BBMP introduces online plan approvals for builders in Bangalore, streamlining process for residential and office constructions
North Bangalore's residential market is booming with new apartments and luxury villas, offering options for all budgets. Premium and luxury housing options are concentrated around Hennur Road and Thanisandra, while mid-range options are available near the airport.
The growth of IT parks in Whitefield has led to a surge in demand for residential options, making it a sought-after area for professionals in Bangalore.
Hyderabad emerges as new investment hub for commercial property developers from Bengaluru, amidst city's real estate revival
Bangalore’s real estate market, driven by IT professionals, posted a 19% hike. East and North Bangalore areas, renowned for accessibility, infrastructure, and social structures, saw increased demand.
Bangalore real estate market sees increased unsold stock and varied demand across different parts of the city.
Bangalore's real estate market regains momentum with Sobha and Prestige leading in sales and investor interest, reflecting the city's strength in the sector.
Bangalore witnesses a surge in high-rise apartment developments, transforming the city's skyline with upcoming projects like Sobha Indraprastha and Mantri DSK Pinnacle.
Actis to exit $25m PERE fund in India, invested in Bangalore's residential & retail project in 2008.
Bharti Walmart, the Indian branch of the US retail giant, is reportedly finalizing discussions with Century Real Estate to establish its first cash & carry store in Bangalore.
Mumbai's residential property prices have increased by 2.9% to Rs. 11,626 per sq. ft. However, property sales have slowed down, with only a marginal increase of 1%.
Despite facing regulatory challenges, Sahara Group has purchased approximately 25 acres of land in Whitefield, Bangalore for ₹149 crore, with plans for commercial or hotel development.
Bangalore leads India with seven housing projects for seniors, surpassing other cities like Chennai and Pune, according to a JLL report focused on senior housing development.
Valmark Group, a Bangalore-based real estate company, is considering raising a private equity real estate (PERE) fund of ₹125 Cr focused on Bangalore's realty market.
Bangalore and Mumbai dominate private equity real estate investments in India, attracting over 84% of total funding, while Delhi's contributions remain primarily theoretical.
Jones Lang LaSalle plans to raise Rs.1200 Cr for investment in the commercial realty sector.
Madhya Pradesh fails to attract builders for green building projects despite government incentives.
Bangalore tops PERE investments, receiving Rs.32.3 billion, doubling last year's amount, mainly in commercial sector, as per Cushman & Wakefield's report.
JLL to invest Rs. 30 crore in two Bangalore luxury housing projects from its Rs. 300 crore India-focused real estate fund, capitalizing on the city's stable residential market.
During a visit to India, British PM David Cameron pledged UK government funding for the Mumbai-Bangalore corridor project, foreseeing significant economic benefits and job creation.
Bangalore's top-end villa rentals have dropped by 25-30% due to a surge in new projects and the decline in expat relocations, affecting demand significantly.
Corporates are relocating their headquarters to larger offices as rental prices decline in major cities like Bangalore and Mumbai, seeking better amenities.
US-based private equity firm Blackstone, along with HDFC and Embassy Realty, plans to purchase a Business Park in Bangalore for $367 million.
Blackstone anticipates a substantial profit of approximately ₹210 Cr from its joint venture with Embassy Property Developments in Bangalore, marking a significant Indian real estate investment.
Foreign investors are poised to inject $4-5 billion into the Indian real estate market, focusing on Bangalore, Delhi, and Mumbai, according to Jones Lang LaSalle.