Sobha Developers plans to start a $3 billion project in Dubai, aiming to break ground by early 2013 despite the economic downturn.
PwC stated at a conference that due to the global financial crisis, emerging markets' GDP may exceed advanced economies' sooner than anticipated, requiring real estate investors to adapt.
Government initiatives, including ECBs for low-cost housing and interest subventions, are poised to boost affordable housing in Mumbai's outskirts, enhancing long-term price stability.
NRIs are investing in residential real estate in large Indian cities, drawn by financial stability and a desire to stay connected to their motherland. This trend is driven by both emotional and investment motives.
NRIs in dilemma on global real estate investment amid financial crisis, consider Indian market for contingency planning