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Real Estate News Alert.

Real Estate News Alert is a roundup of the most recent news that gets updated daily to keep you always up to date on the world's most attractive projects in the real estate market from the UAE (Dubai, Abu Dhabi, Umm Al-Quwain, Ajman, Ras Al-Khaimah, Sharjah and Fujairah) and sometimes from the GCC or other countries and from various news sources.


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Sunday, August 3, 2008

Dubai Real Estate Companies - Market Briefs & Expectations

Bonyan projects deliver record ROI
Trade Arabia - Manama,Bahrain
Bonyan International Investment Group, one of the leading real estate companies in the Middle East, has said it has... Investors, the company said, have benefited particularly from the 'Sama Al Jaddaf' community project, a 215-plot master development... "Bonyan International Investment Group offers one of the highest ROI among developers, which makes it a popular choice for local, regional and international investors seeking high-yielding investment opportunities. ...The growth in the real estate sector in Dubai shows no sign of reversing its upward trend with the growing demand generated by a steadily increasing ...Bonyan has pioneered one of the first towers for long-term lease in Sharjah and was responsible for building a number of luxury residential and high profile commercial developments in the UAE, Qatar and Lebanon.
 
Kerala buyers are in wait-and-watch mode
Business Line - Chennai,India
The latest round of rate hikes announced by the RBI in its credit policy has come as a big dampener for the Indian real-estate sector... "The demand-supply equilibrium in the real-estate sector is likely to be skewed as retail investors begin to defer their investment decisions... Several housing and real-estate companies have begun to offer freebies for customers who book their villas and flats. Freebies such as trip to Dubai for two... "As the price rise in the real-estate sector seems to have eased off and interest rates are at their highs, it makes better sense to wait and watch before entering the market... As real-estate prices hardened over the past couple of years, there was lots of money for the making. When new projects were announced... But a faltering real-estate sector could arrest the lucrative cycle of buying and selling. ..."Moreover the rainy season has never been the peak period for the real-estate industry in the country. We expect demand to... With specific regard to Kerala and Kochi, he said the present dip in the realty sector is just a temporary blip. With almost 30 per cent ...  
 
Chapal exhibits at Asia Property Show - Singapore 2008
AME Info - United Arab Emirates
Chapal, master developer behind a series of new landmark properties in Dubai and Ajman worth of $5,5bn, has announced their participation at Asia Property Show which has truly become an important convention place within real estate sector in Asia and the whole globe... These include Chapal Tropicals, Chapal Signature, Chapal Dunes and Chapal Corals, all located in Northern Emirate - Ajman, within Emirates Lake Towers, which is an immense 21 million sq.ft BUA master development of Chapal... Like Dubai, Ajman offers the advantage of freehold, and its real estate market is booming due to the government initiatives on tourism and business. ...
 
Al Hilal Bank Signs Agreement with Leading Property Firm.
Gowealthy.com - Dubai,United Arab Emirates
Mr. Mohamed Jamil Berro, CEO, Al Hilal Bank said: "Hamptons is fast gaining ground as the leading property services company in the UAE with offices in Dubai and Abu Dhabi... According to the contract, Abu Dhabi-based Bank will include real estate service firm in their exclusive valuation panel...
 
Almas Capital arranges developer financing
PressReleaseNetwork.com (press release) - USA
Almas Capital has recently arranged end-user financing for buyers of The First Group's projects located in Dubai Sports City. ...These mortgage products are now available from renowned UAE financial institutions such as Amlak, Mashreq, and Badr-Al-Islami", said Barmak Besharaty Managing Director of Almas Capital... "Developers such as Sheffield Real Estate, Dheeraj & East Coast, Bangash Properties, and The First Group have all successfully enhanced their projects by... I recently returned from an investment conference in Jeddah where there was a huge appetite for investment into this region's real estate sector. We are seriously studying a proposal to start a new ...
 
Tamweel Emirates celebrated its official entry into Egyptian market
AME Info (press release) - United Arab Emirates
Tamweel Emirates celebrated its official entry into the Egyptian market at the Four Seasons Nile Plaza hotel with a spectacular gala dinner attended by a large number of important VIP's and company executives...Ahmad Abouzeid, CEO of Tamweel Emirates, added: 'The last two years have witnessed a massive growth in real estate investment and development, ...

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