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property market

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Two of Dubai’s homegrown billionaires are now calling for a pause to new development.(Bloomberg)

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.
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Realty index tumbled as non-disclosure of facts and income tax raids haunt market leaders.(Bloomberg Photo)
Realty index tumbled as non-disclosure of facts and income tax raids haunt market leaders.(Bloomberg Photo)

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.
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The officials of the Ghaziabad Development Authority (GDA) have decided to lower the price of unsold as well as new flats in their housing schemes with retrospective effect. (Photo by Sakib Ali / Hindustan Times)
The officials of the Ghaziabad Development Authority (GDA) have decided to lower the price of unsold as well as new flats in their housing schemes with retrospective effect. (Photo by Sakib Ali / Hindustan Times)

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.
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While the city was overwhelmed by an unprecedented protester turnout on Sunday , market watchers are confident about the outlook for the property market.(AP Photo)
While the city was overwhelmed by an unprecedented protester turnout on Sunday , market watchers are confident about the outlook for the property market.(AP Photo)

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.
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Few things illustrate the malaise in India’s property market as starkly as would-be homeowners having to dedicate untold hours to completing the flats they spent years saving up for.(Bloomberg FILE)
Few things illustrate the malaise in India’s property market as starkly as would-be homeowners having to dedicate untold hours to completing the flats they spent years saving up for.(Bloomberg FILE)

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.
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A poetry-reading event in Delhi. Poetry stalls time, makes you stop and go back.(HT Photo)
A poetry-reading event in Delhi. Poetry stalls time, makes you stop and go back.(HT Photo)

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.
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The board has been put up at the entry point of Bains village, 15km from Ludhiana.(HT Photo)
The board has been put up at the entry point of Bains village, 15km from Ludhiana.(HT Photo)

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.
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Dinakar Singh’s Axon Capital piled in to invest in prime real estate in one of the fastest-growing economies on Earth.(Jin Lee/Bloomberg)
Dinakar Singh’s Axon Capital piled in to invest in prime real estate in one of the fastest-growing economies on Earth.(Jin Lee/Bloomberg)

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.
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Signage is displayed outside Blackstone Group LP headquarters in New York, US.(Victor J. Blue/Bloomberg)
Signage is displayed outside Blackstone Group LP headquarters in New York, US.(Victor J. Blue/Bloomberg)

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
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