China's Xian housing authority halts sales of developer Vanke

China’s Xian housing authority halts sales of developer Vanke

HONG KONG (Reuters) – The housing authority of China’s Xian city on Wednesday said it has suspended sales of projects by China Vanke Co Ltd, the country’s second-biggest homebuilder by sales, citing property transactions that it suspects are “against regulation”. The Xian House Management Bureau, in the statement on its website dated April 24, said […]

Shanghai property market cools, prices to be stable in 2017 - Xinhua

Shanghai property market cools, prices to be stable in 2017 – Xinhua

BEIJING, April 23 (Reuters) – Home prices in China’s financial hub of Shanghai will remain stable in 2017, as cooling measures have taken some heat out of the market, housing authorities were quoted as saying on Sunday. Property prices have soared in China’s biggest cities such as Shanghai and Beijing since last year, prompting regulators […]

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Daughter of Supertech’s Chairman Died In A Car Accident In London

Mohini Arora, the 23-year-old daughter of Supertech Limited chairman, RK Arora died in a road accident on 20th November. Mohini, who was  in London for last 3 years apparently met a deadly accident while driving a BMW. The accident happened when the BMW she was driving, collided with a truck on the M20 freeway in […]

Home prices in China rose 12.3% in October

Home prices in China rose 12.3% in October

BEIJING: Average new home prices in China’s 70 major cities rose 12.3 percent in October from a year earlier, accelerating from an 11.2 percent increase in September, an official survey showed on Friday. In comparison with a month earlier, home values rose 1.1 %, slowing from September’s 2.1 %, based on Reuters calculations from data […]

Halifax Confirms The Significant Price Rise In The British Housing Market.

Halifax Confirms Significant Price Rise In the British Housing Market.

LONDON:  A report by housing finance and debt refinance company , Halifax of U.K. indicates that after of a great slump in the British property market Prices of independent homes surged unexpectedly in October after almost six months. House prices are reportedly shot up by 1.4% in October compared with an upwardly trend of 0 […]

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