Housing
Mumbai's real estate market is known for its high demand and premium living standards, with apartments costing anywhere from Rs.15,000 to Rs.70,000 per sq ft in suburban areas and up to Rs.2 lakh per sq ft in prime locations. The city is divided
Financial services
The Ontario government has announced it will intervene in an "extensive review" of the Real Estate Council of Ontario (RECO) after it was revealed that the regulator allowed a GTA brokerage's co-founders to escape charges and fines in a $10.5 million financial breach. The government&
Financial services
reAlpha Tech Corp. has announced the expansion of its platform into Georgia, marking a significant milestone for the AI-powered real estate technology company. With Georgia being the nation's 8th most populous state, reAlpha seeks to serve a growing base of prospective homebuyers through its tech-enabled platform, which delivers
Financial services
The Real Estate Council of Ontario (RECO) is facing intense pressure from the real estate community and consumers as the scandal surrounding the collapse of iPro Realty Ltd. deepens. The regulator announced in early August that millions of dollars were missing from trust fund accounts at iPro, one of the
Real estate
Old Mutual Holdings Plc, a regional insurer, has announced plans to sell its entire portfolio of properties across East Africa as part of its business restructuring and growth strategy. The move comes as the firm seeks to exit the struggling real estate market, which has seen weak returns and single-digit
Housing
The Ontario Land Tribunal has made a significant decision on July 22, 2024, approving a revised development plan for a 24-storey residential building at 34-70 Montgomery Avenue in Toronto's Yonge-Eglinton area. The revised plan, proposed by First Capital Realty Inc., includes a 27-storey building with 353 residential units,
Housing
Macau's housing market has been experiencing a significant decline in property prices, leading to a loss of consumer confidence and investment sentiment, according to the General Association of Real Estate of Macau. The organization has warned that the downturn has intensified, with no signs of a reversal, and
Financial services
Lucentblock's SOU platform is revolutionizing the conventional asset market by enabling small investors to participate in fractional real estate investment, transforming the way people interact with and benefit from property ownership. CEO Huh Se-young, also known as Phillip Huh, emphasizes that SOU is fostering a shared growth ecosystem
Financial services
RECO, the governing body responsible for regulating real estate in Ontario, has taken control of iPro Realty Ltd. after discovering a significant shortfall in the brokerage's consumer and commission trust accounts. The alleged misappropriation of funds, totaling $10.5 million, has led to the closure of iPro Realty
Financial services
As the financial services industry continues to adapt to the realities of hybrid work, a new report by Maptician highlights the challenges and opportunities inherent in this shift. While 60% of financial services leaders believe that hybrid work is the most productive model, they are facing a growing disconnect between
Financial services
Inside Real Estate has announced the launch of HomeSearch AI, a cutting-edge search and client engagement experience that leverages natural language search, image recognition, and other AI technology to deliver a more personalized and streamlined home search experience for real estate clients. This innovative platform is powered by Inside Real
Commercial developers
Kenya's housing deficit is estimated to be over two million units, with demand rising by 200,000 units annually, yet developers struggle with access to long-term capital. Traditional funding options prove sub-optimal, leading to a mismatch between rising demand and limited financing. Development Real Estate Investment Trusts (DREITs)
