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Bengaluru is where most NRIs want to purchase property, finds survey

Bengaluru is the top choice for non-resident Indians (NRIs) looking to buy property in India, according to a survey by proptech unicorn NoBroker. Of the 12,000 NRIs surveyed, 29% expressed interest in buying property in Bengaluru, while 24% were looking at Mumbai and 18% in Hyderabad. NRIs feel more secure in their home country and …

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Bengaluru project with 35 apartments rents out in 48 hours on high demand

Rents have been on the rise, sometimes over a few hours, in the nation’s IT capital amid a shortage of apartments. Rents in most prime locations in the city including MG Road, Koramangala, Whitefield and Indiranagar have become unaffordable, jumping by 40-50 percent. Tenants snapped up all 35 apartments in a newly completed project in …

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