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 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.
Bangalore's top-end villa rentals have dropped by 25-30% due to a surge in new projects and the decline in expat relocations, affecting demand significantly.
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.
Bangalore's central mid-range residential rentals surge by 8-10% due to fewer new projects from leading developers, while eastern and southern areas face an 11% and 4% drop, respectively.