LIC Housing Finance Q2 net up 20% to Rs 494.76 crore
NEW DELHI (INDIA): LIC Housing Finance has reported an increase of 20.2 per cent in net profit at Rs 494.76 crore for the second quarter ended September 30. Company’s net… Read more »
Author Archives: By TGR Team
World’s slum dwellers, homeless must be protected with right to housing: UN expert
By Paola Totaro QUITO: The right to adequate housing must be adopted formally as a human right – internationally and at country level – as the world grapples with the… Read more »
Vancouver builders say foreigner tax hits houses more than condos
By Nicole Mordant VANCOUVER: A tax on foreign buyers aimed at cooling Canada’s priciest property market has forced some developers and builders of detached Vancouver homes to hit the pause… Read more »
Shanghai should keep tight grip on real estate lending:Central bank branch
By: Winni Zhou\ John Ruwitch SHANGHAI: Commercial banks in Shanghai should continue strictly implementing a tight policy on real estate lending, the Shanghai branch of China’s central bank said on… Read more »
Hungarian central bank flags concern over Budapest house price surge
By Krisztina Than BUDAPEST: House prices in Budapest have surged about 50 percent in the past two years, warranting a close monitoring of the housing market, the National Bank of… Read more »
U.S. single-family house building jumps in Sept, building permits up also
By Lucia Mutikani WASHINGTON: The construction of U.S. single-family housing surged in September, though a drop in apartment building pushed overall home building activity to an 18 month low. But… Read more »
US home construction fell 9% in September
WASHINGTON: Homebuilders pulled back on construction for a second straight month in September, with a plunge in apartments offsetting gains in single-family homes. Building activity was weak in all parts… Read more »
Cargo Traffic at Major Ports grows by 5.2 % during first six months of FY 2016-17
NEW DELHI (INDIA): The Major Ports in India handled 315.4 MT (Million Tonnes) of cargo during the first six months of FY 2016-17 (April-September) and showed a positive growth of… Read more »
Cerestra buys Alexandria R&D park in Hyderabad for Rs 400 crore
BENGALURU (INDIA): Cerestra Advisors Ltd, a real estate-focused private equity firm, has bought Alexandria Knowledge Park at Genome Valley in Hyderabad for Rs 400 crore as it plans to build… Read more »
Vigneshwara MD Sanjay Dahiya denied bail in Rs 600-crore fraud case
NEW DELHI (INDIA): The Delhi high Court today denied bail to a top officer of Vigneshwara real estate group, who is accused of duping people who had invested in the… Read more »