The Sky Group

Young techies are being exploited in Bengaluru, alleges Reddit user

A Reddit user highlighted Bengaluru’s rising rents, attributing the increase to high-earning tech professionals. While techies earning Rs 1.5–2.5 lakh monthly can manage these costs, those with average incomes struggle. The user noted that young engineers moving to the city for jobs often lack street smarts, leading them to accept high rents without negotiation.

Money laundering probe: ED to shoot off notices to uncover realty of Dubai

Many Indian high net worth families have been swept up in the frenzy of the Dubai realty market where developers threw in lucrative offers like insignificant down payments with the balance to be paid out over a period of time. In the process many, and some unwittingly, have breached the foreign exchange currency regulations.

Buying a home? MahaRERA wants you to check THESE details before signing the agreement!

Of late, there have been several complaints against developers before MahaRERA on how builders are registering upper-floor flats without a valid Commencement Certificate. Complaints have also been received by the regulator about builders allegedly refusing to sign sale agreements despite receiving over 10% of the total deal cost from homebuyers.