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Maharashtra is a hotspot that accounts for nearly 22.35% of the total cases in India as well as about 30.55% of all deaths. [1] [2] As of 10 May 2021, the state's case fatality rate is nearly 1.49%. [3] Pune is the worst-affected city in Maharashtra, with about 930,809 cases as of 10 May 2021. [4]
The hybrid-work trend and high interest rates have sent commercial real estate values crashing in major cities, with Morgan Stanley warning earlier this year that office prices could face a 30% ...
Real estate bubbles are invariably followed by severe price decreases (also known as a house price crash) that can result in many owners holding mortgages that exceed the value of their homes. [ 32 ] 11.1 million residential properties, or 23.1% of all U.S. homes, were in negative equity at December 31, 2010. [ 33 ]
The Delhi government as well as the Andhra Pradesh government imposed a 70%–75% "corona" extra tax on liquor. [254] [255] [256] Excise duty on liquor is the third largest source of income for a number of states, nearly 10–15% of total tax collection for some states. The ban during the lockdown affected alcohol sales, in turn having a major ...
Office is the most prominent sign of a struggling commercial real estate market. The commercial real estate collapse has been most evident in the office sector, with vacancy rates at nearly 1.5 ...
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In May 2023, Canadian real estate firm Colliers reported that the vacancy rate for New York City office space was 17.4%, and that some 94 million square feet of office space was listed for lease in the city, a record amount. [18] Office vacancies in the United States reached the highest point in twenty years in October 2023. [19]
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