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property market
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Dubai is flouting biggest taboo of an economy without brakes
By Zainab Fattah | Bloomberg
UPDATED ON NOV 10, 2019 08:41 AM IST
Some developers are already holding off on planned projects. Two of Dubai’s homegrown billionaires are now calling for a pause to new development. Khalaf Al Habtoor, who once added 1,600 hotel rooms to the city through one project, said the market is saturated.
Realty stocks wobble on fears of regulatory, legal risks
By Vatsala Kamat | Livemint, Mumbai
UPDATED ON AUG 23, 2019 11:54 AM IST
The Nifty Realty index tumbled 10.8% since Monday’s close as issues of accounting transparency and governance that brought many companies to book in the post-RERA (Real Estate Regulation and Development) Act, 2016, continue to haunt investors in realty stocks.
Ghaziabad: GDA flats and group housing plots to cost lesser
By Peeyush Khandelwal | Ghaziabad
UPDATED ON AUG 02, 2019 07:01 PM IST
The officials said the cost will be brought down by reducing the supervision and administrative charges — 15% each, added to the total cost of land and construction.
Hong Kong’s love of property not dimmed by massive protests
By Shawna Kwan | Bloomberg
UPDATED ON JUN 18, 2019 01:19 PM IST
Prolonged protests are unlikely to prompt a collapse of Hong Kong’s home prices, as some potential buyers should regain confidence after the government suspended the extradition bill.
Homeowners in India roll up sleeves to complete unfinished flats
By Dhwani Pandya and Pooja Thakur | Bloomberg
UPDATED ON APR 25, 2019 03:24 PM IST
India’s property market is struggling to digest some $65 billion worth of projects in various stages of completion -- or, in many cases, non-completion.
Poetry can provide us solace from life’s relentless pressures
By Mark Tully
UPDATED ON DEC 02, 2018 05:25 PM IST
One’s home is one place where we can abdicate from today’s barbarity. Provided, of course, we don’t regard our homes as assets accruing value in the property market, writes Mark Tully.
Ludhiana village prohibits entry of illegal mining vehicles
By Mohit Khanna | Hindustan Times, Ludhiana, Ludhiana
UPDATED ON OCT 24, 2018 11:56 AM IST
The signboard, installed at the entry point of the village, states that a fine of Rs 5,000 will be imposed on trucks, tractor-trailers and tippers found using the village road for transporting sand illegally.
Hedge fund titans who bet big on Indian real estate now say they were scammed
By Olivia Carville, Anto Antony and Jeanette Rodrigues | Bloomberg
UPDATED ON JUL 26, 2018 02:55 PM IST
Not only has India’s property market fizzled, but hedge funds like Axon and CIFF now say they are victims of a massive fraud orchestrated by Ireo co-founder Lalit Goyal -- allegations that Goyal and Ireo have denied.
Blackstone’s one-of-a-kind India IPO confronts rising interest rates
By Rahul Satija, Dhwani Pandya and Anto Antony | Bloomberg
UPDATED ON JUN 20, 2018 03:03 PM IST
Blackstone and local partner Embassy Group plan to file a prospectus for an initial public offering of the REIT as early as next month, a deal that may raise as much as $1 billion, people with knowledge of the matter said