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Grand City Properties S A : Supplement dated 22 May 2024

SUPPLEMENT DATED 22 MAY 2024 TO THE OFFERING CIRCULAR DATED 7 SEPTEMBER 2023 Grand City Properties S.A. .

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rental demand: Rental soars across cities as employees returned to work; Bengaluru tops the list

Post-pandemic rental demand surge drives up rental values across Indian cities, with Bengaluru leading at 4.45% rental yield in Q1 2024, a 24% growth since pre-Covid 2019. Mumbai and Gurugram follow, reflecting 19% and 15% growth respectively. Average rental rates in key areas of top cities see a significant 4-9% rise.

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Rentals Soar in India: Bengaluru tops the chart, Mumbai 2nd - Factors driving the rental yields - Money News

Rentals Soar in India: Bengaluru tops the chart, Mumbai 2nd - Factors driving the rental yields - Money News
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Real estate players gear up for next wave of homebuyers

Rising rental incomes have boosted rental yields, attracting investors to the real estate sector.

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Suhana Khan purchases land in Alibag for Rs 9 50 crore

Earlier, in June 2023, Khan had bought agricultural land measuring 1.5 acres with three structures on it in Alibag of Raigad district for Rs 12.91 crore

Suhana khanVirat kohliRanveer singhNavin agarwalShah rukh khanSalil parekhDeepika padukonePrakash modyAnushka sharmaZoya akhtarGautam singhaniaUnichem labs ltdVedanta resourcesReal estateSuhana khanShahrukh khan

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