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Pakistan Real Estate News Updates Latest News

Dubai’s annual real estate transactions crossed the milestone of half a trillion dirhams for the first time in 2022. Maintaining its exponential progress trajectory, the sector witnessed transactions worth a report Dh528 billion in 2022, a seventy six.5 per cent enhance from 2021. Forecasts are actually predicting the tempo will gradual even additional this year. That’s because developers are struggling to finance projects because of excessive rates of interest, inflation has pushed up the worth of building supplies and a labour crunch continues to hamper the development trade. Super Luxury Home Sales Spike eleven Percent Worldwide in Q4 Based on new data from international property marketing consultant Knight Frank, world super-prime ($10m+) residential sales rose 11% in Q on a year-on-year foundation. There were 411 sales throughout the 12 markets coated within the three months to December in comparability with 370 in the identical period in 2022.

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