Affordable housing in Dubai – a mirage in the desert?
Dubai has always been an exciting destination for employment -…
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Paras Quartier-super luxury experience
Surrounded by luxury projects around, this project has been conceptualised as super-luxury experience for the discerning homebuyers that aims to cater to High Networth Individuals (HNIs). Surrounded by a lush green expanse, Paras Quartier aims to truly reflect the ultimate luxury feel in 3 dimensional spiral structure. Highlighted by its 3 Dimensional super tall Iconic Tower and the other two grand condominium towers, Paras Quartier, spread over 10 acres of land, has been visualised as a spiral tower that offers open wide spaces and ample green area.
Expectations on way forward for GST Bill from Budget Session
For achieving 10% growth, India’s domestic economy needs to attract added investor interest, including that of overseas funds. Increased levels of foreign investments would be welcome for the Government’s recently launched “Make in India” initiative as well.
10 things citizens expect from India’s 20 smart cities
The buzzword ‘Smart Cities’ has gained a lot more meaning now after the selection of the 20 top cities as Smart Cities out of a total of 98 through a competitive process of selection.
A new CEO-led consortium to drive sustainability in India’s housing sector
IFC, a member of the World Bank Group, is convening a voluntary, collaborative effort with leading Indian housing sector companies to form an industry-led Sustainable Housing Leadership Consortium to drive sustainability in India’s housing market with a particular focus on the affordable housing sector.
Delhi-NCR home to artificial price appreciation
Pritam Yadav bought an apartment in Noida at Rs 3,000 per sq ft in an upcoming location three years back. The developer had then promised that the price will appreciate to no less than Rs 4,500 per sq feet within 18-24 months. It actually appreciated to Rs. 5000 within couple of years. However, circumstantial exit effort made him realise that the appreciation was only a castle in the air.
This doctor could not find any buyer at the appreciated price point. Forget Rs. 5000 sq feet price that the developer was advertising, he could not get any taker in the secondary market for even Rs. 4000 per sq feet. Even the developer refused to buy back at Rs. 1000 per sq feet lesser than what he h
Ease of business and easy exit brand differentiator of Dubai: Sultan Ebrahim Alakraf
Dubai property market has been centre of attraction for the investors from across the world. Indians, of course, have been a significant contributors and Dubai rates India as the second largest investor country after the UK. Sultan Ebrahim Alakraf, Senior Director of Land Department, Government of Dubai, shares with Ravi Sinha how Dubai has been consciously trying to create its own brand differentiator with ease of doing business and easy exit to the investors. Excerpts of an exclusive interview:
SARE Olympia – 17 acre sports-themed housing
Olympia has been designed keeping in mind the fact that the presence and availability of playing spaces and active sports for children works wonders for their health and also sharpens their minds and personalities. With in-built privacy for families, ample play spaces for children, proximity to work, access to good healthcare and educational institutions, ‘Olympia’ is the perfect package for the entire family.
Location matters but can’t be sole retail driver
Location matters and so does a good understanding of the consumer market where a mall is located. Successful retail positioning relies on research into the local consumer market and securing anchor tenants. Once a mall opens, retail property managers must be proactive in asset management, maintaining an optimal mix of tenants and tracking retailers’ performances.
Sobha revenue decline by 12% in Q3 ‘16
Sobha Limited, on a consolidated basis, registered a turnover of Rs. 4.01 billion during the third quarter of the financial year 2015-16.