Real Estate News Update for August 12
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Industry
The Uttar Pradesh government is considering to bring co-development policy to revive stuck projects in Noida and Greater Noida, people aware of the development said.
International
MIAMI: Jeff Bezos, the founder of Amazon, is buying an estate on an exclusive man-made barrier island in Miami known as "Billionaire Bunker," where he will be neighbours with a growing list of celebrities including Tom Brady, Ivanka Trump and her husband, Jared Kushner.
International
BEIJING: Asia’s once-richest woman has lost more wealth than any other billionaire in the world in just over two years as her Chinese property development company falls deeper into a debt crisis.
Allied Industries
Info Edge cofounder Sanjeev Bikhchandani on Friday told analysts that backing Rahul Yadav’s 4B Networks was a mistake.
Industry
NOIDA: The district administration is set to revise the circle rates for the first time after 2019. The stamp and registration department will discuss the new rates at its August 17 meeting, officials said.
RERA
LUCKNOW: Retired IAS officer Sanjay Bhoosreddy was appointed the chairman of the UP Real Estate Regulatory Authority (UP RERA), while another retired IAS officer Dimple Verma was appointed the member, UP RERA on Friday.
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