The government’s demonetisation of ₹500 and ₹1,000 currency notes will have a transitory impact on many asset classes such as real estate, jewellery, bonds, etc. The resale market in the real estate sector may be hit the most since many deals are made in cash. However, the demand in primary ... Read More »
ON the Monday after Diwali, the last transaction a realtor oversaw in Mumbai was the re-sale of a two-bedroom home, with a carpet spread of 700 square feet. The apartment, in a 30-year-old high-rise, went for Rs 3.80 crore, roughly the market price in the south-central Mumbai belt. The price ... Read More »
There is currently a lot of debate happening on how the government’s demonetisation move will impact the real estate sector. The Nifty Realty Index fell almost 12% on Wednesday, purely on sentiment. While the bellwether indices are hinting at dark days ahead, these fears can at best be called unfounded ... Read More »
US Republican candidate Donald Trump has said he may hit his Democratic opponent Hillary Clinton harder in the next presidential debate, following their first encounter on Monday. Mr Trump said he held back “because he didn’t want to hurt anyone’s feelings”. In a Fox News interview, he also accused moderator ... Read More »
By the time it broke ground in March, Residences by Armani/Casa, a new condominium underway in Miami’s Sunny Isles Beach, already had more than 65 percent of its 308 units under contract. The planned 56-story tower, where prices range from about $2 million to more than $15 million, will include ... Read More »
The number of Internet users in India is likely to more than double to 730 million by 2020, according to a new report. As per the report ‘The Future of Internet in India’, compiled by Nasscom and Akamai Technologies, there were about 330 million Internet users in the country as ... Read More »
European shares close lower A number of disappointing company results – from brewer Carlsberg, Austrian brickmaker Wienerberger and insurer Admiral – helped send stock markets into negative territory. Investors were also nervous ahead of the latest US Federal Reserve minutes, and what they might hint about the course of interest ... Read More »
Britain’s second-biggest estate agent has warned annual profits will be well below expectations, blaming uncertainty in the property market caused by the vote to leave the EU. In an unscheduled trading update, LSL Property Services, whose brands include Your Move and Marsh & Parsons, said business slowed in the run-up ... Read More »
A real estate agent shows a prospective buyer a home that is listed as a short sale as he shops for a house in Coral Gables, Florida. U.S. home resales rose in May to a more than nine-year high as improving supply increased choice for buyers, suggesting the economy remains ... Read More »
European shares hit one-month highs on Monday, while the dollar index rose to a two-month peak after Federal Reserve Chair Janet Yellen suggested that an interest rate hike in the United States may be around the corner. The Fed should raise rates “in the coming months” if growth picks up ... Read More »
One male is lifeless and every other injured following a collision concerning a car and two pedestrians on Woodstock street in Fredericton, police say. At approximately 10:30 p.m. on Saturday, Fredericton Police, as well as the Fredericton hearth departmentand emergency offerings replied to a document that two human beings had ... Read More »
Infosys, UltraTech Cement, Petronet LNG, Finolex Industries and TVS Motor Company are among 12 stocks from the Nifty500 index hit their respective lifetime high price on the National Stock Exchange (NSE) in intra-day today. Atul, Bajaj Finance, Can Fin Homes, Kajaria Ceramics, Kansai Nerolac, Manpasand Beverages and Minda Corp are ... Read More »
