Latest Realty News

North Bangalore sees a spurt in guidance values, overtakes CBD
Oct 28, 2014
Bangalore: RMV Extension, Bellary Road & Sadashivnagar prices rocket, in government records revised on Oct 15
Goldman exits Bangalore Four Season property
Oct 08, 2014
Global private equity major Goldman Sachs has sold its entire 73 per cent stake in City View Bangalore Properties to a JV floated by Blackstone and realty player Embassy Group
Political stability will act as a catalyst for revival of realty sector
May 18, 2014
BANGALORE: Real estate sector expects growth to come with clear mandate to one party.“With so much riding on the general elections, we are happy that the results indicate a stable and progressive government coming in place. The last couple of years were not the best years for the Indian real estate, and the slowdown impacted all asset classes,” said Shishir Baijal, Chairman and Managing Director, Knight Frank India.
Inflation makes rental income underperform
May 08, 2014
BANGALORE: I live in a centrally located area of Bangalore. A canal bifurcates the main road into the ‘rich’ and ‘poor’ areas. On the affluent side of the canal, hotels, restaurants and highrises dot the street. The real estate rates hover between Rs 12,000 and Rs 15,000 a square feet. On the other side – home to a garbage dump – the rates are about Rs 3,000 a square feet.
Rental income rarely outperforms inflation
May 06, 2014
DELHI: I live in a centrally located area of Bangalore. A canal bifurcates the main road into the 'rich' and 'poor' areas. On the affluent side of the canal, hotels, restaurants and highrises dot the street. The real estate rates hover between Rs 12,000 and Rs 15,000 a square feet. On the other side - home to a garbage dump - the rates are about Rs 3,000 a square feet. I clearly know which side of the street offers a better quality of living, but how does one decide which side of the street is a
CREDAI holds games for construction workers
May 02, 2014
BANGALORE: The Confederation of Real Estate Developers Association of India (CREDAI) celebrated Labour Day by holding athletic games for labourers.
NHB ’s move to boost funding for home loans
Apr 11, 2014
BANGALORE: There is some good news for prospective homebuyers. The National Housing Bank (NHB) is focusing on bridging the demand-supply gap. Recently, the NHB decided to use a significant portion of its tax-free bonds’ proceeds to shore up long-term fixed-rate mortgage loans, especially for the low income and middle income housing in urban areas and suburbs.
Godrej Properties– M S Ramaiah Group to build 100-acre township in Bangalore
Apr 09, 2014
BANGALORE: Mumbai-based Godrej Properties has partnered family members from the M S Ramaiah Group to develop a 100-acre township in North Bangalore, sources privy to the development said.
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.
Indian IT firms expect revenue boost from US
Mar 27, 2014
BANGALORE: As more and more American manufacturing companies shift production to the US and reduce their reliance on low-cost labour in China, Indian technology outsourcing companies are expecting a big boost in revenues from their manufacturing clients.
Prestige Estates Projects jumps on bargain hunting
Mar 20, 2014
BANGALORE: Prestige Estates Projects jumped 4.45% to Rs 159.55 at 13:40 IST on BSE on bargain hunting after the stock declined 12.39% in the preceding seven trading sessions to Rs 152.75 on 19 March 2014, from a recent high of Rs 174.35 on 7 March 2014.
Jerry Rao’s realty firm forays into mid income homes
Mar 14, 2014
BANGALORE: Jerry Rao promoted Value and Budget Housing Corporation (VBHC), which is known for its affordable homes, is foraying into mid income housing category with a new project in Bangalore.
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.
Sobha bag awards at CIDC Vishwakarma 2014
Mar 11, 2014
BANGALORE:Realty major, Sobha Developers Ltd. has been bestowed with three prestigious awards at the 6th CIDC VISWAKARMA Awards 2014, which was held on Friday, 07th March 2014, at India Habitat Centre, New Delhi.
Bharathi hits Bangalore roads in her luxury cab
Mar 11, 2014
BANGALORE: Bharathi Veerath is Google-funded luxury cab service Uber's first woman driver.Veerath took Biocon CMD Kiran Mazumdar-Shaw for a spin in her brand new Ford Fiesta and received a pat for her driving skills. "Great to see Uber getting women drivers on board -- just met Bharathi, a very confident n safe driver. All the best!" Shaw tweeted after the joyride in the Biocon campus.
Bosch Ltd bets big on energy service business through investments in green buildings
Mar 10, 2014
BANGALORE: Bosch Limited, the Indian subsidiary of the world's biggest supplier of car parts, plans to earn more revenue from its energy solutions business as the company prepares to make it among the three leading players in the country by 2020 and help the company expand its business in the non-auto business.
Sobha of apartments where IT titans live takes a knock
Mar 07, 2014
BANGALORE: Residents of an upscale apartment complex, where InfosysBSE -2.40 % CEO SD Shibulal's wife owns a flat, on Tuesday woke up to the sound of bulldozers and other heavy equipment brought in by authorities to demolish their walls.
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.
10 Detained For Realtor’s Murder
Mar 07, 2014
BANGALORE: The city police on Wednesday detained and questioned 10 people in connection with the murder of realtor C Srinivas, the husband of BBMP councillor Manjula Devi.
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.
Comptroller and Auditor General of India warps Bangalore Development Authority for generous spending...
Feb 27, 2014
BANGALORE: The generous donation by Bangalore Development Authority (BDA) has invited the wrath of Comptroller and Auditor General of India (CAG).

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