A version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving opportunities for the real estate investor, from individuals to venture capitalists, private equity funds, family offices, institutional investors and large public companies. Sign up to receive future editions, straight to your inbox. French…
Authorities may require disclosure of assets, initiate seizure proceedings, escalate the case to civil courts or order civil imprisonment for continued refusal to pay compensation. In extreme situations, authorities may also restrict the builder from launching new projects or take further regulatory action. Failure to abide by a RERA order constitutes a critical legal offense…
New Delhi: Nearly 30,000 acres of new campus land and about 2.7 billion square feet of academic infrastructure are expected in India by 2035 to meet surging student demand, marking world’s largest institutional real estate opportunities over the next decade, a report said on Thursday. The report from ANAROCK Capital said that meeting the National…
Real estate is a vast sector brimming with a number of legal compliance that at times may leave first-time homebuyers confused. Among many documents that determine the legality and usability of a property, the Completion Certificate (CC) and the Occupancy Certificate (OC) stand extremely important. These certificates are issued by local municipal or development authorities…
NEWYou can now listen to Fox News articles! A married CEO of a nearly $900 million real estate firm is accused in a lawsuit of offering a female employee millions in cash and luxury real estate in an alleged effort to lure her away from her husband. The allegations are laid out in a lawsuit…
Indians’ love for land is never-ending and the real estate developers have been catering to those aspirations for a long time. Since the Delhi-NCR is highly populated and densely packed and land is a costly affair in Noida, Gurugram and Delhi, people are moving towards other cities of Haryana and Rajasthan. To decongest Delhi, the…
A “sale pending” sign in front of a home for sale in Larkspur, California, Nov. 30, 2023. Justin Sullivan | Getty Images Serious headwinds in the housing market and the broader economy are tanking home sales at an alarming rate. More than 40,000 signed home purchase agreements were canceled in December, representing 16.3% of all…
Wepro | Moment | Getty Images A version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving opportunities for the real estate investor, from individuals to venture capitalists, private equity funds, family offices, institutional investors and large public companies. Sign up to receive future editions, straight…
An Industrious flexible office space. Courtesy: Industrious A version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving opportunities for the real estate investor, from individuals to venture capitalists, private equity funds, family offices, institutional investors and large public companies. Sign up to receive future editions,…
An “Open House” sign outside a home in Palm Beach Gardens, Florida, US, on Sunday, Jan. 11, 2026. Zak Bennett | Bloomberg | Getty Images Stagnant mortgage rates, falling housing supply and ongoing economic uncertainty weighed heavily on homebuyers in December. Pending home sales, a measure of signed contracts on existing homes, dropped 9.3% last…