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Six bids were received for a residential site in Tung Chung, Hong Kong, indicating cautious optimism in the property market. Major developers including Sun Hung Kai Properties, Kerry Properties and Sino Land participated in the tender. The 14,152-square-metre parcel is expected to yield around 990 housing units.

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Lofter Group and an affiliate have been sued for HK$130 million over alleged breaches of bond guarantor duties, days after the death of founder Carol Chow.

Delhi Police have arrested five individuals accused of duping a woman of Rs 12.04 crore by selling her a non-existent premium flat in Gurgaon at half price using forged bank documents. The scam involved fake auction papers from the State Bank of India, part of a larger network that has defrauded people across multiple states of over Rs 200 crore. The mastermind, Mohit Gogia, faces charges in 16 similar cases.

AI द्वारा रिपोर्ट किया गया

The Environment and Land Court has ruled in favor of a private printing firm in Nairobi's Industrial Area, blocking its forced eviction and directing authorities to clean up illegal dumping along the Ngong River. The company contested a May 2, 2024, Public Security Order, arguing it was unlawful and infringed on its constitutional property rights under Article 40. The court mandated NEMA, Nairobi City County, and the Ministry of Environment to remove the waste within four months.

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