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Residential inventory levels in nine cities at 13-quarter low: Report
economy
Residential inventory levels in nine cities at 13-quarter low: Report

MUMBAI: Unsold inventory across nine property markets touched its lowest level in 13 quarters owing to lower number of launches and better sales. Inventory levels were down 11% from a year ago and 5% sequentially, showed a PropTiger report.All nine cities except Kolkata witnessed a decline in unsold inventory from a year ago levels. Noida…

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TMC mulls fresh audit of creekside buildings in Thane
economy
TMC mulls fresh audit of creekside buildings in Thane

THANE: Hundreds of buildings constructed along the creek may now have to conduct fresh structural audits as a wary municipal administration wants to be reassured of their stability. The move comes after a visibly structurally sound Om Surya building from Rabodi developed sudden defects allegedly due to weakening of the foundation and soil.The three-decade old…

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