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Monthly Archives: November 2008
Mumbai property investment show scrapped after attacks
One of India’s most hotly-anticipated property investment events has been cancelled following the the Mumbai terror attacks. Cityscape India, which was due to be held in the city from December 8 to 10, has been scrapped because of the “ongoing security situation”.
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Posted in Overseas Property News
Tagged mumbai, property, property investment, real estate, real estate investing
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Brutal terror raids threaten India’s economy
More than 100 people are dead and hundreds have been injured after a series of terrorist attacks which have also cast a shadow over India’s commercial health. Armed men stormed several key Mumbai tourist sites and hotels late on Wednesday and continued to hold hostages through Thursday.
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Posted in Overseas Property News
Tagged property, property investment, real estate, real estate investing
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US prices of new homes for sale keep falling
The prices of homes for sale in the US are still falling rapidly, the latest market figures from a leading analysis company have shown. The S&P Case-Shiller home price indices for September show average prices are down in every major region it looks at, suggesting investment opportunities may still be available in abundance.
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Posted in Overseas Property News
Tagged property, property investment, real estate, real estate investing
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Dubai investment property firms must delay cash requests
Dubai investment property developers must delay requests for payments from buyers in order to stabilise the region’s real estate market, a consultancy firm has claimed. RichVille released a fourth quarter report on the emirate’s property market and included a suggested rescue plan to prevent a potential collapse. Continue reading
Posted in Overseas Property News
Tagged property, property investment, real estate, real estate investing
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UK homes for sale prices stabilising?
The pace of UK house price falls has slowed over the last month, latest figures from building society Nationwide show. Prices fell by just 0.4 per cent in November, the figures reveal, compared to a drop of 1.3 per cent in October.
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Posted in UK
Tagged property, property investment, real estate, real estate investing
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Firms note shift in Indian real estate market
photo credit: woodleywonderworks Indian investment property firms have begun turning their marketing strategies towards affordable homes hunters, a leading firm has suggested.
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Tagged property, property investment, real estate, real estate investing
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Rentals grow in New York real estate market
New York Habitat, a supplier of furnished apartments in the US city, released a run down on the state of the market for the first half of 2008. According to the statistics, furnished rental rates are still strong, with demand particularly good for vacation property. Continue reading
Posted in Overseas Property News
Tagged property, property investment, real estate, real estate investing
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Notice rule for cancelled Dubai investment property
Dubai’s land laws appear to be tightening in response to calls for more legislation to control developers of investment property. The Land Department and the Real Estate Regulatory Authority (RERA) are now issuing public notices when builders apply for the cancellation of real estate projects.
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Posted in Overseas Property News
Tagged property, property investment, real estate, real estate investing
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BBA figures suggest fall in UK investment property loans
British banks have underlined the need for a swift solution to the UK’s mortgage problems by reporting a low rate of home loan approvals. The British Bankers’ Association released statistics showing October’s mortgage rates were lower than the average for the last six months. Continue reading
Posted in UK
Tagged property, property investment, real estate, real estate investing
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Middle East developer eyes enormous Indian real estate market
India’s real estate market could reach a value of $60 billion by 2010, and become an “enormous” economic power, a Middle East developer has said. Abdullah bin Abdulaziz Al Majed, vice chairman of Tanmiyat Group, was speaking ahead of the firm’s participation at property show Cityscape India 2008.
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Tagged property, property investment, real estate, real estate investing
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