Tag: Uae

UAE NRIs Show Special Favor To Real Estate Investment

Declining Indian rupees attracts more NRIs to invest in their mother land, India. Sources prove that a majority of NRIs invest on real estate properties. As per Sumansa Exhibitions’ survey nearly 89% of the UAE NRIs maintain real estate investments in India. Non-Resident Indians (NRIs) play a negotiable role in the growth of Indian Economy. […]

India is in Favorites’ list of Retailers

Photo by HelveticaFanaticAlthough countries like China and Britain are ahead in the race but India has still managed to acquire 39th position in the favorites list of retailers in the world. In 2008, the CB Richard Ellis (CBRE), a real estate consultancy conducted a survey in which India was ranked as the 44th preference of […]

Developers in the metropolis plan to target NRI buyers

Real estate developers in the metropolis plan to target NRI buyers, primarily in the UAE, in a bid to push up their sales, affected in recent times by high prices and adverse sentiment, a senior industry official said. “With the Rupee depreciating via-a-vis the dollar, NRI buyers stand to gain by around 20%. Prices too […]

Bank of Baroda Signs MOU With Dubai Properties

DUBAI:, A leading Indian public sector bank Bank of Baroda, has signed a memorandum of understanding with Dubai-based real estate company Dubai Properties for funding buyers of the latter’s products in the United Arab Emirates (UAE). In a statement Dubai Properties declared that the contract has been signed between Bank of Baroda chief executive for […]