Bangalore
With the country seeing an economic downturn which led to a decline in the absorption of office space, KPMG, the global professional services firm, announced its plan to lease more than 7 lakh sq-ft office space in Bengaluru. If this happens, this transaction could be the year’s largest absorption of office space this country has [...] Continue Reading »
The Sobha Developers which have been recognized all over Bangalore as leading property developers have come up with a new kind of project which is kind of a resort that has been styled in a luxurious way. This is located near the Electronic City. This is the first project of the builder near the famous [...] Continue Reading »
A magnificent new residential project – called ‘Sobha Valley View’ – has been launched by Sobha Developers Limited in Bangalore. It is at one of Bangalore’s oldest residential communities – Banashankari 3rd stage (South Bangalore) – that the Sobha Valley View luxury residential project is located. The new residential project launched by Sobha Developers is [...] Continue Reading »
Commercial development along the Mysore Road, Bangalore, is apparently set to witness potential growth in the near future, thanks largely to the Mysore Road’s upgraded connectivity in the area via the proposed Metro line and widening of the Sirsi Circle Flyover. The Mysore Road meanders through the southwestern quadrant of Bangalore city, connecting it to [...] Continue Reading »
The Bangalore Development Authority has gone ahead and denotified seven acres of land in the controversial site itself. On Saturday, the allottees association also shot off a letter to the chief minister Siddaramaiah. He happens to be the chairman of BDA and also demands a CBI intervention into the issue of denotification. There are survey [...] Continue Reading »
Sometimes prime property can give you very low returns, in terms of rent. In such a case, you might find it hard to manage the expenditure for basic upkeep, what with such a low rental return. But you can definitely charge a higher rent rate, only if you keep a few real estate essentials in [...] Continue Reading »
Bangalore’s bigwig IT hub, Whitefield, is apparently on the verge of a sea change, as the second phase of the Metro project extends the Metro rail line right up to the area in which the IT hub is located. Whitefield is one of Karnataka’s fastest-growing tech hubs and industrial areas. The IT hub has more [...] Continue Reading »
As per global consultancy firm Knight Frank’s Prime Asia Development Land Index, land price appreciation in Bengaluru has been the second highest among the major Asian cities considered for the study. Land price appreciation in Mumbai turned out to be the highest, with a 35.2% increase over the last couple of years. Bangalore and the [...] Continue Reading »
A prospective special purpose vehicle (SPV) route is being explored by Bangalore-based real estate developer RMZ Corp to expand into other cities. For further expansion, RMZ has apparently set its eyes on Chennai. Moreover, the company is also apparently planning to venture into office space realty by expanding into Mumbai, NCR, and Hyderabad. In fact, [...] Continue Reading »
In the past year or so have you registered a site or building on revenue land in Bangalore outskirts? Just ensure the documents are authentic. In a land-registration racket that has come to light, fraudulent transactions to register properties have been going in many gram panchayats on Bangalore’s periphery using fake assessment register extract (Form [...] Continue Reading »
