Paying ₹60,000 or more in monthly rent is no longer unusual in India’s largest cities. Across Bengaluru, Mumbai and Delhi-NCR, a growing number of salaried professionals are opting to rent premium homes, even as owning a house remains a deeply rooted aspiration. Paying ₹60,000-plus monthly rent is now common in major cities, with many salaried […]
Smartworks, a managed office platform, has leased 1.82 lakh sq ft of managed office space in Mumbai’s Andheri (East), taking its total managed office portfolio in the city to 2 million sq ft, the company said in a statement on February 11. Smartworks has leased 1.82 lakh sq ft of managed office space in Andheri […]
Ola has surrendered more than 1.7 lakh sq ft of leased office space in Bengaluru as it accelerates the use of artificial intelligence and automation across its operations, people familiar with the matter said. Ola has surrendered over 1.7 lakh sq ft of office space in Bengaluru amid increased use of AI and automation, sources […]
Despite earning ₹1 lakh a month and having ₹15 lakh in savings, a Bengaluru homebuyer said owning an affordable home still feels out of reach. What once signalled financial stability now barely covers the upfront costs, as soaring apartment prices, hefty down payments, registration charges, and long-term EMIs combine to make homeownership an increasingly distant […]
Real estate developers’ apex body, the Confederation of Real Estate Developers’ Associations of India (CREDAI), on February 7, announced plans to undertake a reforestation drive across 1 lakh acres of land in India over the next five years. The initiative will be implemented through its Corporate Social Responsibility (CSR) Foundation and nationwide network, driven by […]
As Bengaluru’s residential property prices continue to rise, the decision to buy a home is becoming increasingly complex, especially for younger households grappling with higher costs, loan commitments and long-term financial security. It raises a key question: should buyers stretch themselves by committing nearly 60% of their household income to EMIs, or stick to the […]
As Bengaluru’s housing prices continue to climb, many salaried professionals are questioning whether buying a home in the city still makes financial sense. A Reddit post by a 36-year-old Bengaluru-based professional earning ₹2.8 lakh a month and supporting a family of five highlights a growing dilemma for single-income households: whether to stretch finances to buy […]
For double-income-no-kids (DINK) couples in Bengaluru, buying a first home is no longer just about affordability; it is also about risk management. As rentals climb sharply across tech corridors, couples and salaried professionals say they are facing several challenges over ageing apartment stock, civic infrastructure stress and long-term livability For DINK couples in Bengaluru, a […]
A Bengaluru housing society has allegedly demanded ₹1 lakh from a resale apartment buyer as a precondition for issuing a no-objection certificate (NOC) required for home loan disbursal. Bengaluru real estate: Can housing societies charge ₹1 lakh for an NOC from resale buyers? (Representational Image) (Pexels ) The issue came to light after a homebuyer […]