After a predicted slump of 36.5% in demand for construction in Singapore last year owing to the coronavirus pandemic, public sector orders are projected to drive a recovery this year to between S$23bn and S$28bn (US$17-21bn), Singapore’s Building and Construction Authority (BCA) stated. That would... Read more...
Surging house prices in the U.K. are making it more difficult for younger generations to follow the most common path for accumulating wealth, widening a gap between the rich and the poor. Homeowners are benefiting from the coronavirus crisis, with cheap borrowing and government tax cuts driving real... Read more...
Mighty Buildings is a 3D construction company that builds 3D homes believes it can be the solution to California’s housing crisis. “We’ve developed a unique material and printing process,” said Chief Sustainability Officer Sam Ruben. “We’ve taken that idea of layer-by-layer depositi... Read more...
Making another move to making housing for all come to fruition, the state government has directed line departments to take immediate measures to create basic infrastructure in the YSR Jagananna housing layouts. This is to help the beneficiaries start construction of houses in the plots being distrib... Read more...
Migsun Group, a leading real estate firm in Delhi-NCR, has announced that it will offer jobs to people who lost employment during the lockdown or in the aftermath of corona pandemic. The Group is taking huge strides to deliver the projects as it has set an ambitious target to complete construction o... Read more...
Sales of residential properties are estimated to grow 51 per cent across seven major cities during October-December compared with the previous quarter driven by festive demand, but demand is likely to fall 48 per cent in 2020 due to the impact of the pandemic, property consultant JLL India said. ... Read more...
The emirate’s real estate market is getting back on its feet as it poses a V-shaped recovery, in response to the ongoing pandemic scenario. With 3,928 transactions worth $2.08bn (AED7.65bn), November marked the highest number of overall transactions to take place in the Dubai real estate market in... Read more...
The U.K. housing market heads into 2021 off the back of one of the strongest years in recent memory, which a heightened lockdown and new travel restrictions threaten to derail in light of a more voracious strain of the coronavirus. Nationwide, agreed-to home sales this year exceeded 2019 by £62 ... Read more...
Housing sales across seven major cities are estimated to fall 47 per cent year-on-year to 1.38 lakh units this year on lower demand because of the COVID-19 pandemic, according to property consultant Anarock. New housing supply, too, is likely to fall 46 per cent to 1.28 lakh units in 2020 in seve... Read more...
Britain said it would alter the algorithm it uses to select sites for new homes after critics said the old formula risked a building boom in the rural south at the expense of the industrial north. Britain faces an acute and nationwide shortage of affordable homes, affecting city and countryside a... Read more...