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Affordable housing: Bengaluru's Rs.50 lakh homes now worth Rs.2 crore; Rs.1.5-3 crore is the new sweet spot, says CREDAI chief

India, May 14 -- The definition of affordable housing has evolved, especially in Bengaluru, where a Rs.50 lakh house from 10 years ago can now cost Rs.2 crore due to inflation. Homes priced between Rs... Read More


NRIs bet big on Bengaluru real estate, driven by strong dollar and US visa uncertainty

India, May 14 -- While domestic buyers continue to dominate Bengaluru's real estate sector, demand from non-resident Indians (NRIs) is on the rise, driven by the appreciating dollar and ongoing visa c... Read More


Rising real estate prices: Netizens say homeownership is now a dream for the top 5%

India, May 14 -- With property prices soaring across Tier I cities, netizens say homeownership in India is increasingly becoming a goal attainable only for the top 5% of high-net-worth families. As pr... Read More


Brigade Group acquires 5.4-acre land parcel in Chennai for Rs.441 crore to develop a housing project

India, May 14 -- Bengaluru-based listed real estate developer Brigade Group has acquired a 5.41-acre land parcel in Chennai's Velachery Road for Rs.441 crore to develop a housing project, the company ... Read More


Maharashtra Tribunal backs homebuyers, orders Lodha Group to register portion of New Cuffe Parade Project with MahaRERA

India, May 13 -- In a major relief for homebuyers, the Maharashtra Real Estate Tribunal has directed the Lodha Group, also known as Macrotech Developers, to register a portion of its New Cuffe Parade ... Read More


Abhinandan Lodha-led Lodha Ventures rebrands as Abhinandan Ventures

India, May 13 -- Abhinandan-Lodha-led Lodha Ventures has rebranded itself as Abhinandan Ventures while retaining ownership of the Lodha Ventures brand, the company said on May 13.A spokesperson of the... Read More


Karnataka Tribunal sets aside KRERA order, grants relief to senior citizen after 12-year delay in villa possession

India, May 13 -- The Karnataka RERA Tribunal (KREAT) has directed Bengaluru-based realtor Sterling Developers to hand over a luxury villa to a 75-year-old buyer after a 12-year delay. Setting aside an... Read More


ILP 4 India 1 Private Limited buys land parcel in Kurla, Mumbai, for Rs.194 crore

India, May 13 -- ILP 4 India 1 Private Limited has purchased a land parcel in Kurla, Mumbai, for Rs.193.5 crore from Shri Aditya Finwealth Private Limited, according to property registration documents... Read More


Tier 1 cities to see a surge of over 16 mn sq ft in mall supply between 2025 and 2026 amid rising consumption

India, May 13 -- Rising consumer demand is driving a surge in new mall supply across Tier 1 cities, with over 16.6 million sq ft of Grade A retail space expected to enter the top seven cities between ... Read More


Trump Residences in Gurugram sell out on launch day, record Rs.3,250 crore in allotments

India, May 13 -- Trump Residences in Gurugram, developed by Smartworld Developers and Tribeca Developers, sold out on launch day, recording Rs.3,250 crore in allotments. The project's four ultra-premi... Read More