Latest Realty News

Mysore Road: Potential for more commercial development
Jun 02, 2014
BANGALORE: Upgraded connectivity, through the planned Metro line to the peripheral areas and widening of the Sirsi Circle Flyover, is spurring growth in this belt, says Sai Prasanna Mysore Road winds through the southwestern quadrant of the city, connecting it to the city of Mysore. While commercial realty developments are limited in this belt, over the last few years, residential growth has risen, with the completion of the incomplete stretches of the Outer Ring Road (ORR) in this region. With
Retail hubs in emerging areas of Bangalore
Apr 11, 2014
BANGALORE: With availability of land and prices at a premium in the city center, growth is shifting towards the peripheries, where connectivity has led to the opening up of localities. With commercial and industrial realty development taking place in the Outer Ring Road (ORR) corridor and beyond, rapid residential expansion has followed. This has led to the emergence of retail in these developing areas.
IT drives demand for commercial space in Bangalore North
Apr 05, 2014
BANGALORE: The growth in Bangalore’s commercial realty market began from the Central Business District (CBD), and expanded into the extended or Secondary Business District (SBD), south and south-east Bangalore. Over a period of time, corporates with long-term occupancy plans relocated to south-east and east Bangalore, owing to better connectivity and the availability of IT parks. With the establishment of two prominent tech parks and the location of the international airport, Bangalore north has
Commercial growth spurs demand for residential options in Bangalore
Apr 05, 2014
BANGALORE: With an uptake in commercial development in the north, several micro-markets are opening up for residential real estate development. Localities close to the NH7 have benefitted from the upgraded 22 km highway, with seamless link to different parts of the city via the Outer Ring Road (ORR). The north is witnessing several standalone housing projects as well as integrated developments offering residents a self-sufficient neighbourhood.
North Bangalore: An emerging commercial hub
Mar 29, 2014
BANGALORE: Interest in real estate peaked in north Bangalore with the setting up of the international airport in 2008. The as yet largely unexplored region boasted sizeable tracts of land at significantly lower prices. This helped the growth of commercial space in the region. Connectivity through the Outer Ring Road (ORR), the Hebbal flyover and the new expressway over Bellary Road has brought areas here into the spotlight due to easy access.
Real estate prices set for uptrend in Bangalore’s metro corridor
Mar 21, 2014
BANGALORE: Since work on the Metro line took off in the west, there has been a marked change in the landscape of the region. Integrated mixed-use developments, residential realty projects as well as commercial developments have sprung up along the corridor and in the areas around. This is mainly due to the seamless connectivity that will connect the old neighbourhood of Malleswaram with localities towards the peripheries.
Peripheral locations in Bangalore West opening up
Mar 21, 2014
BANGALORE: The new Metro line will undoubtedly facilitate faster connectivity and easy accessibility to peripheral locations. Completion of the 2.50 km stretch from Peenya Industry to Nagasandra on Reach 3B by August will further extend connectivity to far-flung areas in the west, opening them up for development.
Organised retail real estate supply grows
Mar 04, 2014
KARNATAKA: According to the findings of CBRE’s latest report, India Retail Market View H2 2013, the total mall supply stood at approximately 4.7 million sq ft in 2013. The demand from international and domestic brands as well as retailers, continued to strengthen throughout 2013, with the second half of the year witnessing an increase in demand for quality retail space, in Delhi-NCR, Pune and Chennai.
Premium homes in demand in Bangalore North
Mar 01, 2014
BANGALORE: Better connectivity to the city as well as to the airport, development plans such as the IT and aerospace parks by the government, signal-free roads, well-developed social infrastructure, availability of land, proximity to IT/ITeS parks, industrial belts etc are some reasons that are working in favour of Bangalore north.
Commercial property market sees upward trend
Feb 19, 2014
BANGALORE: Positive indicators for growth are increasingly evident across the real estate sector with results pointing to a slightly faster improvement in retail real estate compared with office and industrial. At the forefront of these trends are the UAE and Japanese real estate markets, where the Occupier Sentiment Index (OSI) and the Investment Sentiment Index (ISI), are firmly entrenched in positive territory. Significantly, twelve month forward expectations for rents and capital values in b
Demand for commercial space on uptrend in PBDs of Bangalore
Feb 16, 2014
BANGALORE: With its landlocked area, competitive property rentals and infrastructure initiatives, Bangalore is an attractive destination for occupiers. While the Peripheral Business Districts (PBDs) of Outer Ring Road (ORR) and Whitefield have been performing well, more recently, north-east and north Bangalore have come into prominence.
Demand for commercial property set to rise in Bangalore
Feb 07, 2014
BANGALORE: The IT revolution in Bangalore took off mainly due to the availability of large tracts of land at favourable rates, sizeable talent pool and the pleasant weather. This has led to a rise in commercial realty spaces in key locations around the city with high absorption rates.
PRR will fuel more development in Bangalore
Jan 13, 2014
BANGALORE: The revival of the Peripheral Ring Road (PRR) project is an indication of more commercial belts and development around the city over the coming few years. The PRR was originally planned by the Bangalore Development Authority (BDA) to ease pressure on the Outer Ring Road (ORR). The heavy vehicular traffic such as trucks, passing through the city on their way to other States in the south, can use this road rather than the outer fringes of the core city localities. Also, those moving aro
Vested interests alter BDA land boundaries
Jan 13, 2014
BANGALORE: It has now come to light that the boundaries of the land in survey number 20 of Nagadevanahalli (Kengeri hobli), where Bangalore Development Authority (BDA) had formed Visvesvaraya Layout, were changed and survey sketches altered to benefit vested interests.
Green tribunal asks industries in TG Halli zone to pack up
Dec 26, 2013
BANGALORE: The National Green Tribunal (NGT), Southern Zone, Chennai, has asked over a dozen industrial units to move out machinery and materials from Zone-3 of Thippagondanahalli reservoir catchment area (TGR) within three months. This eco-sensitive zone has a number of granite units.
Bangalore North: A commercial hub in the making
Nov 22, 2013
BANGALORE: The northern belt mainly consists of the micromarkets Hebbal, Yelahanka, Devanahalli and Bellary Road and comprises the northern realty hub of the city. Known for its residential catchments, good social infrastructure and roads, the northern part of the city is well-connected and boasts of easy accessibility and proximity to the international airport.
Bangalore North is an emerging hotspot
Oct 30, 2013
BANGALORE: The north has emerged right on top of the list as a preferred destination in Bangalore from the time the airport moved here. With connectivity in focus, with grade separators that facilitate smooth travel from Sadashivanagar right up till the airport, the widening of the Hebbal flyover, and the upgradation of Bellary Road with the elevated highway, localities around are witnessing a mix of premium luxury residential developments as well as mid-segment and budget housing options. The G
Karnataka Govt to issue ordinance to regularise illegal buildings
Oct 17, 2013
BANGALORE: The Karnataka government on October 11 decided to promulgate an ordinance to regularise bylaw deviations in residential and commercial buildings in urban areas of the state by collecting penalty, from the date of its assent by the Governor.
It’s in North Bangalore where all the action is
Sep 18, 2013
BANGALORE: Smart growth is the buzzword for cities struggling to overcome the horrors of urban sprawl. ‘New guard’ urban planners at the Rio de Janeiro United Nations Conference on Environment and Development while accepting that growth and development would continue to occur, sought to put in place sustainable communities that are good places to live, to do business, to work, and to raise families. The aim was to facilitate residents’ access to quality education to livable, safe and healthy pla
IT-realty nexus of Bangalore
Sep 18, 2013
BANGALORE: The story of Bangalore’s real estate market is intrinsically linked with the city’s information technology sector. The city now has a reason to cheer as it has been named among the top eight technology innovation clusters in a global rating by the Massachusetts Institute of Technology’s Technology Review, a magazine on innovation.
Improved infrastructure leading to development in Bangalore West
Aug 23, 2013
BANGALORE: Bangalore west is a market that is coming of age. One of the early residential areas with industrial growth, this region has now opened out to witness stand-alone commercial and integrated developments. Connectivity has led to a significant boost in the development of this region – the Tumkur Road highway, improvements to Mysore Road and Magadi Road with connectivity enhanced through the Outer Ring Road (ORR). With the Metro line soon to be inaugurated between Peenya and Sampige Road,
Bangalore accounts for 31% of new residential units launches across India
Aug 02, 2013
BANGALORE: Over 10,500 residential units were launched in Bangalore in the second quarter of 2013, accounting for 31% of the total launches, says a Citi report.
Karnataka govt to revise guidance value every year
Jul 25, 2013
BANGALORE: Karnataka government has decided to set up a land evaluation committee to advise government on the revision of the guidelines value ((official cost of land). Based on its recommendations, the state plans to revise guidelines value every year from now.

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