Latest Realty News

New laws to check fraudulent land deals in Karnataka
Jul 12, 2014
BANGALORE: Karnataka government will soon bring about a much-awaited reforms in revenue related issues mainly to check fraudulent land deals, illegal formation of layouts and corruption in sub-registrar offices.
BBMP to start collecting development fee for ‘A’ khata
Jul 10, 2014
BANGALORE: Those seeking ‘A’ khatas for their properties in the city’s revenue pockets don’t have to wait any longer. The BBMP will commence collection of the development fee from now.
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
Industrial hub pushes demand for housing in Hoskote in Bangalore
May 31, 2014
BANGALORE: The growth story of Hoskote and its surrounding areas has been phenomenal. This growth story has been pushed by the fundamentals of development for any region connectivity and good social infrastructure.
Bangalore’s high-end realty draws NRI investors
May 10, 2014
BANGALORE: With the drop in rupee value and foreign currency getting stronger, many NRIs are evincing interest in picking up residential property in the city. Bangalore is being viewed as a luxury market destination and ticks many of the boxes that work in favour of a good city to invest in.
Bangalore ORR witnesses growth in office space market
May 09, 2014
BANGALORE: The Outer Ring Road (ORR) was the first significant civic infrastructure project that connected Bangalore laterally. While connectivity was enhanced cutting travel time considerably, it led to rapid commercial and mixed use developments along this belt. The Hebbal-KR Puram-Sarjapur Road stretch of the ORR has emerged as one of the preferred commercial hotspots, leading to hectic residential property development in localities around.
Global PE funds more than doubled investments in Indian realty: C&W
May 08, 2014
BANGALORE: Global private equity funds more than doubled their investment in India's real estate sector in the quarter to March as they foresee an improvement in economy leading to stable long-term yields, according to a report by brokerage Cushman & Wakefield, PE funds invested Rs 2,800 crore in the country's commercial and residential real estate during the period, a 145% jump over the year-ago quarter, the report said.
Xander, Dutch pension fund APG to go on $300m office buying spree
May 08, 2014
BANGALORE: Emerging markets investor Xander and Dutch pension fund APG have partnered for a Indian venture that would deploy $300 million (or Rs 1800 crore) to buy tenanted office spaces across the country's top metros.
Land scam comes to light in Bangalore suburbs
May 06, 2014
BANGALORE: Have you registered a site or building on revenue land in Bangalore’s outskirts in the past year or so? Just ensure the documents are authentic.
Go for property over gold, this Akshaya Tritiya
May 03, 2014
BANGALORE: With the festive time here, a buyer has to start evaluating various investment options for better returns. The dilemma of whether to invest in a property or gold is not new but the situation is different this year. Experts believe that the economy is showing signs of improvement. Therefore, it bodes well for the growth of the real estate sector and depicts a hard time for gold. There is a chance that the rupee will gain strength over the dollar due to higher growth in the economy and
Home buying trends, this Akshay Tritiya
Apr 28, 2014
BANGALORE: Property is invariably the single-most rewarding investment many people make in their lifetime. This Akshay Tritiya, make the most of the auspicious time to own your dream home. It certainly pays to stay invested in the real estate market. It cannot be disputed that property is an interesting investment commodity, which yields both, the rental income and capital gains. These days, it is not uncommon to find investors owning more than two homes. It is for this reason that an increasin
Commercial, retail development gathers pace in Bangalore East
Apr 27, 2014
BANGALORE: Bangalore east has matured into a self-sufficient region with a good mix of commercial, residential and retail real estate segments. With good connectivity through the Outer Ring Road (ORR), Whitefield Road and the Old Madras Road, localities in the east continue to witness interest from the commercial and retail sectors. The planned extension of the Metro line right up to Whitefield is giving impetus to further growth in the region.
Demand for homes in Bangalore set to pick up in new FY
Apr 26, 2014
BANGALORE: According to the World Bank’s Global Economics Prospects report released in January, global growth is expected to witness an uptrend, from 2.40 percent last year to 3.20 percent this year and 3.40 percent in 2015. While the report estimates the Indian economy could grow at 6.20 percent in 2014-15, the Asian Development Bank is also positive with a 5.50 percent projection for the new fiscal. With the US indices looking better, the Indian economy is also expected to pick up gradually th
BBMP blames polls for missing property tax target
Apr 21, 2014
BANGALORE: Every year the Bruhat Bangalore Mahanagara Palike sets itself a target to collect property tax. And ever year, it comes woefully short of the target. This year, the cash-strapped civic agency has come up with a novel excuse for its failure: elections.
AIFS a safe bet for realty investment, with few takers
Apr 19, 2014
BANGALORE: Though market regulator SEBI, has allowed Alternative Investment Funds (AIF) to set up shop in the country under a newly formulated route, which allows pooling of funds for investments in areas like real estate , private equity and hedge funds, the realty sector is still looking curiously at SEBI due to lack of clarity, post a few rejected applications, its ticket size and the overall funding environment in the sector. Is it the developers’ failure to decode the funding enigma with AI
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.
Home loan helps save on income tax
Apr 05, 2014
BANGALORE: The deduction you can claim against the payment of interest on a home loan from your taxable income is a major saving. This is especially so as the interest component is higher than the principle amount in the initial years of the home loan tenure. The amount of interest paid can be availed as a deduction under Section 24 of the Income Tax Act under the head ‘Income from House Property' while assessing the total income for the year.
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.
Interest rate cut on the cards
Mar 29, 2014
BANGALORE: The Reserve Bank of India (RBI) is scheduled to announce the annual monetary policy for 2014-15 on April 1. Going by the present macro and microeconomic factors, the RBI is likely to cut the key interest rates marginally.
Bangalore: Spurt in demand from US-based NRIs
Mar 29, 2014
BANGALORE: The availability of many investment options, favourable exchange rate, better pricing, flexible repayment options and professional property management services are all nudging NRI techies in the US, Bay area to look at Bangalore as an ideal destination to invest in.
IT czars pip real estate barons in list of richest candidates
Mar 28, 2014
BANGALORE: For the first time in many years, it is not politicians with interests in real estate or the mining industry who are topping the wealth charts in the list of candidates who have filed their nominations for the 2014 Lok Sabha polls from Karnataka.
Consult us before clearing mega projects: Bangaloreans
Mar 25, 2014
BANGALORE: During the protest, citizens raised questions about the reckless manner in which government departments cleared projects taken up by private realty developers despite glaring environmental problems.
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.

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