Prabhakar Raghavendra, Author at Gemini Property Developers

Jun 05

Dh126 billion stimulus package: Impact and implications on UAE real estate

The UAE Central Bank has earmarked Dh126 billion as a stimulus package to offset COVID-19 induced economic stress. The package will be equally dispatched as zero-interest loans for local banks against collateral, and as funds to free-up capital buffers. Besides this initiative – which has been lab...

Jun 02

In: Blog
By: Prabhakar Raghavendra
Date: June 2, 2020
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COVID-19: Global real estate implications

Uncertainty looms large across the globe, in the wake of the COVID-19 outbreak. At the time of writing, many global cities continue to witness a surge in confirmed infected cases and mortality rates. Public health remains a focal point, but organizations and governments are also contemplating short ...

Feb 25

The necessity and feasibility of retrofitting older buildings

In recent years, sustainable development has emerged as a major social concern and an area of concerted policy focus in the hallways of political power. The word ‘sustainable’ is being prefixed to critical endeavours such as growth, energy, engineering, construction, living and future de...

Feb 20

Millennials: the ‘X’ factor in today’s real estate market

I wouldn’t be too much of a misrepresentation to say that the real estate industry has long been a little perplexed with preferences of the millennial generation, when it came to housing. Millennials or Generation Y have traditionally been known to favour renting over home ownership, with a view t...

Feb 14

From skyscrapers to plyscrapers

Sustainable construction comes of age It is estimated that approximately 5 billion metric ton of concrete is being produced yearly, across the world. Construction industry’s traditional reliance on concrete as the primary building material necessitates huge quantities of cement production, whi...

Feb 11

Real estate and the experience economy

The basic premise of an experience economy posits that customers are not merely purchasing a product but buying into an experience. Lately, the customer experience (CX) landscape is evolving across asset classes and geographies, including real estate and its verticals. As a testament to the growing ...

Feb 05

Trends that may reshape real estate sector in 2020

Real estate trends, by virtue of their nature, are dynamic. Although they typically outlast business cycles, they can change multiple times in a single cycle as well. The year 2019 was characterized by muted global economic growth, market volatility, geopolitical issues and trade standoffs, which im...

Jan 25

New website for golden visa: how UAE is driving growth through long-term residency permit

The earliest instances of the issuance of a ‘golden visa’ date back to the 80s, when a few Caribbean nations, in a bid to attract foreign investments, formulated cash-for-passport programs. These initiatives opened new avenues for global high-net-worth individuals (HNWIs) who, seeking more favou...

Jan 20

A guide to the first wave of property value protection programs in the UAE

One of the burning questions in the US in the 90s was: how do we survive the shifting, volatile real estate market. Across the nation, more than half of home owners had witnessed a rapid diminution in property value in the span of five years. This predicament resulted in buyers seeking an insurance ...

Jan 18

Dubai real estate: softening prices and rising sales

According to the reputable UAE-based real estate platform Property Monitor, which operates under the aegis of Cavendish Maxwell, property prices in Dubai are currently at a seven-year low. The research notes that prices are down 27.5% from their previous market peak in September-2014, while remainin...

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