Bangalore's rental market is booming due to increased urbanization and IT sector growth. Professionals and students are driving demand, while high property prices make renting more affordable. Real estate consultants assist newcomers in finding suitable housing.
Government policies are pushing for green buildings in Asian real estate markets. Driven by regulations, incentives, and market changes, green building growth is influenced by corporate social responsibility and tenant preferences.
Kanakia Spaces implements In4velocity's ERMS, In4Suite, across projects
Sobha Developers planning expansion into SEZs, retail, and commercial projects across multiple cities with significant investment plans
Land prices decline across major Indian cities, with drops between 10-50% due to market slowdown and reduced deal volumes.
Indian real estate attracts British investors as UK market declines
Rental prices in key Indian industrial towns surge, with New Delhi experiencing a 13% increase in 2008, reflecting high demand and limited development space.
By 2015, airport modernization aims to add 78 million square feet of real estate, boosting non-aeronautical revenues significantly, especially in retail and office spaces.
Ajmera group plans to separate its steel business from its real estate division, rebranding as Ajmera Real Estate and Infrastructure post-demerger, focusing on significant project developments.
DAMAC Properties expands its reach in India by appointing local agents in Gujarat to market international properties to Indian buyers and explore investment options in major Indian cities.
Real estate markets experiencing significant price drops across major Indian cities, with residential values declining in metros.
Puravankara Projects recommends 40% final dividend, operates across multiple Indian cities and international locations
Deutsche Bank's RREEF to invest $1B in Indian real estate over three years, targeting residential, retail, hospitality, and commercial projects in western and northern India.
NRI-backed Dewa Projects to construct a Rs. 3,000 crore super luxury apartment complex in Kochi by 2011, featuring six towers, 400 apartments, and high-end fittings.
The Homes of India expo in Doha features thirty Indian builders showcasing diverse projects, highlighting significant investment trends in India's growing real estate market.
Vacancy rates are rising in Bangalore and Chennai's tech hubs as IT companies seek new locations, causing concern for real estate developers.
BCCL invests ₹60 crore in Mantri Realty for new projects and infrastructure expansion, including a ₹2,400 crore power plant near Nagpur.
Bangalore's Real Estate Growth Shifts to North, Driven by Airport Development
Amidst declining home sales, Indian real estate developers are shifting focus to the luxury housing segment, targeting NRIs and high net-worth individuals.
Sobha Developers has launched its largest project, Sobha Lifestyle, near Bangalore Airport, featuring 165 luxurious villas on 55 acres, with a projected cost of Rs 250-260 crore.
IDEB is expanding its construction and hospitality services across major Indian cities, including plans for a new hotel in Bangalore.
Eldeco Group seeks $200-250 million from private equity investors for projects in Punjab and Maharashtra after abandoning merger and capital market fundraising plans.
Concorde Group is building "Concorde Manhattans," a new housing development in Bangalore’s Electronic City, hoping to attract Wipro employees with its American naming scheme and prime location.
Red Fort Capital Advisors is set to invest an additional $500 million in India, focusing on affordable housing and logistics, while targeting top urban markets.