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Representative Image LONDON: London’s Canary Wharf financial district plans to cut chunks out of one of its tallest office towers once banking giant HSBC moves out, in one of the highest profile redevelopment projects yet to repurpose office buildings since the pandemic. Qatar’s sovereign wealth fund the Qatar Investment Authority (QIA), which owns the 45-floor …

London’s Canary Wharf plans to reshape HSBC tower in overhaul, – Homevior Read More »

Representative Image BEIJING: China will hasten work on restruturing its property industry to stamp out previous features such as high debt, turnover and leverage, a senior party official for financial and economic affairs said on Friday. It is necessary to establish a basic system of financing, taxation and land sales compatible with the development of …

China to hasten restructuring work model for real estate industry, – Homevior Read More »

Representative Image BENGALURU: A delegation from the Kolhapur Municipal Corporation (KMC) visited the Bruhat Bengaluru Mahanagara Palike (BBMP) on Friday to gain insights into the property tax software and the ongoing digitization of municipal assets. Led by KMC Commissioner Manjulekshmi, the delegation was welcomed by BBMP Joint Commissioner Lakshmidevi at the BBMP central office. The …

Kolhapur civic body’s delegation studies BBMP’s property tax software & digitization efforts, – Homevior Read More »

File Photo PORVORIM: To ensure verification migrants’ details staying on rent in the state govt will introduce The Goa Verification of the Tenant Bill 2024 in the next session of the Goa legislative assembly, said chief minister Pramod Sawant. He said that stringent clauses, including fines will be introduced to deter property owners for not …

Government will introduce tenant verification bill in next assembly session: Goa CM, – Homevior Read More »

File Photo STOCKHOLM: Finnish elevator maker Kone on Friday reported a smaller than expected rise in second-quarter operating profit and slightly narrowed its full-year profitability projection. CEO Philippe Delorme said that the Chinese property market had remained very challenging, leading to a significant decline in orders and sales in the company’s China New Building Solutions …

Kone posts operating profit of $365 million in Q2 2024, , – Homevior Read More »

Representative Image Blackstone backed Aadhar Housing Finance Limited (AHFL) is expecting over 20% increase in order book and disbursement in home loan for low-income housing as the upcoming budget is likely to give push to housing for all. Rishi Anand, MD and CEO of the company said that it has requested the government to redefine …

Aadhar Housing Finance expects 20% increase in disbursement, – Homevior Read More »

Representative Image BENGALURU: State-backed Sino-Ocean Group has reached an agreement with some of its creditors to restructure offshore debt worth $5.64 billion, the Chinese real estate developer said on Thursday. The Beijing-based company will issue a new U.S. dollar-denominated term loan facility and notes worth $2.2 billion to its creditors, according to the proposal. The …

China’s Sino-Ocean enters deal to restructure $5.6 billion offshore debt, – Homevior Read More »

File Photo Residents in White Rose Layout face poor road conditions, with dust in summer and slush during monsoons. Despite complaints, authorities have not resolved the issues Approximately 50 families living in White Rose Layout near Hope Farm Junction, Whitefield, within the Mahadevapura Assembly constituency, are facing significant issues due to inadequate road infrastructure. The …

Residents in White Rose Layout face poor road conditions, – Homevior Read More »

Representative Image NEW DELHI: Uttar Pradesh real estate regulatory authority (UP-RERA) has now assigned a unique QR code to every new projects being registered with it and to every project with live or valid registration. Buyers can scan this code to get all the details of the project from the portal of UP-RERA and verify …

Promoters must publish project QR codes in every brochure & advertisement: UP-RERA, – Homevior Read More »

NEW DELHI ASK Property Fund, the real estate private equity arm of ASK Asset & Wealth Management Group, has invested Rs 190 crore in a project being developed by Kalpataru. The project is an upper mid-segment project, located in Borivali West, Mumbai, comprising 310 units and is spread across six acres with a total saleable …

ASK Property Fund invests Rs 190 crore in Kalpataru project, , – Homevior Read More »