Mall rentals in free fall as e-Tail clicks with shoppers(Thu, May 29 2014)
Bangalore: As the rentals for retail space undergo a major slide with growing consumer preference towards online shopping, the already shaken commercial real-estate market in India gets a bigger jolt.
Brigade Group buys 2.25 acre plot in Bangalore for Rs 69 crore(Wed, Jan 8 2014)
With the endeavor to develop a premium real-estate project in Bangalore, realty firm Brigade Enterprises has bought 2.25 acres of land worth Rs 69 crore from Hindustan Coca-Cola Beverages.
Bangalore real estate gets maximum PE investment(Mon, Dec 9 2013)
As the institutional investors’ demands for leased office assets shot up in the city, the realty market in Bangalore received the maximum private equity investment in the country during January-September 2013.
Non-IT Takes A Big Bite Of Bangalore's Property Sales(Thu, Nov 21 2013)
Bangalore: The past five years have witnessed an increase in sales from non-IT sectors in Bangalore Realty sector. The revenue generated from the non-IT sectors amounts to 55% of the total sales, which is 10% more than the IT sector (45%).
Gera Developments to venture in Bangalore real estate market(Wed, Oct 30 2013)
Gera Developments, the Pune-based real estate developer, with a huge experience of 40 years in the domain, has for the first time decided to go beyond western India and develop a residential property in Bangalore.
Embassy To Raise Rs 800 crore in debt(Wed, Oct 16 2013)
The reputed Bangalore based developer Embassy Property Developments is trying to raise Rs 800 crore in debt, in a bid to acquire an IT Park in Bangalore city, The developer is currently in talks with the likes of HDFC and India Bulls, in order to raise this debt.
IT Upswing To Pay Dividends For Bangalore Realtors(Fri, Oct 11 2013)
Reputed Bangalore based developers Sobha Developers and Prestige Estate have both reported growth in total sales in the September quarter. Owing to the strong growth of IT sector in the city, the property market in Bangalore is set to see an upward rise in the commercial & residential property investment.
Puravankara Set To Launch Rs 350 Crore Property In Bangalore(Wed, Aug 21 2013)
A realty giant in the Indian Real Estate, Puravankara Projects announced the launch of 'Purva Skydale' - a 350 crore worth luxury housing project - near Sarjapur main road. As per the official statement, the project spans an area of 4.26 acres & includes 314 world class 'Maravilloso' homes.
Bangalore accounts for 31% of new residential units launches across India(Thu, Aug 1 2013)
As per the latest Citi report, in the second quarter of the year 2013, Bangalore witnessed the launch of over 10,500 residential units, which amounts to approximately 31% of the total launches across the country.
LinkedIn books office space in Bangalore technology park(Thu, Jun 6 2013)
In order to give new heights to its business in India, California-based social networking site LinkedIn has booked 74,341 sq ft of office space in Prestige Technology Park in Bangalore.