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Posted on August 30, 2022

RBI’s repo rate hike hits property sales in Mumbai, drops 28% MoM in August: Report

Despite, the property sales registration in Mumbai recorded a 20% rise YoY in August 2022, contributing over ₹620 crores to the state government revenues; in the last 10 years, 8 out of the 10 August …

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Posted on August 30, 2022

As China’s property crisis grows, is the global economy at risk?

China’s house prices are falling as Beijing reins in sector, raising fears for economic growth at home and globally.

( read original story …)



Posted on August 30, 2022

Country Garden, China’s biggest developer, ‘deeply sorry’ as profits tumble 96 per cent amid struggling property market

‘We are facing a bitter winter that we have never seen in the history of China housing,’ says chief executive officer Mo Bin It was the sharpest decline since the company listed its shares in Hong …

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Posted on August 30, 2022

China’s biggest property developer Country Garden sees profits plunge 96%

The company blames the ‘severe depression’ in the property market and says ‘only the fittest will survive’ …

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Posted on August 30, 2022

Pakistan floods: ‘Monster monsoon’ kills more than 1,000 as Queen says she is ‘deeply saddened’

All four of the country’s provinces have been hit by the unusually heavy rains, with more than 30 million people affected, and experts have warned the “peak” may be yet to come.

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Posted on August 30, 2022

Pakistan Floods: Death Toll Nears 1,000, World Starts Sending Relief Material

Close to 1 million houses have been totally or partially damaged because of floods, leaving millions of people homeless, according to Pakistani government.

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Posted on August 30, 2022

One-third of Pakistan under water as floods wreak havoc, toll reaches 1,136 | Top points

Devasting floods have wreaked havoc across Pakistan and one-third of the country is under water. The toll has reached 1,136 and the IMF approved the revival of its Extended Fund Facility programme.

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Posted on August 30, 2022

Death toll in Pakistan passes 1,110 as monsoon floods reach historic levels

Historic flooding in Pakistan has now killed 1,100 people and caused $10 billion in damage since mid-June. At least 33 million people have been impacted and one-third of the country is submerged. Sara …

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Posted on August 30, 2022

Construction of Guru Nanak’s gurdwara in Pakistan, stopped midway in 1947, resumes

Now after 75 years of lying in shambles, Gurdwara Nanaksar – whose construction had begun in Sialkot district’s Daska tehsil in 1944 but came to a standstill in 1947 – is being completed by Pakistan’s …

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Posted on August 30, 2022

China property crisis: Is the global economy at risk?

China’s house prices are falling as Beijing reins in sector, raising fears for economic growth at home and globally.

( read original story …)



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