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Tuesday, April 23, 2024
TopicReal estate

Topic: real estate

Vietnam real estate tycoon sentenced to death for her role in $12 billion fraud case

Truong My Lan, chairwoman of real estate developer Van Thinh Phat Holdings Group, was found guilty of embezzlement, bribery and violations of banking rules

ED attaches assets worth Rs 124 cr linked to M3M group in Religare Finvest money laundering case

ED says M3M sold overpriced shares amounting to Rs 726 crore to another company, which borrowed from Religare Finvest & M3M partners received Rs 500 crore as crime proceeds.

China’s property giant Country Garden faces liquidation petition, deepening crisis in real estate sector

In a filing in the Hong Kong Stock Exchange Wednesday, the company announced that one of its creditors, Ever Credit Ltd., had filed a winding-up petition in the high court over non-payment of $204 million.

State-run NBCC coming up with 13,000 apartments at Amrapali’s vacant plots in Greater Noida

Construction will start in June at Centurian Park, Golf Homes, Leisure Park, Leisure Valley, and Dream Valley — all located in Tech Zone-IV sector.

Bengaluru, Mumbai among top 10 Asia-Pacific cities which saw highest rise in home prices in 2023

The report noted that 21 cities in APAC region recorded either positive or stable growth in the second half of 2023. Singapore topped the list with a y-o-y growth of 13.7 percent.

NBCC ventures into major govt development projects outside Delhi with Rs 2,650-cr Kochi complex

Commercial-cum-residential project in Kochi to be developed on a 18-acre land parcel for Kerala State Housing Board. Work is expected to begin in June.

What explains high housing prices in India? ‘Lack of credible land use planning, shadow economy’

Paper published by New Delhi-based think tank Centre for Social and Economic Progress looks at dataset of past 30 yrs to suggest ways to make housing in India more affordable.

Amid unfolding real estate crisis in China, property giant Country Garden defaults on dollar bond

Country Garden has reportedly defaulted on $15.4 million dollar bond interest payment, a first. This comes 2 months after the Evergrande Group filed for bankruptcy.

Why China is facing headwinds from all directions, real estate crisis to sluggish bank growth

China’s property sector is grappling with huge losses, manufacturing has been shrinking, and youth unemployment hit a record high in June. ‘Economy progressed too fast,’ expert says.

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On Camera

Influencer is a real job. They are shaking up the internet

The reach and impact of influencers are so significant that even politicians such as Prime Minister Narendra Modi have recognised their value—the National Creators Award is proof.

Economists vs statisticians — the battle being fought over the soul of India’s GDP data

Economists say there are weaknesses in India’s GDP data. But statisticians claim the accusations are based on flawed understanding, saying while GDP has problems, the economists are looking in the wrong places.

‘No brides for Agniveers’: In Rajasthan’s ‘Shaheedon ki nagri’, few takers for defence coaching centres

Coaching centres for Army aspirants in Jhunjhunu are shutting down due to plummeting admissions in the face of a lack of job guarantees under Agnipath Scheme.

These 6 states are key for Modi’s ‘400 paar’ target. They’re also where Opposition can stop him

While this contest looks so predictable in large swathes of our political landscape, it is also more keenly contested than 2019 in some states.