DAMAC Properties is launching phase two of a $1 billion project of luxury hotel and serviced residences to Indian investors.
In an enticing offering, a real estate developer n Dubai is handing out a Lamborghini, BMW or a Mini Cooper on select luxury property units sold during the Dubai Shopping Festival.
A growing number of investors from India are showing interest in Dubai as they look to capitalise on 60 per cent savings per square foot in the Dubai property market, a Dubai-based real estate company has said.
Reliance 4IR Realty Development, a unit of Mukesh Ambani's Reliance Industries, paid a Rs 86.5 crore 'development fee' to license the Trump brand for a forthcoming real estate project in Mumbai.
Indian prefer to buy expensive properties in Dubai.
Remittances are estimated to exceed $600 billion in 2015.
Banks stocks continued to trade weak along with FMCG major ITC.
