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Knight Frank India s recent report reveals a notable rise in ghost shopping malls, with 64 such malls identified in 2023 compared to 57 in 2022. These malls, characterized by a vacancy rate exceeding 40%, saw a 58% increase in area, reaching 13.3 million square feet. The report highlights the challenges faced by Grade C assets and ghost shopping centers, emphasizing the need for landlords to rejuvenate or divest such properties. ....
Delhi-RERA Chairman Anand Kumar has urged the real estate developers to file complaints against buyers of they are not making the payment on time. At the CII Real Estate Conference, Kumar said that there is a need to train, skill human-resources in real-estate sector. Kumar said that the for the completion of a project, timely payment from the buyers is necessary. ....
Expatriates returning to South Africa find favourable property-investment opportunities due to the exchange rate, particularly in Cape Town and Gauteng. ....
The grass is greener where you water it: expats return to SA to invest in property iol.co.za - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from iol.co.za Daily Mail and Mail on Sunday newspapers.
Property registrations in Mumbai municipal area are expected to increase by 33 per cent annually, reaching around 12,500 units this month, driven by stable demand and positive sentiment. Residential units make up 80 per cent of the registered properties, and the city is estimated to see over 1,27,000 registrations this year, generating revenue of more than Rs 10,000 crore. , Mumbai News, Times Now ....