QR 2.9 BIL­LION RE­ALTY DEALS IN NOVEM­BER

Qatar Today - - BUSINESS -

The real es­tate deals in the first three weeks of Novem­ber have touched QR2.9 bil­lion and may cross QR4 bil­lion by the end of the month, ac­cord­ing to the lat­est monthly re­port from Ez­dan Group. The to­tal real es­tate trans­ac­tions in Qatar stood at QR4.5 bil­lion in Oc­to­ber 2014 while it was QR5.9 bil­lion for Novem­ber 2013. Barwa Real Es­tate has sold two land plots in Me­saimeer for a sum of QR5.3 bil­lion, the re­port said. Qatar's con­struc­tion sec­tor is ex­pected to be about QR116.48 bil­lion ($32 bil­lion) in 2014-15, achiev­ing a growth rate of 54%. In­fra­struc­ture projects in Qatar are set to ex­ceed QR254.8 bil­lion ($70 bil­lion) dur­ing the next seven years.

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