China’s new home prices stall for first time since COVID-19

File Photo BEIJING: China‘s new home prices stalled for the first time since February 2020 in September, as the chill in the property market intensified amid tightening credit due to an ongoing crackdown on speculative investment. The average new home price in 70 major Chinese cities was unchanged in September month-on-month, compared with 0.2% ...
October 20, 2021

SWAMIH Investment Fund invests ₹136 cr in Janapriya project

SWAMIH Investment Fund 1 has invested ₹ 136 crore in Janapriya Lakefront and Sitara Projects, which are being taken up at an estimated cost of ₹ 150 crore. The Special Window for Completion of Construction of Affordable and Mid-Income Housing Projects (SWAMIH I) is a Government-backed last mile financing platform for affordable housing. “With ...
October 20, 2021

J&K signs MoU with Dubai to develop real estate, industrial parks

The Jammu and Kashmir administration has signed a Memorandum of Understanding (MoU) with the Government of Dubai for development of real estate, industrial parks, IT towers, multipurpose towers, logistics, medical college and super specialty hospitals. This MoU is a milestone following which investment are likely to pour in from other countries across the globe, ...
October 18, 2021

Minister tells officials to note demands for rehabilitation of Chikhali, Ambewadi residents

KOLHAPUR: The long wait of the flood-affected residents of Chikhali and Ambewadi villages for permanent rehabilitation is likely to end soon. Satej Patil, the district guardian minister, has instructed the authorities to take note of the villagers’ demands, especially related to the plot requirement for permanent settlement. Patil has visited both the villages several ...
October 18, 2021

Trimble leases three lakh sq ft office space in Chennai

Representative Image Construction technology provider Trimble has leased about 300,000 sq ft office space at Varalakshmi IT Park in Chennai, in the biggest deal in the city this year, said three people aware of the development. The Nasdaq listed company has expanded its presence in the city with the new office space. Among India’s ...
October 18, 2021