Tag: real estate market news
Bengaluru-based real estate firm Concorde acquires 4.5 acre land for ₹100 crore
Bengaluru-based real estate developer, Concorde, has acquired 4.5 acre land for ₹100 crore in Thanisandra, a micro market of North Bengaluru to develop a residential project with a revenue potential of ₹400 crores.
Also Read: Bengaluru real estate: 70% realty assets in the city developed through joint development agreements
The company plans to develop a residential project on this land parcel with a potential revenue of around ₹400 crores. Thanisandra is located
Realtor Lawsuit Settlement Will Change the Housing Market Forever
Things are about to get weird for homebuyers and sellers.
I wrote late last year that 2024 would mark the beginning of a great experiment in real estate that would upend the way homebuyers and sellers pay their agents. Well, the experiment officially got underway Friday when the National Association of Realtors agreed to a $418 million settlement to bring to an end a series of class-action lawsuits over agent commissions.
The settlement came after a yearslong battle in which hundreds of thousands of sellers claimed that they were forced into paying unfairly high commissions to real-estate agents. In addition