OpenDoor, the US-based real estate technology firm, is winding down its India operations, impacting nearly 250 employees. The move reflects the company’s shift toward AI-powered automation and smaller AI-native teams located in the United States. Executives emphasized that the layoffs are not due to employee performance, praising the India team for their contributions over the years. The transition underscores a larger trend in tech: global operations are increasingly leveraging artificial

Mumbai’s Air India Building Gets New Role Mumbai’s iconic Air India Building at Nariman Point has officially moved into Maharashtra government control after a ₹1,601 crore acquisition. The transfer agreement between Air India Assets Holding Limited and the state Public Works Department was completed at Mantralaya in the presence of Chief Minister Devendra Fadnavis. For many Mumbaikars, the A

Chicago Zillow listings were restored after a federal court order required Midwest Real Estate Data, known as MRED, to return listing access to the real estate platform. The order, issued on Friday, May 22, 2026, temporarily restored Chicago-area home listing data on Zillow after thousands of listings were removed during a legal dispute over property data, private listings and platform display rules. MRED-Zillow Dispute Centers on Private Listings

A historic mansion in San Francisco’s Pacific Heights neighborhood has sold in a private, off-market transaction for $56 million, according to public property records. The sale marks the city’s most expensive residential deal since a nearby property set a record in 2024, underscoring continued strength in the luxury housing segment. The property, located at 2898 Vallejo Street, was sold by a revocable trust linked to Daniel Alegre, a technology and media executive. The buyer was

A once-thriving retail hub in Santa Clara, California, is rapidly emptying as redevelopment plans move forward, prompting legal action from displaced business owners who allege unfair treatment by the property’s former landlord. Two tenants from the Homestead Shopping Center — Tous les Jours bakery and Fuheng Herbs — have filed separate lawsuits against former property owner David Bider and Cypress Investments, claiming they were misled and pressured into leaving prior to the si

The Transamerica Pyramid, one of San Francisco’s most recognizable landmarks, has been sold in a major commercial real estate transaction that signals a shift in ownership strategy for the iconic property. Cyprus-based investment firm Yoda Plc announced the acquisition this week, purchasing the 48-story tower along with two adjacent buildings for $691.6 million. The total transaction value reached approximately $725 million after final settlements and associated costs. The deal repr

The Reserve Bank of India (RBI) will announce its latest monetary policy decision today, February 6, 2026, with markets largely expecting the central bank to keep the repo rate unchanged. This announcement follows a series of rate cuts, with the last one made in December 2025, reducing the repo rate from 5.50% to 5.25%. Experts predict that the RBI will maintain a pause in rate cuts as it assesses the impacts of the previous changes on inflation and growth. RBI Governor Sanjay Malho

A major health care provider headquartered in Columbus has expanded its real estate footprint with the purchase of a newly constructed industrial facility in Hilliard, reflecting its continued growth across central Ohio. OhioHealth acquired the property known as the Mill Run Innovation Center for $23 million in a transaction completed in late December, according to records from the Franklin County Auditor’s Office. The property is located at 3401 Mill Run Drive and includes a 130,

Central Ohio’s luxury real estate market closed out 2025 with several high-value residential transactions, as Franklin and Delaware counties recorded notable home sales during December. Property records show that the most expensive single-family home sold in Franklin County reached $2.45 million, while Delaware County’s top transaction closed at $1.2 million, reflecting continued demand for upscale housing across the region. In Franklin County, December’s highest-priced reside

Property owners in central Ohio will see notable changes to property tax payment schedules beginning in 2026, as officials in Franklin County revise due dates and Delaware County advances the start of its billing cycle. County leaders emphasized that the adjustments are designed to improve administrative efficiency and provide taxpayers with more time to prepare payments, without altering the total amounts owed or disrupting existing payment plans.

India’s housing finance sector is witnessing a strategic shift as lenders begin treating defence personnel as a separate borrower category rather than grouping them under standard salaried profiles. With urban housing demand cooling and competition intensifying in metro markets, lenders are increasingly turning to defence families as stable, long-term borrowers who require customised solutions rather than generic home loan products. This change in approach has been highlighted by

The Reserve Bank of India has reduced the repo rate by 25 basis points, bringing it down from 5.5% to 5.25%. This marks a total reduction of 125 basis points in 2025, sparking fresh hope among homebuyers for affordable loan EMIs as banks prepare to revise lending rates. The Monetary Policy Committee (MPC), which met on December 3, 4 and 5, voted unanimously after assessing inflation control, liquidity status and growth expectations. Governor Sanjay Malhotra confirmed the move, addin

Silicon Valley’s commercial real estate sector is experiencing a period of striking contrasts, according to the latest quarterly analysis from Joint Venture Silicon Valley. The region continues to see both strong demand for leased space and a notable slowdown in new development, creating a complex environment for investors, developers, and employers. Between January and September 2025, developers added approximately 5.6 million square feet of new office and industrial space across

Dan Snyder’s former Potomac riverfront mansion, a sprawling luxury estate once listed among the most expensive residential properties in the region, will be offered at auction next month after a series of price reductions and an eventual charitable donation. The estate, which was gifted to the American Cancer Society nearly two years ago, is now expected to generate millions for cancer research and patient support programs across the country. Snyder, the former owner of the Washin

As India moves into 2026, investors face a familiar yet complex choice: gold or real estate. Both assets have historically served as trusted vehicles for preserving and growing wealth. Yet, their performance and purpose vary significantly depending on economic conditions, investor goals, and market trends. Over the past year, both gold and property values have surged. Gold’s recent rally has been driven by global inflation, economic instability, and rising central bank purchases.

Texas homeowners and landlords now have stronger legal authority to protect their properties as two new state laws officially take effect. Senate Bill 38 and Senate Bill 1333 are designed to stop squatters, speed up eviction proceedings, and give property owners faster access to justice. For years, Texas landlords and property managers have faced an ongoing struggle against squatters occupying vacant or abandoned homes. These unauthorized occupants have often been difficult to remove,

New Jersey continues to stand out in the national housing market, once again placing several of its ZIP codes among the most expensive in the United States. According to recent real estate data, six New Jersey communities ranked within the top 100 priciest ZIP codes nationwide, reflecting the state’s sustained appeal among high-income residents and luxury homebuyers. At the forefront is Alpine in Bergen County, whose ZIP code 07620 tied for 13th place with the renowned Beverly Hil

San Jose’s cooling pipeline for conventional homebuilding has put unusual emphasis on one small-scale format that continues to deliver results: accessory dwelling units. Backed by a wave of California legislation that curbed local barriers and clarified property rights, ADUs—once a niche backyard project—have evolved into a central element of the city’s growth strategy. Because they are constructed on existing lots and typically require fewer discretionary approvals than multifamily p

Texas Attorney General Ken Paxton announced Tuesday that his office has uncovered evidence suggesting that the developers behind a proposed Muslim-centric real estate project known as EPIC City violated both state and federal securities laws. Paxton has requested that the Texas State Securities Board review his office’s findings and provide a formal referral that would allow the Attorney General’s Office to pursue legal action. EPIC City, a planned mixed-use community spanning 4

The San Jose metropolitan area has topped a national ranking — but for reasons that signal growing trouble for California’s housing market. According to a recent HomeAbroad report analyzing U.S. Census Bureau data, the San Jose-Sunnyvale-Santa Clara region recorded the steepest drop in residential construction permits among the country’s 100 largest metro areas, with a staggering 68% decline over five years. In July 2020, the region issued 1,949 building permits. By July 2025,