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.
Bangalore is emerging as a new investment hub, fueled by the IT and BPO sectors, transforming into a self-sufficient city with growth potential.
The real estate sector expresses concern over the newly imposed service tax on housing, urging the finance minister for reconsideration and better urban housing policies.
Century 21 enters Indian market, plans 1,000 offices and ₹1,000 crore revenue in 5 years