properties in Bangalore
The new concept of ‘group buying’ is fast catching up with the home buyers in the city. Around 10-12 like minded families come together and approach a real estate developer for booking apartments. This helps in a better bargaining position for the home buyers. Group buying helps buyers to have higher discount while buying properties. [...] Continue Reading »
Mahadevapura which is located near the commercial hubs Whitefield and Brookfield has witnessed 20 percent capital appreciation during the October-December’12 quarter. The properties are now available at between Rs 4,500 to Rs 5,000 per sq ft which was available at Rs 3,500-4,000 per sq ft, according to the real estate brokers of that area. The [...] Continue Reading »
The Bangalore based real estate developer, Prestige Group is planning to spread out their real estate business in 2013. A higher official of Prestige group believes that there are many areas in Bangalore which are fast approaching saturation because of infrastructural constraints. One can expect improvement and increased development in selected areas in Bangalore including townships in [...] Continue Reading »
In the past few months, Begur Road in Bangalore has witnessed a substantial growth in the real estate prices. The area is fast growing to be a hot property destination for the IT crowd. The average price recorded in the area was Rs 2,942 per sq ft, an impressive increase of 21 percent since the [...] Continue Reading »
Bangalore- Most of the properties owned by the Bruhat Bengaluru Mahanagara Palike (BBMP) are either leased out at a much lesser rate than the actual market rate or have been used in violation of norms. An inspection of such properties was carried out by Bangalore Mayor D Venkatesh Murthy during which he found out that [...] Continue Reading »
Bangalore : Real estate developer, Mantri Realty is to develop three new projects in Maharashtra, Karnataka and Pune with an investment up to Rs 750 crore. The projects will be launched next year. Sunil Mantri, the chairman of the company said that the Pune project will be a luxury housing project with 2 and 3 BHK apartments [...] Continue Reading »
With the Kingfisher Tower setting capital values benchmark of Rs. 30,000 per sq ft in the super luxury segment, Bangalore’s luxury residential market has witnessed a drastic change, said Jones Lang LaSalle India. According to JLL report, the residential property capital values have increased by 25% from mid-2009. At present, the absorption of residential spaces [...] Continue Reading »
Residential property sales across Bangalore have dropped up to 40 per cent in April-June quarter as compared to the peak of Q4 2012. The city’s realty markets, where real estate sales are largely driven by IT clientele (60-65 per cent), have been going through a sluggish period. According to Karvy Institutional Research, a brokerage firm, [...] Continue Reading »
Bangalore’s real estate is growing exponentially with the support of the IT boon. Several areas of extended part of Bangalore are growing in terms of the realty projects in Bangalore. Marathalli and Whitefield are such area where the real estate has grown rapidly. As on date approximately 20 million sq. ft of commercial and retail [...] Continue Reading »
Patel Engineering Ltd has planned to invest Rs 2,025 crore in development work and in integrated township project in Bangalore. The entire proposed project will be coming up in Electronics City in Bangalore. On the Global Investors Meet (GIM) in Bangalore, the company signed a memorandum of understanding (MoU) with the government of Karnataka that [...] Continue Reading »
