Posts Tagged “property”

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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Railway property worth Rs 80 crore damaged during anti-CAA riots, to be recovered from the rioters: Railway Board Chairman

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Railway property worth Rs 80 crore damaged during anti-CAA riots, to be recovered from the rioters: Railway Board Chairman

Apart from police personnel and the public being injured in several places of the country, the anti-CAA riots perpetrated by the far-leftist brigade and the members of the Opposition has left state-owned properties worth crores being damaged. Apart from both public and private vehicles and other public properties, railway properties were also damaged by the…

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Those who destroy govt property will be shot, says Dilip Ghosh

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Those who destroy govt property will be shot, says Dilip Ghosh

West Bengal BJP chief Dilip Ghosh. (Express file photo) West Bengal BJP state president Dilip Ghosh has said that those destroying government properties will be shot. “Dosh hok ba aksho hok, desher sompotti noshto korle guli khete hobe. Ta she Assam e hok, ba Uttar Pradesh e hok (Be it 10 or 100, those destroying our nation’s…

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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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Goliaths of India property rise as slowdown swallows small firms

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Goliaths of India property rise as slowdown swallows small firms

Indian home buyers are flocking to the nation’s well-funded publicly traded developers as risks of stalled and delayed housingNSE 1.23 % projects mount at smaller players in the industry. While overall home sales remain weak, India’s top nine listed real estate companies saw sales jump 159% in the year ended March from 2017, when the slowdown began,…

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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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J&K politicians amassed property by looting development funds: BJP

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J&K politicians amassed property by looting development funds: BJP

The Bharatiya Janata Party (BJP) on Sunday said people have right to know about the property “amassed” by mainstream politicians in Jammu and Kashmir. “We are demanding that the government should undertake evaluation of the property of all mainstream politicians in J&K including those associated with the BJP,” said the party General Secretary (Organization) Ashok…

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PROPERTY SALES

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PROPERTY SALES

The following property sales were recorded in Jefferson County clerk’s office Nov. 18: City of Watertown: Two parcels: 1) 0.21 acres, 678 Leray St., 2) 0.69 acres, 686 Leray St., Nelson C. Schorr, Watertown, sold to Northside Car Wash LLC, Watertown $290,000 Town of Henderson: 0.23 acres, 15321 Snowshoe Road, Jeffrey Z. Haun and Sarah…

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Thai government introduces property stimulus package

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Thai government introduces property stimulus package

PHOTO: homeservicerayong.com “Buyers must earn no more than 100,000 baht a month and be registered on the Revenue Department’s tax database.” Thailand’s Finance Ministry spokesman Lavaron Sangsnit says that the three major housing associations are ready to support the government’s latest stimulus measures to support home purchases. There was a meeting between Ministry officials and…

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Embassy Property offers to sell office space to Embassy REIT

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Embassy Property offers to sell office space to Embassy REIT

Bengaluru: Embassy Office Parks REIT on Monday said that it has received a right of first offer invitation from Embassy Property Developments Pvt Ltd for the potential sale of around 8.7 million sq ft of completed and under-construction office space in Embassy Tech Village, Bengaluru. Blackstone Group Lp and Bengaluru-based real estate firm Embassy Property Developments are…

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