A Jefferies report indicates China's domestic economy struggles with weak consumer spending, property activity, and credit demand, despite robust export growth, particularly in semiconductors. Retail sales declined in May, and consumer confidence fell, signaling persistent challenges.
A Mumbai tenant received tax relief after the Income Tax Appellate Tribunal ruled that the fair market value of surrendered tenancy rights should be the cost of acquisition for a property sold for Rs 38.62 lakh, significantly reducing his capital gains tax liability.
The Tedesco family's purchase of a heritage-listed Baulkham Hills property, Chelsea Farm, has uncovered its rich 220-year history. Originally established by George Suttor in 1801 for commercial citrus sales, it later served as a refuge for European Jews and a WWII military base before its current restoration.
The Tedesco family discovered the extensive history of their Baulkham Hills heritage-listed home, Chelsea Farm, which dates back over 220 years. Originally established by George Suttor in 1801, it later served as a refuge for Jewish migrants and a WWII base.
Indian buyers are cautiously re-entering Dubai's property market, with inquiries below pre-war levels. Demand has shifted to smaller, cash-flow focused investments, with FCNR deposits offering a competing, lower-risk alternative. Transaction ticket sizes have decreased, and buyers are prioritizing rental yields and developer track records.
Clearwater, Florida residents are protesting the city council's 3-2 vote to vacate South Garden Avenue for the Church of Scientology to build an auditorium. Opponents cite betrayal of taxpayers and the closure of public space, while the church cites safety and harassment concerns.
Two men, Roman Lavrynovych and Stanislav Carpiuc, have been jailed for arson attacks on properties linked to British Prime Minister Keir Starmer. They were allegedly paid by a figure named "El Money" via Telegram. Lavrynovych received seven years, and Carpiuc two years.
Bihar government has increased land and property registration rates, with rural land rates up by 60% and urban rates doubled. An annual 5% increase in minimum value register (MVR) and a 1% rise in stamp duty have also been introduced. The revision aims to offer higher compensation to farmers for land acquisition and increased discounts for women in property registration.
Prosecutors allege a Russian-speaking figure known as "El Money" ordered arson attacks on properties linked to Keir Starmer in May 2025. Two men, Lavrynovych and Carpuic, were involved in the plot, which was ultimately foiled.
Roman Lavrynovych (22, Ukrainian) and Stanislav Carpiuc (27, Romanian) jailed for 7 and 2 years, respectively, for conspiring to commit arson on properties linked to UK Prime Minister Keir Starmer, orchestrated by an anonymous Russian-speaking figure 'El Money' via Telegram.
UK property reforms planned for 2029 aim to introduce legally binding sales agreements earlier, ending 'gazumping' and late-stage withdrawals. Buyers will receive more property information via sales packs, saving an estimated £650 on average. The changes seek to make the system faster, fairer, and more secure.
A Chandigarh consumer commission has ordered The Manor Luxury Service Apartments in Shimla to pay Rs 20,000 compensation to a guest, Priyanka Sud, who injured her foot after slipping on a damaged, marshy road connecting her apartment to the property's restaurant. The hotel was found negligent for failing to provide safe access and promised transportation.
Ofcom is questioning Telegram's measures against illegal incitement after a man convicted of arson attacks linked to Keir Starmer was directed via the app by a Russia-linked handler. The handler, "El Money," offered cryptocurrency for the attacks.
AFL great Tony Modra is in critical but stable condition with head injuries after a truck accident on his South Australian cattle property. His wife thanked first responders Sarah and Anthony for saving his life.
The sacred Lal Lal Falls in Victoria, Australia, have reportedly run dry due to upstream dams owned by Chinese property owner Tianyu Wool. Indigenous groups and environmental advocates claim the dams, which have allegedly expanded significantly, are hoarding water, impacting the cultural significance of the falls and the local ecosystem. Water authorities are investigating, but locals report a lack of discretionary water releases.
Hong Kong property tycoon Gordon Wu expressed strong optimism about China's future, citing its stability and the hard work of its people. Receiving the Game Changer Award, the 90-year-old founder of Hopewell Holdings stated he has bet on China since 1978 and believes its stability will sustain its rise, contrasting it with the US.
Shmuel Tal, a Melbourne fashion boss, is on trial in New South Wales for 14 charges including sexual assault, allegedly occurring during a four-hour encounter with a sex worker at his Byron Bay villa in November 2023. He denies all charges, with the defense arguing consensual sexual contact.
An eviction notice against elderly social housing tenant Judy Belfield has been invalidated by VCAT due to confusion over the amount owed, not the rent increase legality. HousingFirst sought to increase rent on properties previously managed by Glenloch.
Dubai's property market has seen a dramatic slowdown, with sales falling significantly in May compared to April and last year. Market watchers attribute the decline to the ongoing conflict in the Middle East, impacting high-earner and luxury real estate sectors.
Two Russian-linked arsonists, Roman Lavrynovych and Stanislav Carpiuc, were found guilty of targeting property connected to UK PM Keir Starmer. PM Rishi Sunak stated the UK is under attack from "bad actors" seeking to "destabilise our democracy," linking the incident to broader Russian aggression.
Six people have been charged by federal police over an alleged plot to distribute hundreds of kilograms of illicit drugs imported into Queensland. Operation Minjiang seized 178kg of cocaine and 142kg of methamphetamine.
Giải thưởng Bất động sản châu Á PropertyGuru lần thứ 12 tại Việt Nam mở cổng đăng ký, ghi nhận các dự án, doanh nghiệp bất động sản nổi bật. Lễ trao giải tháng 10, trong bối cảnh thị trường điều chỉnh, người mua ưu tiên chất lượng và pháp lý rõ ràng.
A family's ordeal with a suspected broken leg for their toddler highlights critical gaps in rainfall forecasting in far west NSW. Residents and pastoralists are demanding a Doppler weather radar, citing unreliable app data and the Bureau of Meteorology's cost concerns.
A self-styled guru, Radhamohan Mishra, and seven associates were arrested in Pune for allegedly sexually exploiting and cheating a woman. The guru, from Haryana, had been operating in Pune for eight years, claiming divine powers and subjecting victims to abuse. Police recovered electronic devices and valuables from his bungalow.
