U.A.E.: Abu Dhabi to invest Dh30b in real estate.

(From The Emirates)

Abu Dhabi Government has finalised chalking out a major construction plan investing a round Dh30 billion to build between 36-40 residential and commercial towers in the coming few years, according to a reliable government source familiar with the development. The Abu Dhabi Real Estate and Property market has witnessed remarkable surge with a lot of investors and government planning huge deals in the last few month, said the source.

Asked about the time when the project will start and the approximate period of completion, he said: "We are not in a hurry we are at the studying stage to see the viability and feasibility of the project, …