A Bengaluru renter has raised an alarm on Reddit about what he describes as a “new flat rental scam” targeting people searching for affordable homes in the city. In a detailed post, titled “Bengaluru New Flat Rental Scam,” the user narrated how scammers are exploiting too-good-to-be-true listings on popular real-estate platforms to dupe unsuspecting tenants. […]
A 32-year-old Bengaluru resident has sparked a discussion online after explaining why he refuses to purchase property in the city despite having a net worth of ₹7 crore and a monthly salary of ₹3.7 lakh. For now, the Redditor said he prefers renting in Jayanagar for lifestyle.(Shutterstock) In the post titled “Why buying a house […]
About 40% of the total Grade A office stock in India’s top seven cities, valued at roughly $44 billion, is suitable for SM REITs. Markets such as Mumbai and Delhi NCR present the largest asset acquisition opportunities under the umbrella due to the abundance of small and mid-sized projects. Tech hubs like Bengaluru and Hyderabad […]
Mt. K Kapital, a real estate investment management firm backed by Mumbai-based real estate developer Rustomjee Group, on November 27 said that it has raised a second fund of ₹4,000 crore. The fund is backed by strong General Partners (GPs) and Limited Partners (LPs), reflecting confidence in Mt. K Kapital’s team as well as performance […]
Mumbai, Nov 25 (PTI) CPP Investments and IndoSpace joint venture IndoSpace Core on Tuesday announced the acquisition of six industrial and logistics parks valued at ₹3,000 crore (471 million Canadian dollars). IndoSpace Core, the CPP Investments–IndoSpace JV, has acquired six industrial and logistics parks valued at ₹3,000 crore (Represenational Image) (Pexels) The six parks, located […]
A Bengaluru apartment bought for ₹20 lakh two decades ago is now worth nearly ₹1 crore, a story one of the Redditors said they have witnessed firsthand. However, as new homes in prime locations surpass the ₹2–3 crore mark, homebuyers argue will buyers today will achieve the same kind of returns, or has the era […]
Tariq Ahmed, CEO (West) of Prestige Estates, said he conducts temperature checks on their customers, which showcases a positive momentum. “Homebuyers, from those willing to take a ₹1 crore apartment to those willing to take a ₹100 crore apartment, are willing to take long-term home loans over five years, which suggests a high level of […]
North vs East Bengaluru has become the city’s fiercest real estate rivalry. One is powered by the airport economy, while the other is driven by the IT belt, and investors are now weighing which direction promises better appreciation over the next decade. North vs East Bengaluru is now the city’s top real estate rivalry, with […]
Bengaluru-based Embassy Developments plans to launch six residential projects, totalling nearly ₹10,300 crore, in North Bengaluru, the company announced in a statement on November 24. Bengaluru-based Embassy Developments will launch six residential projects worth nearly ₹10,300 crore in North Bengaluru, the company said on November 24. (Represnetational Image) (Unsplash ) The launches together include 5.6 […]
New Delhi, Nov 23 (PTI) India’s 28 major listed real estate companies sold properties worth nearly ₹92,500 crore during the first half of this fiscal year, led by Bengaluru-based Prestige Estates, which achieved the highest sales bookings. India’s 28 major listed real estate companies sold properties worth nearly ₹92,500 crore during the first half of […]
