Indiranagar
The UP Housing and Development Board increases rates of its properties annually depending on the demand and supply gap in different areas. The board is decided to increase property rates depending on the type and the location of the property. The board decides to increase 16 percent of properties rates in different districts of UP. [...] Continue Reading »
In the last few months, the retail space in Bangalore witnessed growth with several new malls and large plots been taken over for retail space. Now retailers have been looking to expand their operations to areas where malls are coming up expecting good deals. Areas with lot of malls and outlets of MNC brands are [...] Continue Reading »
Areas which are closed to IT offices and economic zones are witnessing an increase in rental values. But the hike in rental value in Indiranagar is noticeable. There was an increase of 11 percent in rental value last year. Indiranagar is no more a residential area as several commercial establishments have emerged in this locality [...] Continue Reading »
The residential property market in Bangalore saw an absorption of 4,645 units during third quarter against 4,290 units in second quarter. The increase in demand was due to the home buyers shifting towards purchasing a property rather than paying high rents and also due to the improved sales in projects that are about to get [...] Continue Reading »
Bangalore- Nitesh Estates Ltd is planning to raise Rs.400 crore from private equity (PE) firms, for developing residential projects. Nitesh Housing Developers, which is a subsidiary of the company will be raising the big fund. The developer has been planning to launch five new projects of which, two will be luxury residential projects while the [...] Continue Reading »
The under-construction Namma metro in Bangalore has already pushed up the property values. The end-users, developers, realtors- all have been considering the metro as an asset with the construction underway. In the areas through which metro track passes like MG Road, Trinity, Indiranagar and Byppanrahalli, residential property values have witnessed a 15-20 per cent hike [...] Continue Reading »
A construction worker died and other two co-workers suffered injuries in a wall-collapse incident at an under-construction commercial complex near 80 Feet Road, Indiranagar. Mohammad Ashrab Ali, 19 died, while Ali Zaheer-ul, 30, and Yasin Ahmed, 25 injured, were shifted to a nearby private hospital for treatment. The incident took place on vacant land near Tangaiah [...] Continue Reading »
Old Airport Road in Bangalore is one of the important locations for residential complexes in terms of connectivity and proximity to IT parks, malls, hospitals, educational institutes etc. The location is stretched from the junction of Trinity Church Road & Victoria Road to HAL and Marathalli. Lot of residential projects in old airport road are [...] Continue Reading »
It is a known fact that real estate development in the property market has grown around the transit systems successfully. Transit systems enhance the quality of life of the community around it. The real estate development for apartments in Bangalore attracts more investors for the projects along the Metro Rail corridor. People from every strata [...] Continue Reading »
The students come down for studies and work are preferring renting apartment in Bangalore rather than staying in a Paying Guest (PG) accommodation. Few years ago, PG was in high demand as students found it more affordable and comfortable to live in. However, with the time progressing it has been learnt that PG has transformed [...] Continue Reading »
