Page 77 - Property Developers News Today

AMESBURY — Thoughts of residents and visitors alike skating circles around one of six ice rinks proposed for the massive Maples Crossing project appears to be melting with no plans

High mortgage rates have been one of the factors crippling the housing industry. But now, high property insurance rates are also putting a damper on the sector, making it harder for consumers to find...

Coimbatore: Sleuths attached to the income tax department conducted searches at the places linked to Sree Daksha Properties in Coimbatore on Thursday.

By Anezina Mytilinaiou, CFA and Clifford Lau, CFA

Asia stock markets weakened on Monday as investors in China sold off shares in property developers, remaining unconvinced by authorities' efforts to revive activity in the mainland real estate market. MSCI's broadest index of Asia-Pacific shares outside Japan was down 0.3%, after U.S. stocks ended the previous session with mild gains. Australian shares reversed earlier losses to be up 0.12% and Japan's Nikkei stock index slid 0.19%.

The Chinese developer reportedly secured an extension to a key debt payment deadline at the weekend.

(Bloomberg) -- China intensified efforts to stimulate the economy and support its currency, as investor concerns over the growth outlook persist.Most Read from BloombergHong Kong Shuts Down City Before Super Typhoon Saola HitsFake Spare Parts Were Supplied to Fix Top-Selling Jet EngineEurope's Biggest Oil Company Quietly Shelves a Radical Plan to Shrink Its Carbon FootprintPutin Moves to Seize Control of Wagner’s Mercenary EmpireUBS Flags Cost Cuts After $29 Billion Credit Suisse Win...

China is set to take further action including relaxing home-purchase restrictions as it scrambles to tackle a deepening crisis in its massive debt-riddled property sector, four people familiar with the matter said. Regulators including the housing ministry, central bank and financial regulator in coming weeks will implement measures they have been working on over the past few months under State Council guidance, two of the people said. Proposed measures include lifting home-purchasing curbs in...

Country Garden reported a record $6.7bn loss for the first six months of the year.

Below is a summary of the topics we covered on Nucleus Investment Insights this month. See the links for more information.