Indian buyers warned: Using international credit cards for Dubai property payments, violates RBI rules | World News

Indian buyers using international credit cards for Dubai property risk violating FEMA, bypassing RBI’s $250,000 LRS, and facing penalties/Representative Image Indian buyers investing in overseas real estate, particularly in Dubai, have been cautioned against using international credit cards (ICCs) for down payments. Such transactions can violate Indian foreign exchange laws and attract serious legal and […]

UAE: What is real estate tokenization? Dubai’s Prypco sells out Dh1.75 million tokenized villa in under 5 mins | World News

Tokenized real estate is projected to make up 7% of Dubai’s property market by 2033, with an estimated value of Dh60 billion/ Representative Image Prypco Mint sold a tokenized Dubai villa worth Dh1.75M in under five minutes to 169 investors. Real estate tokenization enables fractional ownership, offering secure, low-barrier access via blockchain. Tokenized assets could […]

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