Bangalore Real Estate Company, through its Smart Bangalore Infrastructure initiative, has joined hands with the Karnataka State Government Employees Housing Co‑operative Society Ltd to launch a large-format smart housing project on the outskirts of Bengaluru, near Rajanakunte (Surdenpura). Announced in early July 2023, the project promises a blend of affordable housing, intelligent infrastructure and sustainable […]
Heritage city turning growth hub Mysuru is Karnataka’s second largest city and long known for its palaces, tourism and cultural heritage, which give it a strong lifestyle appeal for end‑users and retirees. This softer image is now layered with new economic drivers such as IT, education and manufacturing, creating a broader base of end‑user housing demand. The […]
Bengaluru, June 30, 2023 – India’s residential real estate market across the top eight cities experienced a mild cooldown in the April-June quarter, with home prices dipping by 1% and sales volumes remaining largely stagnant, according to the latest Housing Price-Tracker Report from CREDAI-Colliers-Liases Foras. Key Market Indicators Unsold inventory edged up marginally by 1% […]
Bengaluru’s rental market saw the sharpest spikes in the year leading up to April 2023, outpacing other major Indian cities amid post-pandemic demand surges. Reports from NoBroker and Anarock highlight hikes exceeding 30% in key areas like Whitefield and Sarjapur Road. This article recaps the trends as observed then, with visuals for clarity. Bengaluru Leads […]
Bengaluru emerged as the clear frontrunner of India’s housing boom in Q1 2023, leading sales volumes among the top seven cities as the residential market hit a 15‑year high in quarterly performance. Robust end‑user demand, resilient IT-led employment and improving affordability helped the city consolidate its position as the country’s most stable and absorption‑driven housing […]
Catherine Chen sits down with Saurabh Shatdal and Somy Thomas to explore the growth opportunities in the Indian commercial real estate markets Catherine: India is forecast to see GDP to grow by around 10% this year. What are the primary economic drivers and how will this impact commercial real estate investment in India? Saurabh: One of the […]
Strong rebound in Q4 2020 Seven key cities share the momentum Factors driving the revival New launches and inventory trend City highlights and outlook
WeWork India launched two new co-working centres in Mumbai and Bengaluru on September 8, 2020, adding 4,350 desks to meet surging demand for flexible workspaces. These centres, spanning 1.15 lakh sq ft, underscore the coworking sector’s growth amid India’s startup and corporate expansion. Centre Details The Mumbai facility at Nesco IT Park offers 3,400 desks, […]
Brigade Group, officially Brigade Enterprises Limited, announced its Q4 FY20 and full-year FY20 financial results in June 2020, revealing significant challenges amid the early COVID-19 disruptions. The Bengaluru-based real estate developer reported a sharp 115% drop in Q4 net profit to Rs 11 crore, primarily due to accounting standard changes under Ind AS 115. Despite […]
Panchshil Realty, a leading real estate developer in Pune, launched a three-pronged CSR initiative through its Panchshil Foundation in April 2020 to address the severe impacts of the COVID-19 lockdown on daily wage earners and frontline workers. This effort focused on immediate food relief, community education, and medical protection amid widespread economic halt. Food Hamper […]
