Bengaluru's real estate prices continue rising despite market concerns, with areas like JP Nagar seeing values double since 2016. Sustained tech demand and limited land drive growth, defying expectations of a market correction.
BBMP’s mandatory digital property certification is disrupting Bengaluru’s residential real estate, causing registration delays, tax payment complexities, and real estate market slowdowns despite its promise of transparency and efficiency.
BDA Announces Mid-March Auction of 145 Prime Sites Across Bengaluru: Corner and Intermediate Plots in Hebbal, Nagarabhavi, HSR Layout, and Koramangala. Online Bidding to Start Soon with ₹4 Lakh EMD; High-Value Sites in Developed Areas Target Investors Seeking BDA-Certified Landholdings.
Analysts predict flat residential demand in Bengaluru for 2025, while commercial real estate thrives. Northern and eastern micro-markets emerge as key growth areas driven by metro connectivity and infrastructure improvements. New vertical development strategies adapt to land scarcity, and developers adopt innovative pricing models to sustain buyer interest.
Karnataka mandates rigorous green building regulations in Bengaluru, enforcing energy-efficient designs, sustainable materials, and reduced carbon footprints for all new constructions while introducing incentives for compliance.
North Bangalore’s luxury housing market near Kempegowda International Airport surges, driven by IT hubs, infrastructure growth, and high-end project launches.
Whitefield's Brigade TechPark reaches 100% occupancy, signaling strong post-pandemic growth in Bengaluru's commercial real estate sector with rising demand for office spaces.
Bangalore introduces an AI-powered system to enhance property valuation accuracy and transparency, impacting property taxation. This initiative aims to streamline assessments, benefiting residents and the municipality alike.
Institutional investment in Indian real estate to grow by 14.6% to Rs 395 billion in 2021, driven by optimism in commercial office assets.
Samsung R&D Institute India has renewed its five-year lease for a 4.2 lakh square foot space in Bagmane Goldstone with a monthly rent of Rs 4.3 crore.
Tamil Nadu's CM announced a new airport near Hosur, benefiting Bengaluru's Electronic City techies. Increased rental prices plague IT hubs like Bellandur.
Construction and real estate hiring in India surged 86% between March 2023 and 2024, with Delhi, Bangalore, and Mumbai leading the demand, according to Indeed.
Bengaluru's housing sales fell by 2% in Q1 2024, primarily due to a significant drop in affordable housing, while office space demand remained stable.
Motilal Oswal Alternates announces the first close of its sixth real estate fund, IREF VI, targeting investments in mid-income/affordable residential projects across India’s top 8 cities.
Real estate developers are aggressively acquiring land in India, particularly in major cities, driven by high housing demand. This trend is expected to continue in 2024, with Tier-1 and developing areas remaining hotspots.
Studio apartments in Bangalore are becoming the preferred choice for young professionals, combining affordability with practicality in urban living.
Discover the pros and cons of renting a studio apartment in Bangalore, ideal for millennials on a tight budget seeking affordable, low-maintenance housing.
Karnataka Government plans to cut guidance values by December, potentially boosting the property market. A lower guidance value is expected to increase property registrations and government revenue.
Century Real Estate secures Rs 175 crore from PAG for luxury housing project in North Bangalore, aiming to accelerate construction and repay debts.
India's second COVID-19 wave threatens real estate recovery, impacting office and housing markets. Experts predict varying effects on sales and demand.
Bombay HC orders committee to verify affordable flats built by Hiranandani Group in Powai, amid dispute over completion of 3,103 flats as per 2012 order.
Upcoming Bengaluru Transit Infrastructure Projects to boost real estate development. Impact includes major locations like Whitefield and Electronic City.
South Bangalore, particularly Kanakpura Road, sees high demand for new flats, especially among young professionals. East Bangalore also experiences strong demand, with areas like Whitefield and Electronic City attracting interest for 3BHK flats.
Bangalore surpasses Mumbai as India's most expensive city, according to RBI's CPI. High living costs attributed to the IT industry and inflated prices of essential goods.
Investors Clinic, a Noida-based real estate consulting firm, is expanding to Mumbai, Bangalore, and Jaipur. Driven by strong growth in these markets, the company aims to triple its growth in 5 years by partnering with leading developers and leveraging its expertise.