In order to encourage improved affordability and accessibility in housing construction, stakeholders have advocated for the issuance of an Executive Order by the Lagos State Governor that would significantly reduce the cost of permits, especially for low-income and mixed-income...
China is reportedly planning to offer at least 1 trillion yuan ($137 billion) in low-cost financing for urban village renovation and affordable housing programs. This move is intended to support the struggling property market. The People's Bank of China is...
As the world rapidly urbanizes, the concept of "healthy buildings" takes center stage in architectural discussions. A health revolution, driven by pioneering companies like Schneider Electric, is underway, with the transformative impact of green architecture on occupant wellness at...
The International Finance Corporation (IFC) has highlighted the significant impact of the world's population growth on the escalating demand for housing worldwide. Addressing the 17th Africa International Housing Show in Abuja, Godfrey Tapela, a Senior Investment Officer at IFC,...
CAIRO - 6 November 2022: Sustainability and green Energy experts discussed sustainability road Map for real estate in Egypt on Sunday.
This came in a panel held by Savills Egypt where the focus was on the most pressing...
UK banks: mortgages are bringing an embarrassment of riches
Homeowners are watching UK mortgage rates soar skywards as their hearts descend to their boots. Some fixed-rate mortgagees will lose their homes when refinancings land them with monthly repayments they cannot...
The first two weeks of September saw parts of India’s startup hub, Bengaluru, submerged under water. Excessive rainfall in a La Nina year, coupled with urban expansion built over natural water pools (lakes) resulted in multiple low-lying areas seeing...
On the half-ruined top floor of an apartment block in war-scarred Irpin near Kyiv, Mykhailo Kyrylenko looks proudly at the new roof taking shape. Over a hundred residential blocks in Irpin -- dubbed a "hero city" by President Volodymyr...
The new neighbourhoods will be developed on a partnership contract system with real estate developers To provide more houses to citizens and stimulate the real estate sector, the Ministry of Housing and Urban Planning offered five sites for private investments...
The head of Canada’s main banking-industry regulator said his agency won’t bow to pressure to loosen mortgage-underwriting standards in response to rising interest rates that are boosting homebuying costs. Peter Routledge, superintendent of the Office of the Superintendent of Financial...
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