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real estate
Mumbai-based real estate company to invest Rs 1,200 crores for projects in Ayodhya: How Ram Mandir is boosting economy in UP’s temple town
Ghosh told HT that HOABL is planning to launch 200-250 plots in Ayodhya the next year. These plots are estimated to cost around Rs 1.8 crore plus taxes for a 1250 sq ft plot.
China’s largest property developer Country Garden on the verge of collapse, facing a net loss of 51.5 billion yuan in past 6 months
ANI -
China’s largest property developer, Country Garden, said that it faced a loss of USD 7.1 billion in the first six months of the year, mounting pressure on the Chinese homebuilder already experiencing a financial meltdown, The New York Times (NYT) reported.
China’s property market readying for collapse? As Evergrande files for bankruptcy, another major developer Country Garden looking at 7.6 billion loss
ANI -
One after another, the companies began to crumble as they could not pay their bills. More than 50 Chinese property developers have defaulted or failed to make debt payments in the last three years, NYT reported citing credit ratings agency Standard & Poor’s.
China begins to feel the heat of economic slowdown amid crashing property rates and surging job losses: All you need to know
China is amid an economic slowdown as property rates have crashed and unemployment levels have reached alarming levels.
Aaditya Thackeray pulls a Rahul Gandhi, hails the dangerous politician-builder nexus of Maharashtra in recent faux pass: What he said
The junior Thackeray defended his statement saying that the MVA government in Maharashtra has been able to reduce stamp duty and premiums only because of this nexus.
Income Tax Dept conducts raids at the homes of sisters of Maharashtra Deputy CM Ajit Pawar
Maharashtra Deputy CM Ajit Pawar confirmed that the houses of his three sisters were raided by the Income Tax department
China: Power outages impact production, Evergrande fall out, coal crisis may trigger major economic trouble
Nomura’s Chief China Economist Ting Lu cut his forecast for Chinese GDP growth this year as factories shut down to comply with carbon emissions reduction targets.
ED crackdown on Shiv Sena leader Pratap Sarnaik over NSEL scam, takes possession of 112 properties
The ED had earlier attached the plots. However, Sarnaik had allegedly sold the properties as the attachment details did not show in the records of Revenue Department.
West Bengal: Land attached to Omkarnath Matha encroached in Tarakeshwar, builders threaten Matha chief
As the land the builder had purchased had no approach road, he created a road through the land belonging to the Omkarnath Matha
Finance Minister Nirmala Sitharaman announces ₹25,000 crore alternate investment fund to revive stalled housing projects
Cabinet approves a "Special Window" to provide priority debt for completing stalled housing projects