Tag: Russia

IOREC: Real Estate Market In Mauritius a Profitable Investment.

Murray Adair, CEO of the Indian Ocean Real Estate Company (IOREC) who is developing several luxury resorts in Mauritius in partnership with Flacq United Estates Limited (FUEL), says while there had been a slow-down in the property market, sales transactions in upmarket resorts on the island remain buoyant. The sluggish global economy has not left […]

Affordable Units Get Little Relief as India Sees Record Rise in House Prices.

Housing prices in India are the highest in the world, according to the most recent research from London-based Lloyds TSB International Global Housing Market Review.  Prices in a country of 1.21 billion residents have increased 284 percent since 2001.The Lloyds report ranks Russia and South Africa with the second and third highest housing prices.  Prices […]

Sistema With Shyam Group Will Work For Real Estate

Russian conglomerate Sistema, on Tuesday declared that it plans to invest $100-200 million in developing hotels, offices and residential complexes in major cities of India. The revelation came after the company’s decision to invest $5 billion in the country’s telecom sector earlier in the year. Sistema has confirmed an coalition with India Shyam Group, which […]