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Global Real Estate

Real estate agent held for Gaya land scam

After over five months of lodging of a criminal case in Bodh Gaya in connection with the multi-crore land scam, a real estate agent who facilitated land transaction in fraudulent manner was arrested on Friday. The arrested real estate agent has been identified as Krishna Pandey. Probationer IPS Jagannath Reddy, who recently took over as Bodh Gaya police station SHO ...

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Singapore: Investors appear reluctant to step back into the market

Singapore’s property prices may have largely defied doomsday predictions for a crash, but investors appear reluctant to step back into the market anytime soon. While 29 percent cited rental income as a reason to buy, analysts are concerned about whether tenants and rents may be drying up “It has become increasingly difficult to rent out units as the increased completions ...

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1000 main building purchased for $440

Germany-based Union Investment announced it has finalized the purchase of the 36-story 1000 Main office tower in downtown Houston for approximately $440 million or about $525 per square foot, in one of the biggest Houston realty deals ever. “We are delighted to add this well positioned property with strong prospects for stable long-term income and rent growth to our excellent ...

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South Africa makes 19 hottest property markets in the world

Nigeria Union protest forceful takeover of house of a Nigerian missionary

Global property world compiled and analyzed the property price performance of the world’s big economies. They put together a list of the top 19 markets based on year-over-year, inflation adjusted price performance as of the fourth quarter of 2014. South Africa makes this list with markets ranked from least to most quickly appreciating. The hottest housing markets as published by ...

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Blackstone has reportedly raised $14.5 billion for Real estate fund

Blackstone exits investments in Synergy Property

Blackstone Group LP has gathered $14.5 billion from institutions for a global real estate fund and plans to collect an extra $1.3 billion from individuals, a person with knowledge of the matter said. The world’s biggest alternative-asset manager raised the money in about four months, said the person, who requested anonymity because fundraising details are kept private until the fund ...

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UAE company offers Caribbean passports with property purchase

Property developers in the United Arab Emirates are offering potential new home owners passports for Antigua and Barbuda when they buy a villa, opening up fresh avenues for visa-free travel to a wide array of countries for Emirati citizens. Al Jazeera reported on Tuesday that Sweet Homes – a company based in the emirate of Ajman – has incentivised its ...

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Grandma posing in Real estate photos goes viral

An 86-year-old Florida grandma is a viral star after her granddaughter shared photos of her humorously posing in her home on Twitter. Yolie Ball, who lives with her husband, Don, in Davenport, Florida, says her phone has been ringing off the hook since Thursday night when her 15-year-old granddaughter, Makenzie Ball, called to tell her she was now a viral ...

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Ready-built shippable houses from China

We now think of building our houses in China and have them shipped in. Ready-built town houses shipped from China to Cannington. Innovative WA builder Craig Forster said he was forced to build offshore because no WA steel-frame home manufacturers could meet his demands. The homes, completely finished with all the cabinetry, tiling, flooring, plumbing and electrical fixtures, were erected on ...

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