Real Estate Loans: The real estate sector is growing across segments said property analysts. Top seven property markets in the country registered total sales of 74,486 apartments during the quarter.
Bank loans to commercial real estate, including residential construction, nearly tripled last fiscal year at 23 percent, amounting to Rs 3.97 lakh crore. If the impact of the merger of HDFC with HDFC Bank is included, the loan growth increases to 38.9 percent, with outstanding loans reaching Rs 4.48 lakh crore as of March 31. Property analysts note growth across segments, with the top seven property markets witnessing total sales of 74,486 apartments in the quarter, following a record-breaking quarter in December.
Alvarez & Marsal Expands Its Capital Markets & Accounting Advisory Senior Talent Globally afp.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from afp.com Daily Mail and Mail on Sunday newspapers.
Mergers, acquisitions reshaping GCC's overall business landscape arabnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from arabnews.com Daily Mail and Mail on Sunday newspapers.
RIYADH: With the highest growth rate among the G20 countries, continuous efforts to diversify the economy and a healthy inflow of foreign direct investment, Saudi Arabia’s market performance has been resilient. “Tadawul is by far the largest stock exchange in the Middle East, and it is seeking to become a regional center with cross-listings of companies from other countries in