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Category: PROPERTY

Posted on June 12, 2023

Urban India going for bigger flats. Except in Mumbai, where they’re getting ‘smaller & smaller’

According to ANAROCK Property Consultants, Delhi-NCR saw biggest jump in average flat size, from 1,250 sq ft in 2018 to 1,700 sq ft in 1st quarter of 2023; it dropped in Mumbai from 932 to 743.

( read original story …)



Posted on June 12, 2023

Royal Orchid & Regenta Hotels expands internationally with Regenta Arie Lagoon in Sri Lanka

The new property is situated in Thalahena. Benefiting from its strategic location, a convenient 30-minute drive from the airport and the bustling commercial capital of Colombo, Regenta Arie Lagoon …

( read original story …)



Posted on June 12, 2023

Saudi Arabia: KAEC signs significant agreement for 29,000 sqm luxury resort

KAEC is a multi-faceted lifestyle residential communities, tourist, entertainment, and leisure destination catering to visitors and residents of all ages. . Saudi Arabia: KAEC signs significant …

( read original story …)



Posted on June 12, 2023

Andalusia sets up new company for utilities, property services

Andalusia Real Estate Investment & Development, a leading Dubai-based real estate developer, has announced the launch of its new company, Plan B which will handle the utilities and maintenance …

( read original story …)



Posted on June 12, 2023

Saudi Arabia fastest in the world for e-disposal of property

The Najiz portal under the Ministry of Justice has been instrumental in accelerating online judicial services, including the process of transfer of ownership and disposal of properties, encompassing …

( read original story …)



Posted on June 12, 2023

Meet the typical South Korean millennial: educated, overqualified for the job market, and part of the ‘kangaroo tribe’ that can’t afford to leave their parents’ homes

in part because they can’t buy property. In 2022, total personal-luxury-goods spending by South Koreans increased by 24%, a recent study by Morgan Stanley found, as reported in The Korea Times.

( read original story …)



Posted on June 12, 2023

Bank of Korea governor emphasises sophisticated response to growth, financial risk

The governor of South Korea’s central bank said on Monday a more sophisticated monetary policy was necessary this year, citing risk to growth and financial stability major policy factors.

( read original story …)



Posted on June 12, 2023

Impact of higher interest rates on Thai businesses and homebuyers

Concerns are rising among industry leaders that higher interest rates could negatively impact businesses, particularly small ones, and weaken the purchasing power of homebuyers.

( read original story …)



Posted on June 12, 2023

Construction slowdown threatens Vietnam’s building materials industry

Vietnam building materials industry warned of a challenging 2023 with many suppliers on the verge of bankruptcy due to slow progres …

( read original story …)



Posted on June 12, 2023

‘My sisters picked up by police’: Imran Khan amid tussle with Pakistan govt

Khan’s statement comes after Pakistan foreign minister Bilawal Bhutto-Zardari said that Khan was upset because the Pakistan Army was no longer supporting him.

( read original story …)



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