Groww has the makings to become India’s Robinhood, Jefferies said in a note on Friday, initiating coverage of the newly listed stock with a “buy” rating. The Groww app on a smartphone. Groww’s share price surged as much as 12.87% to ₹162.65 apiece on the vote of confidence from Jefferies. (Bloomberg) The online brokerage operated […]
A Reddit discussion has sparked a debate over Bengaluru’s rapidly narrowing housing affordability, after a young NRI sought advice on whether it is still possible to buy a 3BHK home under ₹1.2 crore for his retired parents. The post struck a chord with many buyers navigating rising prices, changing preferences and the trade-offs required to […]
Ultra-luxury homebuyers today are spoilt for choice, with a growing number of developers across the country partnering with global brands to cater to well-travelled, discerning HNI buyers willing to spend on exclusivity. Earlier, the branded residences offerings were largely limited to tie-ups with hotel chains, which provided concierge services, 24-hour security, premium landscaping, and even […]
A Bengaluru couple’s Reddit post about searching for an apartment in the city’s outskirts has sparked a debate after they highlighted challenges such as long commutes, weak infrastructure, and prices of ₹1.5 crore or more even for compact units. Their experience has reignited discussion on whether older homes in central neighbourhoods offer better long-term value […]
Netflix Inc. agreed to buy Warner Bros. Discovery Inc. in a historic combination, joining the world’s dominant paid streaming service with one of Hollywood’s oldest and most revered studios. The Warner Bros. acquisition marks an dramatic strategic shift for Netflix, which has never made a deal of this scope. (Reuters) Under the deal announced Friday, […]
The Reserve Bank of India (RBI) on December 4 cut the repo rate by 25 bps to 5.25%. Following earlier rate reductions this year, the move further strengthens the value proposition for homebuyers, especially in the affordable and mid-income segments that are highly sensitive to interest rate changes. First-time and mid-income buyers stand to benefit […]
Kartik Aaryan’s parents, Mala Tiwari and Manish Tiwari, have purchased an office space in Mumbai’s Vile Parle for ₹10.83 crore, according to property registration documents accessed by Zapkey. Mumbai real estate update: Kartik Aaryan’s parents, Mala Tiwari and Manish Tiwari, have purchased an office space in Mumbai’s Vile Parle for ₹10.83 crore. (HT Files) The […]
New Delhi, Nov 28 (PTI) Godrej Properties continues to be bullish about housing demand and will acquire this fiscal year multiple land parcels with a total revenue potential of around ₹30,000 crore, a top company official said. Godrej Properties is aggressively acquiring land parcels outright and also partnering with land owners to expand its business. […]
Bollywood actor Hrithik Roshan, his father Rakesh Roshan’s HRX Digitech LLP, and his mother Pramila Roshan’s Filmkunj (Bombay) Pvt Ltd, have together purchased 10 office units in Mumbai’s Andheri West area for ₹28 crore, according to property registration documents accessed by Propstack. Mumbai real estate update: Hrithik Roshan, his father Rakesh Roshan’s HRX Digitech LLP, […]
In Bengaluru, ground-floor units have become a point of debate among Redditors, who are weighing convenience against long-term livability and resale value. In compact mid-rise projects, typically G+4 buildings common across the city’s suburbs, many say they’re facing increasing pressure from developers claiming that upper floors are ‘almost sold out.’ In Bengaluru, ground-floor units are […]
