Bengaluru real estate: Landlords start compromising on rents as city sees new supply, more rental options
2 weeks, 2 days ago

Bengaluru real estate: Landlords start compromising on rents as city sees new supply, more rental options

Hindustan Times  

With more inventory available for rent in the Bengaluru real estate market's residential segment, landlords have started reducing rents by 5% to 10% in city centres. Bengaluru sees new housing supply Bengaluru recorded 16,537 home launches in April-June, accounting for 21% of the total residential launches across top cities. Bengaluru recorded a 7% rise in new launches yearly despite a slight 1% decrease in the city's total pace of new residential supply compared to the previous quarter. Experts anticipate a rental correction in 2025 Sunil Singh, vice president of Realty Corp, said the rental market experienced a slight price correction from April to June 2024 as supply increased.

Bengaluru Supply Real Rents Bhk Whitefield Bengaluru Real Estate Rental Options  start  real  bengaluru  supply  rent  areas  compromising  launches  sees  estate  whitefield  rents  correction  rental  options  landlords  residential

History of this topic

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 …

Bengaluru real estate market to drive office space leasing with over 21 million sq ft absorption in 2024; highest ever
Trending News
2 weeks, 1 day ago

Bengaluru real estate market to drive office space leasing with over 21 million sq ft absorption in 2024; highest ever

Hindustan Times  

Bengaluru will lead office space leasing across the top cities with its highest ever of 21.7 million sq ft, up by 40% annually IN 2024, according to a December 24 report by real estate consultant Colliers. Bengaluru will lead office space leasing across the top cities with its highest ever of 21.7 million sq ft, up by 40% annually IN …

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's property registrations dip 21% amid E-khata implementation woes
2 weeks, 5 days ago

Bengaluru's property registrations dip 21% amid E-khata implementation woes

Hindustan Times  

Bengaluru's real estate market reported 5667 property registrations in October, an almost 21% dip compared to 7167 units registered in September, according to data by the Inspector General of Registration accessed by prop-tech platform Square Yards. Bengaluru's real estate market reported 5667 property registrations in October, an almost 21% dip compared to 7167 units registered in September, according to data …

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 …

Average Apartment Sale Price In India Hits Rs 1.64 Crore In 2024: Report
1 month ago

Average Apartment Sale Price In India Hits Rs 1.64 Crore In 2024: Report

ABP News  

India saw the sale of 2.3 lakh homes valued at Rs 3.8 trillion in the first nine months of 2024, with an average sale price of Rs 1.64 crore per apartment, driven mainly by premium projects, particularly in Delhi NCR, according to global real estate consultancy firm JLL. “With capital values surging and being at an all-time high, close to …

India’s office rentals see 3.6% growth; Pune, Chennai, Bengaluru top performers
1 month, 1 week ago

India’s office rentals see 3.6% growth; Pune, Chennai, Bengaluru top performers

The Hindu  

The average effective rentals across major cities in India have grown by 3.6% on a five-year compound annual growth rate, according to what is being said to be India’s first commercial property rental index by the Indian Institute of Management Bangalore, in collaboration with CRE Matrix. ‘Invest in commercial property for higher returns’ This index, backed by over a decade …

Peak Bengaluru moment: Techie landlord turns advisor for his tenant's startup. Viral post
1 month, 1 week ago

Peak Bengaluru moment: Techie landlord turns advisor for his tenant's startup. Viral post

Hindustan Times  

We’ve come across numerous stories of exchanges between friendly landlords and tenants in India’s metros. An entrepreneur in Bengaluru took to social media to reveal that his landlord is now also playing the role of an advisor for his startup, perfectly capturing a 'Peak Bengaluru' moment in India’s startup capital. Vetri Venthan took to X, saying that his landlord loved …

Bengaluru Residential Market Heats Up: Q2FY25 Sales Cross Rs 15,739 Cr
1 month, 2 weeks ago

Bengaluru Residential Market Heats Up: Q2FY25 Sales Cross Rs 15,739 Cr

The Hindu  

The Bengaluru residential market grew remarkably in the second quarter of fiscal year 2024–25. Bengaluru Residential Market Trends: Area & Budget Wise As an additional point of interest, the research notes the fact that during the quarter spanning July to September, around 86% of all real estate transactions were concentrated in the price category of less than one crore. Views …

Delhi, Bengaluru, Chennai Rent Increases: Understanding the Surge in Rental Costs
1 month, 3 weeks ago

Delhi, Bengaluru, Chennai Rent Increases: Understanding the Surge in Rental Costs

The Hindu  

In the past two years, there has been rent increases in seven major cities in India, including Delhi, have increased by as much as 70 percent. Major Indian Cities See Up to 70% Rent Increases: According to a recent analysis by property consultants ANAROCK Group, rents in seven major Indian cities—including Delhi—have jumped by as much as 70 percent over …

Inside Bengaluru’s ‘Billionaire Street’: Here’s why it’s the city’s costliest and a magnet for business titans
1 month, 3 weeks ago

Inside Bengaluru’s ‘Billionaire Street’: Here’s why it’s the city’s costliest and a magnet for business titans

Live Mint  

Koramangala 3rd Block, known as ‘Billionaire Street,’ has emerged as one of Bengaluru’s most prestigious addresses. One of the standout deals in Bengaluru’s real estate history took place here when Quess Corp MD Ajit Isaac acquired a 10,000-square-foot plot for ₹67.5 crore, setting a new benchmark in the area. Market Dynamics and Pricing Trends Data from Housing.com shows an upward …

Bengaluru landlord demands ₹5 lakh deposit for flat with ₹40,000 rent. ‘Insane,’ says internet
1 month, 3 weeks ago

Bengaluru landlord demands ₹5 lakh deposit for flat with ₹40,000 rent. ‘Insane,’ says internet

Hindustan Times  

In the latest chapter of 'Bengaluru Rent Woes,' a woman claims she was asked to pay ₹5 lakh as security deposit on a ₹40,000 per month apartment. Harnidh Kaur took to social media to share her renting woes and her post has grabbed eyeballs on X, where many said that rent prices in Bengaluru are “out of control". A woman …

Renting Crisis Grips Cities, Pushing Up Property Prices
2 months, 1 week ago

Renting Crisis Grips Cities, Pushing Up Property Prices

The Hindu  

The cost of renting homes has shot up by 26-67 percent in the last three years in key micro markets in India’s seven biggest cities. This is having an increasingly larger impact on the current incomes of the population that rents. The sharp increase in the high cost of renting is having an increasingly larger impact on the current incomes …

Mumbai Emerges As The Most Expensive Market, While Bengaluru and Delhi NCR See Slowdown
2 months, 1 week ago

Mumbai Emerges As The Most Expensive Market, While Bengaluru and Delhi NCR See Slowdown

ABP News  

Rents for office spaces in major cities have soared past pre-pandemic levels, with Mumbai emerging as the most expensive market. The weighted average quoted office rental in Mumbai touched Rs 151.60 per square foot per month during the July-September quarter, up 6 per cent from 2019. However, industry experts expressed concerns regarding the slump in growth in certain key markets …

Bengaluru's Rental Housing Market Rejuvenates: Experts Say
2 months, 2 weeks ago

Bengaluru's Rental Housing Market Rejuvenates: Experts Say

Hindustan Times  

Bengaluru's rental housing market returns to normalcy, with average rent per month increasing by 4% in 2024 compared to 2023. While the rate of increase has stabilized, it is still higher than pre-pandemic levels. The market is expected to see annual increases in rentals to the tune of 4-8%, while property prices are expected to register a rise of 5-10%. …

Bangalore Rental Market Booms: Return to Office and Student Influx Drive Prices
2 months, 3 weeks ago

Bangalore Rental Market Booms: Return to Office and Student Influx Drive Prices

The Hindu  

Bangalore's rental market has seen a surge in recent years, driven by the return to office culture and student influx. The city's superior educational institutions attract students from around the nation, leading to a significant increase in housing rentals. Areas near the IT Corridor, such as east Bengaluru and north have experienced the most dramatic increases. The robust job market …

Bengaluru leads in large office space leasing, transaction volumes touch 4.5 mn sq ft in H1 2024
3 months, 3 weeks ago

Bengaluru leads in large office space leasing, transaction volumes touch 4.5 mn sq ft in H1 2024

Hindustan Times  

Transactions for office spaces above 100,000 sq ft recorded a substantial YoY growth of 54% in the first half of calendar year 2024 from 10.18 mn sq ft in H1 2023 to 15.69 mn sq ft in H1 2024. Bengaluru’s large office spaces contributed 53% to the city’s total commercial transaction volumes, amounting to 4.5 million sq ft followed by …

Bengaluru real estate: Redditor narrates tragic story with landlord; personal data leaked
3 months, 3 weeks ago

Bengaluru real estate: Redditor narrates tragic story with landlord; personal data leaked

Hindustan Times  

Tenants in Bengaluru have for the last few years struggled to cope with the ever-changing demands of landlords, some of whom have gone to the extent of checking profiles of tenants on LinkedIn. Redditor narrates tragic story with landlord in Bengaluru; personal data leaked There have also been instances wherein property brokers have allotted appointments to tenants for interviews with …

Bangalore Real Estate Boom: Sales Surge 30% in Q2 2024
3 months, 4 weeks ago

Bangalore Real Estate Boom: Sales Surge 30% in Q2 2024

The Hindu  

Bangalore Real Estate experienced a double-digit surge in the second quarter of 2024. The obstacles faced by Bangalore Real Estate: The Bangalore real estate market encountered numerous obstacles this year, such as water shortages and inundation. Bangalore Real Estate: Affordability Challenges Rising housing prices are affecting affordability, especially for first-time buyers. Sources in Bangalore real estate have shared their views, …

BHIVE Workspace leases 77,000 sq ft office space in Bengaluru for ₹8.5 cr pa
3 months, 4 weeks ago

BHIVE Workspace leases 77,000 sq ft office space in Bengaluru for ₹8.5 cr pa

Hindustan Times  

Bengaluru-headquartered managed office space provider BHIVE Workspace has leased 77,000 square feet from Address Maker on CMH Road in Indiranagar, the company said in a statement on September 9. BHIVE Workspace leases 77,000 sq feet office space in Bengaluru for yearly rent of ₹ 8.5 crore Address Maker is a Bengaluru-based real estate player with a portfolio spanning 5 million …

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 real estate: Over 2.64 lakh property owners in the IT capital yet to pay taxes, BBMP data shows
4 months ago

Bengaluru real estate: Over 2.64 lakh property owners in the IT capital yet to pay taxes, BBMP data shows

Hindustan Times  

Bengaluru civic agency, the Bruhat Bengaluru Mahanagara Palike, has released a list stating that there are a total of 2,64,228 defaulters across eight zones in the city who are yet to pay property taxes. Over 2.64 lakh property owners in Bengaluru are yet to pay taxes, BBMP data shows Furthermore, it shows that of the 3,95,253 property tax defaulters identified …

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's Bagaluru, Whitefield ranked 1st, 3rd in highest housing price appreciation
4 months, 1 week ago

Bengaluru's Bagaluru, Whitefield ranked 1st, 3rd in highest housing price appreciation

Hindustan Times  

Housing prices in Bengaluru's Bagaluru rose highest by 90 per cent since 2020, while Dwarka Expressway in Delhi-NCR ranked 4th with 79 per cent average appreciation, according to Anarock. READ | Bengaluru police debunk viral 'free ride for women' hoax, say no late-night lift service available NCR's Dwarka Expressway is in the 4th position with a 79 per cent price …

Bengaluru real estate: Here's a look at the top luxury property deals reported in the IT capital this year
4 months, 2 weeks ago

Bengaluru real estate: Here's a look at the top luxury property deals reported in the IT capital this year

Hindustan Times  

While Mumbai is synonymous with the uber luxury property segment in India, high-end residential units have seen growing demand in Bengaluru of late. Top luxury property deals reported in the Bengaluru this year Earlier this year, Ajit Isaac, chairman and managing director of Bengaluru-based company Quess Corp, had bought a 10,000 sq ft property worth ₹67.5 crore in Koramangala area, …

Netizens discuss a case of ₹38,000 rent for unfurnished 1 BHK in Bengaluru, post goes viral on Reddit
4 months, 2 weeks ago

Netizens discuss a case of ₹38,000 rent for unfurnished 1 BHK in Bengaluru, post goes viral on Reddit

Hindustan Times  

In another social media discussion on Bengaluru’s rental housing market, a Reddit post revealed that tenants in the city are paying up to ₹38,000 for an unfurnished 1 BHK unit. Netizens discuss a case of ₹ 38,000 rent for unfurnished 1 BHK in Bengaluru, post goes viral on Reddit The discussion started with a certain user asking how are folks …

Bengaluru tops industrial and logistics leasing at 3.4 mn sq ft in H1 2024, up 70% YoY
4 months, 3 weeks ago

Bengaluru tops industrial and logistics leasing at 3.4 mn sq ft in H1 2024, up 70% YoY

Hindustan Times  

Bengaluru recorded a almost 70% year-on-year surge in industrial and logistics leasing during the January-June period of the ongoing calendar year at 3.4 million square feet. Bengaluru tops industrial and logistics leasing at 3.4 mn sq ft in H1 2024, up 70% YoY Meanwhile fresh supply during the six-month period was recorded at 3.2 million square feet, per the report. …

Here are 5 things tenants in Bengaluru want from their landlords
4 months, 3 weeks ago

Here are 5 things tenants in Bengaluru want from their landlords

Hindustan Times  

Bengaluru's rental housing market is infamous for many reasons, ranging from high rents and sharp rental hikes to enormous security deposits, shortage of options and eccentric demands made by landlords. 5 things tenants in Bengaluru want from their landlords According to a report by property consultancy Anarock, Bengaluru recorded the highest rental yield amongst the top seven cities in India …

Bengaluru's first air-conditioned underground market set to open in Vijayanagar: Report
4 months, 4 weeks ago

Bengaluru's first air-conditioned underground market set to open in Vijayanagar: Report

Hindustan Times  

Bengaluru is all set to unveil its first air-conditioned underground market, Palike Bazaar, located in the city's Vijayanagar area by the end of this month. Modelled after New Delhi's Palika Bazaar, this new market is conveniently situated near the Vijayanagar Metro station, The Times of India reported. The new market spans 100 meters in length and 11 meters in width, …

Housing sales across top 7 cities expected to witness double digit growth in 2024-2025: ICRA
5 months ago

Housing sales across top 7 cities expected to witness double digit growth in 2024-2025: ICRA

Hindustan Times  

Presenting a stable outlook for the residential real estate sector in financial year 2024-25, credit rating agency ICRA Limited on August 7 said that housing sales across the country’s top cities - Mumbai Metropolitan Region, National Capital Region, Bengaluru, Hyderabad, Pune, Kolkata and Chennai - are expected to witness double digit growth in 2024-2025. Housing sales across top 7 cities …

Here’s why demand for 1 BHK homes is gaining ground among millennials in Bengaluru
5 months ago

Here’s why demand for 1 BHK homes is gaining ground among millennials in Bengaluru

Hindustan Times  

“With the sky-high rents and security deposits, not to mention the shortage of decent rental properties, it makes more sense to purchase than rent a house in Bengaluru,” said Priyakshi Sharma, a 29-year-old software engineer presently settled in East Bengaluru’s Whitefield area. Demand for 1 BHK homes is gaining ground among millennials in Bengaluru With a comfortable annual pay scale …

Bengaluru real estate: A 2BHK listed on X for a rent of ₹43,000 pm, ₹2.5 lakh security deposit taken up in 9 hours
5 months ago

Bengaluru real estate: A 2BHK listed on X for a rent of ₹43,000 pm, ₹2.5 lakh security deposit taken up in 9 hours

Hindustan Times  

In yet another example of exorbitant security deposits charged for renting an apartment in Bengaluru, a fully furnished 2 BHK property in Koramangala was listed on X against a safety deposit amount of ₹2.5 lakh, never mind the additional cost of furniture. 2BHK put up for rent in Bengaluru at a monthly rent of ₹ 43,000 and ₹ 2.5 lakh …

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 …

Bengaluru's GDP is projected to grow at 8.5 % till 2035: Karnataka minister Priyank Kharge
5 months, 1 week ago

Bengaluru's GDP is projected to grow at 8.5 % till 2035: Karnataka minister Priyank Kharge

Hindustan Times  

Karnataka Minister Priyank Kharge stated that it was a proud moment for him to release the Bengaluru Innovation Report 2024, curated by 3one4 Capital and the Startup Vision Group. On X, he shared that Bengaluru's GDP is projected to grow at 8.5 percent until 2035. Bengaluru's GDP is projected to grow at 8.5 % till 2035: Karnataka minister Priyank Kharge …

Bengaluru tops housing sales and launches pan India in Q2 2024, ₹1-3 crore homes capture 63% of new launches
5 months, 1 week ago

Bengaluru tops housing sales and launches pan India in Q2 2024, ₹1-3 crore homes capture 63% of new launches

Hindustan Times  

Bengaluru has emerged as the premier residential real estate market in India with 18,548 housing units sold and 16,537 homes launched during the April-June period of the ongoing calendar year, according to JLL Research. Bengaluru tops housing sales and launches pan India in Q2 2024 The IT capital accounted for approximately 21% of the total residential launches and around 23% …

Bengaluru woman's monthly Uber bill exceeds 16k, surpassing half of her home rent | SEE PIC
5 months, 1 week ago

Bengaluru woman's monthly Uber bill exceeds 16k, surpassing half of her home rent | SEE PIC

India TV News  

Bengaluru, frequently called India’s IT capital, is known for its unexpectedly high cost of living. One woman revealed in a social media post that her Uber expenses exceeded half her monthly rent. Even monthly EMIs would be far lesser.” Another user joked, “You deserve a loyalty card from Uber.” A third user commented, “As someone who pays 700 on one …

Good news for tenants! Bengaluru’s rental housing market records 5-10% average price correction in April-June quarter
5 months, 3 weeks ago

Good news for tenants! Bengaluru’s rental housing market records 5-10% average price correction in April-June quarter

Hindustan Times  

Bringing cheer to home tenants in Bengaluru, the city’s rental housing market saw an average price correction of 5-10% during the April-June quarter of the ongoing calendar year, local brokers told HT.com. Bengaluru’s rental housing market records 5-10% average price correction in April-June quarter of 2024, as per local brokers It should be noted that typically the second quarter of …

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 …

Bengaluru’s office space stock to become highest in India by 2030
5 months, 4 weeks ago

Bengaluru’s office space stock to become highest in India by 2030

The Hindu  

Bengaluru office stock is set to touch 330-340 million sq. Technology, Engineering & Manufacturing, and BFSI sectors are expected to be primary demand drivers, while life sciences, aviation, and automobile are likely to be emerging drivers, according to the analysis. Technology, engineering & manufacturing and BFSI sectors are expected to be the main demand drivers of office space while life …

Bengaluru Real Estate Prices have soared by 57% increase
5 months, 4 weeks ago

Bengaluru Real Estate Prices have soared by 57% increase

The Hindu  

Bengaluru Real Estate prices have jumped by 57% as per a report which has been released by Anarock. Bengaluru real estate In H1 2024, the housing sales were higher than the new launches with approximately 34,100 units being sold which was an 11% increase compared to the previous year. The report added that this represents a potential diversification of the …

Bengaluru's residential property prices jumped 57 per cent in the last 5 years: Report
6 months ago

Bengaluru's residential property prices jumped 57 per cent in the last 5 years: Report

Hindustan Times  

Residential property prices in Bengaluru have jumped 57 per cent in the last 5 years, as per 'Bengaluru's Real Estate - Your Gateway to Opportunity' report released by ANAROCK. The housing sales in Bengaluru exceed new launches in the first half of 2024 with about 34,100 units sold - up 11 per cent over H1 2023. The average office rentals …

Budget 2024: Karnataka home buyers' wishlist for FM - focus on rental housing, take measures to strengthen RERA
6 months ago

Budget 2024: Karnataka home buyers' wishlist for FM - focus on rental housing, take measures to strengthen RERA

Hindustan Times  

With record launches and transactions, the Indian real estate sector is keenly eyeing Budget 2024-25 which is slated to be tabled in the Parliament a few weeks from now. Focus on affordable rental housing and measures to strengthen RERA 2016 are among some items on Karnataka home buyers' wish list for the FM According to a Knight Frank India report, …

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 …

Bengaluru’s rental deposits too high, says entrepreneur who compared HSR Layout with San Francisco’s Hayes Valley
6 months, 1 week ago

Bengaluru’s rental deposits too high, says entrepreneur who compared HSR Layout with San Francisco’s Hayes Valley

Hindustan Times  

Indian-origin entrepreneur Hardeep Gambhir, who moved to Bengaluru following a seven-year stint in San Francisco, California, recently made headlines when he drew parallels between the two cities on X and complained about ‘ridiculous’ security deposits sought for rental accommodation in the IT capital. Bengaluru’s rental deposits are too high, says US-returned techie who compared HSR Layout with San Francisco’s Hayes …

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 …

Top Indian Cities See 50% Drop In Rental Growth As Housing Supply Rises
6 months, 2 weeks ago

Top Indian Cities See 50% Drop In Rental Growth As Housing Supply Rises

News 18  

With more supply hitting the top 7 cities’ markets, overheated housing rents are stabilising. Latest Anarock data shows that average residential rental prices across key markets in these cities saw a 2-4% quarterly rise in Q2 2024 to date over the preceding quarter. Sohna Road and Dwarka saw their respective quarterly rents increase by 3% and 2% in Q2 2024; …

Bengaluru Techie Rents A 3-BHK Flat For Rs 80,000. He Has Only 1 Regret
6 months, 3 weeks ago

Bengaluru Techie Rents A 3-BHK Flat For Rs 80,000. He Has Only 1 Regret

News 18  

The real estate costs in places like Bengaluru are as high as the skyscrapers in the city. Bangalore is beyond the techbro localities 🙂 — Ashish Jha 🏡 🇮🇳 June 7, 2024 An X user commented, “I would rather spend that 80K roaming the world every month than sitting in a cocoon of a house with that wonky view.” I …

Avg housing prices increase by 10% in Jan-Mar across top 8 cities; Bengaluru and Delhi-NCR witness 19% and 16% growth
7 months, 3 weeks ago

Avg housing prices increase by 10% in Jan-Mar across top 8 cities; Bengaluru and Delhi-NCR witness 19% and 16% growth

Hindustan Times  

Average housing prices increased by 10% annually during Q1 2024 on the back of strong residential demand. While each of the top eight cities witnessed annual price appreciation, average housing prices in Bengaluru, Delhi NCR, Ahmedabad, and Pune registered double digit growth, a report has said. Bengaluru witnessed the maximum price increase of 19% Bengaluru witnessed the maximum price increase …

Non-resident Indians from the US dominate real estate sales in Bengaluru; 2BHK and 3BHK housing units most popular
8 months, 1 week ago

Non-resident Indians from the US dominate real estate sales in Bengaluru; 2BHK and 3BHK housing units most popular

Hindustan Times  

Bengaluru continues to attract non-resident Indian buyers who account for almost 15% of housing sales in the city. Preferred investment options in Bengaluru The most preferred investment options are 2 and 3 BHK apartments, comprising 78% of sales. NRIs account for 15% of housing sales in Bengaluru According to Nesara B S, chairman, Concorde, NRI buyers account for almost 15% …

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