Bengaluru’s real estate market faces strain amid IT layoffs and AI push; Reddit user asks, ‘Who’s left to buy?’ | Mint

Bengaluru’s real estate market faces strain amid IT layoffs and AI push; Reddit user asks, ‘Who’s left to buy?’ | Mint

Source: Live Mint The real estate market in India’s IT hub Bengaluru has slowed down, a Reddit user claims, citing reasons such as layoffs, less hiring, boost of AI and ‘silent recession.’ The user highlighted that the Bengaluru real estate market majorly depends on the IT industry. Even though people from other professions are buying…

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Macrotech Developers share price: Brokerages bullish on Macrotech Developers; Q2 update boosts stock by 4%

Macrotech Developers share price: Brokerages bullish on Macrotech Developers; Q2 update boosts stock by 4%

Source: Business Standard 3 min read Last Updated : Oct 07 2024 | 10:09 AM IST Brokerages on Macrotech Developers: Brokerages are upbeat on real estate firm Macrotech Developers Limited (MDL) following a strong September quarter (Q2FY25) business update.  Macrotech Developers reported record pre-sales of Rs 42.9 billion, a 21 per cent year-on-year (Y-o-Y)…

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