Brigade Enterprises arm acquires 5 acres in Bengaluru for Rs 123 crore, plans Rs 800 crore residential project
Realty firm Brigade Enterprises Ltd on Friday (September 15) said its wholly owned subsidiary Brigade Tetrarch Private Ltd has acquired 5 acres of land parcel in Bengaluru for Rs 123.50 crore From Bangalore Ceramics “We…
MC Explains: With rentals in Hyderabad hitting the roof, is the city’s real estate sector going the Bengaluru way?
Aakanksha Tripathi, who recently moved to Hyderabad on work in August, has been hopping apartments. “Every time either the landlord increases the rent (with several excuses like increased electricity charges) or simply asks me to…
MC Exclusive: Century Real Estate to launch 7 million sq ft business park in Bengaluru
Bengaluru-based real estate developer Century Real Estate plans to invest Rs 3,400 crore to launch 9 million square feet (msf) of projects, including office spaces and residential launches, in Bengaluru with a potential revenue of…
ED attaches Bengaluru real estate company’s Rs 300-crore assets
The Enforcement Directorate (ED) said on Friday it had provisionally attached assets worth Rs 300 crore of the Mantri Group, a real estate company that allegedly cheated homebuyers in Bengaluru. The ED said that a…
Bengaluru’s techies and entrepreneurs invest in real estate as property rates fall
Tejaswi, a 30-year-old scientific analyst, who works for a biotech company in Bengaluru is all set to buy a 2-bedroom apartment inside a gated community in Kengeri for Rs 42 lakh. He is even obtaining…
Tata Realty buys 25-acre land parcel in Bengaluru for Rs 986 crore
Tata Realty and Infrastructure Ltd (TRIL), the Tata Group’s real estate development arm, has bought 25.3 acre of land in Bengaluru for Rs 986 crore, according to an August 8 regulatory filing. The seller is…
Amidst soaring rentals, Bengaluru residents contemplate house purchase vs renting
On the back of soaring rentals, Bengaluru residents are advocating the purchase of a house versus renting it. However, switching to home purchase involves dwelling upon the home loan EMIs, which may rise henceforth given…
Lack of parking facilities depreciate real-estate assets in Bengaluru
The rental and capital values of apartments that lack parking spaces have dropped by 15-20 percent, brokers in Bengaluru said. Additionally, a lack of parking space by the local municipality body forces people to park…
Real estate market in Bengaluru holds great promise: Ashwinder R Singh
In an interaction with Sanjeev Sinha, Mr Ashwinder R Singh, CEO of Residential at Bhartiya Urban in Bengaluru and a bestselling author, shares his views on the future prospects of India’s real estate sector and…