Realestate
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Vietnam: Real estate tycoon Truong My Lan sentenced to death in massive $12 billion fraud case
World | Apr 11, 2024, 03:22 PM ISTLan, 67, was accused of controlling the Saigon Joint Stock Commercial Bank to illegally siphon off funds and paying bribes to government officials. Vietnam has launched a crackdown on corruption that has seen hundreds of officials and executives prosecuted or forced to step down.
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Additional 6.4 crore homes required by 2036 due to population growth: Report
Business | Jan 09, 2024, 05:03 PM ISTHousing demand remained robust, with over 19,050 RERA registrations observed nationwide, primarily dominated by 45 per cent of projects falling within the residential segment, said the report.
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Private equity investments in real estate decline 26 per cent to USD 2.65 billion in April-December
Business | Jan 09, 2024, 03:17 PM ISTOut of the overall private equity inflow, equity comprised 84 per cent, while the remaining portion was in the form of debt, according to a report from Anarock.
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Karishma Tanna's husband and TV actor Samir Kochhar duped of Rs 1.3 crore, probe underway
Entertainment | Nov 22, 2023, 02:10 PM ISTActress Karishma Tanna, along with her husband Varun Bangera and actor/TV presenter Samir Kochhar, has lodged a complaint against a couple who operate a real estate development firm. The complaint alleges that the couple defrauded them of Rs 1.3 crore.
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Realty space emerging as new investment avenue amid shifts in demand
Business | Sep 28, 2023, 11:43 PM ISTThe trends are redefining how investors view and approach the market. Additionally, shifts in demographics and consumer preferences are influencing the types of properties in demand.
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Pakistan: 95 million people living under poverty as living standards fall, reveals World Bank
World | Sep 23, 2023, 04:25 PM ISTAccording to the World Bank, Pakistan's poverty levels shot up from 34.2% to 39.4% since last year, showing that its economic model is unable to ease its poor economic conditions.
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China: Police detain employees of cash-strapped real estate developer Evergrande amid crisis
World | Sep 17, 2023, 06:38 PM ISTThe real estate crisis in China exacerbated by Evergrande's failure to pay over $340 billion in debts has raised concerns of impacting global economy.
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Australia: Real estate agent suspended for sending racist email to former Indian tenant in 2021
World | Sep 03, 2023, 03:40 PM ISTThe mail was sent by Mavin Real Estate director Bronwyn Pollitt in 2021 in which she described the "overcrowded, overpopulated and dirty squaller" of many countries.
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Central committee proposes several measures to provide relief to homebuyers in UP. Read here
Uttar Pradesh | Aug 04, 2023, 04:34 PM ISTThe central committee led by former Niti Aayog CEO Amitabh Kant has recommended the three authorities in Uttar Pradesh- Noida, Greater Noida and Yamuna Expressway - to allow registry of flats even if dues are not cleared by developers.
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Real estate sector continues to thrive despite global slowdown, boosting India's growth
Business | Jul 08, 2023, 06:51 AM ISTAmid rise in demand in post-pandemic era, the commercial property investment has witnessed rise in popularity among investors trying to diversify their portfolios and generate consistent income streams.
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Flats registry won't stop even if builder goes bankrupt, Modi government's big step for home buyers
Business | May 31, 2023, 04:04 PM ISTAccording to a report by research firm Grant Thornton, 518 real estate companies out of 2,298 registered in India are facing insolvency which sums up to 23%. At the same time, out of 611 filed bankruptcy cases, only 78 have been settled.
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Investments in 2023-24: Residential vs Commercial Real estate, where to invest for higher returns?
Business | May 16, 2023, 06:05 PM ISTInvestments in 2023-24: Money utilized in real estate and possessions is regarded as the best investment decision due to its guaranteed, dependable, and unquestionable earnings and greater return on investment.
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UP RERA takes stern action aginst defaulter developers, to auction properties on May 29
Business | May 11, 2023, 12:54 PM ISTIn the first phase, 38 flats and shops are likely to be auctioned on May 29.
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Faridabad emerging as major real estate hotspot; top developer launches new project in town
Business | Mar 30, 2023, 02:42 PM ISTFaridabad is growing at a staggering pace and the region is becoming a thriving hotbed of commercial activities in the NCR market. Recently, the Haryana government has marked Faridabad and Gurgaon as A-1 cities.
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How technology is redefining home-buying in India - Explained
Business | Mar 03, 2023, 06:08 PM ISTIndia’s commercial real estate (CRE) market has really grown stronger with the increasing occupier interest. Additionally, the rise of small and medium real estate land developers and a segment of institutional capital have acted as catalysts for the sector.
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Housing prices across top 8 cities last year rose by 7%: Report
Business | Feb 07, 2023, 08:21 PM ISTAs per Real Insight report, Gurugram had the biggest price increase of almost 13%, followed by Bengaluru and Delhi-NCR saw price increases of 9%.
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Commercial vs residential: Where to invest in 2023 for better returns?
Personal Finance | Feb 06, 2023, 12:57 PM ISTBefore making a decision, investors must consider all aspects such as budget, connectivity, rent, maintenance, operating costs, tenant availability, and market conditions.
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What’s in store for real estate in the upcoming Union Budget 2023?
Budget | Jan 27, 2023, 05:28 PM ISTThe growth of the real estate sector creates myriad opportunities like creating employment, improving the lifestyle of the people, attracting foreign investments, etc. The sector painted a positive picture in 2022, showing signs of revival in spite of the pandemic.
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Want to become real rich in 2023? Here is what experts suggest
Business | Jan 18, 2023, 01:03 PM ISTNot everyone is fortunate enough to win the lottery or inherit a large sum of money, the less fortunate among us must seek alternative means.
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China's economy grew 3% last year, not even half 2021's rate
World | Jan 17, 2023, 08:27 AM ISTGrowth of the world's second-largest economy slid to 2.9 per cent over a year earlier in December from the previous month's 3.9 per cent, government data showed Tuesday.