50 real estate agents attack online realty startup's office in Bengaluru
Sep 16, 2015
Source : Toi

BENGALURU: More than 50 real estate agents and brokers on Tuesday morning attacked the headquarters of NoBroker, a home rental startup, at HSR Layout in southeast Bengaluru. They picketed the online house-hunting marketplace and shouted slogans, saying the company was ruining their livelihood. 

There were around 100 employees, including 30 women, when the group barged into the office, said Amit Agarwal, CEO, NoBroker.com. "We tried our best to pacify them but the group was aggressive. We finally had to call police," he said. 

A company press release said some employees were assaulted when they tried to stop the mob from entering their office premises. Police took the protesters to HSR Layout station and let them off with a warning. 

"There are no CCTV cameras either inside or outside the office," a senior police8 88officer said. 

Police sources drew parallels between the attack on NoBroker and resentment faced by e-tailers and taxi aggregators. 

Latest Realty News

Government-to-put-in-place-single-window-clearance-for-building-permissions-by-early-next-year
Sep 16, 2015
NEW DELHI: The central government is working on putting in place a single window time-bound clearance system for layout approvals and building permissions by the beginning of next year, housing and urban development minister M Venkaiah Naidu said.
Kochi-top-real-estate-destination-among-19-Tier-II-cities-in-India
Sep 16, 2015
Kochi has topped the list of best real estate destinations among 19 Tier-II cities in India on the back of robust housing demand and better project execution, according to a report.
Builders-threaten-to-bring-construction-to-halt-in-city
Sep 16, 2015
VISAKHAPATNAM: Demanding that the AP government immediately look into the shortage of sand in the district, representatives of the Confederation of Real Estate Developers Association of India (Credai)'s Vizag zone threatened the government that builders will stop all civil works in the city from September 21 unless it does something to resolve the issue. The association urged chief minister N Chandrababu Naidu to intervene in the matter.
Andhra-Pradesh-government-cancels-agreement-with-Unitech,-forfeits-Rs-255-crore
Sep 16, 2015
HYDERABAD: Andhra Pradesh has cancelled an agreement with Unitech Ltd for Integrated Vizag Knowledge City project in Visakhapatnam and forfeited Rs 255 crore, the firm paid for the land, for failing to meet targets.
Consumption-of-construction-chemicals-is-set-to-go-up-in-India
Sep 15, 2015
Rapid urbanisation is setting the pace of the Indian construction industry and, by extension, the construction chemicals market. The government’s ambitious ‘Housing for All’ and ‘100 Smart Cities’ programs are key growth drivers for the construction chemicals sector.
Rajasthan-Apartment-Ownership-Bill-returned-as-Union-ministries-raise-objections
Sep 15, 2015
JAIPUR: The Rajasthan Apartment Ownership Bill (2015), which was sent to the President of India for final approval, has been returned with proposed amendments.
Fullerton-India-to-float-housing-finance-company
Sep 15, 2015
Leading non-banking financial company (NBFC) Fullerton India Credit Company Ltd, a fully owned subsidiary of Singapore-based Fullerton Financial Holdings, has decided to float a housing finance company by November this year.
Mumbai’s-former-US-consulate-sets-Indian-record-for-property-deal
Sep 15, 2015
A sprawling seaside mansion in Mumbai, whose former owners include the US government and an Indian Maharaja, has been sold for Rs7.5bn ($113m) in the most expensive residential property deal in India’s history.
Foreign-real-estate-investors-have-become-more-realistic-about-Indian-market
Sep 14, 2015
NEW DELHI: The real estate market in India has matured after the slowdown and investors now have a more realistic view about returns these days, says Robert Marten, managing director, Global Real Estate Institute (GRI), a global club of senior real estate investors, developers and lenders.
Developers-tear-through-peaceful-temple-town
Sep 14, 2015
MASAIPET (Nalgonda): The grandiose plans for developing Yadadri on the lines of Tirumala, which were unveiled by the state government a few months ago, have begun taking a severe toll on the environment in the temple town. Large scale destruction of hillocks and felling of trees as well as conversion of agricultural lands into residential plots has become the order of the day, transforming the landscape of Yadagirigutta for miles around.

Latest Realty News Of State

Realty Talk's