Overseas Property Investment

The most recent africa property investment news from a variety of international property news sources.

The price of homes in South Africa is rebounding nicely since the housing bubble burst in 2008, though the growth rate is slower than a year ago. Complex social, governmental and economic factors are at work that are both helping and hindering economic growth. See the following article from Global Property…

Emerging markets are by far the best place in the world for expats to live according to the latest HSBC Expat Economics report for 2010, which compares expats’ wealth. The report compares the number of expats earning over $200,000 per year, the number with disposable income of more than $3000 per month, the number who [...]

An Austrian developer is to become the first to build on the famous come infamous Dubai World Islands — an archipelago of islands loosely matched to a map of the world; loosely in that the islands are in roughly the same place as the corresponding country on the map, but the islands are not shaped [...]

Mumbai Mumbai finds no mention in the list of places where the Maharashtra Housing and Area Development Authority (Mhada) wants to buy land for ‘affordable housing’. The advertisement issued by Mhada in Marathi newspapers on August 15 seeks to buy land from the open market in urban areas under the jurisdiction of its regional boards [...]

June 18, 2010 Acron Group, a Mumbai-based real estate company, has launched a nationwide chain of residential communities, Vivara Residences, for senior citizens. The company has set up Acron Senior Living as part of the diversified Acron Group, which is into property development, hospitality, infrastructure projects and retail. “We are developing a state-of-the-art society for [...]

Lodha Developers Limited, Mumbai’s premier real estate developer witnessed an unprecedented response from customers with over 1500 bookings in the first week of launch of their new residential project ‘CASA RIO’. Commenting on the overwhelming success of CASA Rio, R. Karthik, Senior Vice- President, Marketing, Lodha Developers Ltd. said, “The response to Casa RIO has [...]

Lodha Developers Limited, Mumbai’s premier real estate developer witnessed an unprecedented response from customers with over 1500 bookings in the first week of launch of their new residential project ‘CASA RIO’. Commenting on the overwhelming success of CASA Rio, R. Karthik, Senior Vice- President, Marketing, Lodha Developers Ltd. said, “The response to Casa RIO has [...]

PROPERTY and construction firm Mitrajaya Holdings Bhd, which posted record revenue and profit last year, expects to maintain or perform better in the current financial year ending December 31 2010. This would be driven equally by the group’s ongoing property and construction projects, managing director Foo Chek Lee said. “To date, the group’s combined order [...]

New Delhi-based retail player V-Mart has announced plans to open 8 to 9 hypermarkets this year as it resumes expansion after a one-and-half year slowdown-induced hiatus. The company also said it is looking to focus more on sportsware retailing in the run-up to the Soccer World Cup in South Africa and the Delhi Commonwealth Games [...]

After entering oil and gas and retail sectors, Reliance Industries (RIL) is now stepping into hospitality through a joint venture with Mumbai-based real estate company Maker Builders. They will build two hotels at the Bandra Kurla Complex in suburban Mumbai. The partners are in final talks with an international hotel chain listed in London -Mandarin [...]