NEWS & BLOGS EXCLUCIVELY FOR INFORMATION TO ENGINEERS & VALUERS COMMUNITY
BEIRUT: As thousands of devout Muslims flock to Islam’s holiest sites in Saudi Arabia for the annual haj pilgrimage this week, scientists warn the sacred rite is under threat due to deadly rising heat. The risk of pilgrims suffering life-threatening heat stroke could rise five-fold with global warming of 1.5 degrees Celsius (2.7 degrees Fahrenheit) […]
Haj pilgrims face growing heat stroke risks with global warming Read More »
Less than half the targeted number of projects have been completed under the mission duration of JnNURM. With the government looking at launching a second phase of the mission next year,the focus quite clearly,has to be on processes and implementation. Launched amidst great fanfare in the year 2005,the Jawaharlal Nehru National Urban Renewal Mission (JnNURM),is
JnNURM 2.0: Revisit the basics Read More »
NEW DELHI: Arihant Superstructures has posted net consolidated profit of Rs 8.28 crore in the first quarter of the financial year 2021-22. It had recorded a loss of Rs 7.03 crore in the corresponding quarter previous year, the company said in a BSE filing. The company’s total revenue in Q1 FY22 stood at Rs 84.65
Residential rental yields across tier I cities in Asia have an interesting story to tell. While yields in India are higher than in Singapore,Hong Kong and Beijing,they are lower than cities such as Jakarta and Manila. Several factors are responsible the local demand-supply situation,macroeconomic scenario,end-user demand,local land-related policies,etc. Does this yield variation in Asian
Residential rental yields in Asia: Towards stabilisation Read More »
NEW DELHI: Private equity investment in Indian real estate touched USD 2.9 billion in the furst hald of 2021, more than a two-fold increase from H1 2020, according to recent report by Colliers. The total private equity inflows in the real estate sector are expected to be about USD 5 billion in 2021, a 4.1%
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The vacancy levels in malls have come down to 14.51 per cent in July-September quarter mainly due to decline in supply of new mall space,a recent report said. According to a survey by real estate consultancy firm Cushman & Wakefield,the vacancy levels declined by 0.6 per cent to 14.51 per cent compared to 17.51 per
Vacancy levels in malls decline to 14.51% in July-September quarter Read More »
NEW DELHI: Leasing activity across six major cities in India during the first half of 2021 dragged to a six-year low, according to a recent report by Savills India, an international real estate advisory firm. In the January-June 2021 period, office absorption in six major cities stood at approximately 10.9 million sq ft, down by
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The real estate sector witnessing weak demand and burdened with oversupply in various pockets across the country looked up to the festive season this year to bring back some cheer. Dussehra and Diwali are behind us,and initial reports suggest that the season did not turn out as expected. While the industry tried hard to get
Festival season bypasses real estate Read More »
GHAZIABAD: A private agency has been roped in to carry out a survey of the properties of taxpayers in the city so that the correct details of the same can be recorded by the Ghaziabad Municipal Corporation (GMC) and the residents do not experience any difficulty in future. Officials said the taxpayers should provide the
Private firm to carry out property survey in Ghaziabad Real Estate News ET RealEstate Read More »
A leasehold property defines the status of the land on which the property is built. Leasehold land on which construction takes place is ordinarily on long-term lease,which may be between 30 to 999 years. Specific to residential property on leasehold land,one may use the example of the MMRDAs Wadala development plan,wherein the land is given
Mumbai realty: Evaluating leasehold and freehold land Read More »
RANCHI: The real estate sector in the state, reeling under a host of problems, including liquidity and sale of properties because of the ongoing pandemic, has appealed to the Jharkhand government to consider slashing the circle rates this year like in Delhi and West Bengal to provide a cushion to both developers and prospective buyers.
CCI rules out abuse of dominance charge against Media Video The Competition Commission of India (CCI) has dismissed charges that real estate company Media Video abused its dominant position in the market for residential flats in Bhiwadi,Rajasthan. A complaint filed by a buyer who had booked a flat at Bhiwadi with the company,had alleged that
CCI rules out abuse of dominance charge against Media Video Read More »