Kenyan Real Estate News

Other passive real estate ETFs, like the Vanguard Real Estate ETF and the Real Estate Sector Select SPDR ETF pay higher distribution yields at 4.1% and 3.5% respectively . The Telangana government’s free bus ride scheme for women has led to a decrease in Hyderabad Metro’s ridership, prompting L&T to contemplate exiting the project. L&T faces financial concerns as the metro project is now classified as a non-core asset.

  • To tap this demand, Godrej Properties plans to launch multiple projects across Delhi-NCR, Mumbai-Metropolitan Region, Bengaluru, Pune, and Hyderabad markets.
  • Click into any listing to check out the new AI Redesign tool to envision your property based on your preferred style, be it Scandinavian, Minimalist or many others.
  • The cost of selling a home in the United States could shrink as a result of a global settlement with the National Association of Realtors.
  • For the last few days, around 150 to 160 families of a few colonies of Aayakar Nagar in Sanganer are facing a tough time as the roads interior of these colonies are filled with heaps of road construction materials.

To qualify as a REIT, the entity must pay out 90% of its taxable profits in the form of dividends to shareholders. By doing this, REITs avoid paying corporate income tax, whereas a regular company would be taxed on its profits, thus eating into the returns it could distribute to its shareholders. Flippers try to buy undervalued real estate, fix it up, and sell it for a profit. Buyer behavior in Hyderabad has undergone a significant change, marked by an impressive 84% increase in the demand for ready-to-move-in properties.

Nearly 90 retail properties covering 450 lakh sq ft space to come up by 2028: Report

Savills Plc is listed on the London Stock Exchange within the FTSE250 index. 03 May 2024Asia Pacific Investment Quarterly for Q1/2024 covers all major investment transactions of 15 countries around the region. The Kenya Revenue Authority is intensifying its efforts by targeting residential estates in… read more… Residents of the upscale Peponi View Apartments have been given a week to vacate their homes or… read more…

  • With a growing number of millionaires and billionaires eager to buy a home in Singapore, our writers make sure to not only snag interviews with the rich and famous, but also the developers of the latest new launches in Singapore.
  • The report predicts a further strengthening of the housing market by the end of 2023, driven by an anticipated surge during the festive season.
  • There is very little empty land available and property prices are stagnating here.
  • Notable figures include Zardari’s children, Nawaz Sharif’s son, and Musharraf.
  • Co-Written / Partner Its Amari Residences Vie and Chateau de Paz Subdivision developments have transformed the modern living standards of Filipino families.

Kanye West’s former creative sanctuary, a $2.2 million California ranch, now sits abandoned and dilapidated, starkly different from ex-wife Kim Kardashian’s opulent $60 million compound. As Kanye’s real estate investments crumble, reports indicate he resides in a West Hollywood apartment with his current wife, while Kim’s mansion remains a symbol of luxury amidst Kanye’s financial struggles. Homebuyers’ body FPCE has suggested that concessions to real estate developers should be provided only for legacy stalled housing projects.

Brand New 1-Bedroom Villas in Uluwatu, Double-Storey, Close to the Beach – 2550

” Since taking over leadership roles in his family’s business nearly 15 years ago, Subbiah has navigated Chola through challenging times, significantly increasing its market capitalization. Timesproperty is a company with rich experience in real estate advisory. High interest rates and increased property taxes are taking their toll, but not all suburbs are affected equally. Commercial ResearchAnalysis of commercial market sectors and commercial-focused issues and trends. Stay informed on the most important real estate business news and business specialty updates.

  • The company’s sales bookings jumped 84% to a record Rs 22,527 crore in the last fiscal, the highest sales reported so far by any listed entity for FY’24.
  • In Noida, prominent markets include Sector 150, Greater Noida West and a few residential sectors along the Yamuna Expressway that are relatively close to the upcoming Noida International Airport.
  • In many other countries, commission rates hover between 1 and 3 percent.
  • Auctions raise land cost and blunt business competitiveness, unlike preferential allotments based on circle rates with discounts.
  • EFC currently has presence in seven states spanning 35+ centres totalling over 1.5 million sq ft area and close to 50,000 seats.
  • Goa is becoming a first-home market with interest from businessmen and startup founders.

Read the latest real estate & finance news, property market trends and housing information and insights. The COVID-19 pandemic shifted much of the housing market, including how big of a down payment many homebuyers offer today. Furthermore, the affordability of these villas is increasing, resulting in a growing demand. Generally speaking, luxury villas are still more expensive than hotels and resorts, but prices have come down in the last few years due to increased competition and the rise of online platforms. With interest rates remaining stubbornly high, investors in real estate should select differentiated managers like JPRE instead of buying index funds.