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Bengaluru’s rental market: Will zero deposit rentals provide an antidote to tenants’ woes?

Bengaluru’s rental market: Will zero deposit rentals provide an antidote to tenants’ woes?

The return-to-office mandate has prompted a significant migration of people back to their work cities, consequently driving up the demand for rental properties. This has led to rentals in cities, especially in Bengaluru, hitting the roof. The IT city itself has witnessed rents increasing by almost 30% and this has meant prospective tenants shell out almost 7 to 10 months of rent as security deposit to...

5 things you need to know about India’s ghost shopping malls and the challenges faced in repurposing them

5 things you need to know about India’s ghost shopping malls and the challenges faced in repurposing them

While there has been an increase in the number of Grade A malls across the country, there has also been a 59% year-on-year rise in low performing shopping malls with approximately 13.3 million square feet of retail space categorized as 'ghost shopping centers'. Here’s a look at why Indian shoppers are deserting Grade C malls and the use to which some of these assets are being put to in order to...

Housing societies are new political battlegrounds | Mumbai news

Housing societies are new political battlegrounds | Mumbai news

Mumbai: Housing societies in Mumbai and suburbs are fertile grounds for candidates rallying to make an impression. The increasing number of gated communities are self-contained cocoons with exclusive amenities and security – they are aspirational to the outsider, but it takes a nudge to expose what lies within, as was evident recently in a Ghatkopar housing society where polarisation between two...