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Mumbai redevelopment comes with 'plenty of risks' but looks 'very attractive', says Boman Irani of Rustomjee Group

India, May 20 -- Mumbai redevelopment comes with 'plenty of risks', but everybody is jumping on the bandwagon because it looks 'very attractive', with redevelopment opportunities worth nearly Rs.1.30 ... Read More


Bengaluru tech couple's post on being 'very anxious' over huge home loan amid IT layoffs sparks property buying debate

India, May 20 -- A Reddit post by a Bengaluru-based tech couple with over a decade of experience triggered a debate over buying property amid ongoing layoffs in the IT sector. Although the couple said... Read More


Haryana may revoke OCs over non-functional rainwater harvesting systems

India, May 20 -- The Haryana government has amended the Haryana Building Code 2017 to empower authorities to conduct periodic inspections of rainwater harvesting (RWH) systems installed in individual ... Read More


Wipro founder Azim Premji's son Tariq buys a luxury penthouse in Bengaluru for 45.7 crore

India, May 20 -- Wipro founder Azim Premji's son, Tariq Premji, has bought a luxury duplex penthouse in Bengaluru for Rs.45.71 crore, marking one of the largest residential deals in the tech capital t... Read More


Telangana real estate appellate tribunal says builders cannot alter sale agreements after obtaining project registration

India, May 20 -- The Telangana Real Estate Appellate Tribunal (TREAT) has ruled that developers cannot alter key terms in sale agreements after obtaining project registration under Telangana RERA. The... Read More


Gurugram or Noida? Rs.4.3 lakh-earning DINK couple sparks debate on rental yields vs appreciation near Jewar airport

India, May 19 -- For a NCR-based DINK (double income, no kids) couple in their mid-30s earning Rs.4.3 lakh a month, the question seemed simple: should they invest in Gurugram or Noida real estate for ... Read More


Gurugram or near Noida airport? DINK couple's property buying dilemma sparks rental yield vs appreciation debate

India, May 19 -- For a NCR-based DINK (double income, no kids) couple in their mid-30s earning Rs.4.3 lakh a month, the question seemed simple: should they invest in Gurugram or Noida real estate for ... Read More


Karyan Group to develop luxury homes in Ghaziabad, homes priced between Rs.2-6 cr

India, May 19 -- Real estate developer Karyan Group plans to invest around Rs.900 crore to develop a luxury residential project on the NH-24 corridor in Ghaziabad priced between Rs.2-6 crore, the comp... Read More


Omaxe Group raises Rs.75 crore from WSB Partners for developing plots in Indore and Ujjain

India, May 19 -- Delhi-based real estate developer Omaxe Group has raised Rs.75 crore from WSB Partners to fund residential plotted developments in Indore and Ujjain. In a regulatory filing on May 19... Read More


Bengaluru tenant questions whether landlords can raise rent by 33% after lease term expiry citing inflation

India, May 19 -- A Bengaluru tenant living in the Jakkur-Yelahanka belt for nearly four years sparked an online debate over rental inflation after the landlord demanded a 33% rent hike at the end of t... Read More