It may be behind schedule but the Delhi Development Authority (DDA) is finally offloading its cache of residential plots in some of the most prime locations in the city. Predictably, reserve prices of all plots have shot up in the new auction date.
The auction of plots — more than 250 in number — were [...]

Irish Auction Info
The Irish Times Ltd, publisher of The Irish Times, has announced that it has bought MyHome.ie, the leading Irish online property portal. The deal values the business at up to €50 million, comprising an initial payment of €40 million and an additional payment of €10 million deferred over a five-year period.
The deferred payments [...]

Is Vietnam’s explosive economic growth inflating a property bubble? Some Vietnam-based analysts think so judging by the number of new developments mushrooming across the country.
The 1997-98 financial crisis that hit other countries in the region such as Thailand, Indonesia and Malaysia had only a marginal impact on Vietnam, which had then only recently emerged [...]

US Auction Info
Cass County’s forfeited properties will go on the auction block Aug. 26 with 50 parcels of property going to the highest bidder.
The property offered was forfeited for non-payment of property taxes from 2003 or earlier. These property owners lost all rights to their property if they did not pay taxes, interest and penalties [...]

The government today sold a 24,111 square-foot site on Lantau Island for 30.5 mln hkd, much higher than what analysts had expected, in Hong Kong’s first land auction in the current fiscal year to March.
The 30.5 mln hkd final auction price represents a 111 pct premium to the minimum asking price of 14.47 mln for [...]

UK Auction Info
GOLDCREST has purchased a 0.48 acre site on Blackborough Road in Reigate at auction for £1.46 million.
The L-shaped site currently includes two detached buildings, which are used for a combination of office and residential use, as well as a yard area with a range of single storey garages and B1 commercial units.
Goldcrest intends [...]

Australian Auction Info
The Land Development Agency’s selective distribution of information to bidders short-listed for an auction of prime commercial land in Fyshwick is under fire after the release of more Freedom of Information correspondence.
Stepping up his attack over what he calls a sham auction, Canberra Airport owner Terry Snow says the agency withheld crucial information [...]