Latest Updates Around The World
The Indian stock market is in a tough patch as the Nifty index is hovering around a key support level of 25,650 after three days of positive momentum. After breaking significant resistance levels earlier this week, the market is now consolidating amid mixed sector performance.Rahul Sharma of JM Financial Services noted, “Right now, we are […]
The real estate sector, which contributes nearly 7% to India’s GDP and employs over 70 million people, remains a crucial pillar of economic growth and urban transformation.Industry leaders believe that a supportive fiscal framework in FY27 can unlock the next phase of housing-led growth, attract long-term institutional capital and accelerate the government’s vision of Housing […]
The BC Financial Services Authority (BCFSA) has begun a discussion on new approaches to real estate commissions, disclosures, bidding wars and more. While there is consensus on the goal of protecting consumers, professionals in the field are skeptical about how some of the ideas would play out. BCFSA, the provincial Crown agency that regulates the […]
Real estate sector CREDAI and NAREDCO on Friday said the RBI’s move to cut the repo rate by 25 basis points would lead to a reduction in home loan rates and boost housing demand.The central bank cut its key interest rate for the first time in six months and took steps to boost liquidity, supporting […]
Chinese Vanke bonds tumbled on Tuesday after the state-backed developer, a bellwether for the country’s real estate sector, requested a one-year moratorium on domestic bond repayments. China Vanke, once the country’s largest homebuilder by revenue, is trying to avoid bankruptcies after a protracted real estate crisis that has hit all its main rivals. One yuan […]
Even as Indian equities remain within their range and the Nifty is down almost 1% this week, optimism about the broader economy and earnings rebound is increasing. According to Varun Goel, head of investments at Nippon India Mutual Fund, the current earnings season is “in line with or slightly above expectations”, paving the way for […]
DLF reported a decline in net profit from Rs 1,381 crore in July-September last year to Rs 1,171 crore in the current financial year. The company reported new sales bookings worth Rs 4,332 crore, supported by its first launch in Mumbai – The Westpark and continued healthy momentum in the super luxury segment. Cumulative new […]
The data from Pan India market performance in the first half shows that Tier 1 cities in India have registered the sale of homes with a value of approximately £ 3.6 Lakh Crore, which marks an increase of 9% of £ 3.3 Lakh Crore in H1 CY24. The Indian residential real estate sector has witnessed […]
