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INDUSTRY ANALYSIS (REAL E INDUSTRY ANALYSIS (REAL E Al Mazaya Holding Company is a real e company that provides a wide range of real estate products and services across the range. It develops large areas in selected zones to offering ready to use commercial and residential spaces (GulfBase, 2015). Ezdan Hotel & Suites is said to be the biggest Hotel and Suites in the Middle East. Their property boasts more than 2200 suites and studios which covers short and long stay accommodation requirements (GulfBase, 2015).
Birwa is real estate Company that was as a result of contribution of Emir and the government of Qatar to build a modern country that is accompanied by diverse economy for the benefit of the future generation (GulfBase, 2015). United development group in a pioneering real estate company that dictates its operations in affordable housing, student housing, retail centers and apartment homes.The real estate market in Qatar has continued to post massive growth which occurred in the tail end of 2014 (BMI Research, 2014).
The Government has plans to expand real estate business due to some prospects and developments which include the 2020 world cup and 2030 vision programme which are key to the expansion of the sector (BMI Research, 2014). The Qatar Construction Specifications set new mandates to all buildings being constructed that they should be wind-proof and seismic, have entry and exit points for people with special needs, and that the walls should provide adequate sound and heat protection. The stipulations also, take into contemplation the quality of construction materials and age of the building (BMI Research, 2014).
Nevertheless, the construction debris should be recycled, dysfunctional street lights be replaced and employ the use of energy saver bulbs.Most real estate companies have expanded their production in several countries like Kuwait, Dubai and Saudi Arabia. The City Scape Qatar 2015 is a real estate development and investment galore, which will be unveiled on May, 11 will be a key role in investment opportunities (BMI Research, 2014). Real estate rentals in Qatar is considered to be the third most expensive in the world after Singapore and Hong Kong.
This is per Numbeos Cost of Living Index 2015 (Online Qatar, 2015).ReferencesBMI Research.(2014).Qatar Real Estate Report. Retrieved from http://store.bmiresearch.com/qatar-real-estate-report.htmlGulfBase.(2015). Retrieved from http://www.gulfbase.com/search-news/real-estate/2015/5/3/15/0Online Qatar.(2015). Qatar Real Estate News: Qatar property rentals third most expensive in the world. Retrieved from http://www.onlineqatar.com/property/1508-Qatar-property-rentals-third-most-expensive-in-the-world.htm
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