Bengaluru's newly launched Yellow Line connects RV Road to Bommasandra, promising significant real estate growth in Electronic City with 10% price increases expected.
Tamil Nadu's CM announced a new airport near Hosur, benefiting Bengaluru's Electronic City techies. Increased rental prices plague IT hubs like Bellandur.
Studio apartments in Bangalore are becoming the preferred choice for young professionals, combining affordability with practicality in urban living.
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 real estate sees continued price increases due to IT boom, BPO sector, infrastructure, and migration. Experts advise buyers to wait for prices to stabilize.
Frasers Hospitality expands into India, signing contracts for three Bangalore properties. Fraser Residence Beverly Park and Fraser Place Whitefield will open in June 2009, with Fraser Place Hosur Road slated for 2011.
Bangalore's Real Estate Growth Shifts to North, Driven by Airport Development
Concorde Group is building "Concorde Manhattans," a new housing development in Bangalore’s Electronic City, hoping to attract Wipro employees with its American naming scheme and prime location.