India’s next hottest shopping destination may not be its swanky malls, but its airports, which are getting a rapid makeover into 21st century jet-setter retreats.

As the airports located in Mumbai, Delhi, Bangalore and Hyderabad get modernised, they are leveraging their huge swathes of renovated interiors to earn extra revenue. In the process, they are bringing to India a new brand of retailers and hoteliers: the airport specialists...

Rodney Hayter

Clear evidence that the property market has settled and is set for an upturn is the fact that the difference between asking and selling prices has dropped back to normal levels of between 5 and 10 percent in most areas - from as much as 25 to 30 percent in the middle of last year.

This has emerged from the latest national survey conducted by the Homenet group through its network of more than 160 branches countrywide, and is good news for homebuyers...

Property experts have not been anticipating any further interest rate hikes for 2007 after a drop in the inflation rate. However, things could change soon as petrol and food price increases threaten... This is turn would mean repercussions in the form of possible adjustments to the prime lending rate...

Exciting new shows scheduled for The Home Channel

It’s been two years since The Home Channel launched on DStv Channel 55. During this time, the channel premiered a host of international shows for the South African market. Just think of all time favourite Debbie Travis’ Facelift, Holmes on Homes and neat, to name a few.

A superb holiday mecca, the city offers an unbeatable and diverse mix of eco-attractions as a family and adventure holiday destination: scenic nature trails and magnificent wildlife experiences, 10 long, golden beaches, historic heritage and a unique coastal climate - rated fourth best weather in the world!

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Too many residential property sellers still take on estate agents without checking their background and credentials, which could be a recipe for disaster…

"The very first question the prospective property seller should ask his agent, is if they are a member of the Institute of Estate Agents or the equivalent body in the area," says Lanice Steward, MD of Anne Porter Knight Frank...

PORT Elizabeth may be able to achieve a turnaround like Johannesburg’s, and more rapidly as it is smaller, says inner-city revitalisation consultant John Fraser.

But Fraser, who runs consultancy Urban Inc, says a structured strategy has to be in place.

Fraser, who is also a nonexecutive director of the City of Johannesburg development arm, the Johannesburg Development Agency, visited Port Elizabeth recently to offer urban renewal advice to the Mandela Bay Development Agency (MBDA), which has been charged with turning the Friendly City’s central business district around...

The deadline for objections to the City of Cape Town's property valuations may have passed on Monday, but property owners may continue to lodge complaints - for a fee.

Chris Gavor, the city's director of valuations, said on Tuesday there was "still a process" whereby property owners could complain to the city. They could ask for a revaluation of their properties.

Since February 21, 33 000 objections have been received. The city carried out 735 000 valuations.

Gavor said the figure excluded the 70 000 objections by sectional-title owners that had to be submitted by the council after a computer glitch led to double billing...

This weeks blog article;

Most people are aware that the Estate Agency Affairs Board (EAAB) plans to introduce compulsory education for estate agents towards the middle of this year. This is a positive step towards professionalising an industry well known for its unprofessional conduct. According to the Estate Agency Affairs Act, of 1976, those who manage sectional title property for a fee are defined as estate agents and the EAAB has made provision for these managing agents in their new training programme.

The ninth edition of the Madrid Real Estate Exhibition, taking place from 29 May to 2 June, will cover a total of 100 000 square meters. SIMA’s International content will be distributed in two areas: SIMA’s Hall I (International Institutional and Investment Pavilion, and SIMA’s Inmotur (International Holiday Homes Pavilion), an area devoted to second homes in foreign countries where hundreds of property and property related exhibitors from more than 20 markets will participate...

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