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Dubai property developers upbeat on India

Dubai property developers upbeat on India

Dubai property developers upbeat on India   Property developers from Dubai taking part in a real estate exhibition in Mumbai remained upbeat on India as a source market for buyers, despite factors including a weak rupee and slowing growth in Asia’a third-largest economy. “India and the UAE have a very close relationship traditionally,” said Sunil Gomes, the chief executive of…

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Dollar out – India, UAE to trade in their currencies

Dollar out – India, UAE to trade in their currencies

Dollar out – India, UAE to trade in their currencies   In a landmark move, the UAE and India on Tuesday inked a currency swap agreement, which allows rupee and dirham for businesses, instead of dollar. With nearly $50 billion bilateral trade, the two countries are one of the largest trade partners and have made robust investments bilaterally. The latest…

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Why buyer interest in property will continue to rise

Why buyer interest in property will continue to rise

Pro-growth reforms, stimulus measures and initiatives to drive real estate market Sobha Realty, the recently rebranded property developer, said it is right on track to achieve a target of doubling annual sales to Dh2.5 billion in three years on the back of an upturn in investor confidence subsequent to a series of pro-investor reforms unveiled by the government. P.N.C. Menon,…

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The cost of renting in the UK in seven charts

The cost of renting in the UK in seven charts

As the number of people renting in the UK continues to rise, the BBC has taken a closer look at the state of private renting. The typical one-bed home in England costs £600 a month to rent, but this is skewed by soaring costs in London and hides a gaping divide across the country. In parts of Westminster, the average…

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