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2024

Fractional ownership market expected to surpass  bn by 2030

Fractional ownership market expected to surpass $5 bn by 2030

The Indian fractional ownership market is currently estimated at around $500 million and is expected to grow 10 times in the next five years to surpass $5 billion of Asset Under Management (AUM) by 2030, according to an analysis by JLL and Propshare. The Indian fractional ownership market is currently estimated at around $500 million and is expected to grow 10 times in the next five years to...

Property elite head to Cannes without much to celebrate

Property elite head to Cannes without much to celebrate

(Bloomberg) -- As real estate’s great and good gather in Cannes for Europe’s biggest annual property event, there are a growing number of notable absences. New faces will be representing some of the big names – now troubled names – from the world of real estate at the annual Mipim conference that starts Tuesday in Cannes. (Picture for representational purposes only)(Pixabay) The end...

Over 4800 properties registered in Kolkata in Feb 2024

Over 4800 properties registered in Kolkata in Feb 2024

As many as 4,806 apartments were registered in Kolkata Metropolitan Region in February, a 306% month-on-month (MoM) growth, after a slowdown in property registrations in January 2024 due to the pausha period, data accessed from the Directorate of Registrations and Stamps Revenue, government of West Bengal, showed. As many as 4,806 apartments were registered in Kolkata Metropolitan Region in...

Karnataka launches new property tax policy for Bengaluru | Latest News India

Karnataka launches new property tax policy for Bengaluru | Latest News India

Bengaluru: Deputy chief minister and Bengaluru urban development minister DK Shivakumar on Monday released the new property tax collection system which will be implemented from April 1. DK Shivakumar (ANI) According to Bruhat Bengaluru Mahanagara Palike (BBMP) and the state government, the new system is intended to simplify and rationalise the taxation process while also boosting revenue for...