is on a positive recovery slope from the effects of the COVID-19 pandemic. The impact can be clearly seen on business books of the various industries particularly the travel and tourism sector. Providing a sigh of relief, as per the realty consultants it is believed that recovery will take at least 12 months.

While some developers see recovery will take a bit longer but even they cited that market is on a positive recovery slope, thus the realty here holds potential on many growth aspects. Viewing charts of Dubai-listed “Emaar Development”, it is expected that the price target will witness an increase in price hike by 37%. Meanwhile, Union Properties, another listed Dubai developer, reported a profit of 5.6 million dirhams for the quarter ending March 31, versus a loss of 121.9 million dirhams a year ago. 

Everything You Need to do if your Property Papers are Forged

Dozens of realty frauds are being reported on a daily basis in today’s time of which “Forging Frauds” cases have turned a lot common. As a fact of the matter, such cases have risen over the past few years and justice is still pending to the victims. But how even can a victim deal with such a situation? Here you will get to know everything that needs to be done to deal with this headache situation. Our team of experts discusses everything in case you are even

Lucknow Development Authority Reduce Interest Rate on Properties

Are you interested in buying a home or a commercial space in Lucknow? If yes, then this is probably a suitable time to make the investment, as the interest rate on the commercial and residential properties in Lucknow has been reduced by 2%. As per a report, the Lucknow Development Authority (LDA) has taken this decision to lessen the interest rate on the properties that are available for sale in Lucknow. The official of LDA informed that this 2% concession wi

Government to Analyze Developers’ Demands to Promote Realty Sector: Housing Secretary

In a bid to encourage investments in real estate in India, Shri Durga Shanker Mishra, Secretary of, Housing and Urban Affairs Ministry, emphasized that the government will analyze various demands proposed by the Realty developers. In a webinar session while responding to Mr Niranjan Hiranandani, President NAREDCO. The Secretary remained affirmative of taking up all the demands into consideration including the extension on the timeline for completion of projects by 6-7 months,