International News Archive

India’s Smart City Initiative to receive 2 Billion Euros from France

At a seminar organised by FICCI in association with Embassy of France in India and Ministry of Urban Development, French ambassador in India, Francois Richier announced France’s commitment of investing more than 2 billion euros to support the smart city initiative in the country. The seminar was on ‘Towards Smart and Sustainable

Indians Take Lead in Foreign Investment in Dubai Realty

Indians seem to be taking the lead in various arenas, this time it being foreign investment in Dubai real estate. Investing an amount of Rs. 30,000 crore in 2014, Indians emerged as the topmost foreign property investors in Dubai. This figure is constitutive of more than a quarter of ‘non-Arab’ property investments

CII Signs MoU with Spanish Consortium

CII (Confederation of Indian Industry) has recently signed MoU (Memorandum of Understanding) with Spanish companies. The same has been done so as to aid smart mobility across Indian cities. In 2015, it is the fifth MoU that has been signed by CII with Spanish consortium. The earlier ones were signed with consortium

Real Estate China: Improvement in Sales, Decline in Investment

The first half of 2015 has been rather paradoxical for the real estate sector of China. While on one hand, the investment in the realty sector kept slowing down owing to the substandard construction, on the other, the investment in housing escalated. These two contradictory trends indicate a heterogeneous renewal of China’s

International Realty Update: Australian Real Estate Market Hits $6 Trillion Mark!

‘Good news is good news, doesn’t matter from where it comes.’ The idiom goes perfect with the Australian Real Estate Market for now which has registered record-breaking $6 trillion mark as per the data released by popular Property Data & Analytics Company named CoreLogic RP Data. Quite interestingly, Melbourne has surpassed Sydney

Revival Signs: 32% Rise in Office Space Absorption in Major Cities

As per reports, there has been registered 32% hike in office space absorption in major cities across India. This is surely positive news for real estate developers who have been tackling the tough times in recent past. Bengaluru leads all cities in this trend with astonishing 174% year-on-year growth displayed in the

Ready To Move In Fully Furnished Villa Built in Just 3 Hours!

It was an amazing effort put together by Chinese developer, ZhuoDa group at International Exhibition Center Plaza, Shanxi’s province when they built a 3D printed or pre-fabricated 2-storeyed villa in only 3 hours. The news is gathering a lot of interest all around the world because of many good reasons. The villa

CTBUH ANNOUNCES WINNERS OF THE ANNUAL ‘BEST TALL BUILDINGS’ AWARD 2015

Council on Tall Buildings and Urban Habitat (CTBUH), a United States based organisation committed to the planning, design and operation of high rise buildings, in its CTBUH Annual Awards 2015 has announced the names of 2015’s ‘Best Tall Buildings’, one from each of the four competing parts of the world. The winners

Global Realty: Remaining Stable Amidst Greece Crisis

There is so much going on international economy map of the world particularly in countries like Greece and China. While Greece lies on the edge of another bankruptcy having its future on stake, China is dealing with stocks slide issue. As per JLL, even though Greece is facing debt crisis and there

JASON BIGGS’ HOLLYWOOD HILLS HOME SOLD FOR A WHOPPING $2.565 MILLION!

Who doesn’t remember the teen comedy film American Pie? And who doesn’t remember Jason Biggs as Jim Levenstein? The actor just made it to the headlines with the sale of his mid-century modern estate located in Hollywood Hills for a whopping $2.565 million last week. Resting just above the Sunset Strip, nestled