Rental property investments are proving more popular in India as the country sees a slowdown in sales, according to experts. Real estate companies say people have less money to spend on buying a house, leading many to look at lettings instead.
Archive for October, 2008
Property investors looking to grab a bargain at American real estate auctions should “get prepared” if they want to take full advantage, experts have said. With more foreclosed homes on the market, auctions are becoming more common, said the Move Channel.
“High end” oceanfront property investment opportunities are to be built by a United Arab Emirates firm specialising in custom builds. Azizi Investments said it will construct the Azizi Platine project on Palm Jebel Ali, one of three palm-shaped islands being constructed off the Dubai coast.
Prices of UK homes for sale are still falling and have dropped by 1.4 per cent in the last month alone, Nationwide has said. Experts from the building society said the price of a typical UK house is now 14.6 per cent lower than at the same time last year.