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‘India’s real estate looking positive’, says report

KUALA LUMPUR: The current state of India’s government finances and situation does not leave much room for populism, but considering the high inflation and curtailed savings, taxpayers can still expect some good news from the new government, according to Jones Lang LaSalle India’s (JLL) Budget 2014 — Positive for India Real Estate report.

Crown Group releases additional units of V by Crown

SYDNEY: Crown International Holdings Group Ltd, a Sydney-based boutique developer has released additional 26 units of the remaining 184 units of its V by Crown development. Crown Group director of sales and marketing Adam Sparkes said the release of these units is due to heavy demand.

Singapore firm ‘eyes Leighton property portfolio’

MELBOURNE: Singapore’s City Developments and Australia’s Stockland Group are considering bidding for Leighton Holdings’ US$7 billion (RM22.3 billion) residential and commercial property portfolio, according to a report in the Australian Financial Review on Tuesday.

GuocoLand soars to six-year high

KUALA LUMPUR: The hardly traded GuocoLand (M) Bhd has attracted buying interest of late following its recent acquisition of a property company to expand its land bank and a slew of development plans.

Hangzhou city eases home purchase restrictions

HONG KONG: Hangzhou, one of the cities in China most deeply affected by an oversupply of housing and weakening property prices, has announced fresh moves to ease home purchase restrictions, following similar steps taken by other city governments.

Crossrail locations to outperform London

KUALA LUMPUR: Properties near Crossrail are expected to outperform those in London by about 4% according to Nicholas Holt, Knight Frank’s Asia-Pacific head of research, during a talk on the next hotspots in London on Wednesday.