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Posted on October 11, 2023

Pakistan to experience harsh winter from October

Pakistan is bracing for a harsh winter this year with the first powerful western disturbance of the season expected to bring rain, hail, and snowfall across the country.

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Posted on October 11, 2023

The Postcard Hotel to open new property in Rajasthan, India, next year

Room rates at the property will start at Rs195,000 ($2,342.27) per night, making it the ‘most expensive hotel’ in India.

( read original story …)



Posted on October 11, 2023

India’s Billionaire Boom: Rise in High-Net-Worth Individuals and Their Global Property Investments

India, a country known for its rich history, diverse culture, and rapidly growing economy, is witnessing a remarkable rise in the number of high-net-worth individuals (HNWI). A staggering 1300 Indian …

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Posted on October 11, 2023

Real estate demand strong despite rising interest rates – REA India CEO

Demand in India’s rate-sensitive real estate sector is robust as pent-up demand after the pandemic and rising consumer confidence have helped home buyers shrug off concerns of rising interest rates, …

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Posted on October 11, 2023

China property creditors face worsening restructuring terms as sector recovery hopes sour

By Clare Jim, Xie Yu and Davide Barbuscia HONG KONG/NEW YORK (Reuters) – As more Chinese property developers move towards restructuring billions of dollars of debt, their offshore creditors are …

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Posted on October 11, 2023

China’s property crisis just keeps getting worse — property giant Country Garden just warned it may default on its debt

It said in a Tuesday filing it did not make a principal payment of HK$470 million, or $60 million that was due.

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Posted on October 11, 2023

China’s property sector consolidation is ‘not finished,’ KraneShares says

Xiaolin Chen, KraneShares’ head of international business, discusses Chinese real estate developer Country Garden Holdings and the stress in the country’s sector.

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Posted on October 11, 2023

Property crisis in China: IMF worries about country’s financial stability

At the ongoing World Bank-IMF annual meetings in Morocco, IMF officials urged Chinese authorities to intervene as an unprecedented property crisis rocks the world’s second-largest economy.

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Posted on October 11, 2023

GCB turned urban farm: URA looking into use of Three Arrows co-founder Zhu Su’s property

THE Urban Redevelopment Authority (URA) is looking into the activities being carried out at a Good Class Bungalow (GCB) linked to Zhu Su, co-founder of failed crypto fund Three Arrows Capital. The Business Times (BT) reported on Oct 2 that the GCB,

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Posted on October 11, 2023

US sends hostage experts to help Israel get its people back from Hamas

US sends hostage experts to help Israel get its people back from Hamas – President Joe Biden has directed a team to work ‘on every aspect of the hostage crisis’

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