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.
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.
Bangalore real estate market tops private equity investment, receiving Rs 1,990 crore in the first three quarters of 2013. Other cities such as Pune and NCR also witness significant growth.
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.
The real estate industry is projected to reach $180 billion by 2020, highlighted during a seminar at Acharya Bangalore B School that engaged students with industry experts.
India's real estate market, projected to hit $180B by 2020, is the 5th most attractive global investment hub. A real estate seminar in Bangalore connected industry experts with students, offering insights into the sector's future.
Brigade Group's Orion Mall Opens in Bangalore with Global Brands and Luxury Features
Integrated commercial spaces, mirroring residential complexes, are gaining traction in India, offering office spaces, hotels, and retail areas within a single development.
Oracle India's deal for 1.2-million sq ft of office space in Brigade Northstar has collapsed due to pricing differences, halting plans to move 8,000 employees.