Such in line with the announcements made by Union finance minister Nirmala Sitharaman in September, the cabinet on November 7 approved a Rs 25,000 crore special window to provide funding to stalled housing projects in a bid to revive the sector. According to the government, as many as 1,600 projects with 458,000 dwelling units will be covered under this. While Read More

More than 200m homes now have a smart speaker providing voice-controlled access to the internet, according to one global estimate. Add this to the talking virtual assistants installed on many smartphones, not to mention kitchen appliances and cars, and that’s a lot of Alexas and Siris. Because talking is a fundamental part of being human, it is tempting to think Read More

To ease the process of buying a house, the government will soon launch an e-commerce platform, Housing and Urban Affairs Minister Hardeep Singh Puri announced at the first National RERA Conclave held in Lucknow on November 4. “We’ve held discussions with both Credai and Naredco, and we will soon come up with an e-commerce portal for the real estate sector, possibly Read More

Decides to focus only on Mumbai and NCR markets Indiabulls Real Estate Ltd (IREL) on Saturday said its wholly-owned subsidiary has divested its entire stake in Century Ltd, which indirectly owns London-based Hanover Square property, to Clivedale Overseas Ltd, an entity owned by the promoters of IBREL for £200 million. In April, the company in a presentation said that it Read More

  NEW YORK — Fangdd Network Group, a leading Chinese online property technology company, listed its initial public offering (IPO) on the Nasdaq Global Market on Friday under the ticker symbol DUO. The deal size of the IPO contained 6 million American Depositary Shares (ADSs) at a price of 13 U.S. dollars apiece, each representing 25 Class A ordinary shares, Read More

The founders of Seattle-based Modus cold-emailed Pete Flint, the founder of Trulia and a current managing partner at the venture capital firm NFX, for months, to no avail. In a last-ditch effort, Alex Day, Jai Sim and Abbas Guvenilir sent one more message to the investor whose real estate listings tool sold to Zillow in 2014 for $3.5 billion. They were at a coffee shop Read More

The investments were led by Blackstone, Hines, Ascendas, and Brookefield With investments led by Blackstone, Hines, Ascendas, and Brookefield, cash-starved Indian real estate sector has attracted close to $3.8 billion in private equity (PE) from January-September 2019. This is a 19 per cent rise year-on-year (YoY). “During the first nine months, a total inflows equalled over $3.2 billion in the Read More

City Councilmember Ritchie Torres’ bid to represent the South Bronx in Congress is raking in real estate cash, campaign finance records show. Torres leads a crowded pack of Democrats seeking to replace retiring Rep. José Serrano, pulling in a top $878,000 since declaring his candidacy in July. At least $110,000 of that came from people with ties to the real Read More

Intestinal bacteria illustration (stock image). The intestinal microbiome is a delicate ecosystem made up of billions and billions of microorganisms, bacteria in particular, that support our immune system, protect us from viruses and pathogens, and help us absorb nutrients and produce energy. The industrialization process in Western countries had a huge impact on its content. This was confirmed by a Read More

New Delhi: In a move that may boost digital payments, businesses with an annual turnover of more than ₹50 crore will have to mandatorily offer electronic mode of payments to their customers from 1 November, the finance ministry said on Friday. Besides, no charges or merchant discount rate (MDR) — charge that payment systems and banks impose on commercial transactions– will be Read More