RealEstate

S&P Forecasts Rise in Saudi Developers' Profits and Revenues Due to Increased Off-Plan Sales

S&P Forecasts Rise in Saudi Developers’ Profits and Revenues Due to Increased Off-Plan Sales

According to a recent report from S&P, Saudi Arabia is poised to experience higher off-plan sales, leading to an uptick in developers' revenue and profit margins. Off-plan development offers the advantage of pre-financing construction, facilitating quicker cash collection and reducing developer risk, thereby meeting the sector's funding requirements. Read this also : Bloom Holding Sells Out Sixth...

Unveiling Reem Hills: Abu Dhabi's Premier AED 8 Billion Gated Community

Unveiling Reem Hills: Abu Dhabi’s Premier AED 8 Billion Gated Community

Nestled in the heart of Abu Dhabi, Reem Hills emerges as an innovative AED 8 billion gated community, a groundbreaking development by Q Properties spanning an impressive 1.8 million square meters. This colossal residential project promises an unparalleled blend of luxury and tranquillity, redefining the concept of elevated living in the capital city. Here's everything you need to know about Reem Hills, set...

India's Construction Boom Spurs Economic Growth Amidst Surging Housing Demand

India’s Construction Boom Spurs Economic Growth Amidst Surging Housing Demand

This week's GDP data underscores India's remarkable housing boom, signaling optimism that the construction sector will be a driving force behind the country's economic growth in the coming years. The construction industry displayed its strongest performance in five quarters, recording a significant 13.3% expansion from July to September compared to the same period last year, up from 7.9% in the previous...

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