Real Estate in Bangalore
Smart living is adding competitiveness to the apartments in Bangalore. The developers are constructing more smart homes to attract home buyers for the new upcoming projects in Bangalore. Recently launched project Sobha Habitech by Sobha Developer is a major example of Smart Homes in Bangalore. According to the builders the smart home is the one [...] Continue Reading »
The state government of Karnataka has approved the implementation of the Urban Property Ownership Record (UPOR) program in Bangalore. With this initiation, the government is expecting to control the fraudulent activities related to property transactions. According to the records, there are 16 lakh assessed properties, while the officials are expecting another 4 to 5 lakh [...] Continue Reading »
Private equity firms Blackstone and KKR are in talk with UB Holdings for buying the UB City. It is being said that the office real estate of the UB City may be sold at a price of Rs 650 crore. The higher officials of UB group are refused to comment on the development. The UB [...] Continue Reading »
Real estate in Bangalore city is nothing but a roller-coaster ride! On one end the sale of apartments in Bangalore is decreasing and on the other end demand for luxury housing in increasing. In simple words, today’s Bangalore realty is un-predictable! It’s no more Koramangala, Jayanagar and Indiranagar areas which are witnessing real estate growth. Surprisingly, the Bangalore [...] Continue Reading »
SLN Classic Hallmark is one of the best available ready to occupy apartment in the Outer Ring Road of Marathalli area. The apartment is easily accessible to IT Hubs like Intel, Symphony, Accenture, Cissco, Nokia, Cessna Tech Park and Prestige Tech Park. The Outer Ring road connects all major highways around the city like the [...] Continue Reading »
This comes as a surprising news for the citizens of Bangalore. The residential real estate in Bangalore has touched peak! Go round any corner of Bangalore city, the standard apartment price is Rs 33,000 per sqft. To prove the same, an high-end residential apartment at at Kingfisher Towers on Vittal Mallya Road has recorded the [...] Continue Reading »
The Bangalore Development Authority (BDA) ordered to check the No objection certificate for the apartments during registration of properties in Bangalore. It is reported that there are thousands of apartments and sites are being constructed in unauthorized layouts. However the department of stamps and registration replied that, according to the registration rules of the state [...] Continue Reading »
Bangalore is called the silicon valley for the IT industry in India. The demand for office space is increasing rapidly in Bangalore. A demand for 3.6 million sq. ft. office space in recorded in the first quarter of 2012. According to a research agency, the demand for office space in the country has been reduced, [...] Continue Reading »
With the rising price for apartments, residents of Bangalore are opting to rent an apartment in Bangalore. The increasing demand for rental apartment results in rise of rental rate. It is observed that the cost of renting has been increased by 20% in the last 12 months. In Bangalore the apartments in Brookfield saw about [...] Continue Reading »
The real estate industry is already under tremendous pressure due to high interest rate, increasing input cost and overall low sale ratio. The new concern for the builders in metro cities are the acute shortage of labour. The real estate in Mumbai, Hyderabad, Chennai, Bangalore are hit hard by the shortage of labour. Analysts says [...] Continue Reading »
