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Souptik Datta

Souptik Datta, from Kolkata, is a part of the HT Digital real estate team. He reports on real estate, infrastructure and environmental issues in southern India. While not reporting, he loves to solo travel and shoot documentaries.

Articles by Souptik Datta

Housing sales across top eight cities touch 3.5 lakh-mark in 2024: Knight Frank

Mumbai recorded sales of 96,470 units, up by 4% in 2024, and Bengaluru saw a growth of 2% YoY with 55,362 units sold, as per the Knight Frank report

The Knight Frank report said that the total number of sales increased from 329,097 units in 2023 to touch 350,613 units in 2024 across the top eight cities. (Representational Photo)(Unsplash)
Published on Jan 07, 2025 02:37 PM IST
BySouptik Datta

Here's why Kanakapura Road is likely to see real estate appreciation in 2025

Bengaluru Real Estate: Located close to south Bengaluru's IT corridor, Kanakapura Road is a prominent arterial route extending towards the outskirts of the city

Located around 30 minutes from south Bengaluru's IT corridor of Electronic City, Kanakapura Road is a prominent arterial route connecting major localities and extending towards the city's outskirts. (Representational Image)(Unsplash)
Published on Jan 06, 2025 04:38 PM IST
BySouptik Datta

North Bengaluru, outskirts of Whitefield likely to see rental growth in 2025

Experts say several outskirts of the eastern IT corridor of Whitefield and north Bengaluru are among the top places that may see major rental growth in 2025

Bengaluru rental market: In 2023-24, Bengaluru saw a major surge in residential rentals, increasing rents by more than 20%-30%. (Representational photo)(Unsplash)
Updated on Jan 03, 2025 05:10 PM IST
BySouptik Datta

Smartworks leases 4.7 lakh sq ft office space in Gurugram for 94 crore rent

Smartworks' office space in Gururgram's DLF City's Phase-5 that is leased for six years

Gurugram-based flexible workspace provider Smartworks has leased 4.7 lakh sq ft of commercial space in DLF City in Gurugram for over <span class='webrupee'>₹</span>94 crore of annual rent. (Representational Image)(File Photo)
Published on Jan 02, 2025 04:58 PM IST
BySouptik Datta

Why HSR Layout has seen property prices surge by 30%?

Bengaluru's HSR Layout has evolved as the startup hub of thecity from a sleepy residential layout to a bustling IT corridor

Bengaluru's HSR Layout has evolved as the startup hub of city from a sleepy residential layout to a bustling IT corridor (Representational photo)(Unsplash)
Published on Dec 30, 2024 03:58 PM IST
BySouptik Datta

Facebook renews office lease for 2.8 crore per month in Hyderabad

The Facebook office is located in Hyderabad's Hitech City, one of the prime IT corridors in the city

Facebook has renewed its lease for 3.7 lakh sq ft office space in Hyderabad for <span class='webrupee'>₹</span>2.8 crore monthly rent across two separate transactions (Representational Image)(Abhijit Bhatlekar/ Mint)
Published on Dec 26, 2024 05:02 PM IST
BySouptik Datta

Landlords start compromising on rents as Bengaluru sees new supply

Real estate brokers anticipate a major rental correction in 2025—close to about 5%- 10% across prime areas in the city.

With more inventory available for rent in the Bengaluru real estate market's residential segment, landlords have started reducing rents by 5% to 10% in city centres. (Representational photo)(Unsplash)
Published on Dec 23, 2024 05:44 PM IST
BySouptik Datta

Bengaluru's property registrations dip 21% amid E-khata implementation woes

Bengaluru real estate: Compared to October 2023, the number of properties registered in the city dropped by almost 12% in the same period this year.

Bengaluru's real estate market reported 5667 property registrations in October, an almost 21% dip compared to 7167 units registered in September, according to data by the Inspector General of Registration (IGR) accessed by prop-tech platform SquareYards. (Representational Image)(Abhijit Bhatlekar/ Mint)
Published on Dec 20, 2024 02:43 PM IST
BySouptik Datta

Can buyers approach Human Rights Commission for property possession delay?

A Bengaluru buyer has approached the Human Rights Commission for relief after the builder delayed in handing over the flat despite several KRERA orders 

Distressed over the delay in getting possession of his apartment and the compensation ordered by RERA, a homebuyer in Bengaluru has now approached the National Human Rights Commission. (Representational photo)(Pexel)
Updated on Dec 19, 2024 09:37 AM IST
BySouptik Datta

Here's why several high-rise apartments in North Bengaluru are getting delayed

The handover of flats in high-rise projects in Bengaluru's Jakkur has been delayed as an OC from the flying school located nearby has not been received.

The handover of apartments in several high-rise projects in North Bengaluru's Jakkur area has been delayed for the past two years due to the objection certificate from the flying training school nearby not coming through. (Picture for representational purposes only)(Unsplash)
Updated on Dec 18, 2024 10:30 AM IST
BySouptik Datta

Will Bengaluru's metro line linking Sarjapur to Hebbal impact property rentals?

With Bengaluru’s metro red line getting approval, will rentals in areas in and around southeastern and northern parts of the country's IT capital increase?

Bengaluru real estate: Namma Metro's red line linking Sarjapur to Hebbal may impact property rentals. (Picture for representational purposes only)(PTI File Photo)
Published on Dec 17, 2024 08:08 AM IST
BySouptik Datta

BBMP's rush to action e-khata has caused ‘distress’ to buyers: Credai Bengaluru

Credai Bengaluru has said that BBMP's rush to implement the e-khata service has impacted buyers who are in the process of getting their documents registered

Amar Mysore, president, CREDAI Bengaluru, has urged the municipal corporation to implement the e-khata service in a phased manner.
Published on Dec 13, 2024 02:51 PM IST
BySouptik Datta

Bengaluru buyers association files FIR against real estate developer for fraud

The FIR mentions that the Ozone Group promoters had promised to finish the project over the last 12 years, but only 49% has been completed

The Central Crime Branch Bengaluru has registered a First Information Report (FIR) against the Ozone Group promoters following a complaint filed by the Resident Welfare Association (RWA) of Ozone Urbana Township. (Representational photo) (HT Photo)
Updated on Dec 11, 2024 05:09 PM IST

Bengaluru: Areas where you can rent an apartment for less than 30,000 a month

Bengaluru's rental market may be soaring, but affordable options still exist. Explore areas where you can find apartments for less than ₹30,000 a month

Areas in Bengaluru where you can rent an apartment for less than <span class='webrupee'>₹</span>30,000 monthly. (Picture for representational purposes only)(Shutterstock)
Updated on Dec 11, 2024 01:48 PM IST
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