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Property News 2008
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Mayor's £5 billion housing strategy will ease crisis and boost development
London Mayor, Boris JohnsonMayor of London Boris Johnson today (20 November) announced a £5 billion investment plan to support the capital's housing market over the next three years. The Housing Strategy aims to boost the construction sector in London during the economic downturn, support the industry to deliver new affordable homes, and provide more sustainable routes to home ownership. read more read more


Creating a less risky rental market for landlords and tenants
LandlordMajor recommendations to improve the Private Rented Sector for both tenants and landlords are being published today. The independent review into the Private Rented Sector (PRS), headed by Julie Rugg of the University of York, recommends a new drive to improve the quality of the sector through a number of new initiatives. read more read more
 
BOLLYWOOD STARS RIDE THE PROPERTY BANDWAGON IN INDIA
Deeipka PadukoneBollywood celebrities don't just peddle dreams but also dream homes in India. Developers are now banking on the star power of the likes of Shah Rukh Khan, Amitabh Bachchan and Aishwarya Rai to endorse their projects. The trend of celebrities endorsing real estate projects started around two years ago. read more read more
 
MITTAL BUYING LONDON'S COSTLIEST HOME FOR SON
Aditya & Megha MittalA London mansion that is about to be sold for a record £117 million ($230 million) may go to the son of Indian billionaire Lakshmi Niwas Mittal, newspapers here said. The property on Palace Green - one of the most expensive houses in the world - is close to Kensington Palace Gardens, where steel tycoon Mittal lives. read more read more
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