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Texas-based ExxonMobil renews lease for 5.3 lakh sq ft office space in Bengaluru for five years at Rs.2.60 crore per month

India, July 8 -- Texas-based energy giant ExxonMobil Services and Technology has renewed its lease for five years for nearly 5.31 lakh square feet of office space in Bengaluru's eastern IT corridor of... Read More


Bengaluru techies on home buying: Purchase a flat to live, not show; think Android, not Rolex

India, July 8 -- For many young professionals in Bengaluru, buying a home is about more than just affordability; it's also about maintaining flexibility and not getting 'stuck'. On Reddit, several tec... Read More


In India, people still buy homes unlike the West, where many rent, says GRI Institute's CEO Gustavo Favaron

India, July 8 -- The Indian real estate market continues to expand, with the current upcycle in the residential segment yet to peak. Homeownership in India remains within reach, unlike in Europe and t... Read More


Puravankara to redevelop eight housing societies in Mumbai's Chembur with a gross development value of Rs.2,100 crore

India, July 7 -- Bengaluru-headquartered listed real estate developer Puravankara Limited announced on July 7 that it has been selected as the preferred developer for the redevelopment of eight reside... Read More


Adani secures third project in Mumbai, takes on Motilal Nagar redevelopment after Dharavi

India, July 7 -- Adani Group has secured its third major project in Mumbai, the Motilal Nagar redevelopment in Goregaon (West), following the Dharavi redevelopment and the Bandra Reclamation land deal... Read More


A long way to reclaim streets for pedestrians

India, July 7 -- The Supreme Court's intervention on May 14 to ensure the availability of unobstructed, disabled-friendly footpaths for people is expected to help prioritise pedestrian needs in road d... Read More


Karnataka's new Apartment Ownership Act nearly ready: What you need to know

India, July 7 -- The Karnataka government is in the final stages of drafting a new Apartment Ownership Act that could reshape the governance and maintenance of residential apartments across Bengaluru ... Read More


NPCI secures prime 6,000 sq m plot in Mumbai's BKC from MMRDA for Rs.829 crore to set up its headquarters

India, July 6 -- The National Payments Corporation of India (NPCI) has acquired a 1.5 acre land parcel from Mumbai Metropolitan Region Development Authority (MMRDA) in Mumbai's Bandra-Kurla Complex (B... Read More


Bengaluru homebuyer wins KRERA relief over water seepage; Developer told to resolve the issue

India, July 6 -- A Bengaluru homebuyer has won relief from the Karnataka Real Estate Regulatory Authority (KRERA) over recurring water seepage issues in his apartment after KRERA directed developer Sm... Read More


Uttar Pradesh's new building norms: Will vertical growth in Ghaziabad, Lucknow, Kanpur help lower property prices?

India, July 5 -- The Uttar Pradesh state cabinet has approved new building bylaws that will pave the way for the construction of taller buildings across major cities such as Ghaziabad, Lucknow, and Ka... Read More