British companies will invest in power sector of Pakistan to overcome the energy crisis in the country, said Rawalpindi Chamber of Commerce and Industry (RCCI) President Syed Asad Mashadi. Talking to ‘The News’ here on Thursday, he said, the announcement was made by British High Commissioner to Pakistan Robert Brinkley in a meeting with a [...]
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Nowhere in the world will escape the property downturn with prices falling across the globe and some markets now reaching the bottom, according to the latest figures. The Knight Frank Global House Price Index, shows that annual global house price growth, excluding Dubai, slowed further to 3.8% in the third quarter of the year, down [...]
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AECO Development, the construction joint venture responsible for delivering the first phase of a new waterfront city in Oman, has said that work was on schedule for delivery in 2010. Al Madina A’Zarqa’s first phase involves the completion of a housing and welfare village to accommodate about 9,000 construction workers and managers. Tamer Perk, Project [...]
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Residential property in Singapore fell 5.7% in the fourth quarter of 2008, the steepest drop in a decade, according to the latest figures. The global financial crisis and an economic recession are deterring buyers in the country, experts believe. Property prices have retreated for two straight quarters after a four year real estate boom, the [...]
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If you’re looking to buy an investment condo at a great price in Florida, you just might want to get your loan application nailed down and in before January 15th. Why? Because that’s the cutoff date when Fannie Mae toughens its policies on condo properties in the Sunshine state — potentially putting a damper on [...]
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Selling a home in a declining market starts with a proper attitude and finding the right Realtor® who is optimistic and knows the right sales techniques in this tough market. Even though most people and economists are down on the housing market (feel it is depressed, that the economic recovery isn’t going to happen in [...]
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Chinese bargain hunters are preparing to descend on American cities such as Los Angeles and San Francisco, where homeowners have suffered some of the steepest price falls in the US. SouFun, the biggest real estate website in China, is organising a trip next month to look at properties in California and possibly Nevada. Liu Jian, [...]
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RIYADH: Two leading architects Norman Foster and Zaha Hadid have been lined up to take on one of the most high-profile projects on earth – the redevelopment of Mecca. The scheme for holiest city of Islam could create a huge new structure around the central Haram mosque that will eventually be capable of holding three million [...]
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WASHINGTON: For $49 million you can buy a piece of American history and have the most important man in the world as your neighbour! Evermay estate, which is situated in the heart of Georgetown, Washington DC, is up for sale.The beginnings of Evermay Estate, which has been a host to US presidents, international diplomats and [...]
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