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Posted on September 14, 2023

GSIS sells Manila property for P258 million

State-run pension fund Government Service Insurance System (GSIS) has sold its property in Manila for P258 million to serve as a housing project for informal settlers. GSIS and the Social Housing …

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Posted on September 14, 2023

‘IMARAT Group’ Highlights Pakistan’s $40 Billion Housing Investment Potential at Cityscape Global

With 70% of overseas Pakistanis channeling their remittances into the property and contributing USD12 billion annu …

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Posted on September 14, 2023

India growth may moderate in Q3 while China property slump casts shadow on global prospects: Fitch

Fitch Ratings predicts that India’s economic growth will slow in the third quarter, despite the country’s resilience in the face of tighter monetary policy and weak exports. Fitch has maintained India …

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Posted on September 14, 2023

Do I Need To Pay Tax On Inherited Property?

When an inherited property is sold, the ensuing capital gains may attract tax and the owner of the inherited property is liable to pay the tax at the applicable rate. Once the property remains in …

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Posted on September 14, 2023

Return property papers within 30 days of loan repayment else pay ₹5000 a day: RBI to banks

These guidelines are for all such documents that are due to be released on or after December 1, the central bank said.

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Posted on September 14, 2023

DBS chief says China pessimism not ‘overdone’ but upbeat about India prospects

DBS Group chief executive Piyush Gupta said current widespread pessimism about China’s economy was not “overdone” but he was upbeat about India, where the bank plans to triple its business in the next …

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Posted on September 14, 2023

Moody’s cuts China property sector’s outlook to negative

Moody’s on Thursday cut China’s crisis-hit property sector’s outlook to negative from stable, citing economic growth challenges the ratings agency said would dampen sales despite government support.

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Posted on September 14, 2023

China Developer Distress Builds, Clouding Junk Bond Rebound

Developers still make up most offshore defaults by Chinese bond issuers, and missed payments continue to climb. Delinquencies by all borrowers have topped $40 billion and are running ahead of 2022’s …

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Posted on September 13, 2023

Investors Scour Hong Kong Hotels for Student Dorms, Rentals

In Hong Kong’s relentless property downturn, there is one bright area for investors: buying hotels and converting them into student housing or rental units.

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Posted on September 13, 2023

Kyrenia, Cyprus: Everything You Need To Know

JTVCY3BfcG9wdXAlMjBkaXNwbGF5JTNEJTIyaW5saW5lJTIyJTIwc3R5bGVfaWQlM0QlMjI3MzI0MyUyMiUyMHN0ZXBfaWQlMjAlM0QlMjAlMjIxJTIyJTVEJTVCJTJGY3BfcG9wdXAlNUQ=JTVCd2Jjcl9odG1sX3NuaXBwZXQlMjBpZCUzRCUyMjg0MDQ1JTIyJTVE …

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