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Bengaluru tenant paying Rs.50,000 rent says Whitefield luxury flat feels like a regular Rs.20,000 house amid power cuts

India, May 22 -- A Reddit user living in a high-end apartment society in Whitefield sparked debate after claiming that, despite paying nearly Rs.50,000 a month for a 2 BHK, the complex continues to fa... Read More


Ashiana Housing to invest close to Rs.560 crore in housing project in Jaipur; to launch first phase in June

India, May 22 -- Ashiana Housing will invest nearly Rs.560 crore to develop a residential project in Jaipur. The company has launched the first phase of its project, 'Ashiana Oma', located on Ajmer Ro... Read More


'Water shortage, lift issues': Bengaluru resident lists 17 'nightmares' faced within 1 year of flat ownership

India, May 22 -- A Bengaluru homeowner has shared why they regret buying a house in the tech hub. Sharing their one-year retrospective, the flat owner called out neighbours who refuse to pay for a new... Read More


Shah Rukh Khan's close aide and CEO of Kolkata Knight Riders, Venky Mysore, buys a Rs.17 crore luxury flat in South Mumbai

India, May 22 -- Shah Rukh Khan's close aide and Kolkata Knight Riders CEO Venky Mysore, along with wife Veena Mysore, purchased a luxury apartment for Rs.17 crore in South Mumbai's Tardeo, according ... Read More


Are Bengaluru housing complexes better prepared to handle the water crisis this summer?

India, May 21 -- A Reddit discussion on Bengaluru's summer water crisis has raised concerns among homebuyers about the sustainability of apartment-led real estate growth, with users pointing to rising... Read More


Bengaluru tenant says landlord deducted just Rs.5,000 for cleaning, calls smooth security deposit refund 'rare these days'

India, May 21 -- At a time when Bengaluru's rental market is witnessing growing friction between landlords and tenants over steep rent hikes, delayed security deposit refunds, maintenance charges and ... Read More


Joint CEO of MHADA in dock for undervaluing land in 2012, causing stamp duty loss

India, May 21 -- Joint chief executive officer of MHADA Vandana Suryavanshi is facing a departmental inquiry in a faulty adjudication case that caused a loss of Rs.49.31 crore in stamp duty to the sta... Read More


Nissin ABC Logistics leases 3.8 lakh sq ft warehousing space near Gurugram for Rs.65 lakh monthly rent

India, May 21 -- Nissin ABC Logistics Private Limited has leased 3.85 lakh sq ft of warehouse space near Gurugram in Jhajjar, Haryana, at a monthly rent of around Rs.65.57 lakh for five years, accordi... Read More


Ranbir Kapoor rents out Pali Hill apartment in Mumbai for 5 years at Rs.11 lakh monthly rent

India, May 21 -- Ranbir Kapoor has leased out his former apartment Vastu in upscale Pali Hill, Bandra West, Mumbai, for a monthly rent of Rs.11 lakh for five years, documents accessed by Zapkey showed... Read More


Real estate sector requires Rs.50 lakh crore capital by 2030; affordable housing remains underfunded

India, May 21 -- India's real estate sector is expected to require nearly Rs.50 lakh crore in capital over the next decade to support its expansion into a $1 trillion market by 2030, with the potentia... Read More