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Saudi Arabia: Real estate returns to growth as developments gain pace

Posted on 30 August 2010

From Albawaba.com: Real estate prices are on the rise in parts of Riyadh and Jeddah as Saudi Arabia’s growing population drives up demand for residential properties, according to research undertaken by the Consulting Division of Oxford Business Group (OBG).

Rakesh Kunhiraman, Dubai-based Director of OBG’s Consulting Division, said the growth witnessed in prime and emerging localities of the cities marked a turnaround for the Kingdom’s two key real estate markets…………………………………….Full Article: Source


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Laxman - who has written 28515 posts on Opalesque Real Estate Briefing.


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