Page 2 - Property Market

Chinese firm Evergrande's fall should also serve as a warning to Vietnam

China Evergrande Group's debt blowup, with the tumbling home prices and mortgage boycotts that followed, have sent the economy into its deepest spin since the Cultural Revolution

Chinese banks inflating loan numbers amid struggle to meet govt demands

Some state-owned Chinese banks are extending loans to companies and then allowing them to deposit funds at the same interest rate

Luxury housing sales double in H1 2022, Mumbai region takes top spot

14% of 184,000 units sold in the top seven Indian cities in the period were luxury homes

China central bank cuts mortgage rate to support crisis-hit property market

The People's Bank of China (PBOC) lowered the five-year loan prime rate (LPR) by 1.5 percentage points, which matches its biggest cut on record, the BBC reported.

Chinese govt seeks to stabilise property market with loans, lower rates

Chinese banks lowered their benchmark lending rates while authorities stepped up support for the property market with additional loans, a govt-guided attempt at alleviating a worsening housing crisis

Saudi Arabia's economy is booming and this time it isn't only about oil

The property market of Saudi Arabia, the world's biggest exporter of oil, is red-hot as income from a spike in energy prices flows through the economy

China home prices fall for 11th month as mortgage 'boycott' continues

New home prices in 70 cities, excluding state-subsidized housing, declined 0.11% from June, when they sank 0.1%, National Bureau of Statistics figures showed Monday

As China's property crisis deepens, experts see a silver lining for India

The crisis that started with the collapse of real estate giant Evergrande has become worse for China, with several property giants now showing signs of potential loan defaults

Home sales growth or decline? Property market split over demand

Residential sales hit a nine-year high in the first half of this calendar year (CY), said UK-based property consultant Knight Frank in a report recently

Dynamix Group to launch three new property projects in Mumbai this year

The Mumbai-based developer earned Rs 330 crore in top line in FY21, but the same rose more than three-fold to Rs 760 crore in FY22

Established residential realtors' topline to grow 35% in FY22: Report

This jump in sales for the 11 listed players was attributed to affordability and a preference for larger homes, owing to a surge in remote working driven by the Covid-19 pandemic, as per the report

Why investors fleeing Chinese property market see India as an opportunity

Rising inflation means there have still been losses for broader Asian bonds-- as there have been in many parts of credit markets globally -- but they've been much milder

Shimao puts residential projects on sale as China property woes deepen

The Shanghai-based property developer has struck a preliminary deal with a Chinese state-owned company to sell its Shimao International Plaza Shanghai, a commercial property on Shanghai's Nanjing Road

Will omicron spoil the party for India's real estate sector?

The third Covid-wave, led by the Omicron variant, is threatening to cast a shadow over home sales once again. Let's take a look at whether the resurgence of Covid-19 will impact the property market

What is the Model Tenancy Act?

The government had cleared the Model Tenancy Act (MTA) last year to regulate the rental market and unleash the potential in the real estate sector. Our next report tells more about this new Act

China property bets roiled by deleted post on 'all out' support

The news sent more than 20 Chinese property and construction stocks jumping by the 10% daily limit on Tuesday.

No impact of Omicron variant so far on property market: CREDAI

Realtors body CREDAI on Friday said that there has been no impact of the new Omicron variant on the property market so far and growth in sales volumes is likely to continue. "There has been no significant impact of the new Omicron variant on India's realty market and the growth momentum post festive sales is expected to continue," CREDAI said in a statement. As many as 25 cases of Omicron variant of COVID-19 have been reported so far in India. For the time being, CREDAI said it is not expecting any disruption in project construction pace. The deliveries of projects will also remain unaffected unless there is a significant rise in the infections in the months to come. Credai President Harsh Vardhan Patodia said: "Developers have learnt from the previous two waves of the pandemic and are fully prepared to manage any disruption pertaining to supply chain and labour supply to a large extent." He urged the government to exempt real estate and construction from any future lockdowns or .

China property market to keep cooling into H1 2022 on tight curbs: Survey

The property sector, a key driver of growth in the world's second-largest economy, has slowed sharply in recent months

Chinese developer Kaisa suspends shares as property debt crisis worsens

The Shenzhen-based homebuilder said it was facing unprecedented liquidity pressure

Chinese developer Kaisa plunges as poor Oct sales add to liquidity worries

Kaisa said late on Wednesday its October contracted sales dropped 30.5% to 8.195 billion yuan ($1.28 billion) from a year ago, while sales in the first 10 months rose 23%.