All-India residential real estate sales across major cities in India increased 56% year-on-year to 75 mn sq. ft in Q1FY22 on the back of a lower base of 48 mn sq. ft due to the first wave of Covid-19. The impact of the second wave of Covid-19 was visible with sales declining sequentially from 179 mn sq. ft witnessed in Q4FY21, an analysis by Kotak Institutional Equities Research.
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The demand for ready-to-move-in residential houses is strong and the property prices are expected to increase by 4-5 percent going ahead, said Prashant Bindal, chief sales officer (CSO), Macrotech Developers (formerly known as Lodha Developers).
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The ownership of a million-dollar estate is being challenged by a squatter who claims it was abandoned by the local council.
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Signed contracts to purchase previously owned homes fell 1.8% in July from June, according to the National Association of Realtors.
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A few months after residents identified property crime and speeding as their main concerns, the RCMP report they have issued more traffic tickets and property crime is up slightly, by five per cent.
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The number of people discharging their mortgage in NSW has hit an all-time high as locked-down homeowners use their savings to pay off their mortgages, refinance their home loans to a cheaper deal or trade in their homes, new figures reveal.
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In what would be its first operational infrastructure investment, Dexus is speculated to be paying more than $1 billion for Perth’s Jandakot Airport and the adjoining Jandakot City business park.
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From potholes to taxes, there are issues Edmontonians expect to be raised every municipal election.
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The developer of a new residential tower in downtown Edmonton says the project is a vote of confidence in the city’s core after a punishing pandemic.
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CALGARY — Susannah Pierce’s children aren’t interested in following in her footsteps.
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