Bengaluru, Hyderabad among most expensive real estate markets in India

Bengaluru, Hyderabad among most expensive real estate markets in India

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 ‘twin city’ transport corridor to speed up real estate development 

The ‘twin city’ transport corridor to speed up real estate development 

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 […]

25 lakh property owners in Bengaluru may face hike in tax

25 lakh property owners in Bengaluru may face hike in tax

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 […]

Smart Bangalore – Karnataka govt launch ‘revolutionary’ smart housing project

Smart Bangalore – Karnataka govt launch ‘revolutionary’ smart housing project

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 […]

June 2023 Quarter: Home Prices Dip 1%, Sales Flat in Top 8 Cities – CREDAI Report

June 2023 Quarter: Home Prices Dip 1%, Sales Flat in Top 8 Cities – CREDAI Report

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 rents spike the most in past year; here’s how your city fared

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 Leads The Way As Q1 2023 Sees Robust Growth In Indian Housing Market

Bengaluru Leads The Way As Q1 2023 Sees Robust Growth In Indian Housing Market

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 […]

Panchshil Realty Launches Three-Pronged CSR Initiative to Mitigate Impact of COVID-19

Panchshil Realty Launches Three-Pronged CSR Initiative to Mitigate Impact of COVID-19

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 […]

Blackstone, Salarpuria acquire Coffee Day’s Park for ₹2,500 cr

Blackstone, Salarpuria acquire Coffee Day’s Park for ₹2,500 cr

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 […]