2023

A few days ago, Adar Poonawalla, CEO of Serum Institute of India that manufactures the Covishield vaccine, reportedly closed a deal to buy London’s most expensive house of the year worth approximately ₹1446 crore. He agreed to pay the amount for a 25,000 square foot Mayfair mansion, Aberconway House which is a 1920s home near Hyde Park. Besides Poonawalla, there are several UHNIs who have made the...

Real estate developers' body National Real Estate Development Council (NAREDCO) has recommended to the finance ministry to come up with the second tranche of the Special Window for Affordable and Mid-Income Housing (SWAMIH) fund with a corpus value of ₹50,000 crore in the upcoming budget for the financial year 2024-2025, saying the move is expected to benefit both home buyers as well as the...

The City and Industrial Development Corporation of Maharashtra's (CIDCO) `Maha Nivas’ housing scheme for parliamentarians, legislatures, judges and bureaucrats has elicited a good response with 457 applications coming in for around 350 flats on offer along the much sought after Palm Beach road in Navi Mumbai. CIDCO's `Maha Nivas’ housing scheme for parliamentarians, legislatures, judges and...

India climbed 18 spots up to 14th rank in the global house price index in Q3 2023. Home prices in the country increased 5.9% year-on-year in the third quarter of 2023, according to the Knight Frank’s Global House Price Index. Home prices in India increased 5.9% year-on-year in the third quarter of 2023, according to the Knight Frank’s Global House Price Index.(Photo by Sunil Ghosh /...

Investor wealth, reflected by the total market cap of BSE-listed companies, rose by Rs 2.78 lakh crore today taking the overall valuation to Rs 357.80 lakh crore. Today#39;s gain was on top of the nearly Rs 4 lakh crore gain in the previous session Source link...

Gold prices soar past $2,000 as US yields tumble on back of Fed hinting at rate cuts 2024 onwards Investor enthusiasm over the US Federal Reserve's dovish position sets the stage for a multi-year upswing in gold. Bullion saw a surge in response to the Fed's indication of three rate cuts in 2024. On the home...

Gold prices soar past $2,000 as US yields tumble on back of Fed hinting at rate cuts 2024 onwards Investor enthusiasm over the US Federal Reserve's dovish position sets the stage for a multi-year upswing in gold. Bullion saw a surge in response to the Fed's indication of three rate cuts in 2024. On the home...

The Thane Municipal Corporation has finalised two plots admeasuring 45,902 sq m in Betawade area between Diva and Dombivli for a low cost housing project for project affected people and economically weaker sections under the Pradhan Mantri Awas Yojana (PMAY). HT Image The civic body, which acquired the two government plots from the Thane Collector admeasure 37,302 sq m and 8,600 sq m, will...

Housing sales across the top seven cities is expected to cross the ₹4.5 lakh crore mark in 2023 - 38% higher than the total sales value of entire 2022, which saw ₹3.27 lakh crore worth of homes sold, a report by Anarock has said. Housing sales are estimated to rise 38 per cent annually to ₹4.5 lakh crore this year across seven major cities on higher volumes, price rise and more demand for...

Gold prices soar past $2,000 as US yields tumble on back of Fed hinting at rate cuts 2024 onwards Investor enthusiasm over the US Federal Reserve's dovish position sets the stage for a multi-year upswing in gold. Bullion saw a surge in response to the Fed's indication of three rate cuts in 2024. On the home...