London's Canary Wharf Property Values Plummet

UK realty: Home prices surge highest in 10 months

In Britain, there had been a significant rise in the prices of homes put up for sale, marking the most substantial increase in nearly a year. This increase was attributed to the recovery of the housing market, which instilled confidence in sellers. Particularly, London witnessed the highest surge in demand, according to an industry survey released.

According to the survey conducted by property website Rightmove, asking prices for residential properties had increased by 1.5% in the four weeks leading up to March 9. This surge marked the strongest four-week increase in 10 months. Howeve..

UK home prices surge highest in 10 months

In Britain, there had been a significant rise in the prices of homes put up for sale, marking the most substantial increase in nearly a year. This increase was attributed to the recovery of the housing market, which instilled confidence in sellers. Particularly, London witnessed the highest surge in demand, according to an industry survey released.

According to the survey conducted by property website Rightmove, asking prices for residential properties had increased by 1.5% in the four weeks leading up to March 9. This surge marked the strongest four-week increase in 10 months. However..

London's Innovative Partnership Spurs Real Estate Growth

London has embarked on a groundbreaking journey to reshape its real estate sector through a dynamic public-private partnership. This strategic alliance aims to attract substantial investments, fostering sustainable urban development and economic growth.

In an era where collaboration is key, London's initiative stands out as a model for leveraging collective strengths. The partnership seamlessly blends public resources with private expertise, creating an environment conducive to innovation and progress. Investors are drawn to the city's commitment to revitalizing neighborhoods, enhancin..

Shriram Finance Sells Housing Finance Business

Shriram Finance has finalised the sale of its entire 85% stake in the housing finance business to Warburg Pincus for a whopping Rs 46.30 billion. This move marks Shriram Finance's exit from the housing finance sector, signalling a strategic shift in its business focus. The deal, valued at over Rs 54 billion including a stake sale and fresh equity infusion, positions Warburg Pincus as a significant player in the Indian housing finance market.

Shriram Finance's decision to divest its housing finance arm aligns with its broader corporate strategy, aimed at optimising its portfolio and conc..

BMC Finds 188 Dilapidated Buildings in Mumbai

The Brihanmumbai Municipal Corporation (BMC) has identified 188 dilapidated buildings across Mumbai, with a significant concentration of 47 in the eastern suburbs alone. This move comes as part of the BMC's ongoing efforts to ensure structural safety and mitigate risks associated with ageing infrastructure in the city.

The identification of these dilapidated structures underscores the pressing need for proactive measures to address potential hazards and safeguard the lives of residents. The BMC's focus on monitoring and assessing the structural integrity of buildings reflects its commit..