Embassy REIT acquires 3 lakh sq ft office property in Bengaluru for ₹852 crore

Embassy Office Parks REIT, India’s first listed REIT, has announced that it has acquired a 3 lakh square feet marquee office property located within Embassy GolfLinks Business Park, in Bengaluru for ₹852 crore. Embassy Office Parks REIT has acquired a 3 lakh square feet marquee office property located within Embassy GolfLinks Business Park, in Bengaluru […]

Hyderabad real estate: WeWork leases 1.75 lakh sq ft office space; sub-leases entire space to JP Morgan in mega deal

In one of Hyderabad’s largest office space transactions, WeWork India has leased 1.75 lakh sq ft at Skyview 20, a Grade-A tech park, on a five-year term with a starting monthly rent of ₹1.72 crore. The company has then sub-leased the entire two-floor space to JP Morgan Services India Pvt Ltd for 60 months at […]

Columbia Pacific’s Serene Communities to launch 3,000 senior homes in the range of ₹60 lakh to ₹1 crore across 7 cities

Serene Communities, the senior living brand of Columbia Pacific, plans to launch around 3,000 senior homes across 13 projects in Bengaluru, Chennai, Mysuru, Pune, Kochi, Coimbatore and Hyderabad within the current fiscal, backed by an investment of about ₹2,500 crore, Co-founder and CEO Rajagopal G told Hindustan Times Real Estate. Serene Communities, the senior living […]

Dream 11 parent firm leases around 1.70 lakh sq ft commercial space in Mumbai’s Worli for over ₹334 cr

Sporta Technologies Private Limited (Dream11), an online gaming app, has leased multiple office spaces of approximately 1.70 lakh sq ft in the Worli area of Mumbai for over ₹334 crore, according to property registration documents accessed by CRE Matrix. Mumbai real estate update: Sporta Technologies Private Limited (Dream11), an online gaming app, has leased multiple […]

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 […]

Homebuyer’s Guide: Here’s what you need to know about pre-construction interest limit of ₹2 lakh under Section 24(b)

Mumbai-based Rahul Saraf purchased a home in March 2024 with a home loan of ₹50 lakh and he is living in it. The total pre-construction interest paid was ₹5 lakh. According to Section 24(b), Rahul must claim it in five equal installments of ₹1 lakh each over five years, starting from possession. In the first […]

Swiggy’s Scootsy Logistics leases warehouse spaces for ₹20 lakh monthly rent in Bhiwandi near Mumbai

Scootsy Logistics Pvt Ltd, a fully owned subsidiary of Swiggy, has leased multiple warehouse spaces in Bhiwandi, near Mumbai, occupying a combined 1.21 lakh sq ft of space for a total monthly rent of ₹19.98 lakh, according to registration documents accessed by data analytics firm CRE Matrix. Scootsy Logistics, a Swiggy subsidiary, has leased 1.21 […]

Karisma Kapoor renews the lease of her apartment in Mumbai’s Bandra for ₹66.12 lakh

Bollywood actress Karisma Kapoor has renewed the lease of her residential apartment in Mumbai’s Bandra West for a total rent of ₹66.12 lakh, according to property registration documents reviewed by Square Yards. Bollywood actress Karisma Kapoor has renewed the lease of her residential apartment in Mumbai’s Bandra West for a total rent of ₹66.12 lakh. […]

Kotak Mahindra Bank, a house that Uday Kotak built—from ₹30 lakh to ₹4.2 lakh crore| Business News

Kotak Mahindra Bank Ltd., a house that Uday Kotak built with a little help from Anand Mahindra, has completed 40 years of operations today—from ₹30 lakh capital in 1985 to ₹4.2 lakh crore market capitalisation today. Uday Kotak, founder of Kotak Mahindra Bank. (Mint) “40 years ago today, I started a company with ₹30 lakh […]

Koramangala man hunting for flat told Cooke Town 3BHK is ₹1 lakh: ‘Have people lost their minds?’

A Bengaluru professional recently shared his ordeal of trying to find a rented home in the city, where rising real estate prices have pushed up rents. Sahil Khan moved to Bengaluru in 2021 and currently lives in Koramangala.(X/@sahilk) Sahil Khan, a product designer at a startup, took to X on Wednesday with a brief post […]