the past five years, the foreign investors have infused USD 4 billion annually in the Indian Real Estate business, a recent report by property consulting firm Colliers said.
The office sector continued to be the most significant contributor for 2023 with a 56% share in total inflows.
Real estate investment is one of the best investments in the current times provided you choose the right property.
The Covid-19 pandemic shook the Chinese travel industry, as it did the world’s. But despite the easing of pandemic restrictions – and a global tourism rebound – Chinese tourists have been slow to return to the global skies.
Housing has witnessed a downfall in sales for the first half of 2023 shrinking to 20 per cent, a report…
Although Evergrande’s debt is large at RMB2 trillion (US$300 billion), its financial debts account for around a third of its total liabilities with a diversified creditor structure. The larger amount owed outside the banking sector is due to the peculiar funding structure of the Chinese real estate model.
According to the Central Board of Direct Taxes (CBDT), a large number of incriminating evidence in the form of documents, diary notings and digital data showing earning of huge unaccounted income by the group and its investment in assets have been found and seized.
The conflict between builders and home buyers in Greater Noida has been a pressing issue for the last few years amid delays in the delivery of several housing projects which has affected thousands of investors.
Homebuyers are also looking to upgrade to bigger spaces for reasons of safety and this is fueling demand in the real estate sector making it the best time to buy property.
Repurposing existing buildings is also a sustainable and cost-effective alternative to building anew -- adaptive reuse and conservation projects allow us to convert uninhabitable spaces into habitable ones and preserve built heritage.
