Tuesday, 29 November, 2022
TopicResidential property market

Topic: Residential property market

‘Win for middle-class’: Smiles & laddoos for all at Emerald Court after SC Supertech order

Supreme Court Tuesday ordered the demolition of two under-construction towers at Supertech's Emerald Court complex, ruling them illegal and against residents' rights.

How builders like Parsvnath sold ‘affordable’ homes dream and turned it into a nightmare

12 years after last booking was made, just 3 out of 20 residential towers at Parsvnath Privilege stand completed. The firm has been silent on 832 unfinished flats.

India’s top 8 cities see sales of homes, leasing of offices sink to lowest in a decade

Commercial office space, which was the only bright spot in India’s otherwise struggling property market this decade, has seen vacancy rise to 14.1% from 12.7% a year ago.

Indiabulls sees opportunity in the cash crunch of residential property market

The fund manages $580 million and has shifted its focus to office buildings after demand for homes waned.

On Camera

YourTurn

Former Pakistani Army Chief Qamar Javed Bajwa | ISPR/Twitter

On my last day as Pakistan Army Chief, I leave Asim Munir with bigger problems than my billions

Does Indian Army Chief Gen Pande have no interest in making CPEC, cheese pizza economic corridor? I suggest him this corridor against China. Learn from us.
Representational image of workers at a construction site | ANI

GDP data this week will indicate FY23 outlook. But analysis shows growth still below pre-Covid yrs

Analysis of industrial & consumer data not included in usual ‘high-frequency indicators’ shows although demand seems to have recovered from pandemic, it remains weak.

Defence

Illustration: Soham Sen | The Print

Modi govt moves with Arunachal Frontier Highway, among India’s ‘toughest’ projects yet, China in mind

The 2,000 km-long highway will be of strategic importance to military. Same equipment used on other side of LAC being deployed to carry out work on tough terrain, say officials.

A Gujarat gamble: A likely reason Rahul is not giving Modi a fight this assembly election

I'd rather not buy idea that Rahul's holding his fire until 2024. More likely, Congress believes Karnataka offers best chance of winning a Gujarat-sized state if Gujarat is too challenging.