Latest news with #RealEstate
Times
3 hours ago
- General
- Times
Pick up this country pile next door to Europe's top resort hotel
Built in 1906 as a rectory for the Ballyfin Demesne church and originally known as The Vicarage, Rosnashane House is a charming detached red-brick with just over 7.5 acres of land that includes mature landscaped gardens, a coach house, stables and paddocks, and even a tennis court. The house is packed with Edwardian features, including canted bay windows with gables above them at the front and the side, cast iron downpipes, and a tiled open porch leading to the front door and, on the inside, fine plasterwork, fireplaces, window shutters and a gorgeous timber staircase. Its 192 sq m of accommodation includes two nicely proportioned and dual-aspect reception rooms, each with a bay window and a fireplace. The kitchen has duck egg blue-painted cabinetry with integrated appliances and, like most of the larger rooms in this house, is dual aspect — in this case a pair of sash windows overlook the front garden with a third facing a courtyard at the side.
Business Upturn
20 hours ago
- Business
- Business Upturn
IREDA shares jump over 2% as RBI issues project finance norms for banks, NBFCs
Shares of Indian Renewable Energy Development Agency (IREDA) gained over 2% on June 20 after the Reserve Bank of India (RBI) released its final project finance guidelines, offering relief to lenders with less stringent provisioning norms compared to the earlier draft. On June 19, the RBI announced that lenders will be required to maintain a general provision of 1.25% on Commercial Real Estate (CRE) loans and 1% on Commercial Real Estate-Residential Housing (CRE-RH) and other projects during the construction phase. For the operational phase, the provisioning has been set at 1% for CRE, 0.75% for CRE-RH, and 0.40% for other projects. These norms are significantly softer than the draft proposal issued in May 2024, which had suggested a steep 5% provision for under-construction projects. Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information. Ahmedabad Plane Crash Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at
Daily Mail
2 days ago
- Business
- Daily Mail
EXCLUSIVE London property boom: Capital bucks trend with price rises as UK house values fall by 3% - use our interactive tool to see how much homes in YOUR area are worth
London homeowners have seen the value of their properties increase over the past month - despite a nationwide downward trend in house prices. UK property values suffered a month-on-month fall of nearly 3 per cent in today's House Price Index (HPI), which is the first time this year that prices have fallen. The average UK home was worth £265,497 in April which was down 2.7 per cent on the previous month but up 3.5 per cent compared to the previous year. Meanwhile the average London property was priced at £566,614 in April, following a rise of 2.6 per cent month-on-month, and a 3.3 per cent gain annually. The overall monthly price fall for the UK followed changes to stamp duty that came into force in April and piled more costs onto buyers, particularly on pricier homes. The data was analysed by online estate agents Purplebricks following the latest monthly HPI report from the Office of National Statistics (ONS) released today. The report will be welcome reading for homeowners in some of London's most expensive areas, which have seen months of continued price drops. Homes in upmarket Kensington and Chelsea saw prices surge by 9 per cent in a month - a gain of £123,815 on average to a new typical value of £1.34million. The City of London also saw a big rise of 7 per cent, adding £53,255 to the average property and taking the typical value up to £771,818. Westminster homes enjoyed an encouraging month too with an increase of 3 per cent or £28,408, to give properties a new average price tag of £946,923 on. But despite the monthly price rises, homes in all three of those London boroughs were worth less in April 2025 than the year before - with Westminster homes hardest hit, losing £144,879. Throughout the capital, 16 boroughs saw a month of price rises while ten areas saw a month-on-month loss. Seven areas of London saw no change. The biggest loser this month was located on the London-Essex border at Epping Forest, which saw a 4 per cent decrease amounting to £22,913 being knocked off property prices. While London had a prosperous month overall, homes in Hackney lost 3 per cent in value, the equivalent of £18,883. Despite it being a tough month for house prices in many parts of the UK, homes have seen an average value increase of £9,000 over the past year. BIGGEST ANNUAL GAINS: April 2025 v April 2024 Area Percentage increase YOY Money gained 1. Elmbridge 7% £56,121 2. Bromley 10% £52,067 3. Lewisham 10% £51,550 4. Cambridge 10% £51,060 5. Three Rivers 9% £50,141 6. Haringey 8% £49,637 7. Uttlesford 9% £46,583 8. Waltham Forest 9% £46,056 9. Kingston upon Thames 7% £41,578 10. Sevenoaks 8% £41,260 BIGGEST ANNUAL FALLS: April 2025 v April 2024 Area Percentage decrease YOY Money lost 1. Westminster -15% -£144,879 2. City of London -14% -£110,370 3. Hammersmith -11% -£82,731 4. Islington -10% -£65,487 5. Cotswold -8% -£32,155 6. Wandsworth -4% -£27,909 7. Camden -3% -£21,879 8. Newham -5% -£21,601 9. Hackney -2% -£14,162 10. Kensington and Ch -1% -£13,458 April marks the fourth consecutive month of annual price rises for UK properties. Since April 2024, homes have increased by 3.5 per cent over the last calendar year. House prices in England saw an annual rise of 3 per cent, making the average property worth £286,000; while Wales had a 5.3 per cent increase and homes stood at £210,000 on average. In Scotland there was a 5.8 per cent increase, putting a £191,000 on the average home. The HPI report also revealed there were fewer UK homes put up for sale in February this year, with nearly 7,000 fewer sold in February 2025 compared to the same time last year. Purplebricks sales director Tom Evans said: 'This small monthly decline is little more than a bump in the road - a stumble after April's stamp duty changes. 'One of the best investments you can make is in bricks and mortar, and most buyers are looking at the long-term when they sign on the dotted line. '2025 has so far been a great year for the market with continued price rises, which I predict will be back before long.' Robert Nichols, managing director of Purplebricks Mortgages, added: 'With 0 per cent deposits, the lowest mortgage rates in two years, the UK is a buyers' market right now. 'And, rising wages means there are more first-time buyers encouraged to put that all-important first foot on the property ladder. 'Movement at the bottom of the ladder will pay dividends in the long-run, promoting sales further and further up the chain - ultimately nudging prices up over time.'
Fashion Value Chain
3 days ago
- Business
- Fashion Value Chain
HCBS Developments Receives ‘Most Trusted Real Estate Brand of the Year' at ET Now Realty Conclave & Awards-2025
HCBS Developments, Gurugram's real estate developers, has been awarded the prestigious title of 'Most Trusted Real Estate Brand of the Year' at the ET Now Realty Conclave & Awards-2025. The event, held under the theme 'Shaping Tomorrow's Real Estate Landscape', brought together the biggest names in the industry to celebrate innovation, sustainability, and leadership in Indian real estate. Vikas Gaur, Col. S.S. Kadyan and Parveen Hooda receives the 'Most Trusted Real Estate Brand of the Year' for HCBS Developments The award reflects HCBS Developments' commitment to quality, timely delivery, and customer-centric practices that have earned them the trust of thousands of homebuyers, particularly in the luxury housing segments. The group continues to set benchmarks in real estate development with a focus on accessibility, innovation, and sustainable community living. Speaking on the recognition, Mr. Saurabh Saharan, Group Managing Director, HCBS Developments, expressed, 'Being named the 'Most Trusted Real Estate Brand of the Year' is not just an honour, but a responsibility – one we have upheld in every delivery so far. This reflects our core philosophy of delivering not just homes, but the promises that come with them. We are delighted to receive this award and are motivated to remain committed to our ethos. We thank our customers, partners, and teams who are integral to this journey.' Col. S.S. Kadyan, Director, HCBS Developments, who received the awards on behalf of the organisation, added, 'Receiving this award is a huge encouragement for us. Our upcoming project on the Dwarka Expressway is an endeavour we're committed to nurturing with utmost care and responsibility, and we're determined to deliver something truly exceptional. This corridor offers immense potential, and we're excited to bring premium, well-planned developments to this location. Trust is the foundation of everything we do, and as India urbanises rapidly, we remain focused on responsible growth and housing solutions that reflect the country's evolving aspirations.' The ET Now Realty Conclave & Awards-2025 serves as a premier platform for recognizing excellence in the real estate sector. By bringing together developers, policymakers, and thought leaders, it fosters collaboration and encourages forward-thinking strategies to shape the future of Indian real estate. Website-
Yahoo
3 days ago
- Business
- Yahoo
China's property market recovery stalls as falling prices hit sentiment
Just days after Premier Li Qiang called for 'greater efforts' to halt a decline in China's housing market, fresh data on Monday laid out
