Real Estate Heiress Dies After France Shooting - Abc News

Real estate company MD booked for alleged fraud - The Times of India

Pastor's chauffeur died a few days later. The attacker fled. An official close to the case, who spoke on condition of anonymity because it was ongoing, said Marseille's prosecutor has opened an investigation, but there have been no arrests. For the original version including any supplementary images or video, visit

Real Estate Q&A: Are Condo Hotels A Good Investment? - Forbes

Singer writes about the housing market at each Friday. To ask him a question, click here . Q: We have been trying to get our lender to approve a short sale for several months. The bank just e-mailed a short sale approval letter that was already expired. When we called the bank, we were told that we have to start over from scratch. I thought short sales were getting easier. What happened? Norman A: Sadly, your story is typical. Although you rarely hear about the foreclosure crisis in the news anymore, its still going on, with many hundreds of thousands of homeowners in distress. It did seem that short sales were becoming less of a hassle after the $25 billion national mortgage settlement was announced in 2012. For the original version including any supplementary images or video, visit,0,6833460.story

Real Estate Draws In $120 Billion ATP Fund Reviewing Price Hedge - Bloomberg

of South FL asks: I inherited a condo-hotel property and am trying to figure out if we should sell it and invest elsewhere, or wait for more rental income. So far, our net yield is around 2 percent. Do condo-hotel properties behave like other real estate investments in terms of appreciation? For the original version including any supplementary images or video, visit

Ask a real estate pro: Short sales still drag on - Sun Sentinel

Some estimates put the scale of the fraud at more than Rs 1,000 crore. Despite taking money from around 700 investors for properties in and around Gurgaon in 2006-07, and promising assured returns till possession, the group allegedly didn't begin construction of some projects and defaulted on payments to investors. An FIR was filed at Sushant Lok police station against group MD Sunil Dahiya, his brother Sanjay and father Daryav Singh. Dahiya hasn't been taken into custody yet because he complained of illness and was hospitalized. Dahiya and the others have been accused of putting out misleading advertisements promising 12% returns on investment in under-construction properties at Gurgaon's Sector 74 and IMT Manesar. Geetha Venkatesan, one of the 38 investors in Vigneshwara projects who filed the complaint, alleged she had not received payments since last month and that cheques issued by the company had bounced. She also alleged that the project at IMT Manesar, which started in 2006-07, was just 20% complete while the one at Sector 74 was yet to take off. "The three were booked under sections 420 (cheating), 406 (breach of trust), 120B (criminal conspiracy) and 34 (common intent) of the IPC," Sushant Lok police station officer Naresh Kumar said. "We have served notices on all the accused to join investigations but the main accused said he was unwell and was admitted to hospital for treatment. Police will detain him soon." Ram Singh, another complainant, made similar accusations against Vigneshwara. For the original version including any supplementary images or video, visit

In the euro area, inflation is hovering at less than half the European Central Bank s goal of close to, but below, 2 percent, undermining the investment value of paying for a hedge against consumer price gains. Property Heat Meanwhile, property values across parts of the Nordic region are continuing to rise from record highs. In Sweden and Norway , regulators are cautioning that their housing markets may be overheated. Denmarks biggest lender, Danske Bank A/S (DANSKE) , has warned that house prices in Copenhagen may be rising too fast. ATP isnt the only institutional investor eager to build up its real estate portfolio. Norways sovereign wealth fund, the worlds biggest, has $33 billion to spend on property as it struggles to fill a 5 percent allocation target. Real estate currently accounts for 1.2 percent of its total portfolio. For the original version including any supplementary images or video, visit