Bangalore's suburban expansion is driven by improved infrastructure like expressways and the Metro. These developments connect business centers, IT hubs and residential areas.
Bangalore is emerging as a new investment hub, fueled by the IT and BPO sectors, transforming into a self-sufficient city with growth potential.
Bangalore real estate market sees increased unsold stock and varied demand across different parts of the city.
Southern Indian cities, Chennai & Bangalore, outperform NCR in real estate returns (40-70% vs 15-20%) & new launches, driven by user-demand vs investor-driven markets.
Tier-II and Tier-III cities in India are experiencing significant growth in residential real estate transactions, contrasting with the slowdown in major metros.
Century Real Estate, a Bangalore-based firm, plans to raise ₹400 Cr to refinance existing debts. They are in talks with NBFCs and private equity funds, and part is raised through NCDs.
Office space availability in India's top cities plummeted by over 75% in Q2 due to high vacancy rates and weak commitments in ongoing projects, marking the lowest supply in recent quarters.
Sofitel, under Accor Group, plans to acquire over 10 luxury properties in India, aiming to expand its operations in major cities amidst challenges in licensing and workforce.
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.
Embassy Property Developments plans to raise Rs 800 crore in debt for an IT park in Bangalore, starting discussions with banks and considering selling space to Blackstone.
Karnataka Government to issue all-in-one property cards in Bangalore. The initiative aims to streamline property documentation and reduce fraud.
Winkworth, a London-based real estate franchisor, is set to expand into India by opening offices, starting with Bangalore. This move is part of their international expansion strategy.
Weak office space demand has negatively impacted air conditioning manufacturers. A resurgence in demand, driven by IT and ITeS sectors, is expected to boost both the commercial sector and A/C sales.
Bangalore witnesses a surge in high-rise apartment developments, transforming the city's skyline with upcoming projects like Sobha Indraprastha and Mantri DSK Pinnacle.
Godrej Properties plans to raise ₹700 Cr through a rights issue to fund new and ongoing projects across key Indian cities. The company aims for growth despite previous market sluggishness.
Actis to exit $25m PERE fund in India, invested in Bangalore's residential & retail project in 2008.
West Indian cricketer Chris Gayle signs an endorsement deal with Agrani Homes, a Patna-based real estate firm. The announcement was made by Alok Kumar, CMD of Agrani Homes.
Blackstone is reportedly interested in acquiring Express Tower in Mumbai, with potential investments totaling over ₹850 crore as it diversifies into the commercial sector.
Home sales across major Indian cities continue to plummet despite developers offering incentives, with Hyderabad experiencing the steepest decline of 46%.
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.
Bangalore's e-payment of property tax system faces criticism as many residents lack access, forcing them to visit tax offices despite promises of convenience.
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.