luxury villas
Coverage of luxury villas in the Nexus archive.
- From luxury villas to gold, Telangana ACB sharpens focus on public servants’ disproportionate assets
The Telangana Anti-Corruption Bureau (ACB) is intensifying its focus on public servants' disproportionate assets, as evidenced by record Disproportionate Assets (DA) cases, rising public complaints, and high-profile raids. The ACB's efforts now extend beyond routine bribery to include assets like luxury villas and gold.
- Thai property crackdown: Foreign buyers hit pause on villas as nominee loophole closes
Thailand is cracking down on a loophole allowing foreigners to bypass land ownership restrictions, leading foreign buyers to delay villa purchases in resort destinations like Phuket and Koh Samui. The Department of Business Development has flagged 11,426 companies on Koh Phangan and Koh Samui where foreigners hold stakes.
- Dubai property sales have fallen ‘off a cliff’ since start of Middle East war
Dubai property sales have dropped 19% in May compared to the previous month, with luxury villa sellers reducing prices by tens of millions of pounds. A researcher named ValuStrat attributed the decline to a slowdown caused by war in the Middle East.
- Nepal-based burglary gang used domestic workers to target luxury villas, say police
A Nepal-based burglary gang used domestic workers to target luxury villas, according to police. The gang's method involved exploiting domestic workers to access and commit burglaries at high-value properties.