The Karnataka cabinet, on January 10, 2019, approved the proposal to change the alignment of the metro rail from KR Puram to the Kempegowda International Airport (KIA), which will increase its length by another … READ FULL STORY
After a prolonged lull of nearly three years, the residential markets in the top three cities of Bengaluru, Mumbai and Delhi NCR, showed definite signs of recovery in 2018. The positive impact of the … READ FULL STORY
The residential market saw some upward movement in sales velocity in 2018 but the year stopped short of a significant recovery. Total sales of residential units were estimated to be 242,328, registering a six … READ FULL STORY
2018 was the best performing year, historically, for the commercial office segment, with leasing crossing 46 million sq ft, according to a report by Knight Frank India, titled ‘India Real Estate – Residential and … READ FULL STORY
Defending the state government’s move, to reconsider the Bengaluru steel flyover project, Karnataka’s deputy chief minister G Parameshwara, on January 3, 2019, said there was a need for the infrastructure project to tackle the … READ FULL STORY
The metropolitan and large cities in India, have several real estate micro-markets that are reasonably priced and offer good returns for end-users and investors alike. As these cities tend to have limited supply of … READ FULL STORY
Institutional investments in the real estate sector in India over the last decade, are estimated to touch USD 5.5 billion in 2018, which is the highest ever since 2009. As of October 31, 2018, … READ FULL STORY
Co-working spaces are fast becoming popular in the country and their share in overall commercial leasing activity, is rising sharply. About seven million sq ft of co-working spaces have been leased in 2018 so … READ FULL STORY
Athira Sreedevi KV, a government employee, took a one-bhk apartment on rent in Bandra as it was close to her office, even though it meant spending much more on rent than what she was … READ FULL STORY
Karnataka’s minister for urban development and housing, UT Khader, on December 12, 2018, said that Rs 91.34 crores have so far been spent on seven cities in the state that have been selected under … READ FULL STORY
Seventy-two per cent of millennials (belonging to the age group of 18-23 years) have given co-living spaces a thumbs-up and over 55 per cent of the respondents in the age group of 18-35 years … READ FULL STORY
India witnessed a robust demand for office spaces in Q3 2018, recording approximately 12.3 million sq ft of gross absorption, indicating a 23 per cent growth over the corresponding period in 2017. As a … READ FULL STORY
In a bid to strengthen its existing commercial portfolio, Puravankara Limited has laid down an ambitious long-term strategy for the segment. Based on their current land portfolio, the Group envisions an expansion plan of … READ FULL STORY
