January 2025

It has been over a year since Gourab Patra, founder of an ad-tech startup in Bengaluru, moved to HSR Layout in the IT capital. Several bootstrapped startup founders who moved to Bengaluru said buying or renting a home in prime areas like Koramangala, Indiranagar, and HSR Layout is more challenging than building a startup in the IT capital. (Picture for representational purposes only)(Pixabay)...

Jan 25, 2025 09:54 AM IST Shahrukh Khan to receive ₹9 crore refund due to a calculation error in the ownership transfer of his sea-facing home, Mannat, by Mumbai authorities. MUMBAI: Actor Shahrukh Khan is slated to get a refund of ₹ 9 crore from the state following an error in calculation by the Mumbai suburban collectorate while converting the lease on his sea-facing home Mannat to...

Highly paid techies in Bengaluru have given landlords an opportunity to ask for ‘insane amounts’ as rent. This is one of the primary reasons why rents in the city ‘keep going up,’ a Reddit user claimed in a recent post. Real estate brokers, however, say that one reason for rising rentals in the IT corridors is the lack of affordable housing options close to the workplace. Bengaluru...

Emaar India will invest close to ₹1600 crore in its new luxury project, Urban Ascent, in Gurugram and expects a revenue of ₹3400 crore from sales, the company has said. Emaar India has said it will invest close to ₹1600 crore on a luxury project in Gurugram. (Picture for representational purposes only)(Unplash) The projectspread over 9.164 acres, is located at Sector 112 on Dwarka...

Several rental transactions involving Bollywood stars have made news in the last few months, but the duration sets a few deals apart. Many of them have rented flats for just about three to 12 months. Several rental transactions involving Bollywood stars have made news in the last few months, but the duration sets a few deals apart. Many of them have rented flats for just about three to 12...

Retail leasing touched around 8.1 million sq ft in 2024 across eight cities in India, with Bengaluru leading in space absorption, followed by Delhi-NCR and Mumbai, a report by JLL has shown. The JLL report said retail leasing touched around 8.1 million sq ft in 2024 across eight cities in India, with Bengaluru leading in space absorption, followed by Delhi-NCR and Mumbai. (Photo for...

Both former cricketer Rahul Dravid and Bollywood actor Deepika Padukone have a Bengaluru connection. They were raised in Indiranagar, perhaps the most sought-after area in the city. A few years ago, after Rahul Dravid proudly wore the 'Indiranagar ka Gunda' title in a new ad, fellow Bangalorian Deepika Padukone reserved the 'Indiranagar ka Gundi' title for herself. Bengaluru’s Indiranagar...

MUMBAI: The Bombay high court on Thursday dismissed a public interest litigation challenging CIDCO’s decision to alter reservation of plots which were earlier earmarked for public amenities in Nerul, Navi Mumbai. HC refuses to interfere with CIDCO’s plan to change public amenities plot usage Dilip K. Mandal, a social worker, had filed a public interest litigation against CIDCO (City and...

Jan 25, 2025 06:34 AM IST The action came in the wake of complaints by homebuyers regarding misleading information provided by developers in advertisements of apartments and plots The UP Real Estate Regulatory Authority (UP-Rera) imposed a fine of ₹2.66 crore on 91 promoters for violation of norms in marketing and sale of housing projects in the state. The authority has...

Jan 24, 2025 09:40 PM IST The Special Window for Affordable and Mid-Income Housing (SWAMIH) investment fund has achieved a milestone by completing 50,000 homes New Delhi, Jan 24 (PTI) The Special Window for Affordable and Mid-Income Housing (SWAMIH) investment fund has achieved a milestone by completing 50,000 homes. The Special Window for Affordable and Mid-Income Housing...