8 months, 3 weeks ago

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

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 across Bengaluru's key markets last year witnessed yearly growth of 4 per cent to 8 per cent. The city saw approximately 32,500 units being launched in the first half of 2024, up 30 per cent against the same period last year.

Bengaluru 2024 Report Cent New Launches report share h1 half prices cent 57 bengalurus residential launches property jumped bengaluru 2024 units

History of this topic

1 week 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 …

1 week, 2 days 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 …

1 week, 4 days 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 …

1 week, 4 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, 5 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 …

1 week, 6 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. …

2 weeks 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 …

2 weeks, 1 day 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 …

2 weeks, 2 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 …

2 weeks, 3 days 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 ₹ …

2 weeks, 4 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 …

3 weeks 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 …

3 weeks, 2 days 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 …

3 weeks, 3 days 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 …

3 weeks, 5 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 …

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 …

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 …

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 …

1 month, 2 weeks ago

Global Luxury Market Rankings: Delhi, Mumbai, Bengaluru among top 15 cities in home price rise | Check list

India TV News

A latest report revealed that New Delhi is placed at the sixth position among 44 global cities in terms of luxury home price appreciation, according to Knight Frank's 'Prime Global Cities Index Q4 2024' report. List of to cities globally in luxury home price rise: Rank Cities Increase in Avg prices 1 Seoul 18.4% 2 Manila 17.9% 3 Dubai 16.9% …

1 month, 3 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 …

2 months 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, …

2 months ago

Bengaluru landlords exploiting young techies with high-paying jobs? Reddit user claims

Hindustan Times

Bengaluru has seen a sharp rise in rent prices, making it one of the most expensive cities in India to live in. According to the person, the problem arises when the techies pay “insane rent like 50K, 60K, or even 70K a month” because they can afford it and don’t want to try to find something cheaper. So, when regular …

2 months, 1 week 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, 1 week 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 …

2 months, 1 week ago

Sales of luxury homes in the price range of ₹3 to 5 crore surge by 86%, and those costing below ₹50 lakh dip by 14%

Hindustan Times

While sales of properties in the ₹3–5 crore category surged 86% in 2024, apartments in the ₹50 lakh price range, fell by 14% due to fewer launches of affordable housing projects and rising prices, according to a report by JLL India. Sales of luxury homes in the price range of ₹ 3 to 5 crore surge by 86%, and those …

2 months, 2 weeks 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 …

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 metro fares set to rise by 40-45% after 8 years, maximum fare to touch ₹85: Report

Trending News

2 months, 3 weeks ago

Bengaluru metro fares set to rise by 40-45% after 8 years, maximum fare to touch ₹85: Report

Hindustan Times

Bengaluru's Namma Metro commuters are set to face a significant fare hike for the first time in nearly eight years, with ticket prices expected to rise by 40-45 per cent. The last fare revision in 2017 saw a modest 10-15 per cent increase when the metro network spanned just 43.2 km. This decision follows recommendations from a government-appointed fare fixation …

2 months, 3 weeks ago

Bengaluru leads office space absorption with over 14 million sq ft, up by 66% YoY in 2024

Hindustan Times

Bengaluru has led the office space absorption across the top seven cities with 14.74 million sq ft of leasing, up by 66% from 9.01 msf in 2023, according to a JLL report on January 3. Bengaluru has led the office space absorption across the top seven cities with 14.74 million sq ft of leasing, up by 66% from 9.01 msf …

3 months 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

3 months 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 …

3 months, 1 week 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 …

3 months, 1 week 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 …

3 months, 1 week 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 …

3 months, 2 weeks 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 …

3 months, 3 weeks 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 …

4 months 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 …

4 months, 1 week ago

Mumbai and Delhi among top APAC cities to record highest price growth in the luxury housing segment

Hindustan Times

Mumbai and Delhi-NCR are among the top cities in the Asia Pacific region to record the highest annual price growth in the luxury housing segment. Mumbai and Delhi are among the top cities in the Asia Pacific region to record the highest annual price growth in the luxury housing segment. The average price for the prime residential market in the …

4 months, 1 week 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 …

4 months, 2 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 …

4 months, 2 weeks ago

Bengaluru residential property registration falls 8% y-o-y between July-September 2024 to 25,259 housing units

Hindustan Times

Bengaluru housing market witnessed an 8% decline in registrations in the July-September 2024 quarter recording 25,259 residential units with the Inspector General of Registration, according to data shared by proptech platform Square Yards on November 13. Housing transactions worth ₹ 15,739 crore registered in Bengaluru between July-September 2024 Bengaluru residential real estate saw a dip of 8 pc, sold houses …

4 months, 3 weeks ago

Average property prices rise two-fold along Bengaluru metro’s 3 km green line extension

Hindustan Times

Average property prices in select localities along the Nagasandra-Madavara extension of Bengaluru metro’s green line have witnessed a two-fold increase over the course of its construction, according to data sourced from multiple real estate agencies. Average property prices rise two-fold along Bengaluru metro’s 3 km green line extension For instance, average property prices in Madavara, the last station along the …

5 months 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 …

5 months 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 …

5 months, 1 week 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%. …

5 months, 2 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 …

6 months, 1 week ago

Rent versus buy: Average rental values increased more than capital values in Bengaluru, Pune, Kolkata and Chennai

Hindustan Times

In Bengaluru, Pune, Kolkata and Chennai, the average residential rental values rose more than the capital values between 2021-end to H1 2024. Bengaluru’s Sarjapur Road saw average monthly rental values increase by 67%, while capital values increased by 54%. At Thannisandra Main Road, the average rental values rose 56% while capital values appreciated 52%, it showed. In HITECH City, rental …

6 months, 2 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 …

6 months, 2 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, …

7 months 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 …

Discover Related

9 hours, 23 minutes ago