Latest News, Updates & Breaking Headlines
Unidentified drones were detected over a Washington-area Army base where US Secretary of State Marco Rubio and Defence Secretary Pete Hegseth reside, the Washington Post reported.Authorities are now working to identify those responsible.The sightings come at a time of heightened global tensions, particularly as conflict in the Middle East intensifies, prompting increased vigilance around key…
A large housing project called “Life in Venice”, built as a replica of the Italian city of Venice on China’s eastern coast, now stands mostly quiet and empty. The multibillion-dollar complex in Jiangsu province has thousands of unfinished or vacant homes.However, in recent years, the area has started attracting young Chinese people looking for a…
Bed-Space Living in Dubai Under Fire as New Law Imposes Dh500K to Dh1 Million Fines Dubai has introduced a sweeping new law aimed at regulating shared housing and partition-style living arrangements, with violators facing fines of up to Dh500,000 and up to Dh1 million for repeat offences. The legislation marks one of the strongest steps…
Mumbai: Warburg Pincus-backed housing finance company Truhome Finance ( formerly Shriram Housing) has filed draft papers with capital markets regulator SEBI to raise Rs 3,000 crore through an initial public offering.The IPO will comprise a fresh issue of equity shares of face value Rs 10 aggregating up to Rs 1,500 crore and an offer for…
Before taking possession of a property, buyers should check whether the project has received a completion certificate and an occupancy certificate from the local authority. These documents confirm that the building was constructed according to approved plans and is safe for residents to occupy. Without these certificates, living in the property may lead to legal…
AI is advancing and it has spilled across almost very sector, including housing. Artificial intelligence (AI) is rapidly transforming the country’s real estate sector, touching everything from residential living to commercial office operations. In apartment complexes, AI is used for biometric lift access, predictive maintenance, and monitoring air and water quality in real time. On…
Recently, a post on X (earlier Twitter) went viral for a very weird reason. It was a post that highlighted the unusual rental quote in Bengaluru’s HSR Layout where ₹80,000 per month was demanded for a flat because it “gets sunlight”. In no time, the post went viral and ignited debate over Karnataka’s capital city’s…
Indian real estate companies are rushing to raise around $3.3 billion through IPOs this year. This surge in public offerings comes as developers gain confidence in urban growth and housing demand, with more than half a dozen firms preparing to go public, as reported by Bloomberg.n comparison, the entire property sector, including developers and REITs,…
A key measure of US inflation fell to nearly a five-year low in January as apartment rental price growth slowed and gas prices declined, offering some relief to consumers after years of sharp cost increases.Inflation dropped to 2.4% in January compared with a year earlier, down from 2.7% in December and moving closer to the…
India’s housing market remains strong, with steady growth in both sales volumes and prices, Godrej Properties Executive Chairperson Pirojsha Godrej has said, ruling out any major concerns about demand.In an interview with PTI, Godrej said that the residential market has now stabilised after witnessing unusually rapid growth in the years following the COVID-19 pandemic. He…
