A recent Reddit thread has sparked a debate over whether a ₹50,000 monthly salary is enough to live independently in Mumbai, particularly in the city’s pricey south Mumbai areas. Housing costs dominated the discussion, with one user advising newcomers to avoid expensive localities like Powai or Lower Parel and instead consider more affordable suburbs such […]
Housing prices in India’s tech capital have skyrocketed over the past decade, turning what was once a middle-class dream into an expensive gamble. In most city pockets today, even a modest 2BHK apartment costs upwards of ₹1 crore, while larger 3BHKs easily cross ₹1.5–2 crore. Yet, despite the soaring rates, most projects are sold out […]
New Delhi, Oct 19 (PTI) Realty firm Sobha Ltd will launch residential projects worth ₹22,000 crore over the next 18 months across many cities to expand business. According to a latest investors presentation, Sobha Ltd will launch 13 projects across Bengaluru, Mumbai, Delhi-NCR, Pune, Chennai, Calicut, Thrissur and Trivandrum. The company will launch 16 million […]
As the festive season approaches, with Dhanteras 2025 on October 18, many homebuyers in the Mumbai real estate market look to make auspicious purchases. One recurring dilemma for aspiring homebuyers has always been a persistent issue. Should they opt for an older property with lower EMIs or go for a new build with higher monthly […]
(Bloomberg) — Japan’s bout of inflation is cutting both ways in the Tokyo housing market. Potential homebuyers in Tokyo are divided on their property purchasing plans as surging living costs add to affordability concerns, according to a Bloomberg Intelligence survey. Some are delaying purchases while others are wary of missing out on opportunities posed by […]
India’s housing market has once again become the centre of a discussion, with Reddit users weighing in on whether property prices are truly in bubble territory or simply reflecting long-term growth. From rising affordability concerns to arguments over cyclical downturns, the discussion captured a growing divide between those who see real estate as a resilient, […]
Real estate developer M3M India has announced an investment of ₹2,100 crore to develop Jacob & Co. Residences, an ultra-luxury residential project by Jacob & Co, in Noida. The project is expected to generate a topline of about ₹3,500 crore, the company said in a statement. Spread across six acres in Noida’s central business district, […]
A unit of the beleaguered Sahara Group’s has approached the Supreme Court (SC) of India seeking approval to sell 88 of its prime properties to Adani Group. A unit of the beleaguered Sahara Group’s has approached the Supreme Court (SC) of India seeking approval to sell 88 of its prime properties to Adani Group. (Picture […]
The much-anticipated Maharashtra Housing and Area Development Authority (MHADA) housing lottery will not take place in 2025, contrary to earlier expectations that the lottery for 5,000 affordable homes would be held around Diwali this year. According to MHADA officials, the lottery schedule has been pushed back to March 2026. However, the exact date and the […]
Tribeca Developers, India’s licensed partner of the Trump Organization, has repaid ₹200 crore to HDFC Capital for its flagship Mumbai project, The Edge, the company said in a statement. Tribeca Developers has repaid ₹200 crore to HDFC Capital for its Mumbai project, The Edge, the company said. (Representational Photo) (Unsplash) The early closure highlighted the […]