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 […]
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 […]
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 […]
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 […]
