LIQUIDITY CRUNCH IN CHINESE REAL ESTATE

‘Breaking Bad’ star Dean Norris lists his 11-acre ranch with a horse barn and orchard for $3,199,267, almost double what he paid in 2014

Actor Dean Norris has put his sprawling Temecula estate on the market for $3,199,267 amid his ongoing divorce. The property, encompassing 11 acres, features both a main house and a guesthouse. This move comes after the couple’s restaurant, Swing Inn Cafe, faced financial struggles leading to bankruptcy. Married for over 20 years, Norris and his wife share two children, with property division governed by California's community property laws.

Gold, Silver, Stocks: Why Bonds Deserve a Place on Your Dhanteras Shopping List

Traditionally, investors have turned to gold and silver on Dhanteras, but this trend is shifting. Recent fluctuations in these precious metals and stock equities have raised apprehensions over their reliability. Bonds present a viable alternative with their assured returns and steady interest payouts, offering stability amid market volatility. By including bonds in their investment strategy, individuals can ensure they meet their financial requirements without rushing to liquidate assets.

Signature Global clocks Rs 67 cr profit in Q2 vs loss yr ago, revenue rises over 2-fold

Signature Global Ltd has reported a consolidated net profit of Rs 66.90 crore for the quarter ending September, marking a significant turnaround from last year's net loss of Rs 46.86 crore. With total income soaring from Rs 372.51 crore to Rs 870.70 crore, the company's chairman highlighted a robust demand for quality housing and its strong financial health. Since its establishment, Signature Global has successfully delivered 19.

Mahindra Lifespaces acquires 100 acres in Mumbai region for plotted development

Mahindra Lifespace Developers has acquired 100 acres of land in Mumbai for a plotted development project. This move signifies the company's entry into the plotted development segment in the region. The project is expected to commence around the middle of the next financial year. Additionally, Mahindra Lifespace is looking to acquire more land in the area.

Is a home loan a guarantee of a clear title to the property? The answer may surprise you; here is what you need to know

Prospective homebuyers should exercise caution by thoroughly examining property titles prior to their purchases. Legal professionals warn that banks' verification methods often fall short when it comes to uncovering potential disputes related to property titles. Since India lacks an implied warranty law, the onus of title verification rests solely on the buyers. It’s advisable for homebuyers to seek independent legal advice to ensure the property title is unambiguous.

A stone castle with a turret, battlement wall and secret passage is hiding on an ordinary Cleveland street; the viral home now costs $550,000 after a price cut

A one-of-a-kind castle-like residence in Cleveland is now on the market for $550,000. Constructed in 1924, this property boasts enchanting medieval architecture complete with a turret and battlement. The interior fuses vintage charm with modern updates, featuring a spacious fireplace and a contemporary kitchen. A standout bedroom showcases stunning stained-glass art depicting a biblical narrative, becoming a social media sensation.

China stocks struggle near one-year lows despite fresh government support measures

Chinese stocks struggled near one-year lows despite fresh government measures to support the market, as investors remained cautious ahead of the US midterm elections. Concerns over China's economic outlook and technology stocks continued to weigh on sentiment.

Shapoorji Pallonji to monetise 3,000-acre land, eyes Rs 10,000 cr from plotted developments

Shapoorji Pallonji Real Estate aims to develop a substantial plotted township in the Mumbai-Pune corridor. The project covers 900 acres and has an estimated gross development value exceeding Rs 6,000 crore. The company has secured approvals for the first phase, which spans 200 acres and will generate about Rs 1,800 crore.

Listed realty firm Phoenix Mills Ltd appoints Parveen Mahtani as group legal head

An alumna of Government Law College (GLC), Mumbai, Mahtani began her career at the law firm Desai & Diwanji as an associate, then joined another firm, Nishith Desai Associates. In 2005, she moved to an in-house role and joined IL&FS Trust Company Ltd. as legal head for the debt recovery division.

Homebuyers’ body FPCE urges PM Modi to restructure RERA as consumer protection law

The Forum for People’s Collective Efforts has urged Prime Minister Narendra Modi to overhaul the Real Estate (Regulation and Development) Act. They emphasize the critical need to distinguish consumer protection from the promotion of the real estate sector, citing persistent enforcement challenges. The group reveals that many homebuyers are facing financial losses due to stalled projects.

Office, retail and warehousing offer new opportunities as India’s real estate market matures: JLL

India’s commercial real estate market is entering a new phase, with office, retail and warehousing offering fresh opportunities for institutional investors, a JLL report said. Despite cap rates hitting historic lows, the sector continues to offer double-digit unlevered returns over five years. With limited scope for further compression, future returns will increasingly depend on rental income growth and operational efficiencies.

HDFC Capital creates Rs 1,500 crore residential platform with DivyaSree Developers

DivyaSree Developers has formed a partnership with HDFC Capital to establish a residential development platform. The new platform will provide growth capital to support residential projects over the next three to four years. There is a potential Gross Development Value of Rs 6,750 crore from the upcoming projects. The partnership reflects the ambitions of DivyaSree Developers for growth in urban markets.

Mumbai property market records second-best October ever, registrations up 9%

Property registrations in the Mumbai municipal region rose by 9 per cent in October, reflecting stronger housing demand. The total registrations reached 12,690 units, compared to 11,649 units a year ago. Stamp duty collections during the same period also saw an increase of 12 per cent year-on-year.

Marathon Nextgen Realty to buy Adani Group's 60 pc stake in Mumbai project for Rs 335 crore

In a regulatory filing on Saturday, the company said its Board has "approved the acquisition of Adani Group's 60 per cent stake in 'Monte South' for a consideration of approximately Rs 335 crore".

How much of your portfolio should go into real estate? Experts weigh in at ET Wealth Expo 2026

Lodha Developers rides housing boom in Q2, but keeps one eye on a bigger threat

Lodha Developers experienced a 10% rise in sales bookings, reaching Rs 5,037 crore in the second quarter. The company's pre-sales for the first half of the fiscal grew by 7% to Rs 9,670 crore. Lodha has set an ambitious target of Rs 24,000 crore in sales bookings for the current fiscal year. The company also reported a net profit increase of 28% to Rs 1,013.5 crore for the quarter.

Wealthy Indians sit on cash, prepare to deploy funds across markets over next 12-24 months: Joint MD & CEO Systematix Private Wealth

Wealthy Indian investors are holding liquidity and planning phased investments across diverse market segments. The focus is on both domestic and international markets, including the US, China, and South Korea. Private markets and credit opportunities are also gaining traction among ultra-high-net-worth individuals. Real estate investments are evolving with increased interest in Alternative Investment Funds, which have doubled over the last year.

Céline Dion’s onetime waterfront mansion in south Florida sells for $12.5 million in off market deal

Céline Dion’s former luxury mansion has been sold for $12.5 million in an off market deal. The waterfront property is located in Jupiter, Florida. The mansion was designed for the singer and her late husband René Angélil in 1998. The 14,700 square foot residence was previously listed for $20 million. The home has 8 bedrooms, 11 bathrooms, a private dock, a swimming pool and a home cinema.

IBBI tightens real estate insolvency rules to prioritise home delivery

India's insolvency regulator has implemented new rules to prioritize project completion and better homebuyer oversight. Independent assessments of construction progress and funding needs are now mandatory for real estate projects. Creditors with at least 66% voting share can recommend excluding projects from insolvency proceedings. Homebuyers will now have representation on monitoring committees to oversee implementation. These measures aim to improve transparency and protect the interests of homebuyers during insolvency.

ET EXPLAINER: What do the new REIT regulation amendments mean for investors?

SEBI amended REIT regulations to revise unitholder voting thresholds, introduce exit options for dissenting investors during specified sponsor exits, permit depository receipts against REIT units and modify common infrastructure definitions, with implications for governance, investor protection and market access.

Is it time for India’s HNI’s and UHNIs to rethink their real estate portfolios?

For generations, families have measured real estate wealth by the number of properties they own, not the returns those assets deliver. That is beginning to change with the next generation asking sharper questions: What does each asset earn? How liquid is it? Is it worth holding?

Al Horford bought Brookline luxury estate for $14.8 million in 2023. 3 years later, NBA champion listed Massachusetts property for $14.995 million

Al Horford has put his 13,200 square feet property in Brookline, Massachusetts on the market for $14.995 million in June this year. He is selling the property nearly three years after purchasing it for $14.8 million in 2023. The home has six bedrooms and seven bathrooms. It also has a two-story walk-in cupboard, a gym, and three-car garage.

Raymond Realty raises Rs 210 cr from ICICI Prudential Real Estate Development Fund

Raymond Realty has announced that it has secured Rs 210 crore from ICICI Prudential Real Estate Development Fund. This financial investment will be used for a redevelopment project in the Mumbai Metropolitan Region. The investment will be made through Ten X Realty West Ltd, a subsidiary of Raymond Realty. The collaboration aims to enhance capital efficiency and expedite project timelines.