World

World

From festivals in Florida to touring Dracula’s digs in Romania, we round up the best destinations to visit this October. As summer abandons Europe again this October, eke out the last of the rays and raves in Ibiza, where nightclubs will be going out with a bang for the winter break. When the party finally stops head to the island’s north.

China to limit overseas investments in real estate, sports

BEIJING: China's government is moving to curb domestic companies' investments abroad in property, sports, entertainment and other fields, following a series of high-profile, multibillion-dollar...

Moscow’s new high-rise housing plan casts shadow over local homebuilders

By: Olga Sichkar MOSCOW: Moscow's local government project to build hundreds of thousands of new homes threatens to cause a supply glut, forcing private sector...

China July new home prices rise 0.4 % m/m, 9.7 % y/y

BEIJING: Average new home prices in China's 70 major cities rose 0.4 percent in July from the previous month, slowing from June's 0.7 percent...

Average US mortgage rates edge lower

WASHINGTON: Long-term U.S. mortgage rates edged lower this week. Mortgage buyer Freddie Mac said Thursday the rate on 30-year, fixed-rate mortgages slipped to 3.89 percent...

Canada home resales drop again in July: Real estate group

By: Andrea Hopkins OTTAWA: Resales of Canadian homes fell 2.1 percent in July from June, the fourth straight monthly decline, as the cooling of Toronto's...

This is the most liveable city in the world

NEW YORK: Melbourne is the most liveable city in the world, followed by Austrian capital, Vienna and Canada's Vancouver in the second and third...

LaSalle sets $1 billion target for pan-Asia real estate fund

By: Herbert Lash NEW YORK: LaSalle Investment Management Inc has set a new capital-raising target of $1 billion for the fifth of its pan-Asia opportunistic...

US home construction slumped in July

WASHINGTON: Homebuilders pulled back sharply on construction of apartment complexes in July, causing housing starts to tumble to a three-month low. The Commerce Department said...

UK trade minister invites Indian realtors to invest more

By: Aditi Khanna LONDON: A British minister today called on the Indian real estate sector to continue investing in the UK market, saying the two...

Wanda Hotel to buy $1 billion of assets from Wang-controlled businesses

By: Donny Kwok HONG KONG: Wanda Hotel Development Co Ltd , a unit of Chinese conglomerate Dalian Wanda Group led by Wang Jianlin, said it...
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Livability quotient – A paradigm shift in India’s emerging cities

By Ramesh Nair - CEO & Country Head, JLL India It is well-established fact that urbanization is by far the biggest trigger for India’s real...

Jaypee customers hold protest on delayed delivery of homes

NEW DELHI (INDIA): Homebuyers in Noida who booked properties with the real estate firm Jaypee Infratech today staged a protest against the company at...

Home buyers hold candlelight march against Amrapali group

NOIDA (INDIA): Hundreds of home buyers of Amrapali Group on Saturday held a candlelight march in Noida demanding action against the builder who has...