Many people leave their home towns and move to different cities to study, for work, for business or for better lifestyle. The first thing they need in the new city is a place to stay. Given that it’s not easy to buy a home to live in as soon as you move to a new city, especially in metros, most people tend to take a flat on rent. But before you take a property on rent, it is prudent to know the terms and conditions and execute a rent agreement.
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The Hong Kong Housing Society (HKHS) has launched a scheme allowing owners of subsidized flats to rent out their spare rooms to families waiting for public housing.
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KARACHI : The real estate sector had been struggling due to the government’s condition that had prohibited non-filers of income tax returns from buying property valued above Rs5 million, However, now, with the ban withdrawn, the sector is expected to flourish again and attract foreign exchange from expatriates.
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House sales across Turkey declined 12.5 percent on a yearly basis in August with a more than 67 percent yearly decrease in mortgaged sales, official data has shown.
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Real estate investors always buy land for the purpose of getting more revenue. However, if you want to get more returns from your property, make effort to add value to it.
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In a new survey of more than 400 real estate executives worldwide, the Altus Group found that new technologies – which promise to radically shape industries of all kinds – still prompt uncertainty in the minds of the property development sector’s movers and shakers.
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THE Government is facing a call to introduce a two-year rent freeze which would apply nationwide.
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A picturesque pub in a tiny village has become the first in the country where drinkers can only pay with a bank card or using mobile phone.
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Growing numbers of Hong Kong flat owners are selling up for much less than offer prices – some at more than HK$7 million (US$890,000) below bank valuation – as a rise in interest rates looms next week.
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Beijing’s property industry is likely to face a glut as the government plans to sell more land sites that will offer at least two times the developable area available this year, an amount which could take the market two years to soak up.
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