New infra corridors spark a flurry of land deals in the Bengaluru real estate market in 2024
1 week, 2 days ago

New infra corridors spark a flurry of land deals in the Bengaluru real estate market in 2024

Hindustan Times  

Post-Covid, Bengaluru has become a bustling metropolis, with several MNCs and startups constantly expanding their commercial portfolio. Here are the top 5 land deals transacted in the Bengaluru real estate market 1) In July, Bengaluru-based real estate developer Puravankara Ltd acquired a 7.26-acre land parcel in the Hebbagodi suburb of Bengaluru to develop a luxury residential project worth over ₹900 crore. 2) In April, Sumadhura Group, a real estate developer active in South India, said that it has acquired 40 acres in Bengaluru for approximately ₹800 crore, setting the stage for a revenue potential of up to ₹6000 crore residential project pipeline to cater to the demand for housing units in Bengaluru. 3) In September 2024, another real estate developer, Emerald Haven Realty Ltd, closed land acquisitions in Bengaluru with a booking value potential of ₹600 crore. 5) Last but not least, Bengaluru-based real estate developer Concorde acquired a 1.6-acre land parcel on the city’s Sarjapur Road in June this year to construct a premium high-rise residential complex with a revenue potential of ₹200 crore.

India Bengaluru Land Deals Crore Real Residential Acres Estate Market Land Deals North Bengaluru Six Major Cities  land  estate  market  crore  deals  bengaluru  infra  approximately  spanning  spark  residential  real  flurry  corridors  north  acres

History of this topic

Bengaluru real estate: Brigade Group to develop residential project in Whitefield for ₹2700 crore
4 days, 5 hours ago

Bengaluru real estate: Brigade Group to develop residential project in Whitefield for ₹2700 crore

Hindustan Times  

Bengaluru-based listed real estate developer Brigade Group has signed an agreement to develop a residential land parcel on Whitefield-Hoskote Road with a development potential of ₹2700 crore, the company said on January 3. Bengaluru-based listed real estate developer Brigade Group has signed an agreement to develop a residential land parcel on Whitefield-Hoskote Road, Bengaluru with a development potential of ₹ …

Year-ender 2024: Top luxury housing deals in Bengaluru that had the IT city going the Mumbai way
2 weeks, 1 day ago

Year-ender 2024: Top luxury housing deals in Bengaluru that had the IT city going the Mumbai way

Hindustan Times  

While Mumbai has long witnessed ultra-luxury real estate transactions, some worth as high as ₹100 crore, Bengaluru is fast catching up with demand for upscale residential properties. While Mumbai has long witnessed ultra-luxury real estate transactions, some worth as high as ₹ 100 crore, Bengaluru is fast catching up with demand for upscale residential properties. Top residential deals in Bengaluru …

Year-ender 2024: Bengaluru sees a surge in office demand. A look at 5 mega commercial transactions
2 weeks, 2 days ago

Year-ender 2024: Bengaluru sees a surge in office demand. A look at 5 mega commercial transactions

Hindustan Times  

Bengaluru was one of India's leaders in commercial real estate transactions in 2024, with notable activity in office space, flex office space, and retail leasing. 2) JP Morgan Services India Private Limited leased 5.6 lakh square feet of office space in Bengaluru's Embassy TechVillage for over seven years at a starting monthly rent of ₹4.47 crore. 3) For a monthly …

Bengaluru real estate market: Here's why several high-rise apartments in North Bengaluru's Jakkur are getting delayed
3 weeks ago

Bengaluru real estate market: Here's why several high-rise apartments in North Bengaluru's Jakkur are getting delayed

Hindustan Times  

The handover of apartments in several high-rise projects in North Bengaluru's Jakkur area has been delayed for the past two years due to a no-objection certificate from the flying training school nearby not coming through. The handover of apartments in several high-rise projects in North Bengaluru's Jakkur area has been delayed for the past two years due to the objection …

Assets mortgaged for Bengaluru tunnels while Siddaramaiah firm on Wayanad homes
3 weeks, 6 days ago

Assets mortgaged for Bengaluru tunnels while Siddaramaiah firm on Wayanad homes

India Today  

The Bruhat Bengaluru Mahanagara Palike plans to pledge its properties to raise Rs. This comes at a time when Chief Minister Siddaramaiah, in a letter dated December 9, reiterated Karnataka’s commitment to building 100 houses for Wayanad landslide victims, drawing fire from the BJP. The project involves constructing 3-lane twin underground tunnels connecting Hebbal’s Esteem Mall Junction to Silk Board’s …

Bengaluru real estate market: Areas where you can rent an apartment for less than ₹30,000 per month
4 weeks, 1 day ago

Bengaluru real estate market: Areas where you can rent an apartment for less than ₹30,000 per month

Hindustan Times  

Bengaluru’s rentals may have hit the roof, but there are still a few areas in the city where one can find apartments for less than ₹30,000 a month. Outskirts of JP Nagar Local brokers say that several apartments, such as Phase 6 or Putennnahalli, are available for under ₹30,000 monthly on the outskirts of JP Nagar. While local brokers say …

Bengaluru to get second international airport soon as 6,000 acres of land finalised after ground survey
1 month ago

Bengaluru to get second international airport soon as 6,000 acres of land finalised after ground survey

India TV News  

The city of Bengaluru is going to get the second international airport soon as 6,000 acres of land has been finalised after the ground survey, reports said. According to a report by OneIndia.com, the Karnataka state government has identified a 6,000-acre land near the Nelamangala-Kunigal National Highway 75 for the proposed second airport near Bengaluru. A special team comprising environmental …

Bangalore and Hyderabad: Leading India’s Real Estate Surge
4 months ago

Bangalore and Hyderabad: Leading India’s Real Estate Surge

The Hindu  

Tech cities like Bangalore and Hyderabad, are seeing massive market growth in 2024 in the real estate landscape of India. A Report on Bangalore and Hyderabad Real Estate Surge by Anarock: It has been reported by Anarock that the demand for housing in Bengaluru and Hyderabad has surged by more than 80 percent in certain areas since the year 2020. …

Bengaluru's top real estate deal: Residential property sells for ₹47 crore in Indiranagar
4 months, 1 week ago

Bengaluru's top real estate deal: Residential property sells for ₹47 crore in Indiranagar

Hindustan Times  

In a high-end real estate transaction in Bengaluru's Indiranagar locality, a residential property has been sold for ₹47.5 crore, property registration documents accessed through proptech platform Zapkey showed. Bengaluru real estate: Residential property sells for ₹ 47 crore in Indiranagar As per details cited in the said documents, the 8,800-square feet land parcel housing an independent residential unit spanning a …

Bengaluru Tops Indian Real Estate: Q2 2024 Sales Report
5 months, 1 week ago

Bengaluru Tops Indian Real Estate: Q2 2024 Sales Report

The Hindu  

Bengaluru tops Indian real estate in q2 2024 on the sales and launches front. Notably, however, the total unit launches in the first half-yearly period of 29,153 units have already crossed 60 percent of the maximum unit launches recorded in a year, the report explained on Bengaluru tops Indian real estate in Q2 2024. At the same time, it was …

Despite several real estate project launches on the anvil, property prices unlikely to moderate in Bengaluru: Experts
5 months, 3 weeks ago

Despite several real estate project launches on the anvil, property prices unlikely to moderate in Bengaluru: Experts

Hindustan Times  

In a bid to capitalize on the booming demand for home ownership amongst upper middle-class and rich Indians, several real estate developers have recently concluded a flurry of land deals in Bengaluru. Despite several launches on the anvil, residential property prices are unlikely to moderate in Bengaluru, industry players say “If you compare prices in the same quality of housing …

Bengaluru top choice for non-resident Indians eyeing budget and mid-segment homes
5 months, 3 weeks ago

Bengaluru top choice for non-resident Indians eyeing budget and mid-segment homes

Hindustan Times  

Bengaluru has held on to its status as the top choice for non-resident Indians looking to invest in India’s residential real estate market, especially those eyeing budget and mid-segment housing, data sourced from multiple consultancy firms by HT.com showed. Bengaluru holds on to its status as the top choice for non-resident Indians eyeing budget and mid-segment homes The city’s pleasant …

Karnataka govt considering 6 locations for 2nd airport for Bengaluru: Minister
5 months, 4 weeks ago

Karnataka govt considering 6 locations for 2nd airport for Bengaluru: Minister

The Hindu  

The Karnataka government will need to acquire 3,000 to 5,000 acres of land for setting up a new international airport as big as Kempegowda International Airport in north Bengaluru with a capacity to handle 100 million passengers per annum, according to Large and Medium Industries and Infrastructure Development Minister M.B. KIA’s capacity Responding to media queries at Vidhana Soudha in …

Puravankara acquires 7-acre land parcel in Bengaluru to develop housing project worth ₹900 crore
6 months ago

Puravankara acquires 7-acre land parcel in Bengaluru to develop housing project worth ₹900 crore

Hindustan Times  

Bengaluru-based real estate developer Puravankara Ltd has acquired a 7.26-acre land parcel in the Hebbagodi suburb of Bengaluru to develop a luxury residential project worth over ₹900 crore, the realty player said in a statement on July 2. Puravankara Ltd acquires 7-acre land parcel in Bengaluru to develop a housing project worth ₹ 900 crore The high-end housing project will …

Bengaluru real estate: Here's a look at 5 areas in the city where techies prefer to rent property
6 months ago

Bengaluru real estate: Here's a look at 5 areas in the city where techies prefer to rent property

Hindustan Times  

In what is good news for Bengaluru’s IT professionals, especially those settled in the southern part of Electronic City, Tamil Nadu Chief Minister MK Stalin recently announced the construction of a new airport in the border city of Hosur. Bengaluru real estate: Many techies with jobs in Electronic City reside in Hosur which offers cheaper housing options and faster connectivity …

Godrej Properties acquires a 7-acre land parcel in Bengaluru to construct a housing project worth ₹1,200 crore
6 months, 1 week ago

Godrej Properties acquires a 7-acre land parcel in Bengaluru to construct a housing project worth ₹1,200 crore

Hindustan Times  

Real estate developer Godrej Properties has acquired a 7-acre land parcel in Bengaluru to build a luxury housing project with an estimated revenue potential of ₹1,200 crore, the company said in a regulatory filing on July 1. Godrej Properties acquires 7-acre land parcel in Bengaluru to construct a housing project worth ₹ 1,200 crore The development on this land in …

Top Emerging Areas for Real Estate Investment in Bangalore
6 months, 2 weeks ago

Top Emerging Areas for Real Estate Investment in Bangalore

The Hindu  

Bengaluru’s real estate investment has enjoyed great prosperity due to the IT industry that is rapidly growing in this city over the past few decades. Flats for Sale in Indiranagar, Bangalore is, Godrej Athena, Brigade Cornerstone Utopia Property prices in Indira Nagar: Average property price : Rs 13,200 Monthly Rentals: Rs 23,000 onwards Top 10 Emerging Areas For Real Estate …

Sumadhura Group acquires 40 acres of land in Bengaluru for ₹800 crore; to develop four housing projects
8 months, 2 weeks ago

Sumadhura Group acquires 40 acres of land in Bengaluru for ₹800 crore; to develop four housing projects

Hindustan Times  

Sumadhura Group, a real estate developer active in South India, has said that it has acquired 40 acres in Bengaluru for approximately ₹800 crore, setting the stage for a revenue potential of up to ₹6000 crore residential project pipeline to cater to the demand for housing units in Bengaluru. The four land parcels acquired recently, are a combination of both …

Bengaluru-based real estate firm Concorde acquires 4.5 acre land for ₹100 crore
9 months, 1 week ago

Bengaluru-based real estate firm Concorde acquires 4.5 acre land for ₹100 crore

Hindustan Times  

Bengaluru-based real estate developer, Concorde, has acquired 4.5 acre land for ₹100 crore in Thanisandra, a micro market of North Bengaluru to develop a residential project with a revenue potential of ₹400 crore. The company plans to develop a residential project on this land parcel with a revenue potential of around ₹400 crores. "This project is part of our plan …

Shapoorji Pallonji Real Estate eyes ₹500 cr revenue from new project in B'luru
10 months, 1 week ago

Shapoorji Pallonji Real Estate eyes ₹500 cr revenue from new project in B'luru

Hindustan Times  

Shapoorji Pallonji Real Estate has launched 180 luxury apartments in its project in Bengaluru with a saleable area of 4.3 lakh square feet and is eyeing a revenue potential of almost ₹500 crore, the company said. Shapoorji Pallonji Real Estate has launched 180 luxury apartments in its project in Bengaluru with a saleable area of 4.3 lakh square feet The …

Growing metro network puts new areas of Bengaluru on map of desirable real estate
11 months, 1 week ago

Growing metro network puts new areas of Bengaluru on map of desirable real estate

The Hindu  

For Rushank D., a marketing employee of a firm in Whitefield in east Bengaluru, proximity to the city’s metro rail stations was an important criterion while looking for a house to buy. ‘Walk to work’ Digbijay Das, Director, Valuation Services, Colliers India, said real estate development — both commercial as well as residential — is expected to be concentrated along …

NHAI unit signs ₹1,770 crore deal for multi-modal logistics park in Bengaluru
1 year, 3 months ago

NHAI unit signs ₹1,770 crore deal for multi-modal logistics park in Bengaluru

Hindustan Times  

A National Highways Authority of India unit, called the National Highways Logistics Management Ltd, has inked a ₹1,770 crore deal to establish a “multi-modal logistics park” in Bengaluru, a press release from the Ministry of Road Transport and Highways said. The project will be spread across 400 acres in Bengaluru rural district, and will be the largest ever project under …

At least 59 land deals totalling 2,018 acres closed so far this year: Report
1 year, 4 months ago

At least 59 land deals totalling 2,018 acres closed so far this year: Report

Hindustan Times  

At least 59 land deals have been struck involving 2,018 acres so far this year across the country for the development of real estate projects and industrial purposes, according to Anarock. "Our latest research indicates that as many as 59 separate land deals for over 2,018 acres have been closed across the country between January to August 2023," Anuj Puri, …

Why North Bengaluru is booming
1 year, 5 months ago

Why North Bengaluru is booming

The Hindu  

When Vandana Swaminathan moved from Mumbai to Bengaluru, back in 2017, she was very clear about one thing: she did not want her daily commute to her office to be a hassle. “North Bengaluru is rapidly emerging as the new commercial centre of the city, attracting numerous research and development, aerospace, automobiles, and pharmaceutical companies to establish their operations in …

Bengaluru's North-West Region: Soaring As A Secondary Business Hub, Reveals Study
1 year, 7 months ago

Bengaluru's North-West Region: Soaring As A Secondary Business Hub, Reveals Study

News 18  

Lower occupancy, accessibility, connectivity and future development opportunity is driving the growth of commercial real estate in north-west Bengaluru which includes areas of Malleshwaram, Rajajinagar, and Peenya, said a recent study by Meraqi Research. Metro rail connectivity, express way, wide roads, good drainage and connectivity to various business districts are prime reasons for growth of commercial real estate in the …

Bengaluru Civic Body Presents Rs 11,157.83 Cr Budget for 2023-24, Focus on Mega Infra Push
1 year, 10 months ago

Bengaluru Civic Body Presents Rs 11,157.83 Cr Budget for 2023-24, Focus on Mega Infra Push

News 18  

The Metropolitan Bengaluru Municipal Corporation administration on Thursday presented a budget of Rs 11,157.83 crore for the year 2023-24, giving a push to improve infrastructure with focus on easing traffic congestion, building grade separators, white topping of roads and better connectivity. Calling it an ‘Atma Nirbhar Budget’, the Bruhat Bengaluru Mahanagara Palike Special Commissioner Jayaram Rayapura said, “While the total …

Mahindra Lifespace acquires 4.25 acres of land parcel in Bangalore
1 year, 11 months ago

Mahindra Lifespace acquires 4.25 acres of land parcel in Bangalore

Business Standard  

Mahindra Lifespace acquires 4.25 acres of land parcel in Bangalore The project is located just off Hosur Road and offers access to well-developed social infrastructure with educational institutes, healthcare facilities, and retail avenues in proximity Premium The land is in close proximity to India’s largest IT and Electronics hub - Electronics City Pratigya Yadav New Delhi The real estate and …

North Bengaluru is joining the luxe club
2 years, 1 month ago

North Bengaluru is joining the luxe club

The Hindu  

If past statistics are anything to go by, India’s luxury housing market has remained largely insulated from a slowdown. When it comes to the luxury market in Bengaluru, the epicentre of growth has been North Bengaluru, home to global investments and luxury lifestyles. According to a report by Knight Frank, North Bengaluru recorded the fastest sales growth of 134% Y-o-Y …

Godrej Properties acquires 7-acres land parcel in Bengaluru. Details here
2 years, 3 months ago

Godrej Properties acquires 7-acres land parcel in Bengaluru. Details here

Live Mint  

Mumbai: Godrej Properties Ltd. today announced that it has acquired a land parcel that is strategically located in the immediate vicinity of Indiranagar and is close to the Old Airport Road and within the Outer Ring Road limits. Spread across approximately 7-acres, the project is estimated to have a developable potential of approximately 0.6 million square feet of saleable area …

Housing prices in Bengaluru up by 4% in April-June quarter: Report
2 years, 4 months ago

Housing prices in Bengaluru up by 4% in April-June quarter: Report

Hindustan Times  

The square foot price of residential housing in Bengaluru increased by four per cent to ₹7,848 in the April to June quarter as compared to last year. Housing prices in Bengaluru returned pre-pandemic levels by rising four per cent in the second quarter, making it the highest price in three years. Below is a table detailing the increase in housing …

Over 9,500 trees, buildings to make way for Bengaluru-Chennai Expressway
2 years, 7 months ago

Over 9,500 trees, buildings to make way for Bengaluru-Chennai Expressway

The Hindu  

Over 9,500 trees, including 1,437 coconut trees, and 550 structures such as houses and farm wells will make way for the ₹5,964-crore Bengaluru-Chennai Expressway, covering 31 villages in Vellore and Ranipet districts. Officials said in Tamil Nadu, phase-I would start from three villages— Mahimandalam, Melpadi and Veppalai in Katpadi taluk near Vellore. The remaining 28 villages comes under Ranipet district, …

Godrej Properties to develop a 33-acre residential project in South Bengaluru
2 years, 9 months ago

Godrej Properties to develop a 33-acre residential project in South Bengaluru

Live Mint  

Godrej Properties Ltd on Monday announced that it has entered into an agreement to develop a 33-acre land parcel in Bengaluru and expects around ₹2,000 crore revenue from this upcoming residential project. “Bannerghatta Road is one of the established residential locations in South Bengaluru and has excellent connectivity to the Bannerghatta Main Road and the IT/ITES belt in Electronic City. …

Bengaluru among 10 cities to attract maximum cross-border investments in Asia Pacifc: CBRE
5 years, 6 months ago

Bengaluru among 10 cities to attract maximum cross-border investments in Asia Pacifc: CBRE

India TV News  

Bengaluru entered the list of top 10 cities that attracted maximum cross-border investments in Asia Pacific for the first time as it receiving over USD 1.6 billion last fiscal, according to property consultant CBRE. India was among the top five preferred markets in APAC with the launch of the first Real Estate Investment Trust and the resulting improved market transparency, …

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