Latest Realty News

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.
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.
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.
Why should one consider Bangalore for investment?
Dec 07, 2013
BANGALORE: Bangalore’s realty market has a steady a mix of projects targeted at different price points. There is plenty of choice for the end user/ buyer market and second home/ investor market. The consumption rates for the residential segment are better in comparison with the other metros. The city has a large talent pool and the number of people moving in to the city has been steadily increasing. Students, interns/ trainees, working class and expats have been the major driving force for the r
Bangalore: From global back office to a work and live hub
Oct 28, 2013
BANGALORE: In the early 1990s, when Electronics City was in its nascent stage, there were many who thought Infosys was a bus company, as buses emblazoned with the company’s name became ubiquitous, as they ferried employees from home to work and back.
Promoters of Dabur Burman family to foray into real estate business
Oct 23, 2013
BANGALORE: The Burman family, promoters of the $1-billion FMCG major Dabur, is entering the Indian real estate market through a joint venture with a US-based private equity investor, said multiple sources briefed on the matter.
Bangalore East: Some emerging residential hotspots
Oct 18, 2013
BANGALORE: Bangalore east, as a result of the high concentration of IT and ITeS companies, has witnessed an increased residential spread over the last 8-10 years, with its localities emerging as self-sufficient micro-markets.
Bangalore sees highest proportion of company relocations
Oct 01, 2013
BANGALORE: Relocation and consolidation of companies to suburban or cost-efficient locations is on the rise.
Slowing realty industry sees top-level exits
Aug 31, 2013
BANGALORE: Indian real estate sector is seeing top-level exit even as industry grapples with slow sales. In a recent exit, Juggy Marwaha has quit Mantri Developers to join property consultancy firm Jones Lang LaSalle (JLL) India as managing director, south India operations.
Puravankara set to launch Rs 350 crore property in Bangalore
Aug 21, 2013
BANGALORE: Realty major Puravankara ProjectsBSE 1.89 % today said it is set to launch Rs 350 crore property 'Purva Skydale' near Sarjapur main road, a hub for Bangalore's IT industry.

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