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Bengaluru real estate: Amid tech slowdown, layoffs, buyers ask if 'hype is fading' as deals take longer to close

India, March 26 -- Concerns about a potential price moderation in Bengaluru's housing market are resurfacing amid uncertainty in the global tech sector, layoffs, and the growing impact of AI, which ar... Read More


Will Maharashtra hike Ready Reckoner rates amid the US-Israel-Iran war? Real estate developers warn of price rise

India, March 26 -- Mounting fiscal pressure and a rising debt burden could prompt the Maharashtra government to revise ready reckoner (RR) rates from April, with reports indicating an average hike of ... Read More


US-Iran war spurs NRIs' interest in real estate market back home; Puravankara sees a 60% jump in Middle East enquiries

India, March 25 -- Bengaluru-based real estate developer Puravankara Limited is witnessing a surge in interest from non-resident Indians (NRIs) in the Middle East amid the ongoing US-Iran war. The com... Read More


Bengaluru rental row raises key question: Can landlords deduct repair costs from security deposits?

India, March 25 -- A tenant dispute in Bengaluru has reignited concerns over landlord practices and tenant protections, after a renter alleged that a substantial portion of her security deposit was wi... Read More


BEST renting out prime commercial spaces below market rates, claims committee

India, March 25 -- At a time when the Brihamumbai Electricity Supply and Transport (BEST) undertaking is reeling under accumulated losses exceeding Rs.10,000 crore, it is undervaluing its own assets, ... Read More


Mumbai's BEST renting out prime commercial spaces in Colaba, Andheri, Goregaon below market rates, claims committee

India, March 25 -- At a time when the Brihamumbai Electricity Supply and Transport (BEST) undertaking is reeling under accumulated losses exceeding Rs.10,000 crore, it is undervaluing its own assets, ... Read More


Brigade Group launches residential project in East Bengaluru, eyes Rs.1,100 cr revenue

India, March 25 -- Bengaluru-based real estate developer Brigade Group has launched a 10.75-acre residential project in East Bengaluru with an estimated revenue potential of over Rs.1,100 crore, the c... Read More


Freshworks former CEO Girish Mathrubootham buys a luxury property in Chennai for Rs.60 crore

India, March 25 -- Nasdaq-listed software-as-a-service (SaaS) company Freshworks' former CEO and founder Girish Mathrubootham has acquired a property in Chennai for Rs.60 crore, according to property ... Read More


Puravankara plans 33 mn sq ft of home launches within 2.5 years, reviews home price hike amid rising input costs

India, March 25 -- Bengaluru-based real estate developer Puravankara plans to launch over 33 million sq ft of homes across western and southern India for an estimated revenue of Rs.35,636 crore within... Read More


Godrej Seeds and Genetics Limited buys three office units in Mumbai's Vikhroli for Rs.365 crore

India, March 25 -- Godrej Seeds and Genetics Limited has purchased three office units in Mumbai's Vikhroli area for Rs.365 crore, according to property registration documents accessed by Propstack. T... Read More