Asian real estate technology company Juwai IQI announced its partnership with Pama D’ Globizen to launch IQI India, the first IQI Global agency office in one of the world’s largest real estate markets. In addition to building a strong, technology-enabled nationwide Indian team of real estate ... Read more...
Bengaluru is the world’s 26th fastest-growing prime residential market in terms of annual price appreciation followed by Delhi at 27th position, according to Knight Frank India’s Prime Global Cities Index Q2 2020 report. Mumbai's prime residential market is ranked 32nd in the world. Bengaluru... Read more...
Two out of every third home buyer is now back in the real estate market, reveals consumer sentiment surveys. Out of them, 33% think that it is a good time to buy a new house while 32% others are in the finalization stage. According to the report, 11% have completely dropped the idea of buying a p... Read more...
In a big tax relief for Delhi’s unauthorised colonies that were regularised last year, the government has exempted owners from income tax even if they had purchased land or house at rates below the prevailing market price. The government had last year legalised unauthorised colonies in the nati... Read more...
Jun 2020 ,
by Realty Plus in INTERNATIONAL
The fraying relations between Beijing and Canberra are likely to worsen the Australian real estate market that relies on Chinese money for its recent vigour. For a start, the cost may be to the tune of A$715 million (US$494 million) by one estimate. The row over a host of issues, from the coronav... Read more...
With the lockdown looking at yet another extension, lease rentals between Rs 250 and Rs 300 a sq ft per month may come under pressure as per property experts. The rents could decline by at least 20% to 30% as companies cut costs and retrench employees. Corporates occupying large floor plates may ... Read more...
May 2020 ,
by Realty Plus in INTERNATIONAL
Home prices are holding up during the coronavirus pandemic despite lockdowns. The most recent sign of resiliency comes from the Teranet-National Bank House Price Index for April, a composite of 11 major markets, is up 5.3 per cent from a year earlier. It’s up 1.3 cent compared to the previous mont... Read more...
May 2020 ,
by Realty Plus in Press Room
A Sector That Has Been Long Overlooked Is Delivering Essential Facility Services To Suppress The Covid-19 Outbreak. We Look At What Facilities Management Companies Are Doing To Help. With each passing day, facilities management firms are stepping forward to help in the fight against the novel cor... Read more...
May 2020 ,
by Realty Plus in INTERNATIONAL
Surveyors have urged the government to give home buyers a stamp duty holiday amid fears that UK house prices could crash by as much as 13 per cent as confidence dries up due to the coronavirus pandemic. The Royal Institution of Chartered Surveyors (Rics) reiterated its calls to scrap the tax on prop... Read more...
May 2020 ,
by Realty Plus in INTERNATIONAL
Dubai property developer Nakheel has slashed salaries by as much as 50% as it tries to weather the coronavirus crisis, according to media agencies. Dubai has faced a slowdown in its property sector for most of the previous decade as the global financial crisis and weak oil prices left the regional b... Read more...