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The Latest Breaking News on Real Estate

Thousands of London homeowners to face double council tax payments in crackdown on empty properties

There are some 34,327 properties classed as "long-term vacant" in London, according to government data

Evening Standard

House prices surge in years since pandemic

House prices have risen by more than 30 per cent across Australia in the four years since the outbreak of COVID-19, a report has revealed.

AAP

Rural land battle over manufactured home estates

'People in Windella have paid quite a lot of money to live here.'

Newcastle Herald

From analysis to the latest developments in health,
read the most diverse news in one place.

Capacity crunch on National Grid is delaying new homes in UK by years

Council leaders warn of ‘infrastructure crisis’ that will also affect green energy schemes and hinder growth

The Guardian - UK

US Embrace Of Remote Working Empties Offices, Weighs On Banks

International Business Times

Developer proposes 27 townhouses worth $1-million each in Georgetown

Stirling Property Group submitted a $10m application.

Newcastle Herald

Entire township must be registered as one unit under RERA, says TNREAT

Chennai real estate: TNREAT rules township with high rise towers must be registered as single project under RERA.

The Hindu

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How To Avoid Capital Gains Taxes

A few small changes in your investing strategy can result in big tax advantages.

Kiplinger

Rental affordability rate drops to lowest level

A new report has shown the affordability of rental properties for those on median incomes has fallen to the worst level since records began.

AAP

Biden Proposes New Homebuyer Tax Credits

President Biden called for new middle-class tax breaks in his State of the Union address.

Kiplinger

Real estate an important contributor to State revenue and growth: Minister Punguleti

Hyderabad real estate sector growth and revenue priorities addressed by Minister Ponguleti Srinivas Reddy at CREDAI property show.

The Hindu

ED seizes Rs 26 lakh cash other documents in raids against Samajwadi Party MLA Irfan Solanki, his aides

The Enforcement Directorate (ED) has seized cash worth Rs 26 lakh, various incriminating documents, in the form of handwritten diaries with description of illegal receipts, during raids at the premises of Samajwadi Party MLA Irfan Solanki and his brother and his associates. Read further on Dynamite News:

Dynamite News

Cubbit's creditors queue up for $7m in unpaid debts and incomplete work

Cubitt's creditors includes Hunter customers and contractors

Newcastle Herald

Council says cathedral 'pathway' reliant on state approving new Iris plan

The council says the original plan 'killed off' the corridor.

Newcastle Herald

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Evening Standard

Young Londoners on low incomes spend 77 per cent of earnings on housing, report finds

The capital’s young are said in the report to ‘face an almost impossible situation of high rents and house prices that are out of kilter with incomes’

International Business Times

Laying The Groundwork: Essential Steps To Start A Real Estate Business

Laying the groundwork for a real estate business involves a critical analysis of these market dynamics, a strategic approach tailored to the current climate, and an agile mindset ready to adapt to the evolving landscape.

Kiplinger

The 20 Hottest Rental Markets in the U.S.

A survey reveals that Miami takes the top spot as the most competitive rental market in the U.S., followed by Milwaukee, WI and North Jersey, NJ.

The Hindu

MUDA presents a surplus Budget, no new projects announced

MUDA Commissioner presents ₹6.03 crore surplus budget for 2024-25, focusing on group housing and peripheral ring road projects.

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Evening Standard

‘Missed opportunities’ to help first-time buyers in the Spring Budget 2024

First-time buyers will be disappointed that some changes were not made in the Budget, some commentators said

Evening Standard

London house prices see first positive growth in over a year, says Halifax

The figures suggest a relatively stable start to 2024 but there could possibly still be a slowdown in the housing market this year, Halifax said.

The Guardian - UK

UK ‘fiscally offside’ by up to £60bn, Citi fears; house prices rise again – as it happened

Rolling coverage of the latest economic and financial news, as economist warns OBR productivity forecasts are much too optimistic

AAP

Scammer jailed for stealing close to $400k from cousin

Angela Liberatore, 50, has been sentenced after she was found guilty by a jury of 33 counts of obtaining financial advantage by deception.

AAP

Paralegal who stole $1.5m locked up ahead of sentence

A judge has locked up former paralegal Athena Razos, 59, as he said jail was inevitable after she stole more than $1.5 million from a Melbourne law firm.

The Hindu

KPTCL plans underground substation in Bengaluru in PPP mode to augment transmission network

For augmentation of its transmission network to cater to the growing power demand in Bengaluru, Karnataka Power Transmission Corporation Ltd. (KPTCL) is planning to upgrade its existing Air Insulated Substations (AIS) to Gas Insulated Substations (GIS) through Public Private Partnership (PPP) model.

International Business Times

Land Grab Underlines Housing Crisis Ahead Of South Africa Poll

A violent stand-off between local residents and squatters that invaded a field outside Bloemfontein starkly underlines the politics behind South Africa's housing crisis ahead of May's cliff-edge general election.

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