Representative image LONDON: British insurer and asset manager M&G has bought a majority stake in European real estate investor BauMont, as it prepares to buy up more commercial property in anticipation of a market recovery. M&G told Reuters it had acquired a 65% stake in BauMont Real Estate Capital, an 18-strong property investing team with …
M&G acquires 65% stake in European property firm BauMont, , – Homevior Read More »
File photo BELAGAVI: Govt has initiated digitisation of property records in all urban local bodies (ULBs). However, the process has slowed down due to various reasons, including staff shortage, work pressure, shortage of funds, and technical glitches. Due to this, the public still struggle to get the original property-related documents. To preserve the property records …
Representative image STOCKHOLM: Sweden should ease rules on mortgage borrowing and repayment which have made it harder for new buyers to get into the housing market, a government-appointed commission recommended on Monday. “There is room to ease these measures without undermining financial stability,” the head of the commission Peter England told reporters. The government will …
Sweden government’s commission recommends easing mortgage repayment rules, – Homevior Read More »
PANAJI : The Goa Housing Board has moved to amend the rules and process for the allotment of housing plots through auction. One of the key changes made to the rules stipulates that the board must set the minimum price for a plot based on the minimum land prices fixed by the revenue department. The …
Goa housing board tweaks its rules for homebuyers’ benefit, , – Homevior Read More »
Representative image Shanghai-based property developer Yuzhou Group said on Friday it will raise around HK$12.01 billion ($1.54 billion) while it is in the middle of restructuring its offshore debts. The company will issue 5.65 billion existing shares at HK$2.127 apiece. Yuzhou – one of the many property firms hurt by a slowdown in China’s real …
Yuzhou Group to raise $1.5 billion amid offshore debt restructuring, – Homevior Read More »
Representative image BEIJING: Prices of new homes in China rose at a faster pace in October, traditionally a peak season for house hunting, a private survey showed on Friday, suggesting that recent support measures could be having some early impact in a crisis-hit market. The average price across 100 cities edged up 0.29%, compared with …
New home prices in China rise 0.29% in October 2024, , – Homevior Read More »
Representative image SYDNEY: Home prices in Australia’s two biggest cities fell in October, a sign that the red-hot rally in the housing market is losing steam amid a rise in listings, affordability constraints and expectations that rate cuts are still some way off. Figures from property consultant CoreLogic, released on Friday, showed prices across the …
Home prices in Sydney and Melbourne decline in October 2024, – Homevior Read More »
Representative image CHENNAI: The Tamil Nadu Housing Board (TNHB) has been penalised for imposing 30 excess water fee each month and demanding “mobile water charges,” which were not specified in its rental terms. K Iyappan, a state secretariat employee, had rented a TNHB property in Chennai between Nov 2020 and Oct 2021. During his 13-month …
Chennai Housing Board Fined for Excess Water Charges and Hidden Fees, – Homevior Read More »
Represebtative image The Federal Bank has acquired a large office space spread across five floors in a commercial tower in central Mumbai’s Wadala locality for nearly Rs 330 crore, said persons with direct knowledge of the development. The Kochi-headquartered bank has purchased this office space with a total carpet area of over 1.01 lakh sq …
Representative image NEW DELHI: Delhi Development Authority (DDA) will start booking newly constructed flats under Phase 2 of the Sasta Ghar Housing Scheme on Nov 14. Over 2,500 flats will be offered in Rohini, Dwarka, Mangolpuri, Ramgarh, Loknayakpuram, Siraspur, Narela, and other parts of the city under this scheme. The registration for those who want …
DDA Opens Booking for Affordable Flats under Sasta Ghar Scheme on Nov 14, – Homevior Read More »
