Mumbai amongst Top 30 Cities to Invest In Property!

Investor activity in the real estate sector, which had reduced to a lull over the past three years, is finally set for an uptick in 2016 riding on regulatory reforms, says analyst.

Financial services firm ASK Group plans to set up its equity investment in Indian real estate market to upto Rs. 1, 500 crore during this year as it sees good demand in mid-segment housing projects.

Developer’s initiatives such as offering attractive schemes and deals to buyers, coupled with lowering of rates by the Reserve Bank of India, seem to be encouraging the fence-sitters to enter the real estate market this year.

Accordingly to a study conducted by international real estate consultancy JLL, India’s financial capital Mumbai has been ranked 22^nd while the national capital Delhi is placed at the 24^th spot!

The Real Estate Investment Division at the Federation of Egyptian Chambers of Commerce Egyptian Real Estate Council, approved the amendments made by the Egyptian Real Estate Council on a law that will restructure the real Estate Developers Association, according to the division Chairman Mamdouh Badr El-Din.

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