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Government News - PropertyMash
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Property owners get HC relief
India Real Estate Tracker - 6 days, 23 hours ago - 6 views
Chennai In a rare relief to land owners who lost their properties to public schemes of the government, the Madras High Court has asked the Tamil Nadu Housing Board (TNHB) to reconvey over 35 acres of prime property in Coimbatore to their original owners. Justice K Chandru, allowing a big batch of writ petitions filed [...]  Read More
Kishore Gotety Appointed Country Head of Indian Real Estate by GIC
Indian Realty News - 7 days, 2 hours ago
The Government of Singapore Investment Corporation (GIC) has hired Kishore Gotety, who was most recently at RREEF, as country head for India real estate. GIC confirmed the appointment of Gotety as head of real estate for India but declined to comment further. However, the hire suggests GIC believes the opportunity is ripe to start investing [...]  Read More
City's future vision welcomed
The Australian Property News - 7 days, 21 hours ago
THE West Australian government's urban growth plan for Perth and Peel beyond 2031 has been welcomed by the peak real estate industry body.  Read More
SCF collapse catalyst for property
New Zealand Herald - 8 days, 8 hours ago
Could South Canterbury Finance (SCF) investors use their NZ$1.6 billion of immediate cash repayments from the government to invest in property?Real estate agency First National has suggested many investors may choose to invest...  Read More
Realtors Express Satisfaction on Tax Exemption in Housing Loan Segment
Indian Realty News - 9 days, 1 hours ago
Realty firms and consultants have expressed satisfaction on the proposal to retain income tax exemption on interest up to Rs 1.5 lakh a year on housing loan, but said the government needs to enhance the limit. “It is a very good thing that the government has retained the exemption. It will have a feel-good sentiment [...]  Read More
Cuba approves 99 year leases for foreign property investors
International Property News - 9 days, 1 hours ago - 1 view
Foreign real estate investors are being granted leases on government land for up to 99 years in a move that could see a raft of luxury villas, holidays homes and golf courses being built.  Read More
Singapore govt introduces new measures to cool real estate market
International Property News - 9 days, 3 hours ago - 1 view
New anti-speculation measures aimed at cooling the real estate market in Singapore have been announced as the government fears double digit price increases are unsustainable.  Read More
State Govt Prohibits Use of Petrol Pump Land for Real Estate Purpose in Mumbai
Indian Realty News - 10 days, 4 hours ago
Fascinated by the lure of real estate, owners of fuel refilling centres in the city have long started dreaming of giving up their current business and jumping into the land development bandwagon. Some of them, in fact, have already got the civic body's permission to change the usage of the land. However, the state government [...]  Read More
Tukoroirangi Morgan: Foreign land sales - we must learn from history
New Zealand Herald - 10 days, 13 hours ago
Land sales to foreign investors must be stopped. For a government looking for a principled framework on which to base foreign investment policies, it need look no further than the principles contained in the preamble to Te Ture Whenua...  Read More
US mission's plan to sell prime property hits MEA wall
India Times - 11 days, 6 hours ago
The US Embassy's plans to sell a plot of prime land have hit a wall with permission being refused by the government which feels that the deal is not proportionate to the commercial value of the property.  Read More
 
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