Tata Realty and Infrastructure Ltd (TRIL), the real estate arm of the Tata Group, acquired a 25.3-acre land parcel in Bengaluru’s Doddanekundi near Whitefield in August 2023 for over Rs 986 crore. This deal, executed through TRIL’s wholly-owned subsidiaries TRIL Bengaluru Real Estate Five Ltd and TRIL Bengaluru Real Estate Six Ltd, marked one of […]
Bengaluru, August 2023: Bengaluru’s residential real estate market continues to inspire confidence among homebuyers and investors, with industry expert Ashwinder R Singh arguing that the city remains one of India’s most resilient housing destinations despite recent quarterly fluctuations in sales. Market outlook and demand drivers Singh, CEO – Residential at Bhartiya Urban in Bengaluru and […]
Popular Upcoming Areas In Bengaluru For Investment Investing in Bengaluru presents an enticing opportunity due to its thriving economy and robust real estate market. The city has established itself as a global IT and technology hub, attracting leading companies and talented professionals. With a steady influx of job opportunities and a growing population, the demand […]
Real estate demand in southern cities like Bengaluru, Chennai, and Hyderabad showed resilience in early 2023, contrasting with challenges in Mumbai influenced by macroeconomic pressures such as rising interest rates. A Knight Frank report for January-March 2023 highlighted stable national residential sales at 79,126 units, up 1% year-over-year, driven by mid-to-premium segments. Southern Cities Lead […]
Bengaluru and Hyderabad were identified among India’s most expensive residential markets in an affordability study that showed rising EMI burdens and declining homebuyer affordability in key metros. Bengaluru ranked as the fourth most expensive real estate market, while Mumbai and Hyderabad were found to be the costliest, with Delhi-NCR also featuring prominently among the high-cost […]
The article can focus on how major “twin city” transport corridors in and around Bengaluru are transforming fringe locations into high‑growth real estate belts, using the Bengaluru–Mysuru Expressway as the primary reference and linking it to other emerging twin‑city narratives in India. Context: Twin city corridors Bengaluru–Mysuru Expressway impact Land values and development patterns Social […]
Over 25 lakh property owners in Bengaluru were likely to face a steep hike in property tax in 2023–24, with the Bruhat Bengaluru Mahanagara Palike (BBMP) pushing a proposal to raise rates to boost its revenues. The move was aimed at closing the civic body’s funding gap for infrastructure and services, but sparked concern among […]
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% […]
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 […]
Blackstone and Salarpuria Sattva completed the acquisition of Coffee Day Enterprises’ Global Village Tech Park in Bengaluru for ₹2,500 crore in March 2020, marking a pivotal deal amid the company’s financial distress. Deal Background Coffee Day Enterprises, reeling from founder V.G. Siddhartha’s suicide in July 2019 and mounting debts, approved the sale of the 90-acre […]