Monday 19 February 2018
 
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affordable housing

UAE's Adia backs $1bn India affordable housing funds

Abu Dhabi Investment Authority (Adia), one of the world's biggest sovereign wealth funds, has become a primary investor in HDFC Capital Affordable Real Estate Fund-2 (H-CARE-2), a $1-billion platform targeting mid-income residential projec

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UAE's Adia backs $1bn India affordable housing funds

Abu Dhabi Investment Authority (Adia), one of the world's biggest sovereign wealth funds, has become a primary investor in HDFC Capital Affordable Real Estate Fund-2 (H-CARE-2), a $1-billion platform targeting mid-income residential projec

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UAE capital 'becoming most affordable housing market'

Slackening demand has sent residential sale prices tumbling in Abu Dhabi and rents have also declined in most districts, making the UAE’s capital more affordable following prolonged government austerity measures, according to a report.

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Dubai’s affordable housing hits N. Emirates real estate

The increase in affordable housing in Dubai is having a negative effect on rents in the Northern Emirates, according to the latest report from real estate consultancy Asteco. The average rent levels declined marginally during Q4 2016 in

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Riyadh ‘needs more affordable housing’

There is an increasing demand for affordable housing in Riyadh, Saudi Arabia, as the population growth continues to outstrip property market supply in the kingdom’s capital, a report said. Riyadh’s population has grown

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Housing: Other emirates act as satellite cities to Dubai

The limited stock of affordable options in Dubai has caused for the neighbouring emirates to act like satellite cities with around 1.1 million people who work in Dubai residing in another emirate (30 per cent of the active population), as they t

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Saudi Arabia taxes undeveloped urban land

Saudi Arabia has imposed an annual tax on undeveloped urban land, the Housing Ministry said on Sunday, finalising the rules for a system intended to address a shortage of affordable housing. The introduction of a land tax, first a

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Abu Dhabi sees big demand for affordable housing

The downward readjustment of housing allowances amongst companies in Abu Dhabi is creating further strain on the higher end of the residential market and underscores the need to address the UAE capital’s lack of affordable housing options,

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Wasl launches affordable housing community

Wasl properties, a top real estate management company and a subsidiary of Wasl Asset Management Group, plans to begin leasing 280 units in its new Wasl Oasis II development in Muhaisnah, UAE. The firm plans to launch seven out of

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Mideast 'must start focusing on affordable housing'

The current shortage of middle-income housing is one of the greatest challenges facing the real estate industry in the Middle East and affordable housing is the only solution to this problem, said an expert. “With a shortage

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