{"id":770,"date":"2023-04-30T18:19:34","date_gmt":"2023-04-30T18:19:34","guid":{"rendered":"https:\/\/simplease.in\/blog\/?p=770"},"modified":"2025-10-09T11:16:55","modified_gmt":"2025-10-09T05:46:55","slug":"weekly-real-estate-news-tracker-29-april-2023","status":"publish","type":"post","link":"https:\/\/simplease.in\/blog\/?p=770","title":{"rendered":"Weekly Real Estate News Tracker- 29 April 2023"},"content":{"rendered":"\r\n<p class=\"has-medium-font-size\">A lot of activity happened in the Real estate sector this week and you wouldn\u2019t want to miss out on any of it! Here\u2019s this week\u2019s news, Simplease Edition :<\/p>\r\n\r\n\r\n\r\n<figure class=\"wp-block-image size-full\"><img fetchpriority=\"high\" decoding=\"async\" width=\"800\" height=\"600\" class=\"wp-image-771\" src=\"https:\/\/simplease.in\/blog\/wp-content\/uploads\/2023\/05\/week-ended-MARCH-12-2023-2.png\" alt=\"\" srcset=\"https:\/\/simplease.in\/blog\/wp-content\/uploads\/2023\/05\/week-ended-MARCH-12-2023-2.png 800w, https:\/\/simplease.in\/blog\/wp-content\/uploads\/2023\/05\/week-ended-MARCH-12-2023-2-300x225.png 300w, https:\/\/simplease.in\/blog\/wp-content\/uploads\/2023\/05\/week-ended-MARCH-12-2023-2-768x576.png 768w, https:\/\/simplease.in\/blog\/wp-content\/uploads\/2023\/05\/week-ended-MARCH-12-2023-2-200x150.png 200w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/><\/figure>\r\n\r\n\r\n\r\n<p class=\"has-large-font-size\" style=\"font-style: normal; font-weight: bold;\">MUMBAI UPDATES<\/p>\r\n\r\n\r\n\r\n<h3 class=\"has-medium-font-size wp-block-heading\" style=\"font-style: normal; font-weight: 600;\">1. Mumbai&#8217;s April property registrations down 16% on year, 25% on month: Govt data<\/h3>\r\n\r\n\r\n\r\n<p class=\"has-medium-font-size\">Mumbai city and suburbs reported a 16 percent year-on-year (YoY) and 25 percent\u00a0month-on-month drop in property registrations in April 2023 over April 2022 and March 2023, respectively.<\/p>\r\n\r\n\r\n\r\n<p class=\"has-small-font-size\" style=\"font-style: normal; font-weight: 400;\">Read more at &#8211; <a href=\"https:\/\/tinyurl.com\/3c5vv7we\">https:\/\/tinyurl.com\/3c5vv7we<\/a><\/p>\r\n\r\n\r\n\r\n<div class=\"wp-block-spacer\" style=\"height: 48px;\" aria-hidden=\"true\">\u00a0<\/div>\r\n\r\n\r\n\r\n<p class=\"has-medium-font-size\" style=\"font-style: normal; font-weight: 600;\">2. Alia Bhatt&#8217;s production house buys apartment in Mumbai&#8217;s Pali Hill for Rs 37.80 crore<\/p>\r\n\r\n\r\n\r\n<p class=\"has-medium-font-size\">The apartment on the sixth floor of residential tower Aerial View on Nargis Dutt\u00a0Road has two dedicated car parking slots. The transaction was concluded on April\u00a06 and was registered on April 10.<\/p>\r\n\r\n\r\n\r\n<p class=\"has-small-font-size\" style=\"font-style: normal; font-weight: 400;\">Read more at &#8211; <a href=\"https:\/\/tinyurl.com\/3at49uxb\" data-type=\"URL\" data-id=\"https:\/\/tinyurl.com\/3at49uxb\">https:\/\/tinyurl.com\/3at49uxb<\/a><\/p>\r\n\r\n\r\n\r\n<div class=\"wp-block-spacer\" style=\"height: 48px;\" aria-hidden=\"true\">\u00a0<\/div>\r\n\r\n\r\n\r\n<p class=\"has-medium-font-size\" style=\"font-style: normal; font-weight: 600;\">3. MahaRERA cautions homebuyers against 308 projects facing insolvency proceedings<\/p>\r\n\r\n\r\n\r\n<p class=\"has-medium-font-size\">Out of these 308 projects, the authority has highlighted that 115 projects are ongoing and in 32 projects, more than 50% of the inventory has been sold and registered.<\/p>\r\n\r\n\r\n\r\n<p class=\"has-small-font-size\">Read more at &#8211; <a href=\"https:\/\/tinyurl.com\/y4z8sbfx\" data-type=\"URL\" data-id=\"https:\/\/tinyurl.com\/y4z8sbfx\">https:\/\/tinyurl.com\/y4z8sbfx<\/a><\/p>\r\n\r\n\r\n\r\n<div class=\"wp-block-spacer\" style=\"height: 48px;\" aria-hidden=\"true\">\u00a0<\/div>\r\n\r\n\r\n\r\n<p class=\"has-medium-font-size\" style=\"font-style: normal; font-weight: 600;\">4. Nirmal Lifestyle\u2019s Dharmesh and Rajiv Jain held for refusing \u2018possession to homebuyers\u2019<\/p>\r\n\r\n\r\n\r\n<p class=\"has-medium-font-size\">The Economic Offences Wing (EOW) of the Mumbai Police has arrested two developers namely Dharmesh Jain and Rajiv Jain, of Nirmal Lifestyle for allegedly failing to hand over the flats to around 34 homebuyers after taking money from them over, police officials confirmed.<\/p>\r\n\r\n\r\n\r\n<p class=\"has-small-font-size\">Read more at &#8211; <a href=\"https:\/\/tinyurl.com\/5n6n3ymf\">https:\/\/tinyurl.com\/5n6n3ymf<\/a><\/p>\r\n\r\n\r\n\r\n<div class=\"wp-block-spacer\" style=\"height: 48px;\" aria-hidden=\"true\">\u00a0<\/div>\r\n\r\n\r\n\r\n<p class=\"has-medium-font-size\" style=\"font-style: normal; font-weight: 600;\">5. Bombay HC sets aside acquisition of suburban Mumbai plot by SRA<\/p>\r\n\r\n\r\n\r\n<p class=\"has-medium-font-size\">The HC said, \u201cowner had shown his readiness and willingness\u201d to develop the writ property and has been deprived of exercising his preferential rights to develop the property.<\/p>\r\n\r\n\r\n\r\n<p class=\"has-small-font-size\" style=\"font-style: normal; font-weight: 400;\">Read more at &#8211; <a href=\"https:\/\/tinyurl.com\/42u7ye9a\">https:\/\/tinyurl.com\/42u7ye9a<\/a><\/p>\r\n\r\n\r\n\r\n<div class=\"wp-block-spacer\" style=\"height: 48px;\" aria-hidden=\"true\">\u00a0<\/div>\r\n\r\n\r\n\r\n<p class=\"has-medium-font-size\" style=\"font-style: normal; font-weight: 600;\">6. Properties of Navi Mumbai based builder auctioned to recover Rs 4.8 crore<\/p>\r\n\r\n\r\n\r\n<p class=\"has-medium-font-size\">MahaRERA had issued as many as 33 warrants to recover a total sum of Rs 6.5 crore from developer NK Bhupeshbabu.<\/p>\r\n\r\n\r\n\r\n<p class=\"has-small-font-size\" style=\"font-style: normal; font-weight: 400;\">Read more at &#8211; <a href=\"https:\/\/tinyurl.com\/4bkub7xm\">https:\/\/tinyurl.com\/4bkub7xm<\/a><\/p>\r\n\r\n\r\n\r\n<p>==========================<\/p>\r\n\r\n\r\n\r\n<div class=\"wp-block-spacer\" style=\"height: 48px;\" aria-hidden=\"true\">\u00a0<\/div>\r\n\r\n\r\n\r\n<p class=\"has-large-font-size\" style=\"font-style: normal; font-weight: bold;\">INDIA UPDATES<\/p>\r\n\r\n\r\n\r\n<p class=\"has-medium-font-size\" style=\"font-style: normal; font-weight: 600;\">1. Mahindra Lifespace Developers&#8217; net profit falls to just Rs 54 lakh in Q4 FY23<\/p>\r\n\r\n\r\n\r\n<p class=\"has-medium-font-size\">Mahindra Lifespace Developers&#8217; total consolidated income stood at Rs 270.26 crore in Q4 FY23, a growth of 74.34 per cent from Rs 155.02 crore it recorded in the similar quarter last year.<\/p>\r\n\r\n\r\n\r\n<p class=\"has-small-font-size\">Read more at: <a href=\"https:\/\/tinyurl.com\/8pcd2uhh\">https:\/\/tinyurl.com\/8pcd2uhh<\/a><\/p>\r\n\r\n\r\n\r\n<div class=\"wp-block-spacer\" style=\"height: 48px;\" aria-hidden=\"true\">\u00a0<\/div>\r\n\r\n\r\n\r\n<p class=\"has-medium-font-size\" style=\"font-style: normal; font-weight: 600;\">2. SWAMIH Fund for stuck realty projects delivers 23,000 homes, unlocks liquidity worth Rs 35,879 crore<\/p>\r\n\r\n\r\n\r\n<p class=\"has-medium-font-size\">The SWAMIH Fund backed by the government aims to deliver 20,000 more homes by the year-end in Tier 1 and 2 cities.\u00a0So far, the fund has given preliminary approval to about 1.1 lakh units and final approval to 83,000 homes<\/p>\r\n\r\n\r\n\r\n<p class=\"has-small-font-size\">Read more at: <a href=\"https:\/\/tinyurl.com\/2z59nvy5\">https:\/\/tinyurl.com\/2z59nvy5<\/a><\/p>\r\n\r\n\r\n\r\n<div class=\"wp-block-spacer\" style=\"height: 48px;\" aria-hidden=\"true\">\u00a0<\/div>\r\n\r\n\r\n\r\n<p class=\"has-medium-font-size\" style=\"font-style: normal; font-weight: 600;\">3. Deloitte Consulting leases 1.56 lakh sq ft office space in Pune for expansion<\/p>\r\n\r\n\r\n\r\n<p class=\"has-medium-font-size\">The consultancy firm has leased 77,969 sq ft each on the 10th and 11th floors\u00a0for monthly rents of Rs 79 and Rs 80 per sq ft, taking its total pay-out for 10 years to Rs 176 crore as the base rent including escalations.<\/p>\r\n\r\n\r\n\r\n<p class=\"has-small-font-size\">Read more at: <a href=\"https:\/\/tinyurl.com\/ayc6h4hd\">https:\/\/tinyurl.com\/ayc6h4hd<\/a><\/p>\r\n\r\n\r\n\r\n<div class=\"wp-block-spacer\" style=\"height: 48px;\" aria-hidden=\"true\">\u00a0<\/div>\r\n\r\n\r\n\r\n<p class=\"has-medium-font-size\" style=\"font-style: normal; font-weight: 600;\">4. Dalmia Bharat executes definitive agreements with JAL to acquire cement assets<\/p>\r\n\r\n\r\n\r\n<p class=\"has-medium-font-size\">Dalmia Cement (Bharat) Ltd (DCBL), a subsidiary of Dalmia Bharat, on Tuesday executed definitive agreements with JAL for the acquisition of JP Super Cement Plant in UP at an enterprise value of Rs 1,500 crore and costs and expenses of up to Rs 190 crore.<\/p>\r\n\r\n\r\n\r\n<p class=\"has-small-font-size\">Read more at: <a href=\"https:\/\/tinyurl.com\/27etjud8\">https:\/\/tinyurl.com\/27etjud8<\/a><\/p>\r\n\r\n\r\n\r\n<div class=\"wp-block-spacer\" style=\"height: 48px;\" aria-hidden=\"true\">\u00a0<\/div>\r\n\r\n\r\n\r\n<p class=\"has-medium-font-size\" style=\"font-style: normal; font-weight: 600;\">5. Managed offices provider DevX raises $3 million from family offices for expansion<\/p>\r\n\r\n\r\n\r\n<p class=\"has-medium-font-size\">The funds will be used for Gujarat\u2019s largest managed office space provider\u2019s expansion and to more than double its portfolio to 2 million sq ft from the current 900,000 sq ft under management with 25 centres across 11 cities.<\/p>\r\n\r\n\r\n\r\n<p class=\"has-small-font-size\">Read more at: <a href=\"https:\/\/tinyurl.com\/y7wx5u2d\">https:\/\/tinyurl.com\/y7wx5u2d<\/a><\/p>\r\n\r\n\r\n\r\n<div class=\"wp-block-spacer\" style=\"height: 48px;\" aria-hidden=\"true\">\u00a0<\/div>\r\n\r\n\r\n\r\n<p class=\"has-medium-font-size\" style=\"font-style: normal; font-weight: 600;\">6. Income tax department launches searches at Tamil Nadu-based real estate firm<\/p>\r\n\r\n\r\n\r\n<p class=\"has-medium-font-size\">In a statement, G Square said &#8220;over the past few months, our organisation has been subjected to unwarranted persecution from multiple fronts through unfounded allegations, with no evidence to back them up.&#8221;<\/p>\r\n\r\n\r\n\r\n<p class=\"has-small-font-size\">Read more at: <a href=\"https:\/\/tinyurl.com\/48kd6feu\">https:\/\/tinyurl.com\/48kd6feu<\/a><\/p>\r\n\r\n\r\n\r\n<div class=\"wp-block-spacer\" style=\"height: 48px;\" aria-hidden=\"true\">\u00a0<\/div>\r\n\r\n\r\n\r\n<p class=\"has-medium-font-size\" style=\"font-style: normal; font-weight: 600;\">7. Over 3.8 lakh property owners in Nagpur didn&#8217;t pay property tax last year<\/p>\r\n\r\n\r\n\r\n<p class=\"has-medium-font-size\">The data reveals that the highest number of defaulters is from Ashi Nagar zone where 88,633 property owners owe \u20b9114.44 crore to the NMC, followed by Laxmi Nagar zone, where 35,707 owners have defaulted on paying \u20b981.74 crore tax.<\/p>\r\n\r\n\r\n\r\n<p class=\"has-small-font-size\">Read more at: <a href=\"https:\/\/tinyurl.com\/4sazpmmj\">https:\/\/tinyurl.com\/4sazpmmj<\/a><\/p>\r\n\r\n\r\n\r\n<p>======================<\/p>\r\n\r\n\r\n\r\n<div class=\"wp-block-spacer\" style=\"height: 48px;\" aria-hidden=\"true\">\u00a0<\/div>\r\n\r\n\r\n\r\n<p class=\"has-large-font-size\" style=\"font-style: normal; font-weight: bold;\">NCR UPDATES<\/p>\r\n\r\n\r\n\r\n<p class=\"has-medium-font-size\" style=\"font-style: normal; font-weight: 600;\">1. Mohan Exports acquires 27,000 sq ft at DLF Horizon Centre in Gurugram for Rs 80.66 crore<\/p>\r\n\r\n\r\n\r\n<p class=\"has-medium-font-size\">In 2021, DLF repurchased Hines&#8217; 51.8% stake in one tower for Rs 780 crore. Currently, DLF and its family members hold 60% of the entire Horizon Centre.\u00a0<\/p>\r\n\r\n\r\n\r\n<p class=\"has-small-font-size\" style=\"font-style: normal; font-weight: 400;\">Read more at: <a href=\"https:\/\/tinyurl.com\/yrdnxjh6\">https:\/\/tinyurl.com\/yrdnxjh6<\/a><\/p>\r\n\r\n\r\n\r\n<div class=\"wp-block-spacer\" style=\"height: 48px;\" aria-hidden=\"true\">\u00a0<\/div>\r\n\r\n\r\n\r\n<p class=\"has-medium-font-size\" style=\"font-style: normal; font-weight: 600;\">2. NCLT approves Rs 990 crore debt resolution offer for Sare Homes unit<\/p>\r\n\r\n\r\n\r\n<p class=\"has-medium-font-size\">KGK Realty has a 74% share in the consortium and Dhoot Realty has a 24% share, according to an order uploaded on NCLT\u2019s website on 24 April.<\/p>\r\n\r\n\r\n\r\n<p class=\"has-small-font-size\">Read more at: <a href=\"https:\/\/tinyurl.com\/42t33nek\">https:\/\/tinyurl.com\/42t33nek<\/a><\/p>\r\n\r\n\r\n\r\n<div class=\"wp-block-spacer\" style=\"height: 48px;\" aria-hidden=\"true\">\u00a0<\/div>\r\n\r\n\r\n\r\n<p class=\"has-medium-font-size\" style=\"font-style: normal; font-weight: 600;\">3. Nexus Select Trust to raise up to Rs 3,200 crore from its retail REIT public issue<\/p>\r\n\r\n\r\n\r\n<p class=\"has-medium-font-size\">Earlier, Nexus Select Trust had planned to raise up to Rs 4,000 crore from its proposed Initial Public Offer (IPO). The company has filed its offer document with market regulator SEBI and the issue will hit the market in the second week of\u00a0May.<\/p>\r\n\r\n\r\n\r\n<p class=\"has-small-font-size\">Read more at: <a href=\"https:\/\/tinyurl.com\/ydk56jbp\">https:\/\/tinyurl.com\/ydk56jbp<\/a><\/p>\r\n\r\n\r\n\r\n<div class=\"wp-block-spacer\" style=\"height: 48px;\" aria-hidden=\"true\">\u00a0<\/div>\r\n\r\n\r\n\r\n<p class=\"has-medium-font-size\" style=\"font-style: normal; font-weight: 600;\">4. Gurugram: DTCP scraps OC of Malibu Towne&#8217;s club over illegal construction<\/p>\r\n\r\n\r\n\r\n<p class=\"has-medium-font-size\">According to sources, the department may also seal the club building following violations of the Haryana Development and Regulation of Urban Areas Act, 1975.<\/p>\r\n\r\n\r\n\r\n<p class=\"has-small-font-size\">Read more at: <a href=\"https:\/\/tinyurl.com\/2ev5wvjk\">https:\/\/tinyurl.com\/2ev5wvjk<\/a><\/p>\r\n\r\n\r\n\r\n<div class=\"wp-block-spacer\" style=\"height: 48px;\" aria-hidden=\"true\">\u00a0<\/div>\r\n\r\n\r\n\r\n<h3 class=\"has-medium-font-size wp-block-heading\" style=\"font-style: normal; font-weight: 600;\">5. Noida: Land rates hike by around 10 percent<\/h3>\r\n\r\n\r\n\r\n<p class=\"has-medium-font-size\">The decision to hike the land rates was approved at the authority&#8217;s recent board meeting. Several decisions were taken, including the hike in land rates, modifications in group housing plot allotment and a hike in the authority\u2019s budget.<\/p>\r\n\r\n\r\n\r\n<p class=\"has-small-font-size\">Read more at: <a href=\"https:\/\/tinyurl.com\/4uysdees\">https:\/\/tinyurl.com\/4uysdees<\/a><\/p>\r\n\r\n\r\n\r\n<div class=\"wp-block-spacer\" style=\"height: 48px;\" aria-hidden=\"true\">\u00a0<\/div>\r\n\r\n\r\n\r\n<p class=\"has-medium-font-size\" style=\"font-style: normal; font-weight: 600;\">6. Gurugram: Illegal gates, commercial spaces in Vatika Next, builder served notice<\/p>\r\n\r\n\r\n\r\n<p class=\"has-medium-font-size\">As per DTCP guidelines, installing gates at entry and exit points in licenced colonies is illegal, if prior permission from a competent authority, as envisaged in the Haryana Development and Regulations of Urban Areas Act, 1975, are not taken.<\/p>\r\n\r\n\r\n\r\n<p class=\"has-small-font-size\" style=\"font-style: normal; font-weight: 400;\">Read more at: <a href=\"https:\/\/tinyurl.com\/ynvcru3w\">https:\/\/tinyurl.com\/ynvcru3w<\/a><\/p>\r\n\r\n\r\n\r\n<p>===========================<\/p>\r\n\r\n\r\n\r\n<div class=\"wp-block-spacer\" style=\"height: 48px;\" aria-hidden=\"true\">\u00a0<\/div>\r\n\r\n\r\n\r\n<p class=\"has-large-font-size\" style=\"font-style: normal; font-weight: bold;\">GLOBAL UPDATES<\/p>\r\n\r\n\r\n\r\n<p class=\"has-medium-font-size\" style=\"font-style: normal; font-weight: 600;\">1. Dubai plot of sand sells for $34 million in luxury island record<\/p>\r\n\r\n\r\n\r\n<p class=\"has-medium-font-size\">It\u2019s a bunch of sand on a human-made island in Dubai, and it just sold on April 19 for 125 million dirhams ($34 million), setting a record in a market that continues to benefit from an influx of foreign wealth.<\/p>\r\n\r\n\r\n\r\n<p class=\"has-small-font-size\">Read more at: <a href=\"https:\/\/tinyurl.com\/2p9v456f\">https:\/\/tinyurl.com\/2p9v456f<\/a><\/p>\r\n\r\n\r\n\r\n<div class=\"wp-block-spacer\" style=\"height: 48px;\" aria-hidden=\"true\">\u00a0<\/div>\r\n\r\n\r\n\r\n<h3 class=\"has-medium-font-size wp-block-heading\" style=\"font-style: normal; font-weight: 600;\">2. You can now apply to live in this 3D-printed Texas neighborhood<\/h3>\r\n\r\n\r\n\r\n<p class=\"has-medium-font-size\">Marketed as \u201ca new standard for housing solutions,\u201d\u00a0Sunday Homes\u00a0is slated to be a combination hotel and homeowners association, with 30-some houses sharing luxurious amenities with a relocated incarnation of the local El Cosmico hotel. All of the dwellings will be 3D-printed, as will the hotel \u2014 an international first.<\/p>\r\n\r\n\r\n\r\n<p class=\"has-small-font-size\">Read more at: <a href=\"https:\/\/tinyurl.com\/5x5a7j2s\">https:\/\/tinyurl.com\/5x5a7j2s<\/a><\/p>\r\n\r\n\r\n\r\n<div class=\"wp-block-spacer\" style=\"height: 48px;\" aria-hidden=\"true\">\u00a0<\/div>\r\n\r\n\r\n\r\n<h3 class=\"has-medium-font-size wp-block-heading\" style=\"font-style: normal; font-weight: 600;\">3. Singapore housing rates rise for 12th straight quarter amid global slowdown<\/h3>\r\n\r\n\r\n\r\n<p class=\"has-medium-font-size\">Property values climbed 3.3% in the first three months of the year, Urban Redevelopment Authority figures showed Friday. That compares with a preliminary estimate of 3.2% and a 0.4% gain in the previous quarter.<\/p>\r\n\r\n\r\n\r\n<p class=\"has-small-font-size\">Read more at: <a href=\"https:\/\/tinyurl.com\/szc5pxrb\">https:\/\/tinyurl.com\/szc5pxrb<\/a><\/p>\r\n\r\n\r\n\r\n<div class=\"wp-block-spacer\" style=\"height: 48px;\" aria-hidden=\"true\">\u00a0<\/div>\r\n\r\n\r\n\r\n<h3 class=\"has-medium-font-size wp-block-heading\" style=\"font-style: normal; font-weight: 600;\">4. Housing optimism is back in Canada, boosting consumer confidence<\/h3>\r\n\r\n\r\n\r\n<p class=\"has-medium-font-size\">The national benchmark price for a home climbed 0.2% to $524,000 in March, the first monthly increase a year. Canadians are growing more optimistic as the outlook for real estate steadily improves and the economy grinds ahead with few signs of an imminent recession.<\/p>\r\n\r\n\r\n\r\n<p class=\"has-small-font-size\">Read more at: <a href=\"https:\/\/tinyurl.com\/3btz476p\">https:\/\/tinyurl.com\/3btz476p<\/a><\/p>\r\n\r\n\r\n\r\n<div class=\"wp-block-spacer\" style=\"height: 48px;\" aria-hidden=\"true\">\u00a0<\/div>\r\n\r\n\r\n\r\n<h3 class=\"has-medium-font-size wp-block-heading\" style=\"font-style: normal; font-weight: 600;\">5. China completes comprehensive unified real estate registry, a boon for sector development<\/h3>\r\n\r\n\r\n\r\n<p class=\"has-medium-font-size\">China has completed a comprehensive, nationally unified real estate registry, Minister of Natural Resources Wang Guanghua announced on Tuesday, marking a major breakthrough in the country&#8217;s decade-long effort to establish a unified property registration system.<\/p>\r\n\r\n\r\n\r\n<p class=\"has-small-font-size\">Read more at: <a href=\"https:\/\/tinyurl.com\/y6erynmf\">https:\/\/tinyurl.com\/y6erynmf<\/a><\/p>\r\n\r\n\r\n\r\n<div class=\"wp-block-spacer\" style=\"height: 48px;\" aria-hidden=\"true\">\u00a0<\/div>\r\n\r\n\r\n\r\n<h3 class=\"has-medium-font-size wp-block-heading\" style=\"font-style: normal; font-weight: 600;\">6. Candy Says Property Buyers Want Dubai Luxury, Not London Crime<\/h3>\r\n\r\n\r\n\r\n<p class=\"has-medium-font-size\">\u201cYou\u2019re seeing a flow of money there like you\u2019ve\u00a0never seen before,\u201d says Candy, explaining that more buyers are adjusting to the idea of living in the United Arab Emirates. He contends they\u2019re fed up\u2014both\u00a0with crime in capitals like London\u00a0and because \u201csome of the values that we once cherished in the Western countries are not the same values that we\u2019ve got today.\u201d<\/p>\r\n\r\n\r\n\r\n<p class=\"has-small-font-size\">Read more at: <a href=\"https:\/\/tinyurl.com\/3r2jx744\">https:\/\/tinyurl.com\/3r2jx744<\/a><\/p>\r\n\r\n\r\n\r\n<div class=\"wp-block-spacer\" style=\"height: 48px;\" aria-hidden=\"true\">\u00a0<\/div>\r\n\r\n\r\n\r\n<h3 class=\"has-medium-font-size wp-block-heading\" style=\"font-style: normal; font-weight: 600;\">7. Australia\u2019s Home Rents Surge Most in 13 Years as Crisis Worsens<\/h3>\r\n\r\n\r\n\r\n<p class=\"has-medium-font-size\">Australian home-rental prices recorded their biggest annual increase since 2010 in the first three months of the year as a combination of low vacancy rates and rising immigration trigger a housing crunch.<\/p>\r\n\r\n\r\n\r\n<p class=\"has-small-font-size\">Read more at: <a href=\"https:\/\/tinyurl.com\/mrynuvck\">https:\/\/tinyurl.com\/mrynuvck<\/a><\/p>\r\n\r\n\r\n\r\n<p>&nbsp;<\/p>\r\n","protected":false},"excerpt":{"rendered":"<p>A lot of activity happened in the Real estate sector this week and you wouldn\u2019t want to miss out on any of it! Here\u2019s this week\u2019s news, Simplease Edition : MUMBAI UPDATES 1. Mumbai&#8217;s April property registrations down 16% on year, 25% on month: Govt data Mumbai city and suburbs reported a 16 percent year-on-year [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":1560,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[99],"tags":[57,64,46,56,54,47,52,49,70],"class_list":["post-770","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-weeklynewstracker","tag-gurugram","tag-gurugramrealestate","tag-homepurchase","tag-mumbai","tag-mumbairealestate","tag-propertymanagement","tag-realestate","tag-residentialrealestate","tag-simplease-2"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Weekly Real Estate News Tracker- 29 April 2023 - Simplease Insights<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/simplease.in\/blog\/?p=770\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Weekly Real Estate News Tracker- 29 April 2023 - Simplease Insights\" \/>\n<meta property=\"og:description\" content=\"A lot of activity happened in the Real estate sector this week and you wouldn\u2019t want to miss out on any of it! Here\u2019s this week\u2019s news, Simplease Edition : MUMBAI UPDATES 1. Mumbai&#8217;s April property registrations down 16% on year, 25% on month: Govt data Mumbai city and suburbs reported a 16 percent year-on-year [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/simplease.in\/blog\/?p=770\" \/>\n<meta property=\"og:site_name\" content=\"Simplease Insights\" \/>\n<meta property=\"article:published_time\" content=\"2023-04-30T18:19:34+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-10-09T05:46:55+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/simplease.in\/blog\/wp-content\/uploads\/2023\/04\/BLOG-IMAGE-2.png\" \/>\n\t<meta property=\"og:image:width\" content=\"600\" \/>\n\t<meta property=\"og:image:height\" content=\"400\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Research Team Simplease\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Research Team Simplease\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"7 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/simplease.in\/blog\/?p=770\",\"url\":\"https:\/\/simplease.in\/blog\/?p=770\",\"name\":\"Weekly Real Estate News Tracker- 29 April 2023 - Simplease Insights\",\"isPartOf\":{\"@id\":\"https:\/\/simplease.in\/blog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/simplease.in\/blog\/?p=770#primaryimage\"},\"image\":{\"@id\":\"https:\/\/simplease.in\/blog\/?p=770#primaryimage\"},\"thumbnailUrl\":\"https:\/\/simplease.in\/blog\/wp-content\/uploads\/2023\/04\/BLOG-IMAGE-2.png\",\"datePublished\":\"2023-04-30T18:19:34+00:00\",\"dateModified\":\"2025-10-09T05:46:55+00:00\",\"author\":{\"@id\":\"https:\/\/simplease.in\/blog\/#\/schema\/person\/84a6dfa3bbe895553569525a7dd38f83\"},\"breadcrumb\":{\"@id\":\"https:\/\/simplease.in\/blog\/?p=770#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/simplease.in\/blog\/?p=770\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/simplease.in\/blog\/?p=770#primaryimage\",\"url\":\"https:\/\/simplease.in\/blog\/wp-content\/uploads\/2023\/04\/BLOG-IMAGE-2.png\",\"contentUrl\":\"https:\/\/simplease.in\/blog\/wp-content\/uploads\/2023\/04\/BLOG-IMAGE-2.png\",\"width\":600,\"height\":400,\"caption\":\"Real Estate\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/simplease.in\/blog\/?p=770#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/simplease.in\/blog\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Weekly Real Estate News Tracker- 29 April 2023\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/simplease.in\/blog\/#website\",\"url\":\"https:\/\/simplease.in\/blog\/\",\"name\":\"Simplease Insights\",\"description\":\"Real Estate Made Simple &amp; Easy\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/simplease.in\/blog\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/simplease.in\/blog\/#\/schema\/person\/84a6dfa3bbe895553569525a7dd38f83\",\"name\":\"Research Team Simplease\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/simplease.in\/blog\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/1d5715c4817090f9ae024d19107f54ac034cdb6ee5939e0b7b4194b002a74ebb?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/1d5715c4817090f9ae024d19107f54ac034cdb6ee5939e0b7b4194b002a74ebb?s=96&d=mm&r=g\",\"caption\":\"Research Team Simplease\"},\"url\":\"https:\/\/simplease.in\/blog\/?author=2\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Weekly Real Estate News Tracker- 29 April 2023 - Simplease Insights","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/simplease.in\/blog\/?p=770","og_locale":"en_US","og_type":"article","og_title":"Weekly Real Estate News Tracker- 29 April 2023 - Simplease Insights","og_description":"A lot of activity happened in the Real estate sector this week and you wouldn\u2019t want to miss out on any of it! 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