While rents in India’s Silicon Valley have surged over 25 per cent since 2020, salaries have barely kept pace, posing growing concerns about Bengaluru’s affordability | Photo Credit: SUDHAKARA JAIN Thirty-two-year-old Alisha, who works in the oil and gas sector and arrived in Bengaluru a decade ago, is reeling from rent shocks. While her salary…
Leasing of office space in green-certified buildings rose 20 per cent in 2024 to 492 lakh sq ft across six major cities as corporates are focusing more on sustainability, according to a report by Credai and Colliers. Realtors’ apex body Credai and real estate consultant Colliers India on Friday released a report ‘Sustainability in Real…
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Blackstone President and COO Jon Gray joins ‘Squawk Box’ to discuss the company’s quarterly earnings results, impact of President Trump’s tariff policy, state of the real estate market, the Fed’s inflation fight, President Trump’s criticism of Fed Chair Powell, and more.
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email McMansions first appeared in American suburbs in the 1980s but have continued to grow larger and more eclectic as Americans seek bigger homes filled with amenities. These types of homes are often known to have been built with cheap materials and a…
Ashish Puravankara, Managing Director, Puravankara Bengaluru-based realty developer Puravankara has reported an increase in customer collections by 9 per cent year-on-year to ₹3,937 crore in FY25, compared to ₹3,609 crore in FY24. Collections for Q4FY25 stood at ₹946 crore, according to its operational update. The pre-sales for Q4FY25 stood at ₹1,282 crore, bringing the total…
“For Sale” and “Sale Pending” signs in the West Seattle neighborhood of Seattle, Washington, US, on Tuesday, June 18, 2024. David Ryder | Bloomberg | Getty Images Mortgage rates jumped to the highest level since February last week, dampening overall demand and sending homebuyers in search of riskier loans with lower rates. Total mortgage application…
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Jian Chang, chief China economist of Barclays, discusses the better-than-expected Q1 GDP data from China and says she has been less bearish on U.S.-China relations and China’s trade prospects with the rest of the world since November 2024.
Chennai witnessed its highest leasing activity -the largest in the last five quarters- in Q1 2025 at 2.9 million sq ft, as per a new real estate consulting report. Of this, about 60 per cent came from the Pallavaram-Thoraipakkam (PTR) zone and Old Mahabalipuram Road (OMR) Zone 2 micro markets. Flex space leasing, at 0.3…
Abhinandan Lodha (left) and Abhishek Lodha (Right) The Lodha brothers — Abhishek Lodha and Abhinandan Lodha — have resolved their trademark dispute, with it being agreed that Macrotech Developers will have the exclusive right to use the ‘Lodha’ brand name as well as ‘Lodha Group.’ Abhinandan Lodha will have the exclusive right to use the…
Representative image | Photo Credit: Subajayanthi Wilson 2507@Chennai Arnya RealEstates Fund Advisors will invest ₹130 crore in realty firm Casagrand’s forthcoming residential project in South Bengaluru. This is the second investment of the company, following the first investment in October 2024 for a project in Navi Mumbai. It did not give any details about the…
