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Souptik Datta

Souptik Datta, from Kolkata, is a part of the HT Digital real estate team. He reports on real estate, infrastructure and environmental issues in southern India. While not reporting, he loves to solo travel and shoot documentaries.

Articles by Souptik Datta

Primus Senior Living to invest 2200 crore to develop projects in six cities

Primus Senior Living to build senior living projects in Bengaluru, Kolkata, Pune, Mumbai, Hyderabad and Chennai priced between ₹60 lakh and ₹3 crore

Real estate company Primus Senior Living plans to invest over <span class='webrupee'>₹</span>2200 crore to build 5 million sq ft of senior living homes in India within five years, Adarsh Narahari, founder and MD, Primus Senior Living told HT.com.
(Representational photo)(Pixabay)
Published on Feb 17, 2025 09:49 AM IST

Tiny flats and partitioned 1BHKs renting for over 20,000 per month in Bengaluru

Bengaluru Rentals: With limited space and rising demand, landlords are capitalizing on every inch of space, converting garages and storage sheds into 1RK units

Bengaluru Rentals: With limited space and rising demand, landlords are capitalizing on every inch of space, converting garages and storage sheds into 1RK units (Representational Image)(Pixabay)
Published on Feb 12, 2025 12:15 PM IST

Aero India 2025: Bengaluru hotel prices up by 20%, occupancy touches 95%

Many hotels in north Bengaluru and the Central Business District are already fully booked for the Aero India show between February 10 and February 14

Many hotels in north Bengaluru and the Central Business District are already fully booked for the Aero India show between February 10 and February 14. (Picture for representational purposes only)(Pixabay)
Updated on Feb 10, 2025 04:17 PM IST

Bengaluru: 1BHK apartments back in demand among students and young professionals

A decade ago, 1BHKs were rare in Bengaluru, with few large units available. Today, rising demand and limited options have pushed rentals to ₹30,000 per month

Despite rents in Bengaluru touching the roof, especially in areas close to the city centre, there is enough demand among students and young professionals relocating to the city for new jobs. (Picture for representational purposes only)(Pixabay)
Published on Feb 08, 2025 01:25 PM IST

Are deposit-free rentals a potential solution to Bengaluru's tenant struggles?

Bengaluru real estate market: Deposit-free rental schemes are emerging as a possible solution for tenants trying to navigate the city's costly housing market

Bengaluru rentals: A few experts believe that a deposit-free rental scheme can potentially resolve issues faced by tenants struggling to pay hefty security deposits. (Representational Image)(Unsplash)
Published on Feb 07, 2025 07:38 PM IST

Bengaluru: What can tenants do if landlords do not refund the security deposit?

Lawyers suggest sending a legal notice to the landlord to refund the deposit. However, the rent agreement must be registered with the sub-registrar's office

As rents in Bengaluru continue to soar, landlords are demanding security deposits of six to nine months' rent, often exceeding <span class='webrupee'>₹</span>3 lakh. However, many tenants face challenges when landlords refuse to refund the deposit or impose hefty deductions at the end of the lease. (Representational Photo)(Unsplash)
Published on Feb 06, 2025 08:55 AM IST
BySouptik Datta

Prestige Group expanding mall portfolio with new properties in Mumbai, Delhi-NCR

Prestige Group is constructing a 2 lakh sq ft mall in Mumbai's Mulund and is awaiting RERA approvals for its mall in Delhi-NCR's Indirapuram. 

Bengaluru-based listed real estate developer Prestige Group has 8 million sq ft of malls under construction in Mumbai, Delhi-NCR, Bengaluru, Chennai and Hyderabad, Muhammed Ali, CEO of Prestige Group said. (Picture for representational purposes only)(Pixabay)
Published on Feb 05, 2025 01:33 PM IST
BySouptik Datta

Bengaluru office rents may rise by 5-7% in 2025 driven by IT, AI Research demand

Driven by demand from IT sector and AI-driven research, Bengaluru’s office rentals may rise by 5-7% in 2025, said Manish Khedia MD of The Executive Centre.

Driven by demand from the IT sector and AI-driven research labs, Bengaluru’s office rentals are expected to rise by 5-7% in 2025, said Manish Khedia, Managing Director of flexible workspace provider, The Executive Centre. (The Executive Centre in Mumbai)(The Executive Centre)
Published on Feb 05, 2025 10:02 AM IST
BySouptik Datta

Karnataka's Greater Bengaluru Suburban Project to drive real estate growth

Real estate experts say the project could unlock opportunities for new townships on Bengaluru’s outskirts while keeping land affordable

The Karnataka state government on January 30 approved the Greater Bengaluru Integrated Suburban Project, an initiative to develop Devanahalli, Nelamangala, Hoskote, Doddaballapur, Magadi, and Bidadi as satellite townships around Bengaluru. (Representational Image)(Unsplash)
Updated on Feb 03, 2025 11:13 AM IST
BySouptik Datta

KRERA orders real estate developer to compensate buyers for delayed possession

Karnataka RERA holds Bengaluru-based real estate developer liable for delayed possession; orders developer to pay ₹12.7 lakh in compensation to buyers

Karnataka Real Estate Regulatory Authority (KRERA) has ordered Bengaluru-based listed real estate developer Shriram Properties to pay <span class='webrupee'>₹</span>12.7 lakh in delayed compensation after the developer failed to inform the authority and the buyer about the ongoing project litigation at the time of registration. (Picture for representational purposes only)(Pixabay)
Updated on Jan 30, 2025 12:27 PM IST
BySouptik Datta

Bengaluru hotel prices up by almost 30% ahead of Aero India 2025

Hotel tariffs across Bengaluru are gradually inching up due to the Aero India 2025 and Invest Karnataka 2025 events scheduled for next month

Booking a hotel room in Bengaluru in February is set to get expensive as the IT capital prepares to host the Aero India 2025 and Invest Karnataka 2025 next month. (Representational photo)(Pixabay)
Published on Jan 29, 2025 08:58 AM IST
BySouptik Datta

Here's what you should know if you are planning to buy a plot in Bengaluru

Buyers wanting to invest in plots in Bengaluru should consider the location, the type of developer selling the land, and the amenities the project offers

Buyers wanting to invest in plots in Bengaluru should consider the location, the type of developer selling the land, and the amenities the project offers. (Representational Image)(Unsplash)
Published on Jan 28, 2025 01:21 PM IST
BySouptik Datta

Founders in Bengaluru say apartment hunting is harder than forming a startup

Bootstrapped startup founders in Bengaluru say renting a property in prime areas like Koramangala and Indiranagar is more challenging than launching a startup

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)
Published on Jan 27, 2025 08:42 AM IST
BySouptik Datta

Here’s what makes Indiranagar one of the most sought-after areas in Bengaluru

Bengaluru’s Indiranagar boasts of luxury bungalows and high-end housing units. The area is known for its trendy cafes, boutiques, and shopping centres

Bengaluru’s Indiranagar boasts luxurious bungalows and high-end housing units. The area is known for its trendy cafes, boutiques, and shopping centres. (Picture for representational purposes only)(Pexels)
Published on Jan 25, 2025 12:47 PM IST
BySouptik Datta

Here's why south Indian cities dominate demand for senior living housing

South Indian cities attract homebuyers from all parts of the country for affordable senior living housing options priced between ₹60 lakh to ₹1 crore

South Indian cities attract buyers from all parts of the country for affordable senior living housing options priced between <span class='webrupee'>₹</span>60 lakh to <span class='webrupee'>₹</span>1 crore. (Photo for representational purposes only)(Pexels)
Published on Jan 23, 2025 03:15 PM IST
BySouptik Datta

Netizens discuss case of 40,000 rent for a 1BHK in Bengaluru

While HSR Layout and Koramangala remain upscale neighbourhoods in the city, Redditors discuss if rents in Bengaluru are fast catching up with that of Mumbai

In another social media discussion on Bengaluru’s rental housing market, a Reddit post revealed that a landlord is charging <span class='webrupee'>₹</span>40,000 per month from a prospective tenant, sparking a debate on how rentals in the city have shot through the roof. (Picture for representational purposes only)(Pixabay)
Published on Jan 23, 2025 08:32 AM IST
BySouptik Datta

Bengaluru real estate: Here’s why demand for villas in the IT capital is rising

Demand for villas has increased in Bengaluru, with several developers launching affordable projects in outskirts of Whitefield in the ₹2-5 crore price range

Bengaluru real estate market has seen several launches of villa projects in the outskirts of Whitefield in the <span class='webrupee'>₹</span>2-5 crore price range. (Representational Image)(Unsplash)
Updated on Jan 22, 2025 10:01 AM IST
BySouptik Datta

Here’s why US-based NRIs prefer to invest in North Bengaluru

Most US-based NRIs prefer to invest in gated housing complexes in Bengaluru. Almost 20% to 25% prefer to buy luxury villas, say real estate experts

Of all the NRI transactions in Bengaluru’s real estate market, US-based NRIs comprise a major share, real estate experts point out. A strong dollar increases their purchasing power back home. (Representational Photo)(Unsplash)
Published on Jan 21, 2025 06:38 PM IST
BySouptik Datta

Karnataka buyers await 667 crore refund from developers for delayed projects

KRERA has said that it could only recover around ₹92 crore out of the total of ₹667 crore that real estate developers owe buyers across almost 1400 cases

Karnataka real estate developers owe homebuyers around <span class='webrupee'>₹</span>667 crore as refund for delays in delivery of apartments as of December 31, 2024, a Karnataka Real Estate Regulatory Authority (KRERA) document accessed by HT.com shows. (Representational Photo)(File Photo)
Published on Jan 20, 2025 08:55 AM IST
BySouptik Datta

Sanofi Healthcare leases office space in Hyderabad for a monthly rent of 2 cr

Pharmaceutical giant Sanofi Healthcare has leased 2.7 lakh sq ft in Hyderabad's Hitech City for over ₹2 crore monthly for a period of five years

Pharmaceutical company Sanofi Healthcare has leased over 2.7 lakh sq ft of office space in Hyderabad's Hitech City for over <span class='webrupee'>₹</span>2.05 crore per month, registration documents accessed by Propstack showed. (Representative photo)(Representational image/Pixabay)
Published on Jan 17, 2025 05:22 PM IST
BySouptik Datta

Bengaluru homeowners who don't have a khata must do this to generate one online

The Bruhat Bengaluru Mahanagara Palike (BBMP) has now introduced a system for issuing e-khatas to bring five lakh properties into the tax bracket

To streamline the property registration process for almost five lakh units, the Bruhat Bengaluru Mahanagara Palike (BBMP) has introduced an online e-khata system. (Image for representational purposes)( BBMP HQ (WIKI COMMONS))
Published on Jan 17, 2025 08:28 AM IST
BySouptik Datta

Bengaluru sees 81% drop in luxury housing sales: CBRE

Bengaluru is the only city that has witnessed a dip in luxury housing sales. There is a drop in launches and a focus on the mid-end and premium segments 

Bengaluru is the only city that has witnessed a dip in luxury housing sales. There is a drop in launches and a focus on the mid-end and premium segments (Representational Photo)(Unsplash)
Published on Jan 16, 2025 10:50 AM IST
BySouptik Datta

Here's what makes Bengaluru the top choice for renting an apartment for women

The Top Cities for Women in India (TCWI) 2024, a report by Avtar, ranked Bengaluru as the safest city in the country for working women, surpassing Chennai

Avtar's recent report, Top Cities for Women in India (TCWI) 2024, has said that Bengaluru is the safest city in the country for working women.(Representational Photo)(Unsplash)
Published on Jan 15, 2025 08:49 AM IST
BySouptik Datta

Is renting a flat in Bengaluru for less than 20,000 per month possible?

Despite rents having shot up by 30-40%, areas like Indiranagar and Koramangala have pockets where one can rent an apartment for less than ₹20,000 per month.

Despite rents in Bengaluru having shot through the roof, particularly in prime residential areas like Indiranagar and Koramangala, there are a few pockets where one can rent smaller housing units such as 1BHKs and studio apartments for less than <span class='webrupee'>₹</span>20,000 per month. (Picture for representational purposes only)(Unsplash)
Published on Jan 14, 2025 09:50 AM IST
BySouptik Datta

Buyer approaches police after realtor sells his flat to a new buyer in Bengaluru

A homebuyer in Bengaluru approached the police after he found that his apartment located in Devanahalli area had been resold by the real estate developer

A homebuyer who had invested in a housing project in Bengaluru has approached the city police after the real estate developer Ozone Group allegedly resold his apartment to a new buyer. (Representational Photo)(Unsplash)
Published on Jan 10, 2025 03:39 PM IST
BySouptik Datta

Where can you buy a property for under a crore in Bengaluru?

Despite rising real estate prices in Bengaluru, certain areas still offer affordable housing options for buyers with a budget of under ₹1 crore

In Bengaluru, several small development pockets in the north and outskirts of the eastern IT corridor of Whitefield offer housing options under a crore. (Representational Image)(Pixabay)
Published on Jan 10, 2025 08:27 AM IST
BySouptik Datta

Bengaluru housing sales increase by 2% in 2024, demand for luxury units up

The Knight Frank report said north Bengaluru was the fastest-growing real estate hub with home prices overtaking southern IT corridor of Electronic City

Bengaluru real estate market has seen a 2% increase in housing sales compared to 2023, driven by a surge in luxury housing demand, according to a report by Knight Frank India. (Picture for representational purposes only)(Pixabay)
Published on Jan 08, 2025 02:28 PM IST
BySouptik Datta

Office space transactions cross 71 million sq ft in 2024, Bengaluru and NCR tops

Bengaluru recorded 18.1 million sq ft of office transactions, followed by NCR with 12.7 million sq ft of transactions, according to the Knight Frank report

Office space transactions touched 71.9 million sq ft in 2024, up by 20.1% annually, with Bengaluru and NCR driving the demand, according to a report by Knight Frank. (Representational photo)(Pixabay)
Published on Jan 07, 2025 08:50 PM IST
BySouptik Datta

Housing sales across top eight cities touch 3.5 lakh-mark in 2024: Knight Frank

Mumbai recorded sales of 96,470 units, up by 4% in 2024, and Bengaluru saw a growth of 2% YoY with 55,362 units sold, as per the Knight Frank report

The Knight Frank report said that the total number of sales increased from 329,097 units in 2023 to touch 350,613 units in 2024 across the top eight cities. (Representational Photo)(Unsplash)
Published on Jan 07, 2025 02:37 PM IST
BySouptik Datta

Here's why Kanakapura Road is likely to see real estate appreciation in 2025

Bengaluru Real Estate: Located close to south Bengaluru's IT corridor, Kanakapura Road is a prominent arterial route extending towards the outskirts of the city

Located around 30 minutes from south Bengaluru's IT corridor of Electronic City, Kanakapura Road is a prominent arterial route connecting major localities and extending towards the city's outskirts. (Representational Image)(Unsplash)
Published on Jan 06, 2025 04:38 PM IST
BySouptik Datta
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