India Business News: NoBroker co-founder Akhil Gupta, who is also the chief tech & product officer, and his small team of engineers have been trying to improve the product.
Bounce, has announced a new partnership with India's first realty start-up Unicorn - NoBroker.com. With this partnership, Bounce gets access to over 1 lakh Nobroker.com locations across India. This smart solution will be largely available across residential welfare societies (apartments, standalone buildings, gated societies etc.); making it extremely convenient for consumers to access the
Bengaluru, the IT capital of India, has emerged as a focal point for this real estate upswing. Housing rents in the city have experienced a staggering 24 per cent average inflation, with certain areas witnessing an even more remarkable 30 per cent spike.
Real estate leaders seek increased tax slabs, revised affordability caps, and incentives in the upcoming budget. They also advocate for expanding the SWAMIH stress fund and reintroducing GST with an input tax credit, industry status, and perks for first-time homebuyers.
The micro-markets witnessing major traction in Bengaluru are Hebbal, Electronic City, Yelahanka, Marathahalli, Hosur Road, and Sarjapur Road. According to a recent report by Knight Frank India, Bengaluru has been identified as the second-best market in APAC cities to watch out for in 2023 in terms of residential real estate.