Real estate developers should not fall into the 'trap of investors’ as this could affect their cash flows and result in projects getting stalled, Anand Kumar, chairman, Real Estate Regulatory Authority for NCT of Delhi and Chandigarh said that the CII Conference on ‘Evolving Landscape of Indian Real Estate: Trends and Future Outlook’ held in the Capital. Real estate developers should not...
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DUESSELDORF (Reuters) -Thai retailer Central Group has acquired the landmark KaDeWe property in central Berlin from the insolvent Austrian company Signa in what it said was another step towards buying the group. Thai retailer Central Group has acquired the landmark KaDeWe property in central Berlin(Pixabay) Central said in a statement on Friday that it was optimistic about talks to acquire...
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(Bloomberg) -- Canadian home sales were basically flat and prices dipped in March, a sluggish beginning to a spring market that some analysts believe will pick up soon as the Bank of Canada moves closer to cutting interest rates. Canadian home sales were basically flat and prices dipped in March, a sluggish beginning to a spring market. (Picture for representational purposes only)(Pixabay)...
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Around 8 million square feet of retail supply is expected to hit the market this year. Over a third of the inventory is anticipated to be in superior category malls and nearly half is likely to be in Hyderabad, a new report by Cushman & Wakefield has said. Around 8 million square feet of mall supply is expected to commence operations across the country this year (PTI) The report further...
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By Market Capitalisation. Net Sales. Net Profit. Total Assets. Excise. Other Income. Raw Materials. Power & Fuel. Employee Cost. PBDIT. Interest. Tax. EPS. Investments. Sundry...
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The value of the Indian real estate sector will touch an estimated $1.5 trillion, constituting 15% of the total economic output by 2034. The residential market is expected to lead with a value of $906 billion, followed by the office sector contributing $125 billion, a report titled ‘Indian Real Estate: A Decade from Now’, Knight Frank India, in association with the Confederation of Indian Industry...
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Work on housing quarters at Netaji Nagar — under a redevelopment project to be undertaken by public sector enterprise NBCC — is expected to start by June and will be completed in seven phases, officials aware of the matter said. While the total area under the project is about 445,154 square metres (110 acres), Netaji Nagar originally comprised around 2,700 old quarters with an approximate...
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The Noida authority has directed 42 of the 57 realtors to pay their dues and obtain permission for executing registry, thereby offering relief to homebuyers who have been waiting for long to transfer flats to their names. The Noida authority said in the meeting, it was confirmed that 42 of 57 realtors have given their consent to make payment of their respective dues in stalled housing projects....
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Top Vietnamese property tycoon Truong My Lan- chair of major developer Van Thinh Phat- was sentenced to death over her role in a 304 trillion dong ($12.46 billion) financial fraud case. Truong My Lan is accused of taking cash from Saigon Commercial Bank (SCB) for over a decade. She faced charges ranging from bribery, abuse of power, appropriation and violations of banking law. Truong My Lan is...
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The industrial and logistics sector witnessed an absorption of 13.5 mn sq. ft. in Q1 2024 compared to 11.0 million sq. ft. in Q1 2023, representing 22.7% Y-o-Y growth. Tier I cities witnessed 78% of the absorption, while tier II and III cities accounted for the remaining 22%, a new report by Savills India has shown. The industrial and logistics sector witnessed an absorption of 13.5 mn sq. ft....
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