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Realty Sector Eyes New Year to End Multi-Year Slowdown

New Delhi/Mumbai: With a multi-year slowdown continuing in 2015 despite abundant supply and fall in prices, the real estate market is desperately looking for a recovery in the New Year when a new law is also expected to herald the much-needed transparency and accountability in the sector. Experts said the housing

SBI to Buy 4 Air India Flats for Rs 90 Crore: Report

Mumbai: In an all-cash deal, State Bank of India (SBI) is all set to  buy four premium flats in the city's Tony Peddar Road area from the loss-making Air India for Rs 90 crore. The legal team of Air India is preparing a draft sale agreement which will then be given to the counterparts

China’s Home Prices Continue to Rise

Beijing: China's housing market continued to rise in 2015 signalling further stabilisation, according to an industry report issued on Saturday. Home prices in 100 surveyed cities gained 3.39 per cent in 2015, the report by the China Index Academy, an independent research institute, said. Tier-one cities, including Beijing and Shenzhen, recorded a