AGP Executive Report
Last update: 4 hours agoAthens Urban Growth: Lamda Development is pushing a new “three-times-Monaco” town near Ellinikon, promising hotels, marinas and 8,000 homes—while locals warn rising prices are pricing out Greeks. India Housing Planning: Delhi-NCR’s Regional Plan-2041 backs “Namo Cities,” four mixed-use growth centres built around the Namo Bharat RRTS, aiming to house a projected jump to 14.73 crore by 2041. India Real-Estate Finance Probe: India’s ED and tax investigators say they found a Karti-linked real estate empire tied to the Aircel-Maxis scam, with property activity routed through a Singapore subsidiary. Caribbean/Property Finance: NCB Merchant Bank disputes a US$2m cash seizure, saying it was part of a legitimate inter-institution transaction. US Home-Sale Taxes: A guide explains capital gains are based on sale price minus adjusted basis (not loan balance), with different rules for primary residences vs investment property. Mumbai Monsoon Disruption: Heavy rain hit Vikhroli, Andheri and Versova, while a road cave-in on LBS Marg in Bhandup and a fatal open manhole incident raise safety concerns. Zimbabwe Mortgage Shortage: Industry leaders warn lack of 25-year mortgages is blocking housing and commercial real estate growth. West Bank Property Risk: Reuters reports settlers seized a home under construction in Jalud, highlighting ongoing uncertainty for Palestinian builds. New York Rent-Stabilized Strategy: The Croman family’s next generation is buying small Manhattan multifamily buildings, leaning into rent-stabilized assets despite tougher economics. Saudi Mega-Airport: Saudi Arabia’s King Salman International Airport targets 185m passengers a year, with phase-one plans for 120m by 2030.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.