[KUALA LUMPUR] Google has committed to invest US$2 billion for the first Google data centre and Google Cloud region in Malaysia, said the Ministry of Investment, Trade and Industry on Thursday (May 30).
A FRESH wave of AI-directed investments is driving money into data centre real estate in the Asia-Pacific, with most markets seeing record levels of construction activity and strong deal flow.
Interim budget: India s budget plays a big role in strengthening the property market and supporting the Bharat Moment. The budget should focus on affordable housing and streamline clearance processes to promote growth in the residential real estate sector. It is crucial to grant industry status to the real estate sector and facilitate easier credit access. Increasing the tax rebate on home loan interest rates from Rs 2 lakh to Rs 5 lakh and providing incentives for developers and homebuyers will stimulate the affordable housing market. These measures will contribute to achieving housing for all and invigorate the housing sector.