Real estate

Construction: Expected Stabilization

Construction is one of the most affected by the crisis. However, construction companies expect growth of 2% this year, specifically to the third quarter.

8 years, 3 months ago

Rs 738 Million to Renovate the NHDC Houses

For the next four years, the government will disburse a sum totaling Rs 738 million for the rehabilitation of homes NHDC.

8 years, 4 months ago

IRS-RES: Real Estate Market Becomes More Open to Foreign

Criteria to allow foreigners to buy property in Mauritius were relaxed. Instead of acquiring a property in their own name, for example, they can do so through their offshore company.

8 years, 4 months ago

Matala Is Not "on the Brink of Bankruptcy"

An application for liquidation was filed against Matala Properties Ltd.. A request that the director of that company intends to challenge. And supporting figures, Andrew Smith indicates that the financial health of the company is in good shape.

8 years, 6 months ago

Ramdanee Group: Liquidation Proceedings Against Matala Properties

The difficulties faced by projects villas Real Estate Scheme (RES) are confirmed. An application for liquidation was filed against Matala Properties Ltd to the Supreme Court.

8 years, 6 months ago

LAVIMS On Firm Ground

In line with budget vision to harness ICT to bring innovation and effectiveness in doing business, the Ministry of Land and Housing has put in place a very complex but secure information system which is known as LAVIMS (Land Administration Valuation and Information Management System).

8 years, 8 months ago

Real Estate Bubble: The Result of Conflicting Measures

While real estate dominates foreign direct investment at the expense of other productive sectors, now the Bank of Mauritius, in good avant-garde, the bank recommends caution in financing property projects, more plombera sector construction. Yet, it is the economic policy, encouraging speculation, has created a real estate bubble.

8 years, 8 months ago

Budget 2014: Proposals

At one month of the presentation of the 2014 Budget, the various economic players had the opportunity to submit their proposals to the Ministry of Finance.

8 years, 8 months ago

Malls: Falling Rents Is Not Envisaged

If all the malls do not know the expected attendance, lower rates although requested by some traders, is not on the agenda.

8 years, 9 months ago

Real Estate: Discussions Between ENL and Ascencia

Discussions are currently underway between Ascencia and Foresic one side and ENL Property group and one for the proposed Ascencia / Foresic a number of commercial buildings belonging to the ENL Group acquisition.

8 years, 11 months ago

South African Buyers Snapping Homes in Mauritius

Mention Mauritius and words like crystal clear beaches and long days lounging around drinking cocktails come to mind. I call it the island dream these days and my fellow colleagues seem to like the idea of packing up and soaking in the sun, after all, it’s still home, Africa I mean. Lately, we have been reading all sorts of positive growth stories on Africa and where to invest and buy property.

9 years ago

Domaine Les Pailles: Call for Proposals Raises an Average Interest

Two proposals were submitted to the State Investment Corporation (SIC) for the purchase or lease of the tourist village of Belle Mare and four proposals for the five restaurants on the estate Pailles.

9 years ago

Real Estate Bubble: Not Explode or Burst

"The steady increase in credit growth in specific sectors could be heralding the creation of bubbles. On the other hand, the rise in non-performing loans' recorded during the year does not bode well, "captures the Governor of the Bank of Mauritius.

9 years, 1 month ago

"We Need an Authority to Control the Real Estate Sector"

After the scandal Ponzi schemes, operators of real estate sector in favour of the creation of an authority or commission to better control operators in this sector.

9 years, 1 month ago

Real Estate Projects: Attention Trapped

They often invested hundreds of thousands of rupees in real estate projects that seemed enticing, but now struggling to emerge and that, for more than five years. Clients A & A Marketing live in fear of not getting their money.

9 years, 2 months ago