Page 4 - Property Deals

China property market to keep cooling into H1 2022 on tight curbs: Survey

The property sector, a key driver of growth in the world's second-largest economy, has slowed sharply in recent months

An apartment sale in HK sets a new Asia record for most-expensive housing

The apartment on the Peak, a luxury residential area on Hong Kong Island, came with three parking spaces and is measured at 4,544 square feet

Top property developers bet big on office properties as demand rises

Property consultant Colliers expects a fresh office property supply of between 33 and 38 million sq ft every year in the next three years, including the current one

Canada's Brookfield to buy 30-acre land in Navi Mumbai for Rs 600 crore

Real estate experts said the price paid by Brookfield is in line with the market

Second home is where the heart is in times of stress, WFH and Covid-19

The uber rich and corporate exec are buying holiday homes by the hillside, seaside, or retreats closer to their city houses, where they can live and work peacefully amid less noise and pollution

Listed property developers expect better days after first quarter

In FY21, home sales picked up after Q1 because states such as Maharashtra announced stamp duty cuts and banks offered special interest rates

Developers likely to face tough time in office leasing, says study

About 90 million square feet of lease renewals coming up this year, says a report by Anarock

Varde Partners in talks with Embassy to extend Rs 900-crore loan

Varde is also in talks to lend about Rs 1,200 crore to Hyderabad-based Phoenix Group

Godrej Properties raises Rs 3,750 cr via QIP to expand business, buy land

Company has built a portfolio of 50 million sq ft in 30 months and plans 12 projects in the fourth quarter.

Housing sales likely to drop 34% in FY21 in volume terms: India Ratings

Housing sales in volume terms is likely to decline 34 per cent this fiscal because of the COVID-19 pandemic, the report said

PM launches physical distribution of property cards under SWAMITVA scheme

The move will pave the way for villagers to use property as a financial asset for taking loans and other financial benefits

Lenders seek higher cover from property developers over Covid-19 issues

Cover means the lender has a certain value of assets compared to a loan given

Piyush Goyal asks property developers to cut prices to survive downturn

Unless you reduce your rates, you will be stuck with your inventory, Goyal said to developers.

Govt notifies revised Form 26AS, to have purchase info of shares, property

Easing taxpayer compliance, the annual information statement has been subsumed in the Form 26AS

CBDT notifies revised Form 26AS, to include details of property, share deal

To implement this, the Budget 2020-21 had introduced a new Section 285BB in the Income Tax Act

Realtors may defer launches to next quarter to cash in on festive season

Given the uncertainty in pick up of demand and logistical challenges during lockdown, property developers are being cautious about the timing of launches in the near term, said Gopalkrishnan

Lockdown woes: Property developers bank on online tools to generate sales

March quarter has already seen a 30 per cent drop in residential sales and the whole year is expected to see a similar drop in sales and generating sales is crucial to developers

Seven reasons why you should go for a joint loan to buy property

Besides increasing the eligibility, tax benefits will also double

Tipping point: Should you opt for a ready to move in property?

In an under-construction property, one has to pay only the pre-EMI during construction

Property can only be insured locally

The National Commission noted that claim was for loss of goods as well as for loss of profits. The local policy covered claim for loss of goods only, while the global policy covered loss of profits