New York is a great city that has been hollowed out by real-estate speculation, where the conversion of housing to safe-deposit boxes in the sky has pushed out the city’s people and the city’s businesses, who can’t compete with financiers and oligarchs who value property as an investment, rather than as part of the fabric […]
New York’s luxury real-estate market is crashingmore
The depreciation has put more rupees in NRIs’ hands, making properties cheaper for them than they were earlier. As a result, there is an improvement in both inquiries and transactions by NRI in the real estate sector. “The charms to own a property back in their country of origin makes NRIs consider real estate as […]
Real estate transactions, enquiries by NRIs on the rise as rupee depreciatesmore
CHENNAI: Dubai-based private developer DAMAC’s general manager and son of the chairman, Ali Hussain Sajwani visited Amir Mahal, the ancestral residence of the Prince of Arcot, Nawab Mohammed Abdul Ali, to pay a courtesy call to the Prince on his first trip to India. The Dewan to Prince of Arcot, Nawabzada Mohammed Asif Ali, said that the […]
Forging India-UAE property venturesmore
SBI, LIC Housing Finance and Muthoot Home are offering loans for concessional rates for renovating homes to help those affected in the flood-affected state of Kerala. SBI, LIC and Muthoot Home Monday are offering loans on concessional rates for the repair and renovation of homes for flood-affected Kerala. The SBI (State Bank of India) will […]
SBI And LIC Offer Loans At Concessional Rates For Flood Affected Keralamore
The collaboration will leverage Knight Frank India’s property consultancy expertise and Delos’ innovative wellness technologies and programming to advance healthy buildings throughout India. Speaking on the alliance, Shishir Baijal, Chairman and Managing Director, Knight Frank India, said “Economic growth historically has been at the cost of health and happiness of its working population. Our alliance with […]
Knight Frank India, the independent property consultancy today announced that it entered into an MOU with Delos, a wellness real estate and technology firmmore
By Reuters Hong Kong proposed a vacancy tax on empty new homes on Friday in an attempt to discourage developers from hoarding, but analysts expect the measure to have little impact on prices in the world’s least affordable property market. The tax, at 200 % of a newly built unit’s rateable value, which is the […]
Hong Kong will impose vacancy tax on the empty new flatsmore
By Realty Quarter Bureau Mumbai is the most expensive city for expatriates in India, according to a global consulting firm’s Cost of Living Survey, released on June 26, 2018, with Hong Kong topping the list as the world’s costliest city to live. Mumbai has moved up two spots and is listed 55th, higher than cities […]
Mumbai city most expensive for expats: Mercer surveymore
By Realty Quarter Bureau US private equity (PE) behemoth Blackstone Group Lp said it has raised $9.4 billion for two Asia-focused private equity funds, signaling the increasing focus of the global private equity industry on Asia. Blackstone closed its first Asia private equity fund at about $2.3 billion, while it separately raised $7.1 billion for […]
Blackstone Raises $9.4 Bn for Asia Realty and PE Fundsmore
By Realty Quarter Bureau A Dubai-based group, MBM, will support the Maharashtra government’s ambitious Dharavi slum redevelopment project, along with other urban infrastructure initiatives, chief minister Devendra Fadnavis has said The chairman of Dubai-based MBM Group has shown his willingness to support the Dharavi slum redevelopment project, apart from other urban infrastructure initiatives of the state government, […]
Dubai’s MBM developer to support Dharavi slum re-development says state CMmore
By Realty Quarter Bureau The Indian government and the World Bank have signed an agreement for a $500m loan to provide additional financing for the Pradhan Mantri Gram Sadak Yojana (PMGSY) rural roads project. The project includes the construction of 7,000km of all-weather roads, half of which will be built using green technologies, including: Climate vulnerability […]
World Bank Loans India $500m for Rural Road Buildingmore