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  • If approved, the 14- and 28-storey towers would convey over 600 residential items to the realm.
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  • Pag-Ibig Fund set to extend month-to-month financial savings fee in February Pag-Ibig Fund will enhance its members’ monthly savings rate from P100 to P200 each beginning February 2024, based on a report by SunStar.
  • The survey stated that Goa stays the top sizzling spot for trip homes, commanding a significant 35 % share of responses.
  • British Columbia real estate gross sales and costs bumped up slightly in October compared with a year in the past in what is being described as a balanced market.

Green-certified office inventory in India has increased by over 36% since 2019, with Bengaluru, Delhi-NCR, and Mumbai main the way. Konrad Putzier, writing in The Wall Street Journal, notes that lenders have issued many foreclosure notices for high-risk property loans this year. In a associated article, Peter Grant highlights that the circulate of money into commercial real estate has diminished, with a very extreme decline in construction loans as lenders reduce. First, issuing a foreclosures discover is a bank’s response to potential default and downturn, essentially an effort to cut losses earlier than they escalate. If these foreclosures exceed normal ranges, which appears to be the case based on the proof offered, financial institution asset values could be considerably diminished.

The story of the workplace market in Nigeria just isn’t cheering in the intervening time because the market is hurting on… The Nigerian workplace market has been hurt by a quantity of challenges, together with employees’ rising preference for hybrid work that has seen… Magicbricks is simply communicating the provides and never promoting or rendering any of those services or Real Estate News products. It neither warrants neither is it making any representations with respect to supply made on the location. Kirinyaga Central MP Joseph Gitari has drafted a brand new bill that seeks to compel land-buying… read extra… Amid difficult economic conditions, an growing variety of Kenyans are dealing with defaults on their… read extra…

As a member, you might also submit your individual news using the EIN Presswire distribution service. Press launch distribution, devoted APIs, and customized providers generate the revenue that permit us to offer you free fundamental access. MIAMI — Broward County mid-market residence gross sales elevated year-over-year, in accordance with December 2023 statistics released by the MIAMI Association of… Higher house costs imply that a typical monthly mortgage fee has reached $1,896 in August —18% higher than a yr ago, in accordance with Zillow.

According to real estate consultancy agency Anarock information, housing sales in India’s prime seven cities have reached a new peak in 2023, surpassing the earlier excessive recorded in 2022. A whole of four.seventy six lakh models have been offered in 2023, marking a 31 percent improve. The final peak within the decade occurred in 2022, following 2014, with approximately 3.43 lakh items sold within the prime seven cities. Stable rates of interest are poised to boost residence purchases and instill confidence in builders, enabling them to present more attractive choices within the New Year, extending past the festive season.