India Real Estate Latest Trends | Overview | Growth | Investments

June 2, 2021
Dubai Residential Realty to Witness Price Hike in Six Years

As per the most recent realty developments, Dubai residential realty sector is expected to witness price appreciation for the first time in six years in the year 2021. The “hope for an overall economic recovery and introduction of vaccination drive”, is been cited as the primary cause for the boost in prices.

According to “Reuter’s poll of property analysts”, due to the coronavirus crisis, the state’s real estate sector was hit on revenue generation and remained stagnant for the past couple of years. Although, the recent initiatives by government authorities to rollout vaccines and conduct mass vaccination drive to spur growth have lifted hopes for overall economic recovery.

Majorly all the real estate analysts showing a positive sign on health metric of the Dubai realty sector, mentioned that price acceleration in Dubai realty this year 2021 is more likely inevitable. More interestingly, the snowball effect will continue while ensuring improved investor confidence here in Dubai realty.

Citing data as per the recent analysts’ forecast, the Dubai housing sector would foresee a price rise by 1.1% this year and 2.8% in the year 2022. Also, according to Dubai Statistics Centre data Dubai’s economy was projected to grow 4.0% this year after an estimated 6.2% contraction last year,

As per the sources, due to the government’s various initiatives and schemes launched to incentivize the deals and stimulate the economy. Considering the buoyancy in the Dubai realty market since H2 2020 it is almost certain that this will have an effect on the housing market as well as the tourism sector. Thus making investments here a viable option as the realty will continue to flourish further.

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,