Property exchange, also known as property swap, is a transaction where two parties mutually agree to exchange their respective properties. Unlike a regular sale transaction, where the seller receives cash and the buyer obtains the property, in a property exchange, each party simply transfers ownership of their respective properties to the other party. This arrangement is particularly beneficial for individuals who are looking to upgrade or downsize their properties without having to deal with the hassle and expenses of selling their current property and purchasing a new one.… Read more
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The Invisible Factor: Demystifying Concrete Permeability!
Permeability is a measure of how easily a fluid can pass through a porous material like concrete. It is an important property of concrete because it can affect the durability and performance of concrete structures.… Read more
What is NRI’s Impact on Indian Real Estate?
As non-resident Indians (NRIs) continue to put money into the Indian property market with an increasing focus on long-term investment, it is expected that they will account for 20% of the country’s real estate sector investment by 2025, as per a report by NoBroker, one of India’s leading proptech unicorns. In the last 12 months, there has been an increase in the number of non-resident investors (NRIs) investing in the Indian property market. According to NoBroker, in 2019–2022, NRIs made up about 10% of total investment in the country’s property market. In terms of investment destinations, respondents to the survey preferred Bengaluru over Mumbai with 29% choosing Bengaluru and 24% choosing Mumbai.… Read more
Yasho Bhoomi: India’s Big Bounce in Conference Tourism & Real Estate Boom!
Prime Minister Narendra Modi has recently inaugurated India’s biggest convention center, “Jasabhoomi” at Dwarka in Delhi. This ambitious project is expected to transform India’s position in the international conference tourism sector, which is estimated to be worth Rs 25 lakh crore. As a real estate specialist, I will discuss the intricacies of JASBHOMBIA’s effect on Dwarka expressway property. The inauguration of JASBhoomi is in line with Prime Minister Narendra Modi’s vision to increase India’s share of global conference tourism, which is currently at a paltry 1 percent. Jasbhoomi, along with Bharat mandapam, symbolizes India’s determination to host international conferences, meetings, and exhibitions, demonstrating a bold move towards global prominence.… Read more
How will Dubai Property Prices Look in the Coming Years?
The real estate market in Dubai is expected to slow down in the coming year as prices slow, according to a new report. S&P Global predicts that the real estate sector will expand by 5 to 7 percent in 2022. “We do not anticipate a significant disruption of the market, but rather that price growth could slow down and perhaps even reverse over the coming year, with price drops not exceeding 5-10 percent,” said analysts Tatsiana Lescova, S&P’s head of sector analysis, in a recent report. The prices of villas have exceeded their previous peaks, but the prices of apartments have fallen by 10-20 percent from their previous highs due to a historic oversupply. The Dubai property market continues to … Read more
Major Infrastructural Initiatives Carried out by the Modi Administration!
The Modi government has undertaken a number of major infrastructure projects in India, with the goal of improving the country’s connectivity and economic growth. Some of the most notable projects include:… Read more
Sudden Surge in Dubai Property Prices Causes Russians to Lose Interest in Dubai Property!
Real estate brokers say that Russian real estate purchases in Dubai have slowed down over the past few months, following a year that saw the ruble lose a quarter of its value and a natural dip after a year of rapid buying in the aftermath of the Ukraine invasion. According to brokers, some Russians who resettled in Dubai decided that Dubai simply wasn’t for them, and they moved elsewhere. Real estate in Dubai has long been popular with Russians, who flocked to buy property in the United Arab Emirates in 2022 as international sanctions hammered Russia’s economy and finances in the wake of the country’s annexation of Ukraine. The real estate boom in the UAE since the start of the … Read more
Brazil’s Digital Governance Outperforms Expectations: What India Can Learn?
While India has emerged as the world’s largest outsourced software service provider, Brazil’s tech focus has been on building strong systems for domestic consumption. This strategic choice has enabled Brazil to build a robust IT industry that serves the needs of its domestic market. Brazil does not have an underdeveloped IT ecosystem; rather, it has chosen a different path than India. The idea of DPI was at the top of everyone’s agenda during my visit. Brazil wanted to align its digital systems with India’s DPI approach, based on India’s success and the global attention it gained during the G20 presidency. I was bombarded with questions from different government agencies, municipalities, and academic institutions – all eager to learn more about … Read more
Indians are now Dubai’s Leading Real Estate Buyers!
India has emerged as the biggest real estate investor in Dubai, playing a key role in the development of the real estate market in the city. According to the Betterhomes residential market report, Indians topped the list of top nationalities in the June to September quarter, compared to the first quarter, when Britishers topped the list. This is because Indians purchase new homes in Dubai for end-users or investors looking for better yields and golden visa eligibility. Indians have consistently been one of the top five buyers of new homes in Dubai. However, increasing wealth and geopolitical isolation, such as that of Russia, have changed the dynamics of the market.… Read more
Dubai’s Branded Residences Boom Takes Off in Recent Years!
Leading the pack when it comes to designer-developer collaborations, DAMAC Properties has forged several strategic partnerships with world-renowned fashion and luxury brands in recent years. “DAMAC’s strategic partnerships have revolutionized luxury living destinations in the UAE and redefined the notion of branded residences,” said Amira Saiwani, managing director of Sales and Development at DAMAC Properties. Highlights of DAMAC’s partnerships include Cavalli-branded DAMAC Towers, by Paramount, DAMAC Hills 2, and Gems Estate, a jewelry house themed around Gems. … Read more