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“ The massive surge in rental growth in the period 2021-23 in Mumbai was driven by an increase in redevelopment of societies. Property owners in these societies were compelled to take up temporary accommodation on rent. This increase in demand for rental units led to a demand-supply mismatch in the market forcing rents to shoot up. Demand was higher for premium gated societies,
Sandeep Reddy Vanga
Sandeep Reddy Vanga, 2 years
Mumbai real estate: As redeveloped apartments hit the market, will…

Statements by Sandeep Reddy Vanga

“ Given the parcel size and location, market watchers expect this to be redeveloped into a premium residential project, consistent with ZYJ’s ongoing luxury developments like Sequoia on 16th Road,
Sandeep Reddy Vanga
Sandeep Reddy Vanga, 2 months
Mumbai real estate: Santacruz West bungalow sells for ₹164 crore in a…
“ This transaction on Lavelle Road is one of the most significant real estate deals in Bengaluru this year. The price, which translates to approximately ₹64,150 per square foot, underscores the immense…
Sandeep Reddy Vanga
Sandeep Reddy Vanga, 4 months
Manipal Group Chairman Ranjan Pai’s Esencia Partners buys property in…
“ For example, a Bollywood celeb might not be able to afford a ₹50 crore home, but he can easily rent that same apartment for ₹1 crore annual rent; it is as simple as that,
Sandeep Reddy Vanga
Sandeep Reddy Vanga, 8 months
Why do some Bollywood stars prefer renting over buying homes in…

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