Embassy Group in talks with JP Morgan for Rs.500 Cr real estate fund for two Bangalore projects.
Blackstone is in final talks to acquire Bangalore's Vrindavan Tech Village for Rs.900 crore. The IT park boasts major tenants like Cisco and Nokia, with Blackstone aiming to capitalize on rental income.
Bangalore's Outer Ring Road (ORR) is booming as a commercial real estate hub, driven by strong IT sector demand and limited office space, according to a Jones Lang LaSalle India report.
India's real estate housing sector saw a decline in 2012, with minimal capital value rise of 1-3% in top seven cities, reports JLL.
Chennai's real estate market shows stability, particularly in residential sales, compared to Bangalore. High demand and limited supply in city centers drive higher rentals and property values, attracting investors.
Bangalore real estate sees continued price increases due to IT boom, BPO sector, infrastructure, and migration. Experts advise buyers to wait for prices to stabilize.
Bangalore transformed from a seasonal racing town to a year-round economic hub after becoming the capital of the Kannada state. It faces infrastructure strains due to rapid growth.
India's real estate market, projected to hit $180B by 2020, is the 5th most attractive global investment hub. A real estate seminar in Bangalore connected industry experts with students, offering insights into the sector's future.
Bangalore’s real estate sector is set to grow by 25% in the coming year, according to CREDAI Karnataka. Commercial office space demand is rising, while residential sales are slow.
BCIL launches Zed Woods and Zed Earth residential projects in Bangalore. Zed Earth offers villas priced between Rs 1.5 to 4 crore, while Zed Woods offers apartments from Rs 25 lakh to Rs 80 lakh.
Keerthi Estates launches Richmond Villas, a luxury residential complex in Hyderabad, with 157 4-bedroom villas over 24 acres.
Bearys Lakeside Habitat, a Bangalore-based residential project, wins runner-up award at FIABCI's Prix d' Excellence 2010 in Bali, Indonesia.
Oracle India's deal for 1.2-million sq ft of office space in Brigade Northstar has collapsed due to pricing differences, halting plans to move 8,000 employees.
Century Real Estate launches ‘Century Indus’ affordable housing project in Bangalore, offering apartments in the Rs 20-30 lakh category.
QVC Realty to raise ₹600 crore for land acquisition and project development in south India, primarily near new airports in Bangalore and Hyderabad.
Goel Ganga group expands, delivering 10,000 flats in 3 years, investing Rs 5,000 crore in Pune, Bangalore, Mumbai, and Nagpur, with new hospitality ventures.
Bangalore real estate developers seek professional training for agents to boost buyer confidence and adapt to market changes.
Red Fort Capital negotiates Rs 40bn projects with 6 Indian developers, including Godrej Properties for Kolkata IT park
Red Fort Capital in talks with 6 developers for Rs 4,000 crore projects across India
IVRCL to sell high-priced land, focusing on low-cost housing amidst real estate downturn
India's IT boom fuels high demand for office space, but slowdown concerns rise, impacting commercial property market, particularly in Bangalore and Hyderabad.
Vijay and Deepak Raheja have split B Raheja Builders, establishing their own firms. The split, deemed amicable, leads to the division of ongoing projects between them.
Sobha Developers sold 40% stake in a Bangalore residential township project to Dubai's Pan Atlantic for $10 million. The project is estimated at 1.05 billion rupees.
Mysore Urban Development Authority offers farmers 18% of their land back after development, but doubts remain about the deal's appeal amidst soaring property prices and competing private developers.
Vaishnavi Infrastructures secures $25 million from Actis for its Bangalore project, comprising 925,000 sq ft of residential and retail space. This marks Actis India Real Estate Fund's first investment.