Bengaluru developers shift focus to mega integrated townships, with 2024 projects showing a 25% rise in residential units. Emphasizing work-live-play models, these developments target Sarjapur Road and Whitefield, addressing urban congestion while prioritizing premium amenities and connectivity.
Bengaluru’s luxury housing market surged with Rs 1,000 crore in FY25 sales (up 59%), while mid-segment homes declined from 29% to 22% market share as affordability challenges mount. CXOs, founders, and global investors drive demand for premium lifestyle properties over budget-friendly options.
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.
Bengaluru is projected to remain dominant in the commercial real estate market by 2030, driven by sectors like technology, engineering, manufacturing, and BFSI.
Bengaluru remains a top choice for NRIs investing in residential real estate, driven by the city’s favorable climate and growing property values despite traffic issues.
Housing sales in top 8 Indian cities fell 6% in Apr-Jun quarter due to Lok Sabha polls, despite 42% YoY growth.
Developers from Bengaluru and Mumbai increase footprint in each other's cities, driven by growth, sales velocity, and better margins, with some finding lower land prices in Bengaluru attractive.
The Asia-Pacific real estate market faces volatile conditions driven by interest rate changes, although the concerns around COVID have lessened. India's investments have risen by 16%.
India's luxury housing market saw a 10% YoY sales surge in Q1 2024, with Mumbai leading the demand. Driven by rising incomes and spending power, the segment is poised for continued growth.
NRIs contribute to 15% of Bengaluru's housing sales, mostly from the US, Singapore, UAE, and Australia. They favor 2 & 3BHK units in North and East Bengaluru.
India's Q1 2024: 9% rise in home sales, 43% surge in office leasing, driven by global capacity centers, with Mumbai leading residential growth.
Residential sales in Bengaluru fell 2% YoY in Q1 2024, while sales of units priced above Rs 1 crore saw a 40% increase across top 8 cities.
Mumbai and Gurgaon see significant increases in coworking rental prices, with Mumbai rising by 27% and Gurgaon by 19% over the past four years, according to a MyHQ by Anarock report.
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.
Bengaluru's rental inflation exceeds Singapore's due to a 20-30% rent increase, driven by companies ending work-from-home policies.
Bengaluru's housing sales surged by 29% in 2023, reaching 63,980 units, driven by its tech hub status, infrastructure growth, IT sector resurgence and government policies.
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.
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.
The Indian real estate market, particularly in Bengaluru, is transforming with a focus on integrated townships and fractional ownership, enhancing investor confidence and opportunities.
Hyderabad emerges as new investment hub for commercial property developers from Bengaluru, amidst city's real estate revival
Flipkart's CEO Binny Bansal buys 10,000 sqft Bengaluru house for Rs 32 Cr
JLLM signs contract with Wipro to manage 2.3M sqft office space in Bengaluru, Mumbai & Mysore