Latest Realty News

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.
New Metro line set to push realty in region
Mar 14, 2014
BANGALORE: For the residents in west and north Bangalore, March 1 was a special date. The 10-km Metro line comprising Reach III and IIIA networks, from Sampige Road up to Peenya, began operations. The ‘green line’ with 10 out of 24 stations in operation presently, will connect residential, commercial as well as industrial areas in the region and have a significant impact on real estate.
It’s no lottery: BDA doubles flat rates
Mar 11, 2014
BANGALORE: After sites, it’s now the turn of flats. Bangalore Development Authority (BDA) has arbitrarily jacked up the prices of flats by almost 100%-200%, spiking the common man’s last hope of owning a dream home in the city.
NCR: Industrial townships along NH-8
Mar 07, 2014
DELHI: Dharuhera comes with freehold property rights, as it is a part of Haryana. The town is surrounded by multinational industrial townships like Manesar, Bawal, Rewari, Chaupanki, Neemrana, Khushkhera, etc.
Bangalore South: Connectivity a key factor for growth
Mar 07, 2014
BANGALORE: Bangalore south has expanded horizontally as well as linearly with several new locations opening up for residential realty development. This can be attributed to two major factors – the growth of IT and initiatives to enhance civic infrastructure. Beginning with the Outer Ring Road (ORR), the Intermediate Ring Road (IRR) and more recently, the Hosur Road expressway, connectivity was enhanced to lesser known localities, spurring growth. This made it convenient for the significant IT po
IT drives growth in suburbs of Bangalore
Mar 07, 2014
BANGALORE: Good connectivity to prime locations and economic hubs, lower land costs towards the peripheries and older congested localities have fuelled hectic residential activity and demand in upcoming suburbs.
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.
Bangalore East: High demand for premium homes
Feb 23, 2014
BANGALORE: Bangalore east was known for its plush colonial-style bungalows in the established neighbourhoods of Fraser Town, Cox Town, Cooke Town and Indiranagar, all the way up to the sparsely-populated Whitefield. With the expansion of the city to include several new areas, the east belt has seen an uptake in luxury housing options, mainly owning to the spread of IT in the region. Proximity to workplaces, easy access and high disposable incomes has led to a rise in demand for villas, row house
Bangalore: The tall storey
Feb 20, 2014
BANGALORE: Bangalore is known for its bungalow culture. It’s not surprising then that the country’s IT capital doesn’t have a great skyline. That maybe about to change. In a daring move real estate developers are reaching for the stars in a bid to give Bangaloreans a skyline to shout about.
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
Uniform stamp duty on joint development projects in Bangalore
Feb 17, 2014
BANGALORE: This is good news for real estate developers and landowners. The budget has proposed a uniform stamp duty of 2% on joint development projects, bringing down land registration cost.
Save on taxes by investing in an under-construction property
Feb 17, 2014
MUMBAI: It is true that buying a property in a project under construction offers greater advantages than purchasing a ready property. To begin with, the price of a property under construction is lower because there is no immediate possession. For a ready-property, the seller charges a premium for ready possession. In under-construction property, buyers get time to arrange for funds.
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 space on uptrend in PBDs of Bangalore
Feb 15, 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.
After 10-yr wait, BDA may allot 5,000 sites
Feb 11, 2014
BANGALORE: The long wait to get a site in layouts developed by Bangalore Development Authority (BDA) may finally be over: The authority plans to invite applications for 5,000 sites in Kempegowda Layout from March this year.
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.
New micro-markets open up in North Bangalore
Feb 03, 2014
BANGALORE: The north of the city with its sprawling international airport, good connectivity and land earmarked for the development of IT, BT and aerospace Special Economic Zones is opening up new catchment areas for residential realty development. The much-awaited signal-free corridor over the existing airport road is almost complete, except at the junctions where underpasses are underway, which will reduce travel time significantly.
New micro-markets open up in North Bangalore
Feb 01, 2014
BANGALORE: The north of the city with its sprawling international airport, good connectivity and land earmarked for the development of IT, BT and aerospace Special Economic Zones is opening up new catchment areas for residential realty development. The much-awaited signal-free corridor over the existing airport road is almost complete, except at the junctions where underpasses are underway, which will reduce travel time significantly.
BBMP fixes betterment fee for sites in illegal layouts
Jan 29, 2014
BANGALORE: Those owning sites which have requisite land use conversion clearances but no clearances from civic agencies and those on parcels of land denotified by various government agencies will have to shell out a betterment fee. The Bruhat Bruhat Bangalore Mahanagara Palike (BBMP) council on January 28 decided to implement differential betterment fee slabs based on plot areas.
Bangalore West: Good mix of residential options
Jan 17, 2014
BANGALORE: Around 20 years ago, Rajarajeshwarinagar in Bangalore west was a little-known area. Early homeowners found it a densely forested region with little security. Pan to 2014 and the very same neighbourhood is now a well-established residential locality.
Bangalore untouched by property market gloom
Jan 14, 2014
BANGALORE: While home builders and buyers in Mumbai and NCR were a worried lot, folks in Bangalore had cause to cheer. Bangalore’s property market bucked the trend in other metros with many new launches, good demand and resilient prices.
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.

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