Posts Tagged “in”

Chrysler Building Owner Sells Stake in Zurich Property for ERC-20 Tokens and Cash

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Chrysler Building Owner Sells Stake in Zurich Property for ERC-20 Tokens and Cash

The new owner of the Chrysler Building is selling a property worth $135 million to a blockchain real-estate company, taking a fifth of the purchase price in tokenized securities. New York-based RFR Holdings, which purchased the Chrysler Building in a joint agreement in March 2019, agreed to sell its majority stake in a commercial property in Zurich…

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Pay double property tax as penalty if violated building plans in Bengaluru

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Pay double property tax as penalty if violated building plans in Bengaluru

Property owners in Bengaluru who have violated building plans will now have to pay double the property tax as penalty, the Cabinet decided on Friday. Briefing reporters, Law Minister J C Madhuswamy said the Cabinet approved an amendment to the Karnataka Municipal Corporations Act to include the Bruhat Bengaluru Mahanagara Palike (BBMP) in order to levy…

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Four-member gang of property offenders caught in Hyderabad

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Four-member gang of property offenders caught in Hyderabad

Hyderabad: A four-member gang of property offenders was caught by the city police and 19 mobile phones, an autorickshaw and Rs 54,500 cash were recovered on Monday. Acting on a tip off, the team caught Mohd Ibrahim Hussain (28) of Yakutpura, Mohd Shareef (26) of Aman Nagar, Syed Gayaz Hashmi (28) of Aliabad, and, Syed Rasheed…

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BJP govts in UP, Assam shot people like dogs for damaging property, claims Dilip Ghosh

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BJP govts in UP, Assam shot people like dogs for damaging property, claims Dilip Ghosh

Dilip Ghosh (Photo Bandeep Singh/India Today) BJP state president Dilip Ghosh courted controversy on Sunday by threatening to shoot and kill those involved in damaging public property “like the same way in Uttar Pradesh”. Addressing a public meeting in West Bengal’s Nadia district, Ghosh came down heavily on Chief Minister Mamata Banerjee “for not opening…

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Will the SBI rate cut push property sales in 2020?

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Will the SBI rate cut push property sales in 2020?

State Bank of India (SBI), the country’s largest lender, recently cut its lending rates linked to the central bank’s repo rate by 25 basis points (bps), lowering borrowing costs for homebuyers. Most experts are of the opinion that SBI’s decision to cut home loan rates could encourage other banks to follow suit. It would also ensure…

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15 Ideas Businesses Can Use in 2020

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15 Ideas Businesses Can Use in 2020

If you want to be a profitable start-up in 2020, you should provide services to other businesses, or be a business-to-business company. While service businesses are relatively easy to start, many entrepreneurs shy away from them, preferring to promote a product. Let’s highlight 15 B2B services that you can provide in your start-up in 2020. Business…

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Climate change impact: Rising sea levels may impact property prices in coastal areas

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Climate change impact: Rising sea levels may impact property prices in coastal areas

Has climate change started to impact property prices? While it is well known that rising water levels, heat waves, droughts, bush fires and floods are creating havoc and denting real estate values across the world, such natural calamities are being seriously tackled by governments at a policy level. However, India is yet to wake up…

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Construction, property industries in trouble: Rajan

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Construction, property industries in trouble: Rajan

India’s real estate, construction and infrastructure industries are in “deep trouble,” and non-bank finance companies which lend to these sectors should have their asset quality reviewed, former Reserve Bank of India (RBI) Governor Raghuram Rajan said. There is also “significant distress in rural areas,” Rajan wrote in an opinion piece in India Today magazine. He…

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PVR Cinemas opens its first international property in Sri Lanka

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PVR Cinemas opens its first international property in Sri Lanka

Leading multiplex chain PVR Cinemas marked its international foray by launching its first property in Sri Lanka on Friday. The multiplex chain said that it has opened a 9-screen property at Colombo in collaboration with the Shangri La Group. The company had first announced plans to enter Sri Lanka about two years ago. In a…

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Cygnett Hotels & Resorts Opens its Latest Property in McLeodganj

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Cygnett Hotels & Resorts Opens its Latest Property in McLeodganj

CYGNETT HOTELS is constantly taking strides to open new properties to promote sublime hospitality experience and promote destinations unlike before. In its latest endeavour, the Cygnett Group launched Cygnett Style Signature in McLeodganj, Himachal Pradesh. With this opening, it is inching closer to its target to have an inventory of 35 properties by 2020. Cygnett…

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MBA student, friend held for property dealer’s murder in Gurugram

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MBA student, friend held for property dealer’s murder in Gurugram

GURUGRAM: An MBA student and her friend were arrested by Gurugram police on Saturday for allegedly murdering sarpanch-cum-property dealer Roshan Lal at Rajendra Park here on Saturday. The MBA student, identified as Sumit Phogat (24), and her associate, Vikram (32), were arrested from Honda Chowk early on Saturday. Phogat reportedly confessed that she committed the…

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China’s imports and exports fell more than expected in September

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China’s imports and exports fell more than expected in September

China’s import and export data for September came in worse than expected amid the country’s ongoing trade friction with the U.S., Reuters reported on Monday, citing the Chinese customs. In U.S. dollar terms, China’s exports fell 3.2% in September from a year ago, while imports dropped 8.5% during the same period, according to Reuters. The…

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40 lakh slum dwellers in Delhi to win property rights

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40 lakh slum dwellers in Delhi to win property rights

Almost 2,000 informal settlements in Delhi are set to be legalised under a new law agreed by the government this week, which ministers said would give more than 4 million residents the right to own their homes in India’s capital.  Union Cabinet this week passed a bill to regularise 1,797 unauthorised slums in the country’s…

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SBI, Bank of Baroda, Kotak Mahindra Bank offer personal loan in 59 minutes. How it works

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SBI, Bank of Baroda, Kotak Mahindra Bank offer personal loan in 59 minutes. How it works

Banks have now started offering in-principle approval of personal loan in less than an hour on ‘PSB Loans in 59 Minutes’ portal from this September. More than 25 public and private sector banks, including the State Bank of India (SBI), Punjab National Bank (PNB), Bank of Baroda, Kotak Mahindra Bank and Union Bank of India will approve…

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