Bengaluru homebuyers struggle with affordability crisis as mid-end housing launches fall by 29%, says NoBroker report
2 weeks ago

Bengaluru homebuyers struggle with affordability crisis as mid-end housing launches fall by 29%, says NoBroker report

Hindustan Times  

As real estate developers increasingly focus on high-margin luxury projects, budget-conscious buyers face growing challenges to homeownership. The launch of mid-end housing projects, with properties priced between ₹40 lakh and ₹80 lakh, in Bengaluru dropped by 29% in 2024, according to a report by NoBroker. The launch of mid-end housing projects, with properties priced between ₹ 40 lakh and ₹ 80 lakh, in Bengaluru dropped by 29% in 2024, according to a report by NoBroker. In 2023, Bengaluru saw 15179 new launches in the mid-end segment, with a 29% share of the total launches, which dropped to 14876 in 2024, comprising 22% of the share, data from NoBroker showed. Developers favoured luxury properties in 2024 The report added that new launches in the luxury segment—properties priced above ₹1.5 crore—expanded significantly, increasing from 29% in 2023 to 34% in 2024.

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Housing sales drop 23%, supply falls 34% in top 9 cities in Q1 2025: PropEquity
4 days, 20 hours ago

Housing sales drop 23%, supply falls 34% in top 9 cities in Q1 2025: PropEquity

Live Mint  

New Delhi, March 23 : The housing market continued its downward trend with housing sales in India's top nine cities falling by 23 per cent while supply declined by a whopping 34 per cent in Jan-March of 2025, said a report by data analytics firm PropEquity. Housing supply, on the other hand, stood at 80,774 units in Q1 2025 as …

Bengaluru rentals stay high as landlords capitalize on return-to-office demand, but tenants remain wary
1 week ago

Bengaluru rentals stay high as landlords capitalize on return-to-office demand, but tenants remain wary

Hindustan Times  

A Bengaluru landlord's refusal to lower the ₹23,000 rent for a room in a 3BHK near Whitefield recently backfired, leaving the property vacant for five months and causing a loss of over ₹1 lakh. In this case, a Bengaluru landlord's refusal to lower the ₹23,000 per month rent was deemed too high by potential tenants, leaving the room vacant for …

Bengaluru IT jobs crisis: Redditors debate impact on real estate market as techies rethink housing investments
Trending News
1 week, 1 day ago

Bengaluru IT jobs crisis: Redditors debate impact on real estate market as techies rethink housing investments

Hindustan Times  

Bengaluru’s real estate market, once fueled by the booming IT sector, is reportedly showing signs of strain. The discussion centred on whether it’s the right time for IT professionals to invest in real estate or if they should reassess their financial priorities amid economic uncertainty. While some Redditors expressed concerns about job insecurity and mortgage commitments, others argued that delaying …

Bengaluru’s real estate market faces strain amid IT layoffs and AI push; Reddit user asks, ‘Who’s left to buy?’
1 week, 1 day ago

Bengaluru’s real estate market faces strain amid IT layoffs and AI push; Reddit user asks, ‘Who’s left to buy?’

Live Mint  

The real estate market in India's IT hub Bengaluru has slowed down, a Reddit user claimed, citing reasons such as layoffs, less hiring, boost of AI and ‘silent recession’. The user highlighted that the Bengaluru real estate market majorly depends on the IT industry. Additionally, the demand for real estate has been impacted by less investment by NRIs, and senior …

Bengaluru real estate market: Will it mirror Mumbai’s footsteps? Netizens weigh in
1 week, 2 days ago

Bengaluru real estate market: Will it mirror Mumbai’s footsteps? Netizens weigh in

Hindustan Times  

As Bengaluru's property prices continue to rise, discussions on Reddit have sparked comparisons to Mumbai's real estate market’s trajectory, with many speculating whether the city will follow a similar boom-and-stabilization pattern. While some believe Bengaluru is still in a high-growth phase, others point to the city's potential price plateau, much like Mumbai’s market after years of rapid appreciation. Mumbai versus …

Bengaluru man says Rs 1.5 lakh/month not enough: 'Everything is super inflated'
Trending News
1 week, 3 days ago

Bengaluru man says Rs 1.5 lakh/month not enough: 'Everything is super inflated'

India Today  

Earning Rs 1.5 lakh a month may seem like a dream to many, but for a Bengaluru resident on Reddit, the reality is quite different. I earn about Rs 1.5 lakh per month and have my family and an EMI to take care of in my hometown. I save up some money each month, let's say about 30-40k.” He mentioned …

Bengaluru's municipal corporation achieves 88% of property tax revenue target, issues 2.25 lakh e-Khatas
1 week, 3 days ago

Bengaluru's municipal corporation achieves 88% of property tax revenue target, issues 2.25 lakh e-Khatas

Hindustan Times  

Bengaluru's municipal corporation Bruhat Bengaluru Mahanagara Palike has collected ₹4,604 crore out of its property tax target of ₹5,210 crore for the fiscal year 2024-25, representing approximately 88.36% of the target. Bengaluru's municipal corporation has collected ₹ 4,604 crore out of its property tax target of ₹ 5,210 crore for the fiscal year 2024-25, representing approximately 88.36% of the target. …

Will Bengaluru Metro’s expansion make real estate markets more affordable?
1 week, 5 days ago

Will Bengaluru Metro’s expansion make real estate markets more affordable?

Hindustan Times  

Reddit users are debating whether Bengaluru's metro expansion will make real estate more affordable. Reddit users are discussing whether Bengaluru's metro expansion will make real estate more affordable. One Redditor shared, "Bengaluru's real estate market might stagnate eventually, but for that to happen, the metro needs to expand significantly, with efficient transport, reduced traffic, and smooth roads." Conversely, we may …

Property value in Sarjapur Road, Whitefield shooting up by over 8 per cent annually
1 week, 6 days ago

Property value in Sarjapur Road, Whitefield shooting up by over 8 per cent annually

New Indian Express  

BENGALURU: Emerging areas in the city like Sarjapur Road, Whitefield, Hebbal and Devanahalli are witnessing significant growth due to their proximity to IT hubs, improved infrastructure and connectivity, said Amar Mysore, president of Confederation of Real Estate Developers Associations of India, Bengaluru. Speaking at the launch of the CREDAI Realty Expo 2025 on Friday, Mysore said, "These areas are projected …

‘Housing loans in Bengaluru account for 65% of SBI’s Bengaluru Circle’s home loan portfolio’
1 week, 6 days ago

‘Housing loans in Bengaluru account for 65% of SBI’s Bengaluru Circle’s home loan portfolio’

The Hindu  

Housing loan of SBI Bengaluru City forms 65% of the Bengaluru circle’s real estate portfolio, said Joohi Smita Sinha, Chief General Manager, State Bank of India, Bengaluru Circle. “The housing loans of SBI Bengaluru city form 65% of home loan portfolio at SBI Bengaluru Circle. Bengaluru has an excellent builder community, and most projects are fully booked at the time …

Bengaluru real estate properties construction apartments
1 week, 6 days ago

Bengaluru real estate properties construction apartments

The Hindu  

In the era of memes, I came across one of the funniest and relevant one about Bengaluru which went: ‘A city where a software developer travels for 2 hours to the office to develop an app that delivers items in 10 minutes.’ Oxymoron it may be, but Bengaluru holds the dual distinction of being the Silicon Valley of India while …

Bengaluru real estate: Will slowing NRI interest and rising property costs lead to a market correction?
2 weeks, 2 days ago

Bengaluru real estate: Will slowing NRI interest and rising property costs lead to a market correction?

Hindustan Times  

Bengaluru’s real estate market has become a topic of discussion among Redditors, with many questioning the sustainability of the city’s property boom. A Reddit user highlighted concerns about the future of Bengaluru's real estate market, particularly from an NRI investment perspective. While these factors could slow Bengaluru’s real estate growth, the user argued that a full-fledged market crash is unlikely …

Devanahalli metro expansion: Will it fuel demand for real estate and ease infrastructure challenges in North Bengaluru?
2 weeks, 4 days ago

Devanahalli metro expansion: Will it fuel demand for real estate and ease infrastructure challenges in North Bengaluru?

Hindustan Times  

The proposed extension of Namma Metro to Devanahalli, announced by Karnataka Chief Minister Siddaramaiah in Karnataka Budget 2025, is set to boost real estate demand and improve connectivity in North Bengaluru. Infrastructure challenges in north Bengaluru Despite its rapid real estate growth, North Bengaluru faces several infrastructure challenges. Real estate experts believe the upcoming metro extension will enhance connectivity in …

Bengaluru real estate market: Is finding love easier that renting an apartment?
2 weeks, 5 days ago

Bengaluru real estate market: Is finding love easier that renting an apartment?

Hindustan Times  

Bengaluru’s surging rental market has made house-hunting a daunting challenge for newcomers, prompting some to quip that finding love in the city is easier than securing an apartment on rent IT professional Himanshi Chhablani recently took to Facebook to share her challenges navigating Bengaluru’s skyrocketing rental market. Bengaluru’s surging rental market has made house-hunting a daunting challenge for newcomers, prompting …

Real estate developers target Tier-2 and Tier-3 cities: 44% of 3,294 acres of land acquired in 2024
2 weeks, 6 days ago

Real estate developers target Tier-2 and Tier-3 cities: 44% of 3,294 acres of land acquired in 2024

Hindustan Times  

As many as 44% of the 3,294 acres of land acquired by real estate developers in 2024 were concentrated in the emerging hubs of India’s Tier-2 and Tier-3 cities, said a research report on the real estate sector of 60 Indian cities, released by CREDAI-Liases Foras during the New India Summit 2025 in Nashik, Maharashtra. This data is from a …

Rents are increasing faster than salaries in Bengaluru. Details here
3 weeks ago

Rents are increasing faster than salaries in Bengaluru. Details here

India Today  

Bengaluru’s escalating rents are making housing unaffordable for many, with rent hikes exceeding salary increases, reported Business Today. The post summed up the problem: “Rents are increasing faster than salaries.” The user pointed out that a three BHK now costs nearly Rs 90,000 in prime areas, while even in Sarjapur Road and Bellandur, which are close to tech parks, rents …

Bengaluru vs Dubai: Redditors weigh in on soaring property rents and investment potential
3 weeks ago

Bengaluru vs Dubai: Redditors weigh in on soaring property rents and investment potential

Hindustan Times  

Soaring rental prices in Bengaluru have sparked a debate on Reddit, with users comparing the city’s rising housing costs to those in the UAE. Higher rents and expenses put Bengaluru tenants in a spot For young professionals and middle-income families, higher rents mean reduced disposable income, making it harder to afford essential expenses like groceries, transportation, healthcare, and education. Banerjee …

How big a house can you buy for $1 million in Mumbai, Bengaluru and Delhi?
3 weeks, 1 day ago

How big a house can you buy for $1 million in Mumbai, Bengaluru and Delhi?

Hindustan Times  

With soaring real estate prices in Mumbai, $1 million could buy approximately 1,065 sq ft of residential property in 2024, reflecting a 3% decline from 1,097 sq ft in the previous year. Prime property prices in Delhi and Bengaluru have become more affordable over the decade, offering 11% more in Delhi and 9% more in Bengaluru, per Knight Frank’s Wealth …

From pensioner's paradise to IT hub: Is Mysuru ready to catch up with Bengaluru’s real estate boom?
3 weeks, 2 days ago

From pensioner's paradise to IT hub: Is Mysuru ready to catch up with Bengaluru’s real estate boom?

Hindustan Times  

Mysuru has long been known as a pensioner’s paradise, thanks to its peaceful environment, pleasant climate, and lower cost of living compared to Bengaluru. Mysuru's real estate market is now attracting young professionals, investors, and businesses, transforming it into more than a retirement destination, say real estate experts. Experts say that Mysuru's real estate market is now attracting young professionals, …

Bengaluru sees increase in rental inventory, resulting in 5% rent correction; IT hubs witness price surge
3 weeks, 2 days ago

Bengaluru sees increase in rental inventory, resulting in 5% rent correction; IT hubs witness price surge

Hindustan Times  

Bengaluru's rental market has rebounded significantly four years after the pandemic. Real estate experts also note that rents in the outskirts of Whitefield's eastern IT corridor and North Bengaluru have surged, driven by high demand from tech professionals seeking these areas. Rents correct in Bengaluru's prime areas Kiran Kumar, vice president of Hanu Reddy Realty, said a 2BHK is available …

Bengaluru’s 60% FAR increase to drive high-rise growth, but experts warn of strain on crumbling infrastructure
3 weeks, 4 days ago

Bengaluru’s 60% FAR increase to drive high-rise growth, but experts warn of strain on crumbling infrastructure

Hindustan Times  

The Karnataka government has raised the Floor Area Ratio cap by up to 60%, allowing for taller buildings in Bengaluru. This change enables real estate developers to construct additional floors on a given plot of land by paying a premium, increasing urban density and maximizing space utilization. While real estate developers welcomed the move, stating that Bengaluru needs vertical growth …

Delhi-NCR housing prices see 31% growth; Overall 10% increase across eight cities in Oct-Dec: Report
1 month ago

Delhi-NCR housing prices see 31% growth; Overall 10% increase across eight cities in Oct-Dec: Report

Hindustan Times  

Housing prices rose by an average of 10% during the December quarter across eight major cities, driven by strong demand and higher input costs, according to a report by CREDAI, Colliers, and Liases Foras. Housing prices rose by an average of 10% during the December quarter across eight major cities, driven by strong demand and higher input costs, a report …

Housing prices rise 10 pc in Oct-Dec in 8 cities, Delhi-NCR tops with 31 pc appreciation: Report
1 month ago

Housing prices rise 10 pc in Oct-Dec in 8 cities, Delhi-NCR tops with 31 pc appreciation: Report

Live Mint  

New Delhi, Feb 25 Housing prices appreciated at an average of 10 per cent during the December quarter across eight major cities on strong demand, higher input cost, according to a report by CREDAI, Colliers and Liases Foras. CREDAI National President Boman Irani said, "The sustained growth in housing prices underscores the strong confidence among homebuyers, driven by a preference …

Bengaluru real estate: 1BHKs in Bengaluru in high demand due to soaring rentals and high returns on investment
1 month, 1 week ago

Bengaluru real estate: 1BHKs in Bengaluru in high demand due to soaring rentals and high returns on investment

Hindustan Times  

About two months ago, Srinivas Gowda relocated to Bengaluru’s prime HSR Layout to be closer to his workplace. Demand for 1BHK apartments in Bengaluru's city centre and IT corridors remains strong, particularly among students and young professionals relocating for job opportunities. In Bengaluru, 1BHK apartments typically offer more than 5% rental yield, whereas 2BHK units generate around 3-4%, making them …

Karnataka Govt. Secures ₹10.27 Lakh Cr Investments at Global Meet
Trending News
1 month, 1 week ago

Karnataka Govt. Secures ₹10.27 Lakh Cr Investments at Global Meet

Deccan Chronicle  

Bengaluru: A total of Rs 10.27 lakh crore investments has been committed by investors including both within and from foreign countries to Karnataka in the four-day Invest Karnataka-2025, a global investors meet in Bengaluru city organized at Bangalore Palace Grounds. Among the investments drawn by various sectors, Patil said, renewable energy sector got a major share in investments at the …

Bengaluru real estate: Tiny flats and partitioned 1BHKs renting for over ₹20,000 per month in the IT capital
1 month, 2 weeks ago

Bengaluru real estate: Tiny flats and partitioned 1BHKs renting for over ₹20,000 per month in the IT capital

Hindustan Times  

When Swagata Bhar began her house-hunting journey in Bengaluru, she was taken aback by the small sizes of most 1BHKs, often less than 350 sq feet. One even lacked a bathroom—the owner just pointed to one on the terrace," Bhar recalled Bengaluru Rentals: With limited space and rising demand, landlords are capitalizing on every inch of space, converting garages and …

Not Mumbai or Bengaluru, this Indian city leads in luxury home price surge
1 month, 2 weeks ago

Not Mumbai or Bengaluru, this Indian city leads in luxury home price surge

India Today  

When we think of the most expensive luxury real estate in India, we tend to picture South Mumbai’s sea-facing apartments or Bengaluru’s tech-driven penthouses. New Delhi, often known for its political power corridors, is now making waves in the premium housing market, outpacing even Mumbai in luxury home price appreciation. The city saw a 6.1% year-on-year increase in luxury home …

As students and working professionals seek options, we answer: How much does it cost to rent a 1BHK in Bengaluru?
1 month, 2 weeks ago

As students and working professionals seek options, we answer: How much does it cost to rent a 1BHK in Bengaluru?

Live Mint  

As students and young working professionals flock to Bengaluru's booming IT hub for opportunities, the 1BHK house has seen rising demand, according to a Hindustan Times report. The report added that, given that the influx of new renters is students and young workers, they are usually on a budget of ₹20,000-30,000 per month and cannot afford 2BHKs that command at …

How Union Budget 2025 could be a ‘game changer’ for Bengaluru's property market
1 month, 3 weeks ago

How Union Budget 2025 could be a ‘game changer’ for Bengaluru's property market

Hindustan Times  

Union Budget 2025 is likely to prove a 'game changer' for Bengaluru's real estate market, which will witness significant growth due to the measures announced by Finance Minister Nirmala Sitharaman. According to industry leaders in Bengaluru, this year's budget focuses on infrastructure development and urban rejuvenation which will boost the real estate market in the city. Union Budget 2025 LIVE: …

Karnataka's Greater Bengaluru Suburban Project to drive real estate, develop new townships, enhance infrastructure
1 month, 3 weeks ago

Karnataka's Greater Bengaluru Suburban Project to drive real estate, develop new townships, enhance infrastructure

Hindustan Times  

To decongest Bengaluru, the Karnataka state government on January 30 approved the Greater Bengaluru Integrated Suburban Project, an initiative to develop Devanahalli, Nelamangala, Hoskote, Doddaballapur, Magadi, and Bidadi as satellite townships around Bengaluru. The Karnataka state government on January 30 approved the Greater Bengaluru Integrated Suburban Project, an initiative to develop Devanahalli, Nelamangala, Hoskote, Doddaballapur, Magadi, and Bidadi as satellite …

Supply of mid-segment homes priced ₹1 crore and below dips 30% in top 9 cities in one year: PropEquity
1 month, 3 weeks ago

Supply of mid-segment homes priced ₹1 crore and below dips 30% in top 9 cities in one year: PropEquity

Hindustan Times  

As real estate developers shift focus on luxury housing, the supply of homes in the affordable and mid-income category priced ₹1 crore and below has dipped by 30% in the last year across nine cities to 1,98,926 units in 2024 from 2,83,323 units in the preceding year. Supply of homes in the affordable and mid-income category priced ₹ 1 crore …

Growth in housing prices to moderate at 3-4pc next fiscal: India Ratings
1 month, 3 weeks ago

Growth in housing prices to moderate at 3-4pc next fiscal: India Ratings

Hindustan Times  

New Delhi, Jan 28 Housing prices are likely to rise 3-4 per cent next fiscal on high base effect and better supply, according to India Ratings and Research. Housing prices are likely to rise 3-4 per cent next fiscal on high base effect and better supply, according to India Ratings and Research. Ind-Ra expects property prices to increase 5-6 per …

Bengaluru real estate: Here's what you should know if you are planning to buy a residential plot in the IT city
1 month, 3 weeks ago

Bengaluru real estate: Here's what you should know if you are planning to buy a residential plot in the IT city

Hindustan Times  

Rajesh Joshi works in the hospitality sector and has been looking to purchase a residential plot in Bengaluru. He has found several plotted development projects in north Bengaluru spread across 1350 sq ft for about ₹50 lakh. Investment options in Bengaluru According to real estate experts, plotted development prices have appreciated in places in north Bengaluru like Devanahalli, Hennur, Bagalur, …

Bengaluru rentals: Are highly paid techies pushing up rents in the IT capital?
2 months ago

Bengaluru rentals: Are highly paid techies pushing up rents in the IT capital?

Hindustan Times  

Highly paid techies in Bengaluru have given landlords an opportunity to ask for ‘insane amounts’ as rent. Bengaluru rentals: Real estate brokers say that one reason for rising rentals in the IT corridors is lack of affordable housing options close to the workplace. There are limited rental options that are available in the market, and that is what is pushing …

Mahindra Lifespaces acquires 8.2 acres of land in north Bengaluru to develop a ₹1000-crore housing project
2 months ago

Mahindra Lifespaces acquires 8.2 acres of land in north Bengaluru to develop a ₹1000-crore housing project

Hindustan Times  

Listed real estate developer Mahindra Lifespace Developers Limited, through its subsidiary Anthurium Developers Ltd, has acquired 8.2 acres of land in North Bengaluru to develop a housing project worth ₹1000 crore, the company said on January 23. Listed real estate developer Mahindra Lifespace Developers Limited, through its subsidiary Anthurium Developers Ltd, has acquired 8.2 acres of land in North Bengaluru …

Bengaluru real estate: Netizens discuss case of ₹40,000 rent for a 1BHK in the IT capital
2 months ago

Bengaluru real estate: Netizens discuss case of ₹40,000 rent for a 1BHK in the IT capital

Hindustan Times  

In another social media discussion on Bengaluru’s rental housing market, a Reddit post revealed that a landlord is charging ₹40,000 per month and ₹4.8 lakh as a security deposit from a prospective tenant, sparking a debate on how rentals in the city have shot through the roof. In another social media discussion on Bengaluru’s rental housing market, a Reddit post …

Bengaluru real estate: Here’s why demand for villas in the IT capital is rising
Trending News
2 months ago

Bengaluru real estate: Here’s why demand for villas in the IT capital is rising

Hindustan Times  

Sudarshan Kapoor has been working in Bengaluru's IT sector for the last four years. Bengaluru real estate market has seen several launches of villa projects in the outskirts of Whitefield in the ₹ 2-5 crore price range. However, local brokers say the demand for villas has increased, and several developers are now launching villas in the luxury segment priced between …

Bengaluru real estate: Here’s why US-based NRIs prefer to invest in North Bengaluru
2 months ago

Bengaluru real estate: Here’s why US-based NRIs prefer to invest in North Bengaluru

Hindustan Times  

Aniket Chawla, a techie based in the US, recently booked a flat in a luxury complex in north Bengaluru's Yelahanka area for over ₹3 crore. Of all the NRI transactions in Bengaluru’s real estate market, US-based NRIs comprise a major share, real estate experts point out. US-based NRIs bullish on North Bengaluru’s real estate market North Bengaluru remains one of …

Housing sales across top 8 cities dip by 26% in Q4 2024, launches down by 33%: Proptiger
2 months, 1 week ago

Housing sales across top 8 cities dip by 26% in Q4 2024, launches down by 33%: Proptiger

Hindustan Times  

Housing sales across India's prime residential markets dipped by 26% to 1.06 lakh units across eight major cities in the October-December period in 2024 compared to around 1.43 units in the same quarter in 2023, according to the latest report by PropTiger. Real estate consultant PropTiger, however, said that sales of residential properties in 2024 rose 6 per cent to …

Provident Housing announces the launch of a new phase for its housing project in North Bengaluru
2 months, 1 week ago

Provident Housing announces the launch of a new phase for its housing project in North Bengaluru

Hindustan Times  

Bengaluru-based real estate developer Provident Housing Limited, a subsidiary of Puravankara Ltd, announced the launch of a new phase of its existing project, Provident Ecopolitan, in Bengaluru on January 17. Bengaluru-based real estate developer Provident Housing Limited, a subsidiary of Puravankara Ltd, announced the launch of a new phase of its existing project. The new phase comprises 581 residential units …

Macrotech Developers to develop more than 64 acres in Bengaluru, eyes GDV of ₹8600 crore
2 months, 1 week ago

Macrotech Developers to develop more than 64 acres in Bengaluru, eyes GDV of ₹8600 crore

Hindustan Times  

Mumbai-based listed real estate developer Macrotech Developers plans to develop housing projects on 64.4 acres in Bengaluru, with a potential gross development value of ₹8600 crore. Mumbai-based listed real estate developer Macrotech Developers plans to develop housing projects on 64.4 acres in Bengaluru, with a potential gross development value of ₹ 8600 crore. Macrotech Developers has two ongoing and three …

Budget 2025: From Infrastructure status to reforms in Affordable Housing, here’s what real estate sector demands
2 months, 1 week ago

Budget 2025: From Infrastructure status to reforms in Affordable Housing, here’s what real estate sector demands

Live Mint  

With the Union Budget 2025-26 just weeks away, the real estate sector is calling for bold reforms to reignite growth and address pressing challenges. Affordable Housing: Revival on the Cards Affordable housing, once a cornerstone of India’s real estate growth, has seen a sharp decline in both demand and supply post-pandemic. “Reintroducing the Credit-Linked Subsidy Scheme under PMAY and reinstating …

Incentives for affordable homes, industry status in realty sector's budget wish list
2 months, 1 week ago

Incentives for affordable homes, industry status in realty sector's budget wish list

Live Mint  

Bengaluru: Incentives to boost affordable housing and granting industry status to real estate are among key demands of the realty sector ahead of the Union Budget. “Incentives and tax benefits for developers and buyers in the affordable and mid-segment housing categories will contribute towards the goal of ‘housing for all’," said Ashish Puravankara, managing director at real estate firm Puravankara …

Bengaluru real estate: Here's what makes the city the top choice for renting or buying an apartment for women
2 months, 1 week ago

Bengaluru real estate: Here's what makes the city the top choice for renting or buying an apartment for women

Hindustan Times  

Janvi Sunil moved to Bengaluru six months ago to take on a new job as a marketing specialist. Avtar's recent report, Top Cities for Women in India 2024, has said that Bengaluru is the safest city in the country for working women. It said that the city is the most inclusive, safe, resilient, and sustainable city for working women, excelling …

Kolkata rising: How India’s cheapest property market is changing
2 months, 1 week ago

Kolkata rising: How India’s cheapest property market is changing

Live Mint  

Kolkata: In December, the iconic Howrah Bridge in Kolkata turned blue, as did the city’s famous clock tower, a replica of London's Big Ben. Tapping that growing demand, developers such as Godrej Properties Ltd, Merlin Group, Primarc Group, and Ambuja Neotia Group are bringing in contemporary, premium homes, opening up new real estate frontiers in the city. In its luxury …

Bengaluru real estate market: Is renting a flat in the IT city for less than ₹20,000 per month possible?
2 months, 2 weeks ago

Bengaluru real estate market: Is renting a flat in the IT city for less than ₹20,000 per month possible?

Hindustan Times  

Despite rents in Bengaluru having shot through the roof, particularly in prime residential areas like Indiranagar and Koramangala, there are a few pockets where one can rent smaller housing units such as 1BHKs and studio apartments for less than ₹20,000 per month. Despite rents in Bengaluru having shot through the roof, particularly in prime residential areas like Indiranagar and Koramangala, …

Bengaluru’s residential areas are no longer the neighbours’ envy
2 months, 2 weeks ago

Bengaluru’s residential areas are no longer the neighbours’ envy

The Hindu  

For many Bengalureans, Indiranagar is their weekend leisure date at its many well-known pubs, restaurants or shops. Redevelopment is taking place to fulfill the burgeoning demand for commercial office space, retail, and mixed-use real estate in CBD region which is starved of vacant land for new development,” he said. This shift is largely fuelled by the city’s robust IT ecosystem …

Bengaluru Real Estate: Here's why Kanakapura Road is likely to see major real estate appreciation in 2025
2 months, 3 weeks ago

Bengaluru Real Estate: Here's why Kanakapura Road is likely to see major real estate appreciation in 2025

Hindustan Times  

Anshul Soni has been looking to purchase an apartment in Bengaluru with a budget of ₹1 crore. Located around 30 minutes from south Bengaluru's IT corridor of Electronic City, Kanakapura Road is a prominent arterial route connecting major localities and extending towards the city's outskirts. Although North Bengaluru is still one of the city's booming real estate micro markets, Kanakapura …

Real estate 2025 outlook: Here’s what you should know about property prices if you are planning to buy a house this year
2 months, 3 weeks ago

Real estate 2025 outlook: Here’s what you should know about property prices if you are planning to buy a house this year

Hindustan Times  

If you are planning to invest gains made in the stock market into real estate or intend to buy property for end-use in 2025, your expectations in terms of property appreciation should be realistic. According to real estate experts, the housing market is likely to record a moderate single-digit price increase in 2025 compared to the double-digit growth of 21% …

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