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Close to our community during COVID crisis, says WIRTGEN India
Through its WE CARE initiative , WIRTGEN INDIA has supported the fight for COVID through various CSR initiatives. The organisation, along with with a substantial contribution by the employees, has donated a sum of Rs 30 lakh to the PM Cares fund, said a press release by the company.
Wirtgen India also donated CSR funds to NGO United Ways for supporting ground level activities which included – supplying healthcare equipment, cooked meals, groceries and essentials to the stranded and the effected people.
Distribution of essential kits to the migrant labourers as well as supply of PPE kits to the local police and the medical staff was done and will be continued as required, said the release.
"While being true to our motto – Close To Our Customers, we at Wirtgen India are being socially responsible and are also Close To Our Community," said the release.
USA Mortgage Rates Reach 6.95%
In July 2024, the average mortgage rate in the USA rose to 6.95%, marking a significant increase and impacting homebuyers nationwide. This upward trend in mortgage rates is attributed to several economic factors, including inflationary pressures, shifts in the Federal Reserve?s monetary policy, and broader market dynamics. The rise in mortgage rates presents challenges for potential homebuyers, making borrowing more expensive and potentially slowing down the housing market. Higher rates can lead to increased monthly payments for homeowners, reducing affordability and potentially deterring new ..
Toronto Home Sales Increase 4.2%
In June 2024, home sales in Toronto experienced a notable rise, increasing by 4.2% compared to the previous month. This growth highlights a positive trend in the Toronto real estate market, indicating robust buyer activity and a favorable environment for sellers. Several factors contribute to this uptick, including attractive mortgage rates, strong demand for housing, and a stable economic backdrop. The Toronto Regional Real Estate Board (TRREB) reported this increase, pointing to heightened buyer confidence and competitive market conditions. Despite rising interest rates in other parts of Nor..
New Zealand Boosts Home Construction
New Zealand is set to implement regulatory changes aimed at boosting home construction to address the nation's housing shortage. The government plans to streamline building consent processes, reduce construction costs, and increase the supply of affordable housing. This initiative is part of a broader strategy to make housing more accessible and alleviate the pressure on the housing market. Key elements of the regulatory overhaul include simplifying the approval process for new housing projects and reducing bureaucratic hurdles that often delay construction. By cutting red tape, the government..
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