Construction

Green mortgages set to take off as US makes homes fit for future

Green mortgages set to take off as US makes homes fit for future

By Carey L. Biron With billions of dollars in US federal subsidies soon expected to start flowing in a push to make housing more sustainable, some experts expect interest in green mortgages to boom.(Pixabay) WASHINGTON, April 2 (Thomson Reuters Foundation) - Jules Fishelman had ambitious plans to green up his century-old home in Burlington, Vermont, but the cost and logistics felt...

Washington office building sold at 75% discount: ‘US real estate on fire sale’

Washington office building sold at 75% discount: ‘US real estate on fire sale’

A Washington DC office building was sold at a massive 75 per cent discount, a real estate entrepreneur said. Sharing details of the building, he said that the 175k sq ft tower at 1101 Vermont Avenue was sold for $16 million. The building was last sold for $60 million in 2006, he shared adding that the building's assessed value in 2018 was $72 million in 2018. The entrepreneur also claimed that...

Railways may lease out land to real estate developers in Delhi, Mumbai and Bengaluru | Latest News India

Railways may lease out land to real estate developers in Delhi, Mumbai and Bengaluru | Latest News India

India’s largest landowner, the Indian Railways, has identified 341.93 hectares of prime land across the country which will be given out to private developers on a 90-year-lease, and from which the railways hopes to generate ₹5000 crore. In 2023-’24 the railways recorded a marginal surplus of ₹2,210 crore. In Mumbai, 19.22 hectares of railway land has been transferred for the Dharavi...

Delhi-NCR real estate market: 5 things you need to know about registration of flats in Noida and Greater Noida

Delhi-NCR real estate market: 5 things you need to know about registration of flats in Noida and Greater Noida

Noida authority has said that it has given permission for the registry of a total of 13,639 apartments after real estate developers of 35 housing projects gave their consent to clear their financial dues. To obtain permission for registry of ready apartments, developers have agreed to pay ₹552 crore worth of financial dues that is 25 percent of total dues of ₹2000 crore. Noida authority has...

Here’s why some Bollywood stars prefer renting apartments in Mumbai rather than buying them

Here’s why some Bollywood stars prefer renting apartments in Mumbai rather than buying them

Bollywood actor Imran Khan and his girlfriend Lekha Washington recently leased a flat in Mumbai’s Bandra area from film producer Karan Johar at a monthly rent of ₹9 lakh for three years. Bollywood actor Imran Khan and his girlfriend Lekha Washington recently leased a flat in Mumbai’s Bandra area from film producer Karan Johar at a monthly rent of ₹9 lakh for three years.(IANS) Besides...

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