Citibank To Pay $30 Million Fine to Settle Real Estate Violations

Citibank To Pay $30 Million Fine to Settle Real Estate Violations

Washington: Citibank has agreed to pay a $30 million (23.7 million pounds) fine to settle charges of repeated violations of real estate holding rules and for failing to meet its commitment to take corrective actions, the US Office of the Comptroller...
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Revival of NBFC sector linked with revival of real estate sector: Tamal Bandyopadhyay

Revival of NBFC sector linked with revival of real estate sector: Tamal Bandyopadhyay

What according to you is leading to the selloff and the negative sentiment in the BFSI space because many believe that the entire financial sector of the Indian economy is in a very brittle space and it is all going...
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US real estate sales to Chinese buyers to hit 8-year low: Report

US real estate sales to Chinese buyers to hit 8-year low: Report

US home sales to Chinese buyers are likely to drop to an eight-year low in the year ending next March as a prolonged Sino-US trade war hits demand, according to estimates from Chinese real estate website Juwai.com. Analogous to US...
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Default by real-estate focussed NBFC credit negative for banks, says Moody’s

Default by real-estate focussed NBFC credit negative for banks, says Moody’s

The recent default by a real estate focussed non-banking finance company (NBFC), which signals increasingly tight liquidity among property developers, is credit negative for Indian banks given their significant exposure to the real estate sector, said Moody&#8...
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Hollywood Races for Commercial Real Estate Spaces

Hollywood Races for Commercial Real Estate Spaces

There’s no room in Hollywood. Unprecedented low vacancy rates in the single digits equals a competitive race from soundstages to Class A creative office space from the Valley to the Pacific. “The occupancy around town is at 97%, an all-time...
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India’s real estate leaders to gather in Mumbai for the 14th annual India GRI 2019 conference

India’s real estate leaders to gather in Mumbai for the 14th annual India GRI 2019 conference

India’s real estate leaders will gather in Mumbai for the 14th annual India GRI 2019 conference from Sep 18-19. Get a chance to meet the wider real estate community and attend insightful discussions India’s real estate leaders to gather in...
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