Real Estate Crisis
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"Beyond Reach Of Middle-Class ": Post Highlights How Buying a Home In Delhi Now A Distant Dream
The user shared how properties in well-known neighborhoods came with exorbitant price tags, making homeownership seem like an unattainable luxury.
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Student Awarded Rs 5 Crore After Landlord Empties Apartment Despite Rent Being Paid
Under South Carolina law, the real estate firm is required to pay two years' interest at 8% on the awarded amount.
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China's Evergrande Faces Over 1,300 Lawsuits Totalling $45 Billion: Report
Evergrande began to falter after China began cracking down on the property sector in 2020.
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Asia's Richest Woman Loses More Than $12 Billion In China Property Crisis
Asia's wealthiest woman lost more than half her fortune over the past year as China's real estate sector was rocked by a cash crunch, a billionaire index showed Thursday.
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Ukraine Crisis: Russians Liquidating Crypto in the UAE as They Seek Safe Havens
Crypto firms in the UAE are being deluged with requests to liquidate billions of dollars of virtual currency as Russians seek a safe haven for their fortunes, company executives and financial sources said.
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Sell Our Assets To Pay Off PMC Bank's Dues, Wadhawans To RBI, Agencies
Promoters of real estate group HDIL, Rakesh and Sarang Wadhawan, who are the prime accused in the PMC Bank scam, have requested the RBI and investigation agencies to sell off their assets, including a yacht, a Rolls Royce and an aircraft, to pay off the bank's dues.
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In PMC Bank Crisis, Directors Of Firm Accused Of Loan Default Arrested
Two directors of the real estate firm HDIL that set off the massive crisis at the Punjab Maharashtra Co-operative (PMC) Bank by defaulting on loans worth nearly Rs 6,500 crore have been arrested. Rakesh Wadhawan and Sarang Wadhawan, senior executives at Housing Development and Infrastructure Ltd (HDIL), were arrested by the Economic Offences Wing o...
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Suspended PMC Bank Chief Hid Info From RBI Fearing "Reputational Loss"
Former Punjab Maharashtra Co-operative Bank Managing Director Joy Thomas has admitted to misleading the RBI for six to seven years by concealing and misreporting defaulted loans worth Rs 6,500 crore taken by crisis-hit real estate firm HDIL
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PMC Bank Lost Rs 4,300 Crore, Case Against Promoters Of Defaulting Firm
A police case has been filed against Sarang Wadhawan and Rakesh Kumar Wadhawan, promoters of the crisis-hit real estate firm Housing Development and Infrastructure Ltd (HDIL), for loan default reported to be worth up to Rs 4,300 crore, sources said.
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When The American Dream Became A Mortgage Nightmare
A decade ago, as the financial crisis raged in the United States, Jesus Rodriguez told his kids a fib: he was selling the family furniture because they were moving to Disney World.
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Real Estate, Hit By PM Modi's Shock Therapy, In Deep Crisis
Removing 86 percent of cash, at the time a key part of many real-estate transactions, dented sales and new launches of residential projects, which make up 80 percent of the market.
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Sizzling Dubai Property Prices Cool Down
Dubai property prices are cooling to "healthy" levels after a two-year rally during which real estate rebounded from a slump when the global financial crisis hit in 2009.
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"Beyond Reach Of Middle-Class ": Post Highlights How Buying a Home In Delhi Now A Distant Dream
The user shared how properties in well-known neighborhoods came with exorbitant price tags, making homeownership seem like an unattainable luxury.
-
Student Awarded Rs 5 Crore After Landlord Empties Apartment Despite Rent Being Paid
Under South Carolina law, the real estate firm is required to pay two years' interest at 8% on the awarded amount.
-
China's Evergrande Faces Over 1,300 Lawsuits Totalling $45 Billion: Report
Evergrande began to falter after China began cracking down on the property sector in 2020.
-
Asia's Richest Woman Loses More Than $12 Billion In China Property Crisis
Asia's wealthiest woman lost more than half her fortune over the past year as China's real estate sector was rocked by a cash crunch, a billionaire index showed Thursday.
-
Ukraine Crisis: Russians Liquidating Crypto in the UAE as They Seek Safe Havens
Crypto firms in the UAE are being deluged with requests to liquidate billions of dollars of virtual currency as Russians seek a safe haven for their fortunes, company executives and financial sources said.
-
Sell Our Assets To Pay Off PMC Bank's Dues, Wadhawans To RBI, Agencies
Promoters of real estate group HDIL, Rakesh and Sarang Wadhawan, who are the prime accused in the PMC Bank scam, have requested the RBI and investigation agencies to sell off their assets, including a yacht, a Rolls Royce and an aircraft, to pay off the bank's dues.
-
In PMC Bank Crisis, Directors Of Firm Accused Of Loan Default Arrested
Two directors of the real estate firm HDIL that set off the massive crisis at the Punjab Maharashtra Co-operative (PMC) Bank by defaulting on loans worth nearly Rs 6,500 crore have been arrested. Rakesh Wadhawan and Sarang Wadhawan, senior executives at Housing Development and Infrastructure Ltd (HDIL), were arrested by the Economic Offences Wing o...
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Suspended PMC Bank Chief Hid Info From RBI Fearing "Reputational Loss"
Former Punjab Maharashtra Co-operative Bank Managing Director Joy Thomas has admitted to misleading the RBI for six to seven years by concealing and misreporting defaulted loans worth Rs 6,500 crore taken by crisis-hit real estate firm HDIL
-
PMC Bank Lost Rs 4,300 Crore, Case Against Promoters Of Defaulting Firm
A police case has been filed against Sarang Wadhawan and Rakesh Kumar Wadhawan, promoters of the crisis-hit real estate firm Housing Development and Infrastructure Ltd (HDIL), for loan default reported to be worth up to Rs 4,300 crore, sources said.
-
When The American Dream Became A Mortgage Nightmare
A decade ago, as the financial crisis raged in the United States, Jesus Rodriguez told his kids a fib: he was selling the family furniture because they were moving to Disney World.
-
Real Estate, Hit By PM Modi's Shock Therapy, In Deep Crisis
Removing 86 percent of cash, at the time a key part of many real-estate transactions, dented sales and new launches of residential projects, which make up 80 percent of the market.
-
Sizzling Dubai Property Prices Cool Down
Dubai property prices are cooling to "healthy" levels after a two-year rally during which real estate rebounded from a slump when the global financial crisis hit in 2009.
