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Bengaluru homebuying dilemma: Rs.2.8 lakh monthly income yet Rs.1-1.5 crore apartment feels out of reach

India, Feb. 7 -- As Bengaluru's housing prices continue to climb, many salaried professionals are questioning whether buying a home in the city still makes financial sense. A Reddit post by a 36-year-... Read More


Ishaan Khattar buys luxury apartment in Pali Hill for Rs.29.37 crore

India, Feb. 7 -- Bollywood actor Ishaan Khattar has purchased a luxury apartment in Mumbai's upscale Pali Hill for Rs.29.37 crore, according to property registration documents accessed by CRE Matrix. ... Read More


HC scraps JVPD land auction, flags undervaluation and bidder collusion

India, Feb. 7 -- The Bombay High Court has cancelled the court auction of leasehold rights to a prime 852-sq-metre plot in the JVPD Scheme at Vile Parle after finding that the property was grossly und... Read More


CREDAI plans to undertake reforestation drive across 1 lakh acres over five years

India, Feb. 7 -- Real estate developers' apex body, the Confederation of Real Estate Developers' Associations of India (CREDAI), on February 7, announced plans to undertake a reforestation drive acros... Read More


Reliance MET City launches 'Metropolis,' a mixed-use project in Haryana's Jhajjar

India, Feb. 7 -- Reliance MET City, a wholly owned subsidiary of Reliance Industries Limited, on Feb 7 announced the launch of 100 acres of 'Metropolis by MET City', a 140-acre integrated mixed-use de... Read More


Gurugram: Owner of 32nd Avenue arrested in cheating case

India, Feb. 7 -- Gurugram police on Friday arrested Dhruv Dutt Sharma, the chief executive of the firm behind the 32nd Avenue commercial real estate project, based on a complaint of cheating filed by ... Read More


Fashion brand OVS leases retail space spanning over 11,000 sq ft at Sky City Mall in Borivali, Mumbai

India, Feb. 6 -- Italian fashion brand OVS has leased over 11,000 sq ft of retail space in Sky City Mall at Borivali, Mumbai, for a total rent of around Rs.28 crore for a period of five years, or 10 p... Read More


Is Bengaluru mirroring Bay Area in the US as NRI buyers outbid locals, snapping up luxury homes at full price?

India, Feb. 6 -- A high-value villa resale in Bengaluru's Whitefield has sparked a debate over whether the city's real estate market is mirroring the US' Bay Area, where global capital often outpaces ... Read More


Noida Authority launches new plot schemes: Location, price, plot size and all you need to know

India, Feb. 6 -- The Noida Authority has said that it has come up with multiple plot schemes for group housing, corporate offices, hotels, commercial builder projects and religious sites. Application... Read More


Standard Chartered Bank sells office space in Mumbai's Bandra Kurla Complex for Rs.197 crore

India, Feb. 6 -- Standard Chartered Bank has sold an office unit at Mumbai's Bandra Kurla Complex (BKC) for Rs.197 crore, according to property registration documents accessed by Propstack. The trans... Read More