WeWork Inc said on Thursday it plans to cut about 300 roles across countries to cut costs as high inflation weighs on office workspace spending. The New York-based company, which offers workstations, private offices and customized floors, had enjoyed a pandemic-driven shift to flexible work outside traditional offices. But with companies cutting their spending, WeWork … Read more
New features give real estate professionals predictive insights to help sell their clients’ homes in today’s challenging market SANTA CLARA, Calif., Jan. 10, 2023 /PRNewswire/ — In a cooling housing market, real estate professionals may find they have to work harder to win a listing and make a sale. New enhanced listing intelligence features from … Read more
Several professors of JNU and other institutions have accused a former JNU employee of duping them of crores of rupees promising them homes on a DDA plot under a housing development scheme which was never there. After waiting for over seven years, when these academics did not get anything except hollow promises, their patience ran … Read more
BK Modi Group plans to invest about USD 1 billion over the next five years in Indian real estate and wellness space as it sees huge growth potential in these two sectors. In an interview with PTI, group founder B K Modi asserted that there is a tremendous scope of bringing new technologies in the … Read more
A handful of successful real estate investors agree that mortgage interest rates aren’t too high. Of course, they’re higher than what we saw last year, but that was a unique situation. Rather than letting market conditions dictate how you invest, focus on what you can control. A handful of successful real estate investors agree: Stop … Read more
US home sales are extending declines as Federal Reserve tightening boosts mortgage rates. That has helped tame inflation, which is now retreating from four-decade highs. But a housing market slowdown also increases the risk of a recession. Housing could be about to become a key policy puzzle for the Federal Reserve. Market activity has fallen … Read more
Shriram Housing finance (SHF) is a 85% subsidiary of Shriram City Union Finance (SCUF). SHF’s MD & CEO, Ravi Subramanian has informed the following – They are looking to grow both organically and inorganically Organically, the Company clocked a 54% year-on-year loan asset growth to Rs 6,546 crore at the end of September 2022 and … Read more
Kotak Investment Advisors Limited (KIAL) on Tuesday announced that the company has secured an anchor investment of $500 million from a wholly owned subsidiary of the Abu Dhabi Investment Authority (ADIA) for its 13th Real Estate (RE) Fund, a $1 billion platform targeting real estate investments in India. With this new fund, KIAL has raised, … Read more
Oberoi Realty (Oberoi), through it’s wholly owned subsidiary Oberoi Constructions Limited (OCL) has a JV – Oasis Realty (Oasis) with Mr Sudhakar Shetty (Sahana Group). Oberoi group holds 32.5% in the JV. Oasis has constructed a residential project, ‘Three Sixty West’ situated at Annie Besant Road, Worli, Mumbai. Oberoi has now called for an EGM … Read more