Rate cut, property crisis in China likely to benefit Indian realtors

Rate cut, property crisis in China likely to benefit Indian realtors

The China central bank’s recent decision to lower interest rates – a move believed to be targeted at averting a major property crisis in that country – is expected to turn beneficial for Indian developers and the domestic real estate sector, said analysts and developers. The crisis has led to softening of global commodity prices, […]

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Sentiments in real estate sector dip in June quarter but remain positive

Sentiments in real estate sector dip in June quarter but remain positive

The sentiment index for the real estate sector dropped in April-June period due to two rounds of repo rate hike but remained positive, according to Knight Frank India and NAREDCO. The outlook for next six months is optimistic although not as buoyant as it was during the March quarter. As per the Knight Frank-NAREDCO Real […]

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Real estate, gaming continues to thrive in metaverse: Chainalysis

Real estate, gaming continues to thrive in metaverse: Chainalysis

The cryptocurrency industry is overall falling but the metaverse continues to thrive, reveals a new research by Chainalysis. From September 2019 to March 2022, the prices of virtual real-estate spiked by 879 per cent. On the other hand, the real estate price surged by 39 per cent. According to Chainalysis, the growth of virtual real […]

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Supreme Court nod for Maradu probe panel

Supreme Court nod for Maradu probe panel

The Supreme Court on Monday consented to the appointment of a committee chaired by retired Calcutta High Court Chief Justice, Thottathil B. Radhakrishnan, to conduct an enquiry to identify who is “responsible” for clearing the Maradu high-rise residential apartments, which were razed to the ground on the court’s orders for violating stringent coastal regulation zone […]

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