Maharashtra’s real estate regulatory authority has successfully resolved 15,423 consumer complaints since the implementation of the Real Estate (Regulation and Development) Act seven years ago, making it one of the top three states in addressing homebuyers’ grievances, according to a report from the Ministry of Housing and Urban Affairs. The report highlighted that across various…
Private equity inflow in real estate declines 44% to $3 bn so far this year
Global investors have shown cautiousness towards investing in Indian real estate this year, with private equity inflows declining by 44% to $3 billion by December 12 compared to the previous year, according to data from Knight Frank. Knight Frank India, a real estate consultancy, released data revealing that the Indian real estate market attracted $3,024…
Dubai’s weeklong real estate transactions exceed AED 10.3 billion
During the week ending November 10, 2023, real estate transactions in Dubai reached a total value exceeding AED 10.3 billion, as reported by the Dubai Land Department (DLD). According to the DLD, a total of 1,782 transactions were conducted, amounting to AED 7.4 billion from sales. This included 396 plots sold for AED 3.99 billion…