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RENTAL SHORTAGES
Mumbai man paying Rs 90,000 rent says he still struggles with water shortage in high-rise societyMumbai residents paying a hefty Rs 90,000 monthly rent in a high-rise society are grappling with severe water shortages. Despite the exorbi...- AI-driven data centre demand far outstrips supply despite record hyperscaler spending: JefferiesGlobal demand for data centres continues to significantly outpace available supply, creating a structural shortage that is expected to pers...
- Worker shortage clogs up piped gas adoption; 2030 goal seems doubtfulAccording to industry players, the workforce required to install PNG connections does not exist at the scale needed. The shortage has inten...
- ‘Engineers hope for a salary hike at 2 am’: Bengaluru techie’s sarcastic analysis on top 5 high-paying jobs is a reality check on current job marketHigh-paying careers are not always what they seem. A Bengaluru techie highlighted five surprising ways to earn big in India. PG owners, cig...
- The man who predicted the last crash says something much worse is coming — are you prepared?America’s $38.9 trillion national debt is now reshaping how millions think about money, retirement and survival. Robert Kiyosaki says the U...
- $10 Million bash? Did Taylor Swift set a cap on the budget of the lavish Bachelor party plan for Travis Kelce?Taylor Swift has reportedly set a $10 million budget for Travis Kelce's bachelor party, with plans for private jets and villa rentals in th...
- India's hospitality sector enters a 'golden cycle' as luxury demand outpaces supply: NomuraIndia's hotel industry is entering a strong growth phase. Average daily rates are rising, and investment returns are attractive. Demand is ...
- ‘It’s not a luxury, it’s a necessity’: Bengaluru woman as she books hotel room for AC to survive the ongoing heatwaveFacing sold-out AC stocks and a relentless heatwave, a Bengaluru woman, Priya Pal, took the unusual step of booking a local hotel room just...
- Six yrs later, migrant workers still trapped in a cycle of exploitationMigrant workers are again facing hardship. Protests erupt over low wages and poor conditions. Government policies lag behind rising costs. ...
- Switzerland plans stricter rules for real estate purchases by foreignersSwitzerland plans to restrict foreign property purchases. New rules will require permits for non-EU/EFTA citizens buying main residences. T...
- New payment law shocks retailers: No more surcharges or turning away shoppers at checkoutNew York has started a new law to protect people who pay with cash. The rule comes during a penny shortage and changes how stores round pri...
- Rising rents, tight grade: A supply shortage reshapes HSR Layout’s startup corridor in BengaluruHSR Layout in Bengaluru is emerging as a prime commercial hub, attracting startups with its relative affordability and ample space, despite...
- Canada's surging cost of living fuels reverse immigrationRising living costs and housing shortages in Canada have prompted an increase in emigration, with over 42,000 leaving in the first half of ...
- Model Tenancy Act to help improve Indian rental market’s return metricsAccording to ratings agency ICRA, with such measures, the successful roll-out of the MTA is expected to have a positive impact on market fu...
- Office rentals rise on higher space demand across top marketsIn some of the key markets, this demand-supply gap, which existed over the last few years, isn’t there any more because of faster take up o...
- Government plans policy to promote rental housing in urban areasHe said that the draft policy has been shared with the states and other stakeholders, and consultations are going on for finalizing the sam...
- Govt to promote rental housing scheme as a viable option: NaiduHe pointed out that while there is a housing shortage of about 190 lakh units in urban areas of the country, about 110 lakh houses are lyin...
- Government plans tax benefits for house owners, tenantsThe report also mentions that the Income Tax Act provides exemption of tax deduction for house rent allowance (HRA) for an employee, which ...
- 10.2 million houses in urban India lying vacant: CBREPrimary reason for this supply-demand mismatch is the paucity of formal housing options low-income population with low affordability levels...
- Retail boom fights soaring rentals, space shortageIn the glitzy, glass and steel malls that dot Indian cities or are being built, square foot prices have almost tripled in three years. Week...
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