Property News

Property News #10: Bengaluru civic body, one-time settlement in Ghaziabad, Rajasthan housing board

Bengaluru civic body eyes Rs 557-crore assets with lapsed leases to fill coffers The cash-strapped BBMP needs to use its properties, whose leases expired. In its kitty with 116 such properties worth Rs 557 crore, Palike searches two choices: renew their rent at the current market rate, or take over and finally sell them off. […]