Blog - Gemini Property Developers

Mar 20

Oman’s real estate trading value crosses OMR 2-billion mark: Implications and outlook

The National Centre for Statistics and Information has announced that the total traded value of real estate activity in the Sultanate of Oman exceeded the OMR 2-billion mark, in December 2020. According to preliminary figures, the Oman real estate sector witnessed transactions worth OMR 2.4 billion ...

Mar 10

The US Economy has begun to witness a wave of Covid Bankruptcies

The US economy, perhaps more so than any other globally, exemplifies consumer-driven growth. The spending habits of the average American account for around 70% of the US Gross Domestic Product(1). This is an economic model that the disruption caused by the COVID-19 pandemic made untenable. Despite s...

Mar 05

Selling a house? Watch out for these flaws in the Indian real estate market

Do you own a house in India, which you hope to sell? If so, you are probably aware that selling a property is currently as complicated as buying one, if not more so. In most growth markets, there are more sellers than buyers, and India is no exception. Prospective buyers have a lot of available [&he...

Jan 30

‘Best stimulus’: UAE-Qatar trade restart to boost regional investments

The Middle East’s geopolitics took an interesting turn recently, following the rapprochement between Qatar and other members of the GCC, including the UAE. This marks a peaceful resolution to a three-year-old dispute that hindered peace and prosperity in the Gulf. Following the removal of the ...

Jan 20

All four countries part of the embargo restore ties, including flights: how will real estate shape up for Qatar in 2021?

Following the recent lifting of the embargo on Qatar, by Saudi Arabia, Egypt, the United Arab Emirates and Bahrain, the stage has been set for greater economic growth and stability in the Gulf. For Qatar, this is an opportunity to diversify its economy, reduce its reliance on natural gas, and regain...

Jan 15

Oman real estate in 2021

If 2020 was the test of resilience, for economies around the world, 2021 will be a marker for their ‘bounce-backability’. In an October 2020 forecast, the International Monetary Fund had projected a modest recovery for most Middle Eastern nations, in 2021. However, the notable exception was the ...

Jan 10

Expert predictions: What to expect in the housing market in 2021

It is safe to regard 2020 as a year of firsts: a global pandemic in the hyper-connected world, a year with least transportation activity in the 21st century, historic recession levels, highest ever indoor occupancy levels, among other things. As we ease into the new normal, not everyone is clear on ...

Jan 05

Real Estate is poised to be a force multiplier for the Indian Economy in 2021

Having made its way through a tumultuous 2020 relatively unscathed, things are beginning to look up again, for the Indian economy. Rebounding from the economy contracting by 23.9% in Q1 of 2020-21, the Reserve Bank of India believes that growth could be an overall 6.5% for H1 of 2021-22(1). Meanwhil...

Dec 30

Oman Real Estate Registry releases announcement regarding Real Estate Valuation

Few sectors have as central an impact, or are as transparent a measure of, the overall economy of a nation, as real estate. The performance statistics of the industry are usually an insightful indicator of purchasing power and the ease with which loans are being extended by financial institutions. I...

Dec 20

What a Joe Biden Presidency means for real estate

As with every new President in the White House, Joe Biden was welcomed by people all over the world with a great deal of expectations. Much has already been said about his victory and the kind of impact it will have on various sectors of the economy. For the real estate industry, it could have [&hel...

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