Redditor warns of ‘new rental scam’ targeting flat-hunters in Bengaluru: ‘If a deal sounds too good…’

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. […]

Bengaluru resident with ₹7 crore net worth explains why buying a house in the city ‘makes zero sense’

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 […]

$44 bn Grade A offices suitable for SM REITs; Bengaluru and Hyderabad offer growth prospects

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 raises second fund of ₹4,000 crore, plans expansion in Pune, Bengaluru and Delhi NCR

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 […]

IndoSpace Core acquires six logistics parks worth ₹3,000 crore

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 […]

From ₹20 lakh to ₹1 crore in two decades: Can Bengaluru’s historical gains repeat for today’s ₹2–3 crore apartments?

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 […]

From ₹1 crore to ₹100 crore apartments, homebuyers show strong confidence in long-term home loans: Prestige Estates CEO

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 Bengaluru: Embassy Developments to launch six projects worth ₹10,300 crore

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 […]

Top 28 listed realty firms sell ₹92,500 cr worth properties in Apr-Sep, Prestige Group leads

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 […]