South Korea Boosts Real Estate Restructuring

15 May 2024 CW Team

South Korea has intensified its scrutiny of real estate transactions as part of efforts to expedite the restructuring of the sector. This move reflects the government's determination to address long standing issues in the real estate market and promote stability and transparency.

The increased scrutiny aims to identify irregularities and speculative activities that may undermine the stability of the real estate market. By enhancing monitoring and enforcement measures, South Korea seeks to create a more transparent and efficient real estate environment conducive to sustainable growth.

The government's efforts to accelerate real estate restructuring align with broader economic objectives aimed at promoting balanced and inclusive growth. By addressing systemic challenges in the real estate sector, South Korea aims to enhance the resilience of its economy and foster greater confidence among investors and stakeholders.

The tightened scrutiny is expected to have far-reaching implications for various stakeholders in the real estate market, including developers, investors, and homebuyers. It underscores the importance of compliance with regulatory requirements and adherence to ethical standards in real estate transactions.

Furthermore, the government's proactive approach to real estate restructuring reflects its commitment to addressing socio-economic issues such as housing affordability and income inequality. By promoting greater transparency and fairness in the real estate market, South Korea aims to create a more equitable society and improve the overall quality of life for its citizens.

Overall, the intensified scrutiny of real estate transactions represents a significant step towards achieving a more stable, transparent, and sustainable real estate sector in South Korea, laying the groundwork for long-term economic prosperity and social progress.

Infrastructure Energy

17 Dec 2025

Vedanta Aluminium Uses 1.57 bn Units of Green Energy in FY25

Vedanta Aluminium, India’s largest aluminium producer, recently reported consumption of 1.57 billion units of renewable energy in FY25, marking a significant milestone in its 2030 decarbonisation roadmap. The company also achieved an 8.96 per cent reduction in greenhouse gas (GHG) emissions intensity compared to FY21, reinforcing its leadership in India’s low-carbon manufacturing transition. During FY25, Vedanta Aluminium expanded its renewable energy portfolio through long-term power purchase agreements, strengthening its strategy to source nearly 1,500 MW of renewable power over the lon..

Oberoi Group to Develop Luxury Resort at Makaibari Tea Estate

EIH Limited, the flagship company of The Oberoi Group, has announced the signing of a management agreement to develop an Oberoi luxury resort at the iconic Makaibari Tea Estate in Darjeeling. The project marks a key milestone in the Group’s long-term strategy of creating distinctive hospitality experiences in rare and environmentally significant locations. Established in 1859, Makaibari is one of the world’s oldest tea estates and is globally recognised for its Himalayan landscape, primary forests and exceptional biodiversity. Spread across 1,236 acres, the estate houses one of the world�..

GHV Infra Secures Rs 1.09 Bn EPC Order in Jamshedpur

GHV Infra Projects Ltd, a fast-growing EPC company in India’s infrastructure and construction sector, has recently secured a Rs 1.09 billion work order in Jamshedpur, Jharkhand. Awarded by a reputed group entity, the contract covers end-to-end civil construction, mechanical, electrical and plumbing (MEP) systems, along with high-quality finishing works for a large building development. The project will be executed over a 30-month period, with defined benchmarks for quality, safety and timely delivery. The order strengthens GHV Infra’s footprint in Jamshedpur, a key industrial hub known fo..