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Lenders include a group of banks, led by state-owned Industrial and Commercial Bank of China (ICBC), which was in early talks to lend as much as 80 billion yuan, sources have said.
Around 294,400 apartments were built last year, 0.3% fewer than in 2022 and far below the government's target of building 400,000 apartments annually, Federal Statistics Office data showed on Thursday.
Though the report from the National Association of Realtors on Wednesday showed inventory increasing last month to a 2-1/2-year high entry-level homes remained scarce, accounting for the second straight monthly decline in sales.
The registrations of an additional 20,000 agents have been suspended for one year for not obtaining MahaRERA's real estate agent certificate of competency or not uploading the certificate on the watchdog's website, an official statement said.
On June 3, the Moon will join a group of prominent planetary alignments with six other planets in the morning sky. Here's all the information you need to know about the uncommon 'Parade Of Planets'.