The Indian real estate market right now stands in equilibrium as prices are stable across most cities in India. However, this is slated to change in the medium to long term as demand should outweigh supply over the next few years, primarily due to decline in residential launches. Sales have, in fact, overshadowed new launches in the past 4-5 quarters - signalling the revival of the sector.
Dubai’s Al Maktoum airport has been put on hold due to economic issues, as per the latest report published by Bloomberg, citing unnamed sources familiar with the matter. The numbers related to tourism activity aren’t encouraging either and the authorities have delayed the construction plans. Dubai’s Al Maktoum airport has been planned as the largest airport in the world with capacity of handling more than 250 million passengers every year.