Apartment at Tata-owned Pierre hotel in New York put out for $500,000 a month...
Most expensive rental property in the US is in California. By The American Bazaar Staff NEW YORK: A spacious apartment in the Taj Hotels Resorts and Palaces of India owned property the Pierre Hotel,...
View ArticleVistex founder Sanjay Shah pays $17 million to buy Trump Tower penthouse in...
Most expensive condominium in Chicago’s history. By The American Bazaar Staff WASHINGTON, DC: Sanjay Shah, 46, the founder and CEO of Vistex, a computer software company, has bought the most expensive...
View ArticleProperty rental service NoBroker raises $3 million in funding
Start-up aims to make the process broker-free. AB Wire BENGALURU: NoBroker, a peer-to-peer property listing start-up that wants to eliminate the need for brokers in the Indian rental market, has closed...
View ArticleRisa Realty to showcase prime real estate properties in India at shows in...
Top notch real estate firms from India to attend the shows. By Raif Karerat WASHINGTON, DC: Risa Realty will be showcasing properties from across India this April, with stops slated for the Sheraton...
View ArticleDr. Kiran Patel of Florida building the largest single-family estate in the US
Patel to move into 35,000 Sq. Ft. estate with his family members. Dr. Kiran Patel and his wife Pallavi Patel By Raif Karerat WASHINGTON, DC: The suburbs of Tampa, Florida, will soon see the literal...
View ArticleIndian American entrepreneur Balkrishna Patel developing Best Western Vīb...
The other Vīb project is coming up in Miami. AB Wire WASHINGTON, DC: Indian American entrepreneur Balkrishna Patel and his sons Parth Patel and Amit Patel are developing one of the inaugural two Vīb...
View ArticleFilm producer Nile Niami developing 74,000 Sq. Ft. house in Los Angeles for...
House will have ‘Monaco-style casino’ too. By Raif Karerat (Courtesy of mccleandesign.com) WASHINGTON, DC: One of the largest homes in U.S. history is being built in Los Angeles. Nile Niami, a film...
View ArticleIndians bought $7.9 billion worth of real estate in the US in the last one year
Chinese top the list of foreign buyers. By Raif Karerat WASHINGTON, DC: Sales of U.S. residential real estate to overseas buyers between April 2014 and March 2015 reached a record $104 billion, or...
View ArticleAlibaba’s Jack Ma pays $23 million for NY property along St. Regis River
A non-profit to manage Brandon Park. Raif Karerat When you’re a bona fide billionaire like Jack Ma, the Chinese entrepreneur who co-founded e-commerce titan Alibaba, paying $23 million for a sprawling...
View ArticleVancouver in Canada becomes the second most expensive housing market in the...
Locals blame foreigners for rise in real estate prices. By Raif Karerat WASHINGTON, DC: Vancouver’s attractiveness to foreign buyers has seen it meteorically rise to become the second most expensive...
View ArticleFirst Indian American retirement community ShantiNiketan comes up in Florida
Brainchild of Indian American entrepreneur Iggy Ignatius. An aerial view of the phase 1 and 2 of the project. Photo credit: http://www.shantiniketan-us.com/ By Raif Karerat Follow @ambazaarmag...
View ArticleIndian tech workers to Silicon Valley beware: bunk beds rentals are $1,800/month
Vinyasa also runs hostels in Redwood City and Sonoma County. By Raif Karerat Vinyasa is a “co-creative housing” project in San Francisco that is looking to skirt the high price of typical rental...
View ArticleBillionaire Cyrus Poonawalla buys former US Consulate in Mumbai for $113 million
Poonawalla to use property sitting on two acres on Arabian Seas as family home. By Raif Karerat Follow @ambazaarmag An Indian pharmaceutical baron has handed over $113 million to buy a mansion in...
View ArticleGOPIO meet in New York seeks protection of NRIs’ property in India
GOPIO to also petition India on TDS issues. AB Wire Speakers, organizers and some participants at the recently held community meeting on NRI Property Issues in India. Seated in front row from L. to R.:...
View Article63-acre island estate in Connecticut goes on the market for $175 million
Owned by the family of William Ziegler. A 63-acre island estate in Darien, Connecticut is going on the market for sale at an asking price of $175 million. The Wall Street Journal reported that if the...
View ArticleWe welcome more regulation: EB-5 real estate developer
This story first appeared in The American Bazaar South Florida developer Rodrigo Azpúrua says EB-5 is “good for the United States,” as it “creates jobs, with no cost for the taxpayers.” Rodrigo Azpúrua...
View ArticleIndian American Danny Gaekwad buys Orlando’s iconic Church Street Exchange...
The entrepreneur says he will announce a big plan for the building in a few weeks. Danny Gaekwad; photo by Luke Christopher When Digvijay “Danny” Gaekwad moved to the Orlando area more than 30 years...
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