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
By Realty Quarter Bureau Indonesia and India pledged to step up defence and maritime cooperation, with plans to develop a strategic Indonesian naval port in the Indian Ocean, the leaders of the two countries said after meeting in Jakarta. Indonesian President Joko Widodo met Indian Prime Minister Narendra Modi to discuss, among other issues, developing […]
Indian Ocean Port to be developed with help of Indonesiamore
By Realty Quarter Bureau India’s leading real estate services firm ANAROCK Property Consultants today announced its partnership with HVS, the global hospitality sector leader. As a new business vertical under the ANAROCK Group, HVS ANAROCK will focus on brokerage, feasibility studies, operator searches, appraisals, executive search and other hospitality sector consulting and advisory services throughout South Asia. Anuj Puri, […]
HVS and ANAROCK join forces to tap into India’s $210 bn hospitality marketmore
By Realty Quarter Bureau An Indo-Pacific trilateral infrastructure forum has been launched here to find new, creative and efficient ways of leveraging the power of the private sector in India, the US and Japan to fill the massive gap in infrastructure and connectivity in the region reports PTI. Launched by the US Chamber of Commerce’s […]
Indio-Pacific Infrastructure Forum Launchedmore
By Realty Quarter Bureau India finally kicked off the construction of the 109-km road project that connects Paletwa river terminal to Zorinpui on the Mizoram border in Myanmar, as part of the $484-million Kaladan Multimodal project. But completing it by2019 will be a herculean task. The Rs 1,600-crore road project that passes through dense forests […]
Mizoram –Myanmar Kaladan Road project worth Rs 1600crore takes offmore
By Realty Quarter Bureau To provide seamless vehicular movement for enhancing trade, business, health, education and tourism between Indian, Myanmar and Thailand, the National Highways Authority of India has signed an agreement for upgradation of Yagyi – Kalewa section of highway (Milepost 40/0 to Milepost 115/5) in Myanmar to two lanes with earthen shoulder. The […]
National Highway Authority signs agreement for its 1st International Projectmore
