Muscat: Statistics from the National Centre for Statistics and Information (NCSI) highlighted a growth across multiple facets of the market. The fees collected for all legal transactions amounted to RO 56.7 million, reflecting a 2.1 percent increase year-on-year.
The traded value of sale contracts rose by 2.9 percent, reaching RO 913.4 million for 56,259 contracts, marking a 2.1 percent increase in the number of contracts. Mortgage contracts saw a dramatic boost, with their traded value jumping 47.9 percent to RO 2.018 billion across 17,187 contracts. Meanwhile, exchange contracts totaled 1,135, valued at RO 11.7 million.
However, the total number of issued properties decreased by 3.3 percent to 191,871 by the end of October 2024. In contrast, properties issued to Gulf Cooperation Council (GCC) citizens saw an 8.3 percent rise, totaling 1,209 properties.
India Union Budget was sector diversified and considering the increasing global economic challenges, the India…
MUSCAT: The ‘Who’s Who of Oman Indian s’, which will include detailed information on prominent…
By Joseph Maliakan The Muslims and the nomads in the Himalayan state of Uttarkhand which…
By Joseph Maliakan The Supreme Court on 29 December 2025 in an unprecedented but welcome…
With the overall GDP valued at USD 4. 18 trillion, India has surpassed Japan to…
By Joseph Maliakan The new Bill introduced by the Union government , Viksit Bharat -…
This website uses cookies.