The lucrative long-term return on land plots may tempt you to buy, even at a time when the real estate sector is reeling under the impact of a slowdown. In such a market scenario, can investing in land still assure you of good returns in the future?

The Directorate of Public Prosecution has filed an urgent application with the High Court in Lobatse to stop former Debswana Managing Director Louis Nchindo from servicing and selling sub-divided plots from his controversial piece of land at Gaborone block 10.

Moscow Mayor Yuri Luzhkov joined yesterday the campaign for South Ossetia’s reviving. Luzhkov laid a foundation stone in the future cottage village built in ex-Georgian enclave in South Ossetia.

The new moon of the lunar month of Kartika marks Diwali, the Indian festival of lights, when Hindus across the country worship the goddess of wealth, Lakshmi. But divinities know full well the laws that govern finance and Lakshmi may not be a little tight-fisted about circulating her riches amid the ongoing global credit crunch.

Mohamed Al Hamidani, Chairman, UAE-based real estate developer, who is putting in Dh1.5bn in a freehold property in Ajman

Last December I wrote an article analyzing the current state of the real estate market in which I stated, “Market corrections happen. Market recoveries happen. It’s all a matter of degrees.”

Emaar, The Economic City (Emaar.E.C), the Tadawul-listed company developing King Abdullah Economic City (KAEC), recently, hosted a workshop for Riyadh’s leading real estate developers to highlight the development opportunities in the 168 million sq m mixed-use mega-project.

As Los Angeles continues to feel the effects of the down market, Beverly Hills-based residential real estate brokerage Teles Properties maintains its growth with the addition of two top-performing agents with a combined 40 years experience.

Banks in Bahrain have been told to restrict lending on real estate to 30 per cent of their total lending book by the Central Bank of Bahrain (CBB).And the CBB is also imposing the amount financial institutions can lend on specific properties in a directive to all local banks.