A Reddit post by a 22-year-old professional earning ₹55,000 a month has sparked a discussion on rental affordability in Bengaluru, as young earners grapple with rising housing costs and the trade-offs between comfort and savings. The Redditor, who currently lives in a PG and works from home most days, asked whether spending ₹17,000– ₹20,000 on […]
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 […]
In one of the largest standalone land purchases in Mumbai, a subsidiary of luxury real estate developer ZYJ Builders and Developers has acquired the Dwarka Bungalow in Santacruz for ₹164 crore, according to documents accessed by data analytics firm Zapkey. Mumbai-based luxury developer ZYJ Estates LLP has bought the Dwarka Bungalow in Santacruz for ₹164 […]
Maharashtra Deputy Chief Minister Eknath Shinde has announced a new regulatory framework to redevelop Mumbai’s ‘Pagdi’ buildings, describing it as a “historic decision” aimed at eventually eliminating such properties from the city. Speaking in the legislative assembly, Shinde said the move will expedite redevelopment of old structures, prevent collapses, and reduce loss of life and […]
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 […]
A 34-year-old Reddit user’s question about whether a household earning ₹3.2 lakh per month can afford to purchase a ₹2.4 crore apartment in Bengaluru has sparked a discussion on financial planning, home loans, and rising property prices in the city. A 34-year-old Reddit user’s query on whether a household earning ₹3.2 lakh a month can […]
Jones Lang LaSalle Property Consultants India (JLL) has leased 1.2 lakh sq ft of office space in Hyderabad’s Prestige Skytech for a monthly rent of ₹64.1 lakh for a five-year term, according to registration documents accessed by CRE Matrix. Jones Lang LaSalle Property Consultants India (JLL) has leased 1.2 lakh sq ft of office space […]
Across India. from Bengaluru’s tech corridors to Delhi’s power hubs, Worli alone accounts for nearly half of all residential transactions above ₹40 crore. The neighbourhood’s concentration of wealth is evident: in just two years, more than 30 homes priced above ₹40 crore each were sold, totalling over ₹5,500 crore and resetting India’s luxury real estate […]
Offering a glimmer of hope for the revival of long-delayed real estate projects, the Greater Noida Authority has granted in-principle approval to appoint co-developers for two stalled group housing projects in Sectors 10 and 1. The move, taken under the UP government’s co-developer policy for legacy stuck projects, brings the total number of Greater Noida […]
Omaxe Group said on December 2 that it has repaid around ₹80 crore in loans taken from the government-backed SWAMIH stress fund for two of its projects in New Chandigarh and Prayagraj. The SWAMIH (Special Window for Affordable and Mid-Income Housing) fund had sanctioned ₹168.80 crore for the ‘The Lake’ project in New Chandigarh and […]
