In 2022, the Indian housing sector withstood the headwinds from many crises and inflationary perils. Today, the real estate sector is at the confluence of growing real demand for homes, increased cost of borrowings, and increased costs of development due to supply-chain glitches. The reappearance of fatigue in economic growth calls for a lot of …
Real prospects for growth | The Financial Express Read More »
Call it the tax cut that wasn’t. When the Opportunity Zone tax incentive was signed into law under the Tax Cuts and Jobs Act of 2017, critics were quick to label it “just another tax cut for the rich.” But on the fifth anniversary of its passage, a different picture has emerged: instead of concentrating …
Five years in, Opportunity Zones are boosting communities Read More »
Stakeholders in the building sector, including a property development company, Address Homes, have commended the drive by the Lagos State Government to tackle the challenges of quackery and fraudulent activities in the real estate sector. The Marketing Manager, Address Homes, Segun Ogunbiyi, described the just-concluded 3rd Real Estate Market Place Conference and Exhibition in Lagos …
Stakeholders laud Lagos drive to sanitise real estate Read More »
Catherine Talavera – The Philippine Star December 26, 2022 | 12:00am MANILA, Philippines — More mergers and acquisitions may take place next year as companies capitalize on opportunities brought by regulations supporting M&A activities to expand and grow their businesses, according to an assurance, tax and advisory services firm. In its M&A yearend report, PwC …
Piramal Realty is targeting about Rs 2,200 crore sales bookings this fiscal, up over 40 per cent year-on-year, on strong housing demand, its CEO Gaurav Sawhney said. Founded in 2012, Piramal Realty is the real estate development arm of business conglomerate Piramal Group. It is one of the leading developers with 15 million square feet …
Piramal Realty eyes Rs 2,200 cr sales bookings in FY’23, up over 40 pc year-on-year Read More »
THE MAHARASHTRA Real Estate Regulatory Authority (MahaRERA) has decided to obtain a commencement certificate (CC) for upcoming real estate development projects in the state directly from the websites of the competent authority. The decision was taken to prevent developers from submitting fake documents. Ajoy Mehta, Chairman of MahaRERA, said, “We have seen how builders submitted …
Daniel P. Reininga Daniel P. Reininga, president and CEO of Lake Shore Bancorp, Inc., announced his plans Thursday to retire in May after serving 29 years with the bank, including 12 as chief executive officer. Reininga, 64, took the helm in 2011 when the bank’s assets were $488 million and grew them …
Reininga plans to retire in May from Lake Shore Bank | News, Sports, Jobs Read More »
Monetisation of India Tourism Development Corporation’s (ITDC) prized property The Ashok here will likely be structured into three separate deals with the hotel to be leased out under one of them. Two vacant land parcels currently with the hotel will likely be leased out separately for the commercial development of office space and service apartments. …
Scheduled to break ground in late 2023 and open in 2025, The Gwendolyn will be located in the heart of the state’s Willamette Valley wine region. Regional first A first-of-its-kind hotel for the region, the property will feature 92 luxurious guestrooms, destination restaurant and retail spaces, a rooftop pool with accompanying restaurant and bar, a …
SLIEMA, Malta, Dec. 23, 2022 /PRNewswire/ — The Nomination Committee for the 2023 AGM of Kindred Group plc (Kindred) has unanimously decided on the following proposals to the Annual General Meeting (AGM) of Kindred in April 2023: a) That the Board of Directors should consist of nine (9) members and no deputy members for the period …
Kindred’s Nomination Committee proposes five new members to the Board of Directors Read More »