Khalid Bin Ahammed company issues 600,000 shares worth OMR 1 at a price of OMR 1.200 per share. How much amount of share premium to be recorded in the share capital account? OMR 600,000 None of these OMR 120,000 OMR 720,000

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Real Estate

Real estate means ownership of land along with the assets and natural resources that exist on the land. These properties are in real/physical form which is tangible. Real estate simply means land or addition made to land permanently like constructing a residence or different buildings. People invest in real estate to either reside or for wealth creation. Many people investing in real estate further lend the place for occupation or businesses in return for a monthly payment.