Bengaluru man says Rs 1.5 lakh/month not enough: 'Everything is super inflated'
Trending News
1 week, 3 days ago

Bengaluru man says Rs 1.5 lakh/month not enough: 'Everything is super inflated'

India Today  

Earning Rs 1.5 lakh a month may seem like a dream to many, but for a Bengaluru resident on Reddit, the reality is quite different. I earn about Rs 1.5 lakh per month and have my family and an EMI to take care of in my hometown. I save up some money each month, let's say about 30-40k.” He mentioned that despite a good income, he and his fiancee still live in PG accommodation, unable to afford a decent rental space in the city’s expensive housing market. Everyone else gets to face the heat.” Figures from ANAROCK Group show that Bengaluru's Thanisandra Main Road recorded a 67% appreciation in capital values, surpassing the 62% increase in rental values, while Sarjapur Road's rental values increased 76%, greater than the 63% increase in capital values, between late 2021 and 2024-end.

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Bengaluru property owners owe civic body BBMP ₹390 crore in unpaid taxes
Trending News
2 days, 3 hours ago

Bengaluru property owners owe civic body BBMP ₹390 crore in unpaid taxes

Hindustan Times  

Bengaluru's 3.49 lakh property owners, out of a total of 20.5 lakh, have not paid their property taxes to the municipal corporation Bruhat Bengaluru Mahanagara Palike and owe ₹390 crore to BBMP. Bengaluru's 3.49 lakh property owners, out of a total of 20.5 lakh, have not paid their property taxes to the municipal corporation Bruhat Bengaluru Mahanagara Palike and owe …

High salaries, low savings: Pune man regrets 25 LPA job in Bengaluru after leaving 18 LPA role
5 days, 1 hour ago

High salaries, low savings: Pune man regrets 25 LPA job in Bengaluru after leaving 18 LPA role

Hindustan Times  

Bengaluru, often hailed as India’s tech capital, continues to attract professionals from across the country and beyond, drawn by its lucrative salaries and thriving job market. The post, shared on LinkedIn by Ishan Arora, recounts the experience of his friend, who left a well-paying job in Pune to join a company in Bengaluru for a 40% salary increase, jumping from …

Bengaluru rentals stay high as landlords capitalize on return-to-office demand, but tenants remain wary
1 week ago

Bengaluru rentals stay high as landlords capitalize on return-to-office demand, but tenants remain wary

Hindustan Times  

A Bengaluru landlord's refusal to lower the ₹23,000 rent for a room in a 3BHK near Whitefield recently backfired, leaving the property vacant for five months and causing a loss of over ₹1 lakh. In this case, a Bengaluru landlord's refusal to lower the ₹23,000 per month rent was deemed too high by potential tenants, leaving the room vacant for …

Bengaluru’s real estate market faces strain amid IT layoffs and AI push; Reddit user asks, ‘Who’s left to buy?’
1 week, 2 days ago

Bengaluru’s real estate market faces strain amid IT layoffs and AI push; Reddit user asks, ‘Who’s left to buy?’

Live Mint  

The real estate market in India's IT hub Bengaluru has slowed down, a Reddit user claimed, citing reasons such as layoffs, less hiring, boost of AI and ‘silent recession’. The user highlighted that the Bengaluru real estate market majorly depends on the IT industry. Additionally, the demand for real estate has been impacted by less investment by NRIs, and senior …

Bengaluru real estate market: Will it mirror Mumbai’s footsteps? Netizens weigh in
1 week, 2 days ago

Bengaluru real estate market: Will it mirror Mumbai’s footsteps? Netizens weigh in

Hindustan Times  

As Bengaluru's property prices continue to rise, discussions on Reddit have sparked comparisons to Mumbai's real estate market’s trajectory, with many speculating whether the city will follow a similar boom-and-stabilization pattern. While some believe Bengaluru is still in a high-growth phase, others point to the city's potential price plateau, much like Mumbai’s market after years of rapid appreciation. Mumbai versus …

Bengaluru, MMR, NCR and Hyderabad see real estate capital values surpass rentals
1 week, 3 days ago

Bengaluru, MMR, NCR and Hyderabad see real estate capital values surpass rentals

Hindustan Times  

Average capital values in Bengaluru, MMR, NCR and Hyderabad rose higher than rental values between 2021-end and 2024-end while Pune, Kolkata and Chennai saw the reverse trend – rental values appreciated more than the capital values, an analysis shared real estate consultant Anarock showed. Average capital values in Bengaluru, MMR, NCR and Hyderabad rose higher than rental values between 2021-end …

Bengaluru's municipal corporation achieves 88% of property tax revenue target, issues 2.25 lakh e-Khatas
1 week, 4 days ago

Bengaluru's municipal corporation achieves 88% of property tax revenue target, issues 2.25 lakh e-Khatas

Hindustan Times  

Bengaluru's municipal corporation Bruhat Bengaluru Mahanagara Palike has collected ₹4,604 crore out of its property tax target of ₹5,210 crore for the fiscal year 2024-25, representing approximately 88.36% of the target. Bengaluru's municipal corporation has collected ₹ 4,604 crore out of its property tax target of ₹ 5,210 crore for the fiscal year 2024-25, representing approximately 88.36% of the target. …

Capital appreciation outpaces rental income in India’s top housing markets: Anarock report
1 week, 4 days ago

Capital appreciation outpaces rental income in India’s top housing markets: Anarock report

Live Mint  

Mumbai, March 17 : The answer to the 'rent or buy' question keeps changing as the Indian housing market evolves. An analysis of the key micro markets in the top 7 cities by Anarock showed that in major cities like Bengaluru, greater Mumbai, Delhi NCR, and Hyderabad, average capital values rose higher than rental values between 2021-end and 2024-end, Anuj …

Property value in Sarjapur Road, Whitefield shooting up by over 8 per cent annually
1 week, 6 days ago

Property value in Sarjapur Road, Whitefield shooting up by over 8 per cent annually

New Indian Express  

BENGALURU: Emerging areas in the city like Sarjapur Road, Whitefield, Hebbal and Devanahalli are witnessing significant growth due to their proximity to IT hubs, improved infrastructure and connectivity, said Amar Mysore, president of Confederation of Real Estate Developers Associations of India, Bengaluru. Speaking at the launch of the CREDAI Realty Expo 2025 on Friday, Mysore said, "These areas are projected …

‘Housing loans in Bengaluru account for 65% of SBI’s Bengaluru Circle’s home loan portfolio’
1 week, 6 days ago

‘Housing loans in Bengaluru account for 65% of SBI’s Bengaluru Circle’s home loan portfolio’

The Hindu  

Housing loan of SBI Bengaluru City forms 65% of the Bengaluru circle’s real estate portfolio, said Joohi Smita Sinha, Chief General Manager, State Bank of India, Bengaluru Circle. “The housing loans of SBI Bengaluru city form 65% of home loan portfolio at SBI Bengaluru Circle. Bengaluru has an excellent builder community, and most projects are fully booked at the time …

Bengaluru real estate properties construction apartments
2 weeks ago

Bengaluru real estate properties construction apartments

The Hindu  

In the era of memes, I came across one of the funniest and relevant one about Bengaluru which went: ‘A city where a software developer travels for 2 hours to the office to develop an app that delivers items in 10 minutes.’ Oxymoron it may be, but Bengaluru holds the dual distinction of being the Silicon Valley of India while …

Bengaluru homebuyers struggle with affordability crisis as mid-end housing launches fall by 29%, says NoBroker report
2 weeks, 1 day ago

Bengaluru homebuyers struggle with affordability crisis as mid-end housing launches fall by 29%, says NoBroker report

Hindustan Times  

As real estate developers increasingly focus on high-margin luxury projects, budget-conscious buyers face growing challenges to homeownership. The launch of mid-end housing projects, with properties priced between ₹40 lakh and ₹80 lakh, in Bengaluru dropped by 29% in 2024, according to a report by NoBroker. The launch of mid-end housing projects, with properties priced between ₹ 40 lakh and ₹ …

Bengaluru real estate: Will slowing NRI interest and rising property costs lead to a market correction?
2 weeks, 2 days ago

Bengaluru real estate: Will slowing NRI interest and rising property costs lead to a market correction?

Hindustan Times  

Bengaluru’s real estate market has become a topic of discussion among Redditors, with many questioning the sustainability of the city’s property boom. A Reddit user highlighted concerns about the future of Bengaluru's real estate market, particularly from an NRI investment perspective. While these factors could slow Bengaluru’s real estate growth, the user argued that a full-fledged market crash is unlikely …

Bengaluru man compares city with Delhi, Mumbai in viral post: ‘Worst traffic and highest salaries’
2 weeks, 3 days ago

Bengaluru man compares city with Delhi, Mumbai in viral post: ‘Worst traffic and highest salaries’

Hindustan Times  

It’s no secret that people are entitled to their own opinions, shaped by their personal experiences. A similar situation unfolded when a Bengaluru resident, after spending nine months in the city, shared his perspective on life in India’s IT hub. A Bengaluru man’s city review sparked debate online. His post compared the city to other metropolitan hubs like Delhi, Mumbai, …

Bengaluru real estate market: Is finding love easier that renting an apartment?
2 weeks, 5 days ago

Bengaluru real estate market: Is finding love easier that renting an apartment?

Hindustan Times  

Bengaluru’s surging rental market has made house-hunting a daunting challenge for newcomers, prompting some to quip that finding love in the city is easier than securing an apartment on rent IT professional Himanshi Chhablani recently took to Facebook to share her challenges navigating Bengaluru’s skyrocketing rental market. Bengaluru’s surging rental market has made house-hunting a daunting challenge for newcomers, prompting …

₹7,000 cr allotted to improve infrastructure in Bengaluru: Karnataka CM
2 weeks, 6 days ago

₹7,000 cr allotted to improve infrastructure in Bengaluru: Karnataka CM

Hindustan Times  

Karnataka Chief Minister Siddaramaiah on Friday announced ₹7,000 crore for improving infrastructure in Bengaluru, an increase of ₹4,000 crore from what is allotted annually. "Varthur and Bellandur lake rejuvenation works have been taken up at a cost of ₹234 crore by Bengaluru Development Authority," he said. The chief minister said that 'Comprehensive Health Programme' will be implemented over the next …

Karnataka budget 2025: Boost for Bengaluru infra, focus on religious allocations
Top News
3 weeks ago

Karnataka budget 2025: Boost for Bengaluru infra, focus on religious allocations

India Today  

Chief Minister Siddaramaiah presented the Karnataka government’s budget for the financial year 2025-26, with an estimated total outlay of Rs 4,08,647 crore. ALLOCATION FOR RELIGIOUS BODIES, MINORITIES Support for minority communities has been strengthened with Rs 1,000 crore allocation under the 'Chief Minister's Minority Colony Development Programme,' with implementation set for the upcoming fiscal year. Reservation will also be provided …

Rents are increasing faster than salaries in Bengaluru. Details here
3 weeks ago

Rents are increasing faster than salaries in Bengaluru. Details here

India Today  

Bengaluru’s escalating rents are making housing unaffordable for many, with rent hikes exceeding salary increases, reported Business Today. The post summed up the problem: “Rents are increasing faster than salaries.” The user pointed out that a three BHK now costs nearly Rs 90,000 in prime areas, while even in Sarjapur Road and Bellandur, which are close to tech parks, rents …

From pensioner's paradise to IT hub: Is Mysuru ready to catch up with Bengaluru’s real estate boom?
3 weeks, 2 days ago

From pensioner's paradise to IT hub: Is Mysuru ready to catch up with Bengaluru’s real estate boom?

Hindustan Times  

Mysuru has long been known as a pensioner’s paradise, thanks to its peaceful environment, pleasant climate, and lower cost of living compared to Bengaluru. Mysuru's real estate market is now attracting young professionals, investors, and businesses, transforming it into more than a retirement destination, say real estate experts. Experts say that Mysuru's real estate market is now attracting young professionals, …

Bengaluru sees increase in rental inventory, resulting in 5% rent correction; IT hubs witness price surge
3 weeks, 3 days ago

Bengaluru sees increase in rental inventory, resulting in 5% rent correction; IT hubs witness price surge

Hindustan Times  

Bengaluru's rental market has rebounded significantly four years after the pandemic. Real estate experts also note that rents in the outskirts of Whitefield's eastern IT corridor and North Bengaluru have surged, driven by high demand from tech professionals seeking these areas. Rents correct in Bengaluru's prime areas Kiran Kumar, vice president of Hanu Reddy Realty, said a 2BHK is available …

Bengaluru real estate: 1BHKs in Bengaluru in high demand due to soaring rentals and high returns on investment
1 month, 1 week ago

Bengaluru real estate: 1BHKs in Bengaluru in high demand due to soaring rentals and high returns on investment

Hindustan Times  

About two months ago, Srinivas Gowda relocated to Bengaluru’s prime HSR Layout to be closer to his workplace. Demand for 1BHK apartments in Bengaluru's city centre and IT corridors remains strong, particularly among students and young professionals relocating for job opportunities. In Bengaluru, 1BHK apartments typically offer more than 5% rental yield, whereas 2BHK units generate around 3-4%, making them …

Bengaluru’s ₹1,700 crore white-topping project aims for international-standard roads: DK Shivakumar
1 month, 1 week ago

Bengaluru’s ₹1,700 crore white-topping project aims for international-standard roads: DK Shivakumar

Hindustan Times  

Karnataka Deputy Chief Minister DK Shivakumar announced on Sunday that the state government is investing ₹1,700 crore in white-topping roads across Bengaluru, aiming to bring them up to international standards. Shivakumar, who also oversees Bengaluru’s development, inspected ongoing roadworks to assess their quality and progress, news agency PTI reported. Tunnel road project When asked about Union Railway Minister Ashwini Vaishnaw’s …

Karnataka Govt. Secures ₹10.27 Lakh Cr Investments at Global Meet
Trending News
1 month, 1 week ago

Karnataka Govt. Secures ₹10.27 Lakh Cr Investments at Global Meet

Deccan Chronicle  

Bengaluru: A total of Rs 10.27 lakh crore investments has been committed by investors including both within and from foreign countries to Karnataka in the four-day Invest Karnataka-2025, a global investors meet in Bengaluru city organized at Bangalore Palace Grounds. Among the investments drawn by various sectors, Patil said, renewable energy sector got a major share in investments at the …

Karnataka will invest ₹1 lakh crore to ease Bengaluru traffic: DK Shivakumar
1 month, 2 weeks ago

Karnataka will invest ₹1 lakh crore to ease Bengaluru traffic: DK Shivakumar

Hindustan Times  

In an effort to tackle Bengaluru’s worsening traffic congestion, the Karnataka government plans to invest ₹1 lakh crore, Deputy Chief Minister D.K. The proposed initiatives reportedly include a 40-km twin tunnel, estimated to cost ₹42,500 crore, and a 41-km double-decker corridor that integrates both road and Metro rail, with an investment of ₹18,000 crore. Other planned projects include a ₹500-crore …

Bengaluru real estate: Tiny flats and partitioned 1BHKs renting for over ₹20,000 per month in the IT capital
1 month, 2 weeks ago

Bengaluru real estate: Tiny flats and partitioned 1BHKs renting for over ₹20,000 per month in the IT capital

Hindustan Times  

When Swagata Bhar began her house-hunting journey in Bengaluru, she was taken aback by the small sizes of most 1BHKs, often less than 350 sq feet. One even lacked a bathroom—the owner just pointed to one on the terrace," Bhar recalled Bengaluru Rentals: With limited space and rising demand, landlords are capitalizing on every inch of space, converting garages and …

Bengaluru Metro fares surge, revenue gets 'booster dose' but ridership drops
1 month, 2 weeks ago

Bengaluru Metro fares surge, revenue gets 'booster dose' but ridership drops

India Today  

The recent 47 per cent increase in Bengaluru Metro fares from February 9 has provided a much-needed financial boost to BMRCL, but at the cost of declining ridership. Before the fare revision, Bengaluru Metro generated around Rs 2 crore daily from operations. With annual losses ranging between Rs 400-500 crore due to high operational costs, Bengaluru Metro has been in …

As students and working professionals seek options, we answer: How much does it cost to rent a 1BHK in Bengaluru?
1 month, 2 weeks ago

As students and working professionals seek options, we answer: How much does it cost to rent a 1BHK in Bengaluru?

Live Mint  

As students and young working professionals flock to Bengaluru's booming IT hub for opportunities, the 1BHK house has seen rising demand, according to a Hindustan Times report. The report added that, given that the influx of new renters is students and young workers, they are usually on a budget of ₹20,000-30,000 per month and cannot afford 2BHKs that command at …

Bengaluru real estate: Here's what you should know if you are planning to buy a residential plot in the IT city
2 months ago

Bengaluru real estate: Here's what you should know if you are planning to buy a residential plot in the IT city

Hindustan Times  

Rajesh Joshi works in the hospitality sector and has been looking to purchase a residential plot in Bengaluru. He has found several plotted development projects in north Bengaluru spread across 1350 sq ft for about ₹50 lakh. Investment options in Bengaluru According to real estate experts, plotted development prices have appreciated in places in north Bengaluru like Devanahalli, Hennur, Bagalur, …

Bengaluru rentals: Are highly paid techies pushing up rents in the IT capital?
2 months ago

Bengaluru rentals: Are highly paid techies pushing up rents in the IT capital?

Hindustan Times  

Highly paid techies in Bengaluru have given landlords an opportunity to ask for ‘insane amounts’ as rent. Bengaluru rentals: Real estate brokers say that one reason for rising rentals in the IT corridors is lack of affordable housing options close to the workplace. There are limited rental options that are available in the market, and that is what is pushing …

Bengaluru landlords exploiting young techies with high-paying jobs? Reddit user claims
2 months ago

Bengaluru landlords exploiting young techies with high-paying jobs? Reddit user claims

Hindustan Times  

Bengaluru has seen a sharp rise in rent prices, making it one of the most expensive cities in India to live in. According to the person, the problem arises when the techies pay “insane rent like 50K, 60K, or even 70K a month” because they can afford it and don’t want to try to find something cheaper. So, when regular …

Bengaluru real estate: Netizens discuss case of ₹40,000 rent for a 1BHK in the IT capital
2 months ago

Bengaluru real estate: Netizens discuss case of ₹40,000 rent for a 1BHK in the IT capital

Hindustan Times  

In another social media discussion on Bengaluru’s rental housing market, a Reddit post revealed that a landlord is charging ₹40,000 per month and ₹4.8 lakh as a security deposit from a prospective tenant, sparking a debate on how rentals in the city have shot through the roof. In another social media discussion on Bengaluru’s rental housing market, a Reddit post …

Bengaluru real estate: Here’s why demand for villas in the IT capital is rising
Trending News
2 months ago

Bengaluru real estate: Here’s why demand for villas in the IT capital is rising

Hindustan Times  

Sudarshan Kapoor has been working in Bengaluru's IT sector for the last four years. Bengaluru real estate market has seen several launches of villa projects in the outskirts of Whitefield in the ₹ 2-5 crore price range. However, local brokers say the demand for villas has increased, and several developers are now launching villas in the luxury segment priced between …

Bengaluru real estate: Here's what makes the city the top choice for renting or buying an apartment for women
2 months, 1 week ago

Bengaluru real estate: Here's what makes the city the top choice for renting or buying an apartment for women

Hindustan Times  

Janvi Sunil moved to Bengaluru six months ago to take on a new job as a marketing specialist. Avtar's recent report, Top Cities for Women in India 2024, has said that Bengaluru is the safest city in the country for working women. It said that the city is the most inclusive, safe, resilient, and sustainable city for working women, excelling …

Bengaluru real estate market: Is renting a flat in the IT city for less than ₹20,000 per month possible?
2 months, 2 weeks ago

Bengaluru real estate market: Is renting a flat in the IT city for less than ₹20,000 per month possible?

Hindustan Times  

Despite rents in Bengaluru having shot through the roof, particularly in prime residential areas like Indiranagar and Koramangala, there are a few pockets where one can rent smaller housing units such as 1BHKs and studio apartments for less than ₹20,000 per month. Despite rents in Bengaluru having shot through the roof, particularly in prime residential areas like Indiranagar and Koramangala, …

Bengaluru metro fares set to rise by 40-45% after 8 years, maximum fare to touch ₹85: Report
Trending News
2 months, 3 weeks ago

Bengaluru metro fares set to rise by 40-45% after 8 years, maximum fare to touch ₹85: Report

Hindustan Times  

Bengaluru's Namma Metro commuters are set to face a significant fare hike for the first time in nearly eight years, with ticket prices expected to rise by 40-45 per cent. The last fare revision in 2017 saw a modest 10-15 per cent increase when the metro network spanned just 43.2 km. This decision follows recommendations from a government-appointed fare fixation …

Bengaluru leads office space absorption with over 14 million sq ft, up by 66% YoY in 2024
2 months, 3 weeks ago

Bengaluru leads office space absorption with over 14 million sq ft, up by 66% YoY in 2024

Hindustan Times  

Bengaluru has led the office space absorption across the top seven cities with 14.74 million sq ft of leasing, up by 66% from 9.01 msf in 2023, according to a JLL report on January 3. Bengaluru has led the office space absorption across the top seven cities with 14.74 million sq ft of leasing, up by 66% from 9.01 msf …

Year-ender 2024: Top luxury housing deals in Bengaluru that had the IT city going the Mumbai way
3 months ago

Year-ender 2024: Top luxury housing deals in Bengaluru that had the IT city going the Mumbai way

Hindustan Times  

While Mumbai has long witnessed ultra-luxury real estate transactions, some worth as high as ₹100 crore, Bengaluru is fast catching up with demand for upscale residential properties. While Mumbai has long witnessed ultra-luxury real estate transactions, some worth as high as ₹ 100 crore, Bengaluru is fast catching up with demand for upscale residential properties. Top residential deals in Bengaluru …

Bengaluru real estate market to drive office space leasing with over 21 million sq ft absorption in 2024; highest ever
Trending News
3 months ago

Bengaluru real estate market to drive office space leasing with over 21 million sq ft absorption in 2024; highest ever

Hindustan Times  

Bengaluru will lead office space leasing across the top cities with its highest ever of 21.7 million sq ft, up by 40% annually IN 2024, according to a December 24 report by real estate consultant Colliers. Bengaluru will lead office space leasing across the top cities with its highest ever of 21.7 million sq ft, up by 40% annually IN …

Bengaluru real estate: Landlords start compromising on rents as city sees new supply, more rental options
3 months ago

Bengaluru real estate: Landlords start compromising on rents as city sees new supply, more rental options

Hindustan Times  

With more inventory available for rent in the Bengaluru real estate market's residential segment, landlords have started reducing rents by 5% to 10% in city centres. Bengaluru sees new housing supply Bengaluru recorded 16,537 home launches in April-June, accounting for 21% of the total residential launches across top cities. Bengaluru recorded a 7% rise in new launches yearly despite a …

Year-ender 2024: Bengaluru sees a surge in office demand. A look at 5 mega commercial transactions
3 months ago

Year-ender 2024: Bengaluru sees a surge in office demand. A look at 5 mega commercial transactions

Hindustan Times  

Bengaluru was one of India's leaders in commercial real estate transactions in 2024, with notable activity in office space, flex office space, and retail leasing. 2) JP Morgan Services India Private Limited leased 5.6 lakh square feet of office space in Bengaluru's Embassy TechVillage for over seven years at a starting monthly rent of ₹4.47 crore. 3) For a monthly …

Bengaluru auto rickshaw fares may rise as unions demand revision, RTA meeting soon: Report
3 months, 1 week ago

Bengaluru auto rickshaw fares may rise as unions demand revision, RTA meeting soon: Report

Hindustan Times  

Auto-rickshaw fares in Bengaluru could soon go up, as the Regional Transport Authority is set to meet with auto unions on December 23 to discuss a fare revision. The last fare adjustment was made in December 2021 According to a Moneycontrol report, drivers are pushing for an increase in the minimum fare from ₹30 to ₹40 for the first two …

Bengaluru real estate market: Areas where you can rent an apartment for less than ₹30,000 per month
3 months, 2 weeks ago

Bengaluru real estate market: Areas where you can rent an apartment for less than ₹30,000 per month

Hindustan Times  

Bengaluru’s rentals may have hit the roof, but there are still a few areas in the city where one can find apartments for less than ₹30,000 a month. Outskirts of JP Nagar Local brokers say that several apartments, such as Phase 6 or Putennnahalli, are available for under ₹30,000 monthly on the outskirts of JP Nagar. While local brokers say …

Bengaluru rider claims he earns Rs 80,000 monthly, Paytm CEO reacts to viral video
3 months, 2 weeks ago

Bengaluru rider claims he earns Rs 80,000 monthly, Paytm CEO reacts to viral video

India Today  

A video of a Bengaluru-based bike rider has gone viral on social media after he claimed that he earns Rs 85,000 - Rs 80,000 a month using ride-hailing services online. The video shows a conversation between the driver and an individual, who responds, “Itna toh him nahi kamate, bhaiya.” Now, Paytm founder Vijay Shekhar Sharma has shared the video and …

Average Apartment Sale Price In India Hits Rs 1.64 Crore In 2024: Report
3 months, 3 weeks ago

Average Apartment Sale Price In India Hits Rs 1.64 Crore In 2024: Report

ABP News  

India saw the sale of 2.3 lakh homes valued at Rs 3.8 trillion in the first nine months of 2024, with an average sale price of Rs 1.64 crore per apartment, driven mainly by premium projects, particularly in Delhi NCR, according to global real estate consultancy firm JLL. “With capital values surging and being at an all-time high, close to …

India’s office rentals see 3.6% growth; Pune, Chennai, Bengaluru top performers
3 months, 3 weeks ago

India’s office rentals see 3.6% growth; Pune, Chennai, Bengaluru top performers

The Hindu  

The average effective rentals across major cities in India have grown by 3.6% on a five-year compound annual growth rate, according to what is being said to be India’s first commercial property rental index by the Indian Institute of Management Bangalore, in collaboration with CRE Matrix. ‘Invest in commercial property for higher returns’ This index, backed by over a decade …

Peak Bengaluru moment: Techie landlord turns advisor for his tenant's startup. Viral post
4 months ago

Peak Bengaluru moment: Techie landlord turns advisor for his tenant's startup. Viral post

Hindustan Times  

We’ve come across numerous stories of exchanges between friendly landlords and tenants in India’s metros. An entrepreneur in Bengaluru took to social media to reveal that his landlord is now also playing the role of an advisor for his startup, perfectly capturing a 'Peak Bengaluru' moment in India’s startup capital. Vetri Venthan took to X, saying that his landlord loved …

Bengaluru Residential Market Heats Up: Q2FY25 Sales Cross Rs 15,739 Cr
4 months, 1 week ago

Bengaluru Residential Market Heats Up: Q2FY25 Sales Cross Rs 15,739 Cr

The Hindu  

The Bengaluru residential market grew remarkably in the second quarter of fiscal year 2024–25. Bengaluru Residential Market Trends: Area & Budget Wise As an additional point of interest, the research notes the fact that during the quarter spanning July to September, around 86% of all real estate transactions were concentrated in the price category of less than one crore. Views …

Inside Bengaluru’s ‘Billionaire Street’: Here’s why it’s the city’s costliest and a magnet for business titans
4 months, 2 weeks ago

Inside Bengaluru’s ‘Billionaire Street’: Here’s why it’s the city’s costliest and a magnet for business titans

Live Mint  

Koramangala 3rd Block, known as ‘Billionaire Street,’ has emerged as one of Bengaluru’s most prestigious addresses. One of the standout deals in Bengaluru’s real estate history took place here when Quess Corp MD Ajit Isaac acquired a 10,000-square-foot plot for ₹67.5 crore, setting a new benchmark in the area. Market Dynamics and Pricing Trends Data from Housing.com shows an upward …

Bengaluru landlord demands ₹5 lakh deposit for flat with ₹40,000 rent. ‘Insane,’ says internet
4 months, 2 weeks ago

Bengaluru landlord demands ₹5 lakh deposit for flat with ₹40,000 rent. ‘Insane,’ says internet

Hindustan Times  

In the latest chapter of 'Bengaluru Rent Woes,' a woman claims she was asked to pay ₹5 lakh as security deposit on a ₹40,000 per month apartment. Harnidh Kaur took to social media to share her renting woes and her post has grabbed eyeballs on X, where many said that rent prices in Bengaluru are “out of control". A woman …

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