Cement prices to go up by 6% YoY: ICICI Securities
MUMBAI (INDIA): Average cement prices are expected to rise by 6 per cent YoY and 7 per cent on QoQ basis across the country despite volume decline in the southern… Read more »
Daily Archives: July 13, 2017
Authority under RERA not set up in Gujarat yet, says PIL
AHMEDABAD (INDIA): The Gujarat High Court has issued a notice to the state government on a PIL seeking a direction to set up a regulatory authority under the Real Estate… Read more »
Singapore penthouse on sale for $72 million, a test for luxury market’s recovery
By: Aradhana Aravindan | Masayuki Kitano SINGAPORE: The asking price for a new three-storey Singapore penthouse, complete with a private pool on the 64th floor, has reached a dizzying $72… Read more »
New York office concessions increase in sign of market’s strength
By: Herbert Lash NEW YORK: Property landlords have roughly doubled the concessions they grant in New York office leases over the past decade, a sign analysts say is one of… Read more »
UK election jitters push house price rises to 11-month low: RICS
By: David Milliken LONDON: British house price inflation slowed last month to its weakest since just after last year’s Brexit vote, but this time domestic political worries played the greatest… Read more »
Commercial rental income beyond Rs 20 lakh to attract GST: Hasmukh Adhia
NEW DELHI (INDIA): Rental income from residential property has been exempt from GST but any earning over Rs 20 lakh annually from renting or leasing for commercial purposes would attract… Read more »
Brazil turmoil may delay homebuilders’ rescue plan: Builders
By: Gabriela Mello SAO PAULO: Brazil’s political turmoil could delay efforts to prop up homebuilders struggling with sales cancellations even as officials and industry leaders are close to reaching an… Read more »
Canada’s June housing starts rise as Ontario remains hot
By: Andrea Hopkins OTTAWA: Canadian housing starts rose more than expected in June as construction plans in and around Toronto remained strong, but Vancouver trended downward, data from the Canada… Read more »