#RealEstate

.Rhode Island, USA
The first Conjuring movie was released in 2013. (Photo credit: Screengrab)

  • The Rhode Island farmhouse is "one of the most well-known haunted houses in the United States"
  • Legend has it, the home is haunted by the presence of Bathsheba Sherman
  • The home was last sold in 2019 for $439,000

.Beijing, China
The Evergrande headquarters, left, stands in Shenzhen, China. (Photo credit: AP)

  • After missing its deadline, the Chinese firm is yet to issue a statement regarding it
  • Evergrande's shares were trading almost 10% lower in Hong Kong on Friday
  • Local governments have been warned of potential failure of Evergrande

.Beijing, China
A custodian stands near a map showing Evergrande development projects in China on a wall in an Evergrande city plaza in Beijing. (Photo credit: AP)

  • Chinese regulators have yet to say what they might do about Evergrande Group
  • Evergrande is the world's most indebted real estate developer
  • Evergrande was founded by businessman Hui Ka Yan in 1996 in Guangzhou, southern China

.New York, NY, USA
Evergrande is one of China’s biggest real estate developers. (Photo credit: AP)

  • The Evergrande crises has been compared with failure of Lehman Brothers in 2008
  • Evergrande agreed to sell stakes in its internet unit HengTen Networks Group Ltd in August
  • Evergrande in 2017 said that it aims to slash its net gearing ratio to 70% by June 2020une 2020

.New York, NY, USA
The S&P 500 fell 2.6% on Monday. (Photo Credit: Representative Image/Unsplash)

  • Investors are worried about the debt on Chinese property developers
  • Those property companies have been big drivers of the Chinese economy
  • Several other worries have been lurking underneath the stock market's mostly calm surface

.New Delhi, Delhi, India
Supertech's twin towers comprising 850 flats are to be demolished within three months. (Photo credt: PTI)

  • The Supreme Court ordered the demolition of the 32-storey twin towers in Noida 
  • The challenge now is how to bring the towers down without damaging the adjoining buildings 
  • This is the first time  such a tall building will be demolished in India

.Chicago, IL, USA
A survey concluded that race plays a major role when it comes to mortgage or loans. (Photo credit: AP)

  • A survey found that lenders were 40% more likely to turn down Latino applicants for loans
  • It found out that lenders gave fewer loans to Black applicants than white applicants 
  • Black applicants in Chicago were 150% more likely to be denied by financial institutions, the survey found

.Auckland, New Zealand
The median price for houses in Auckland has increased by 25% to NZ$ 1,150,000. (Photo Credit: Representative Image/Unsplash)

  • Property prices in New Zealand have risen by nearly 30% in the last year
  • The rising prices have forced families to live in emergency housing like motels
  • "The housing crisis... is also a human rights crisis," New Zealand's Chief Human Rights Commissioner Paul Hunt said

.Mumbai, Maharashtra, India
South Mumbai is home to many expensive properties. (Photo credit: Representational/unsplash)

  • The bungalow occupies an area spread over 19,886 square feet
  • The deal for the property was registered on Friday
  • The land lease was transferred for Rs 47 crore

.Hong Kong
Only one car can be parked in this parking space. (Photo Credit: Representational Image/PTI)

  • The 12.5 square-metre  spot is part of a development on city's richest residents
  • The average property price in Hong Kong at $1.2 million
  • Millions of the city's residents struggle to afford the rent on shoe-box apartments