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UP CM meets homebuyers, real estate developers; discusses delayed housing projects
Uttar Pradesh Chief Minister Yogi Adityanath on June 14 visited Gautam Buddh Nagar to review various development works. He also met real estate developers and homebuyers to discuss issues relating to delays in the delivery of housing units, sources said. As per estimates, over 3 lakh homebuyers in UP are yet to receive their houses. The chief minister met real estate Read More
Ola to setup Advantaged Technology Centre in Bay Area for electric, connected, autonomous vehicles
Ola announced that it is setting up an advanced technology centre in the Bay Area, which will primarily focus on developing next-generation technologies in electric, connected and autonomous vehicles. the team is looking to hire 150 engineers. The centre will build cutting-edge technology solutions to accelerate the company’s ambitions across electric mobility and connected vehicles, as well as lead futuristic Read More
Real estate slump continues, March sees 43% fall in home launches
The residential real estate market across the country saw a 43% year-on-year decline in launches in March. However, sales during the month saw a 10% y-o-y increase. The launches saw a staggering decline in March amid the uncertainty over GST (goods and services tax) rates as well as the liquidity crisis. This led to an overall fall of 6% y-o-y Read More
Africa’s Technology Hub Rises in a Congested Lagos Neighborhood
The fading facades of century-old buildings in a neighborhood of the Nigerian megacity of Lagos house a vibrant technology cluster that’s caught the eye of Facebook Inc. and Alphabet Inc.’s Google. The Yaba area, home to the Yaba College of Technology and the University of Lagos, is an emerging technology ecosystem — from fewer than 10 startups in 2013 to more than 60 today, Read More
3 Reasons Why Professional Athletes Should Think More About Money
The career of a professional athlete starts early and pays big, but lasts on average 8.5 times shorter than that of a well-paying corporate position. Here are three of the biggest reasons why professional athletes should think about their money. 1. This is Probably Their First Paycheck Of all the strategies athletes perfect, a financial strategy typically isn’t one of Read More
Fraud, diversion of funds: Real estate giant Ansal API under the scanner in UP
Lucknow: Real estate giant Ansal API, entrusted with around 90 projects in Uttar Pradesh, now finds itself under the scanner for alleged fraud, criminal breach of trust and diversion of funds. The latest blow came last week when a Lucknow court issued a non-bailable warrant (NBW) against the firm’s top management, including chairman Sushil Ansal and his son Pranav Ansal. “Two Read More
Dubai’s real estate transactions value tops $9.25bln
The value of the total real estate transactions in Dubai surged to more than Dh34 billion ( ) during the first five months of 2019, up 33 per cent from Dh24 billion last year, according to Dubai Land Department (DLD). The value of residential and commercial apartments’ deals topped Dh17 billion, while land purchasing transactions amounted to Dh14 billion and villas deals Read More
The Trifecta: How Art, Data And Technology Drive Creativity At WE Communications
In 2017, when he was executive creative director at the digital agency POSSIBLE in Seattle, Ray Page led his team on a campaign that changed the way he thought of creativity, technology and the power of data. WeCounterHate is a social media tool that leverages machine learning and deep human expertise to confront hate speech on Twitter. The success of this platform (a 50% Read More
Indiabulls Real Estate shares surge for second straight day
New Delhi: Shares of the Indiabulls Real Estate (IBREL) surged as much as 17% in two days on buzz of US-based Blackstone acquiring a part of the promoters stake in the company. Indiabulls Real Estate in a statement to stock exchanges said its promoters intend to dispose of up to 14% of the fully paid-up share capital of the company (out of the Read More
Now, real estate developers file cases against homebuyers in UPRERA
Real estate developers are now taking recourse to RERA and lodging complaints against homebuyers for non-payment of dues. As many as 50 such cases have so far been filed with UPRERA, sources told Moneycontrol. Some builders have also filed complaints with UPRERA against development authorities for not issuing completion certificate on time, they said. As many as 43 cases have been Read More