Browsing Tag
rental income
5 posts
Ajay Devgn Leases Office Space in Mumbai, Set to Earn Over ₹3.3 Crore in 5 Years
Bollywood star Ajay Devgn has leased a premium office space in Mumbai’s Andheri West, set to earn over ₹3.3 crore in five years. The 2,545 sq. ft. unit, rented to Bombay Design Centre, is part of the Signature by Lotus complex. The deal showcases rising investor interest in commercial property and promising rental yields in key Mumbai micro-markets.
Priyanka Chopra’s Family Leases Pune Property for ₹1.49 Crore Over 5 Years
Priyanka Chopra’s mother and brother have rented out their 4,800 sq. ft Koregaon Park property in Pune for ₹2.25 lakh a month. With a five-year lease and 5% annual escalation, the deal totals ₹1.49 crore, reflecting smart real estate investment by the Chopra family.
53% of Affordable Housing Buyers Unhappy with Available Options
According to the ANAROCK-FICCI Homebuyer Sentiment Survey for H1 2024, 53% of affordable housing buyers in India are unhappy with available options, citing issues like poor project location and low construction quality. As demand for larger homes grows, with 51% preferring 3BHK units, interest in affordable housing continues to decline. The survey also shows a significant shift towards premium and luxury homes, indicating changing buyer preferences in the current market.
