Home RSS
Real Estate
Cars

Regulatory body ‘crucial’ for real estate

Sarmad Qazi gulf-times
Reinaldo: MD

Reinaldo: MD


Qatar needs to have a real estate regulatory authority if it is to welcome international firms in the industry, says an official of global real estate brand Fine & Country.



Speaking to Gulf Times at the fourth Qatar International Real Estate & Investment Exhibition (Q-Rex 2009), Fine & Country International Realty managing director Cecilia Reinaldo said that a regulatory body for real estate is “absolutely crucial” to keep “things in control”. 

“It (the body) will control indexes, ensure compliance, monitor regulations, so things do not go out of control, as they did in Dubai. That leaves a lot of people to suffer,” said Reinaldo whose company has just entered the market after joining hands with the Qatar-based Tadmur Real Estate.

A regulator in place, according to her, also strengthens people’s trust and encourages investments. 

Source



Add your comment
  Anonymous comment
Nickname:
Password:
  Remember me on this computer

Title:
Send me by email any answer to my comment
Send me by email every new comment to this article





 
_________________________________________________________________________
 
Disclaimer: The information presented and opinions expressed herein are those of the authors and do not necessarily represent the views of Estates Report and/or its partners.