News articles tagged Bengaluru

The Growing Potential of SM REITs in India

India's Small and Medium Real Estate Investment Trusts (SM REITs) market is booming, projected to reach $60 billion by 2026. Key cities like Mumbai and Delhi are driving growth, offering stable returns and attracting investors.

Tenant news to rejoice about! The April-June quarter saw an average price correction of 5-10% in Bengaluru’s rental housing market

Bengaluru's rental housing market saw an average price correction of 5-10% during the April-June quarter of the current calendar year, driven by tenants moving to the outskirts and the growth of co-living options.

The Bengaluru lease for the Bagmane property is renewed, and Samsung R&D Institute pays more than Rs 50 crore in rent each year

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.

Bangalore’s real estate: These are the top 5 neighborhoods for techies to rent in the city

Tamil Nadu's CM announced a new airport near Hosur, benefiting Bengaluru's Electronic City techies. Increased rental prices plague IT hubs like Bellandur.

As institutional investment reaches a three-year high of $2.5 billion in three months, Indian real estate recovers.

The Indian real estate market sees a revival with institutional investments reaching $2.5 billion in Q2 2024, driven by foreign investors and strong growth in industrial and residential sectors.

More than 1,500 acres of land that real estate developers have recently acquired through JDAs: a JLL report

JLL reports 56 Joint Development Agreements (JDAs) signed between landowners & developers in India, covering 1,546 acres, with 97% for residential projects, from Jan 2023 to Jun 2024.

Driving sustainability: The real estate sector is taking measures to address environmental concerns

India's real estate sector faces sustainability challenges, yet companies like DLF and Bharti Real Estate are pioneering eco-friendly initiatives and practices to combat them.

Hiring in real estate and construction surges by 86%; Delhi, Bengaluru, and Mumbai lead: report

The construction and real estate sector witnessed an 86% surge in employment between March 2023-24, with Delhi, Bengaluru, and Mumbai leading hiring activity.

Report: Over 3 crore jobs were created in India’s real estate sector in the last ten years

Indian real estate employment has risen from 4 crore in 2013 to 7.1 crore, driven by housing sector growth and government policies like RERA, GST, and PMAY.

What effect does the water crisis in Bengaluru have on real estate?

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.

Mumbai moves up one spot in the Q4 2023 Prime Global Cities Index, behind Dubai and Manila

Mumbai’s luxury real estate sees a 10% annual price increase, with Delhi-NCR and Bengaluru also showing growth according to Knight Frank’s Prime Global Cities Index.

The top six cities in India saw a 20% increase in housing sales in Q1 2024

Indian real estate began 2024 strongly, with residential property demand rising despite price increases. Top cities saw increased housing sales, indicating market resilience.

To construct a housing project worth Rs 1,700 crore, Mahindra Lifespace purchases a 9.4-acre plot of land in Bengaluru

Mahindra Lifespace Developers Ltd. acquired 9.4 acres in Bengaluru for a Rs. 1,700 crore residential project, focusing on mid-premium housing and spanning 1.2 million sq ft.

According to a survey, Indian home prices will rise by 7% amidst the surge in luxury real estate.

Indian home prices are projected to rise by 7% this year and next, driven by luxury real estate demand. The affordable housing gap remains a concern despite interest rate hikes by the Reserve Bank of India.

In the Asia Pacific region’s annual housing price growth index, Bengaluru comes in at number eight and Mumbai at number nine.

Knight Frank's report reveals Singapore as the top Asia-Pacific residential market with 13.7% YoY growth. Bengaluru and Mumbai also rank in the top 10.

Karnataka High Court orders the state to retrieve stalled homebuyers’ funds in four months.

Karnataka High Court directs state government to recover funds for delayed Bengaluru projects within four months, following homebuyers' grievances over sluggish RERA order execution.

What is making Kanakpura Road a sought-after residential area?

Kanakapura Road in Bengaluru offers an appealing combination of urban conveniences and a serene setting, making it a prime location for residents and investors alike.

India’s fast-moving luxury real estate market: Why

The demand for luxury real estate continues to rise, with buyers showing an insatiable appetite for lavish homes. A recent Anarock study indicates a significant increase in luxury property sales across metropolitan areas.

India’s Top 8 Housing Markets See 22% Increase in Sales and Bumper Growth: Report.

India's top residential markets saw 22% sales growth and 17% new supply increase in Q3 2023, driven by positive sentiment, pent-up demand, and steady interest rates.

Indian luxury house demand is skyrocketing.

India's luxury real estate market is experiencing high demand, with a 24% increase in the average cost of luxury housing units this year. Factors driving this growth include changing consumer behavior, a growing middle class, and the incorporation of smart technology and eco-friendly features in luxury homes.