TOTAL launches its 3rd store in Bangalore at Sarjapur Road

Bangalore: TOTAL hypermarket & mall, a retail venture of the Jubilant Group, today announced the launch of its 3rd TOTAL store in Bangalore at Sarjapur Road, next to the Springfields apartment. TOTAL has been expanding at a rapid pace and this is the third store to be launched in Bangalore within a time span of 15 months. The earlier two TOTAL stores are operational at Mysore Road and Madiwal ... more

CDA beautifying its home forgetting problems of Islamabadites

ISLAMABAD: Keeping aloof from problems confronting the Islamabadites, the Capital Development Authority (CDA) continues to spend hefty amounts for renovation of its offices.

With residents coming across variety of problems like poor air quality, industrial emissions, proper waste disposal, traffic snarls, parking problems and encroachments, the Authority would be spending Rs. 16 ... more

Strong 2008 tipped for most markets

The institute’s 2008 Real Estate Market Outlook says 2007 was a vintage year for homeowners, with prices climbing in most parts of Australia. Investors also benefited from improving yields thanks to tight rental markets, the report notes.

On the other hand, would-be homebuyers and those who have overcapitalised found 2007 a difficult year given access and affordability issues and  ... more

Investors confident of price climbs

Seventy per cent of property investors believe prices will increase in their market during 2008, a survey has found.

The result represents a big leap in confidence compared to the past three results from mortgage broker Smartline’s annual survey of homeowners and investors.

The latest survey found 70 per cent of investors were largely confident residential prices would ... more

Real estate investment trust rules notified

ISLAMABAD, Feb 1: The Securities and Exchange Commission of Pakistan (SECP) on Friday notified the Real Estate Investment Trust (REIT) Regulations 2008.

The REIT rules will provide an opportunity to the general public to pool funds for investment in the real estate sector.

The REIT regulations in Pakistan are introduced in a trust structure where the property itself wi ... more