India’s Brahma Group, an asset management firm, is seeking to tap the UAE market for investment in Indian property.
Bhawna Dhawan, Brahma’s deputy general manager for sales and marketing, yesterday said it was expanding its business into the UAE because it considers there is “a lot of potential” in its market.
“We are … looking at forming strategic alliances with key property marketing and brokerage firms, along with increasing [our] presence and visibility through roadshows,” she said.
The weakness of the Indian rupee meant it was an attractive time for non-resident Indians to invest, she said.
India’s property market has become increasingly challenging amid its slowing economy and the glut of unsold homes.
In a list of the top 25 property investment destinations in Asia-Pacific this year, Mumbai and Bangalore respectively slipped to 23rd and 20th positions from 20th and 19th positions last year, a report this week by the Urban Land Institute and PricewaterhouseCoopers shows.
It cites India’s economic woes, an uncertain currency outlook, and an investment environment widely perceived to be unfriendly to international investors.
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Banned items
Dubai Police has also issued a list of banned items at the ground on Sunday. These include:
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Political flags or banners
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Bikes, skateboards or scooters
Europe’s rearming plan
- Suspend strict budget rules to allow member countries to step up defence spending
- Create new "instrument" providing €150 billion of loans to member countries for defence investment
- Use the existing EU budget to direct more funds towards defence-related investment
- Engage the bloc's European Investment Bank to drop limits on lending to defence firms
- Create a savings and investments union to help companies access capital
Pakistan World Cup squad
Sarfraz Ahmed (c), Fakhar Zaman, Imam-ul-Haq, Abid Ali, Babar Azam, Haris Sohail, Shoaib Malik, Mohammad Hafeez(subject to fitness), Imad Wasim, Shadab Khan, Hasan Ali, Faheem Ashraf, Junaid Khan, Shaheen Shah Afridi, Mohammad Hasnain
Two additions for England ODIs: Mohammad Amir and Asif Ali
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