Koramangala
Siemens, the well-known engineering and electronics company, sold one of its prime plots to Prestige Estates, a Bangalore-based builder. The plot is located on the Koramangala Road in South Bangalore, has an area of 8 acres, and was sold for an amount of Rs. 345 crore. The builder is said to have already paid the [...] Continue Reading »
There seems to be an uptick in the real estate market and the developers are gearing up to launch new residential and commercial projects. Many real estate players are selling off their assets to monetise funds for their on-going projects and reduce the debt burden. In short there is activity in the otherwise sluggish real [...] Continue Reading »
A leading real estate developer in India, Puravankara Projects Limited launched Purva Westend in Bangalore. Puravnkar projects Limited has set a mile stone by selling half a million sqft within 4 days of the project’s launch. This amazing response is due to innovative book building methods adopted by Puravnkara. This method provide customers a chance [...] Continue Reading »
The areas of Koramangala, Sarjapur, HAL, which weren’t yet connected will be covered by 133 km phase 3 of metro. Bangalore Metro Rail Corporation Limited (BMRCL) has begun the ground work for Phase III. RITES, an engineering consultancy firm, will prepare a detailed project report (DPR) one of the five routes proposed under the new [...] Continue Reading »
Koramangala luxury homes that comprises row houses and villas have witnessed 25 percent to 30 percent year on year appreciation and it is unlikely that the prices would come down. Developers of villas in Bangalore are offering modern state of art facilities and amenities generally target high-end clients as their customers base. These villas are [...] Continue Reading »
Commercial real estate sector in Koramangala has attracted large number of real estate developers and builders. Residential buildings in this area are replaced by commercial ones. Koramangala has turned into a commercial hub. From shopping malls to offices, this place is on a commercial high. In the last fiscal, the price for commercial properties has [...] Continue Reading »
It would be surprising for the residents of Bangalore to know that Kammanahalli, a suburban area in Bangalore, is emerging as the fastest growing international holiday market. Previously Indiranagar, Whitefield, Jayanagar and Koramangala were the prime holiday markets of Bangalore, but now Kammanahalli is booming. If sources are to be believed, Kammanahalli has grown in [...] Continue Reading »
Buying a villa in Koramangala is not just enough for the rich people in Bangalore. Although several villas have come up with an approximate price of Rs 11,000 per square feet, there is not much to be done to give character to those living spaces. Koramangala real estate has seen an year on year appreciation [...] Continue Reading »
South Bangalore houses some of the oldest residential localities such as Jayanagar, Chamrajapet and Basavanagudi. A well planned residential layout, Jayanagar, comprises of 10 blocks, has been further extended into J P Nagar, BTM Layout, Banashankari, Uttarahalli, Bellandur, HSR Layout, Electronics City, and Hosur Road. Because growing MNC’s and IT companies in this area, planned [...] Continue Reading »
The demand for serviced apartments in Bangalore are increasing at a fast pace as it offer a wide range of services and amenities like kitchenettes, internet, cable and Wi-Fi connections and more for either short-term or long-term stays. It gives you the experience of staying at a home away from home. Rising costs and inflation [...] Continue Reading »
