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Pain in India realty scene spells scope for Godrej

Bloomberg For Pirojsha Godrej, who leads India’s third-largest developer, the pain in the real estate market is spelling opportunities. The son of billionaire Adi Godrej and chief executive officer of Godrej Properties Ltd. expects the firm’s best year ever for new project acquisitions as sluggish sales and a newly passed regulatory bill forces smaller developers out of business. The real ...

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Abu Dhabi residential market sees sluggish Q1

Alkesh Sharma / EMIRATES BUSINESS Unaffected by the recurrent economy fluctuations, residential sales market remained largely muted during the first quarter of 2016 in Abu Dhabi. Realtors in the Emirates capital experienced weak appetite for property purchases that was in tandem with overall market sentiment in the region. These startling findings have been revealed by CBRC Group in its recent report ...

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Kia named best ‘Small SUV’ in region

Dubai / Emirates Business The new Kia Sportage has been received recognition for being the most desirable ‘Best Small SUV of the Year’ at the prestigious 2016 Middle East Car of the Year Awards. The fourth-generation Kia Sportage features a bold new look, with the vehicle’s designers creating a sense of sporty and powerful energy from every angle. Soon-Nam Lee, ...

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