mybhkhome

[mybhkhome]

Residents of Mumbai’s World Crest Towers drag developer Lodha Group to bankruptcy court

The World Crest society has, in its filing to the National Company Law Tribunal, said that Macrotech has failed to clear its dues of ₹7.2 crore https://www.thehindubusinessline.com/news/national/residents-of-mumbais-world-crest-towers-drag-developer-lodha-group-to-bankruptcy-court/article34636051.ece

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https://www.business-standard.com/article/finance/bank-credit-grows-by-6-02-deposits-up-by-9-87-rbi-data-shows-121052401241_1.html

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NYC's real estate market is fluid, says Brown Harris Stevens CEO

Bess Freedman, CEO of Brown Harris Stevens, joined "Squawk Box" on Friday to discuss the state of the real estate markets in major cities around the country as the pandemic lockdowns begin to lift. https://www.cnbc.com/video/2021/05/21/united-state-major-real-estate-markets-post-pandemic.html

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April existing home sales drop, marking three straight months of declines

Home sales in April dropped unexpectedly, as extremely low supply stands in the way of strong demand. https://www.cnbc.com/2021/05/21/april-existing-home-sales-drop-marking-three-straight-months-of-declines.html

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This $68 billion Australian city wants to become the next Silicon Valley

"The world has learned a lot from Silicon Valley," Greater Springfield's founder told CNBC. "We said: that's 85 years old. Let's design the latest version." https://www.cnbc.com/2021/05/24/springfield-australian-smart-city-wants-to-be-the-next-silicon-valley.html

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https://www.business-standard.com/article/finance/reserve-bank-of-india-fixes-gold-bond-issue-price-at-rs-4-842-per-gram-121052101409_1.html

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Treasury Department gives out $6 billion to assist landlords and renters

The Treasury Department announced on Friday that it's given out more than $6 billion to help renters and landlords struggling in the pandemic. https://www.cnbc.com/2021/05/21/treasury-department-gives-out-6-billion-to-help-renters-.html

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https://www.business-standard.com/article/finance/volatile-yet-lucrative-bitcoin-becomes-indians-dream-investment-121052300117_1.html

[mybhkhome]

Existing home sales drop 2.7%, missing expectations

CNBC's Diana Olick reports on the latest round of existing home sales, which fell short of expectations as home supply remains low. https://www.cnbc.com/video/2021/05/21/existing-home-sales-drop-2-point-7-percent-missing-expectations.html

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Realogy CEO on real estate frenzy: 'Consumer demand is sky high'

CNBC's Kelly Evans discusses the red hot housing market and how real estate is booming with Realogy CEO Ryan Schneider. https://www.cnbc.com/video/2021/05/21/realogy-ceo-on-real-estate-frenzy-consumer-demand-is-sky-high.html

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https://www.business-standard.com/article/finance/investors-bet-on-rebound-of-indian-assets-amid-pandemic-focus-on-growth-121052400083_1.html

[mybhkhome]

Robert Shiller: 'Wild west' mentality is gripping housing, stocks and crypto

Nobel prize-winning economist Robert Shiller is worried a bubble is forming in some of the market’s hottest trades. https://www.cnbc.com/2021/05/23/robert-shiller-sees-wild-west-in-housing-stock-and-crypto-markets.html

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https://www.business-standard.com/article/finance/cii-protests-rbi-rules-on-auditors-says-will-cause-enormous-difficulties-121052300314_1.html

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A look at what's fueling the housing frenzy, with Zillow's Susan Daimler

Zillow president Susan Daimler joins ‘Closing Bell’ to discuss the housing market being a "bright spot during the pandemic," adding that home sales are at record pace. https://www.cnbc.com/video/2021/05/21/a-look-at-whats-fueling-the-housing-frenzy-with-zillows-susan-daimler.html

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https://www.business-standard.com/article/finance/iba-reaches-out-to-govt-for-refund-of-compound-interest-waiver-by-banks-121052300330_1.html

[mybhkhome]

Off-the-grid homes are coming to your neighborhood, as climate change creates suburban survivalists

Increasingly extreme weather from climate change is now a year-round phenomenon. This has homebuilders reconsidering how they design and power new homes. https://www.cnbc.com/2021/05/21/climate-change-creates-demand-for-off-the-grid-homes-.html

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At 39%, Hyderabad tops housing sales in top 8 cities: PropTiger study

Lowest inventory overhang of 25 months https://www.thehindubusinessline.com/news/real-estate/at-39-hyderabad-tops-housing-sales-in-top-8-cities-proptiger-study/article34613916.ece