Latest Realty News

Surge in Rs 4-6 cr ultra luxury homes in Bangalore
Jun 06, 2013
BANGLORE: Last year, around this time (mid 2012), the residential real estate price in Bangalore kissed sky high with Rs 33,000 per sq ft for an upscale project on the Vittal Mallya Road. Rough calculations pegged a 8,200 sq ft apartment in the project at about Rs 27 crore.
Bangalore sees high supply of luxury housing units
Jun 04, 2013
BANGALORE: Bangalore real estate market has evolved over the years with the establishment of IT companies and an influx of professionals entering the city from across the globe. Residential real estate market of the city is seeing positive growth not only in terms of demand but also in supply, especially in the luxury segment.
Luxury brands now get more room for growth in malls
Jun 01, 2013
Mall developers in India are setting aside up to 40% space for luxury brands, hoping to tap new money by offering labels such as Jimmy Choo, Canali and Gucci alongside mass-market products.
Small builders drive residential development in Hormavu, Bangalore
May 31, 2013
Hormavu, a suburb in North Bangalore, is fast developing as a sought after residential locale predominantly due to its good connectivity to all major parts of the city. In the absence of established developers, small city-based builders are offering varied residential options to potential clients.
Bangalore drawing NRI investors in real estate
May 31, 2013
A growing number of NRIs across the US prefer to invest in real estate back home due to a combination of factors. The capital appreciation in India, competitive local lending rates in the US, easing of investment norms by the government, repatriation facilities and availability of property management services are primarily instrumental in driving them to investing in real estate here.
Mid income homes drive property sale in Bangalore
May 31, 2013
Bangalore's residential real estate market remains resilient despite global turmoil driven by demand for mid-end homes. The city saw 35,500 residential units launched during 2012 and around 8,000 units in Q1 2013.
Bangalore realty market more positive
May 28, 2013
With a new stable government looking to address some problems of the previous one, and with interest rates falling, Bangalore’s real estate market is looking more positive for buyers and investors than it has been in a while. Given that property prices here have been relatively stable in the past few years also makes it quite attractive.
Average size of Bangalore apartment highest in India
Mar 19, 2013
BANGALORE: Bangalore tops in many things like weather, good, high-end schools and quality of life notwithstanding the traffic cribs. But there's one not-so-well-known parameter of which the city can be justifiably proud: large apartments.
Tata Housing unit announces sale of 100 units
Jan 30, 2013
BANGALORE: Smart Value Homes Limited (SVHL), a 100 per cent subsidiary of Tata Housing Development Company Limited (THDCL), today announced sale of 100 units of the recently launched New Haven here within 15 days of launch.
Sobha Developers sets record new space sale
Oct 03, 2012
Bangalore-based developer real estate company, Sobha Developers, said it has achieved a record milestone in the history of the company in terms of new space sale. The company has sold over 0.95 million square feet of new space valued at Rs 527 crore at an average price realization of Rs 5, 575 per square feet for the quarter ended September 30, 2012. The company also said that it is bullish of
Vijay Mallya raises Rs 525 crore against Bangalore Kingfisher Towers
Oct 02, 2012
BANGALORE: Its official now. Vijay Mallya, chairman of the cash-strapped Kingfisher AirlinesBSE -4.78 %, has turned to his ancestral property Kingfisher Towers-Residences at UB City, situated in the heart of Bangalore, to raise Rs 525 crore. In an August 27 filing to the stock exchanges, titled 'audited financial report for March 31,2012', United Breweries HoldingsBSE 6.13 % (UBHL), the invest
Luxurious penthouses up for grabs in Bangalore
Sep 29, 2012
In its recent analysis on luxury homes in Bangalore, real estate consultant Jones Lang La Salle estimated that there are 1,100 homes in the city that fall in the “super luxury” segment — those with a price tag of Rs 5 crore and more. The cream of these are the apartments in and around the city centre, known as the Central Business District (CBD), akin to Colaba in Mumbai or Connaught Place, Delhi

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