Winkworth has informed that it plans to open office in Bangalore. The group has signed a master franchising agreement in India as its first step to enter India. London based largest chain of real estate agents’ franchiser Winkworth has said that it plans to set up offices in Bangalore. The firm has put ink on a master […]
Residential market in Bangalore is all set to see the rising demand for high rises. The developers are coming up with various high rises projects as well. Though high rises have become common in Mumbai and other top-cities, where the land scarcity is severe, Bangalore was not having many high rises, especially because the city […]
By skgupta
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Posted in Property News
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Also tagged Bangalore real estate, CBRE South Asia, Equinox Water's Edge, high rise apartments, High rises, Mantri DSK Pinnacle, Mumbai real estate, Ram Chandnani, Sobha Indraprastha, vertical real estate development, Water's Edge
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January 25, 2013 – 7:19 pm
Bangalore, most important IT- Hub in India, sees lower office space absorption due to the decreased demand from the IT and ITeS sectors. Office space absorption in Bangalore is directly related to the performance of IT and ITeS sectors. When these sectors’ demand is better the office space absorption in the city is also better. […]
January 23, 2013 – 6:50 pm
Compared to the previous year, in 2012, office space absorption fell sharply in Bangalore. The decreased demand from the IT and ITeS sector is pointed as the main reason for this lowered office space absorption. Office space absorption in Bangalore is always dependent on the IT and ITeS sectors. Whenever there is a higher demand […]
December 19, 2012 – 6:55 pm
Outer Ring Road (ORR Bangalore) gives better odds to real estate market Bangalore. A Jones Lang LaSalle India report said that Outer ring road is one of the best performing commercial areas of the city. According to the latest report of JLL, ORR Bangalore is the best performing commercial area. JLL report also highlighted the […]
Decades ago, localities used to call Koramangala ‘Sollemangala’ (Solle means mosquitoes in Kannada). The area spread over 1,800 acres in eight blocks, was once petrified by mosquito menace and mangroves. It was a village and was considered not a great place to live for a Bangalorean in the 80s and 90s. Today, it is one of the hottest real […]
Until a few decades ago, people came to Bangalore essentially for the horse races. Once the racing season was over, the city emptied out. Bangalore had little else to offer. Today the racecourse has been moved out of the city—a former chief minister’s dream of erecting a 100-story commercial tower à la Singapore in the […]
Anand Rathi Financial Services and property consultancy Knight Frank India are planning to launch their second real estate fund by end of this months and looking to raise around Rs 500 crore (~$100 million), sources close to the development told VCCircle. Unlike its peers who are hitting foreign shores to raise new funds, the joint fund rental yield […]
Healthy order book, strong balance sheet and the potential to unlock value from real estate projects make Unity Infraprojects a decent investment idea on a medium-term basis. Mumbai-based Unity Infraprojects is a small-sized construction firm operating in buildings, water and roads segments. The company is also developing real estate on its land parcels in Nagpur, Bangalore, Pune, Kolkata […]
While demand for residential space was mostly sluggish in 2011, demand for office and retail space remained healthy in Bangalore. The market for commercial space is estimated at 50 mil sq. ft. across the country. The average yearly absorption rates in Bangalore and NCR are about nine mil sq. ft. While six mil sq. ft. […]
By skgupta
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Posted in Property News
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Also tagged Chennai, Commercial Space, DTC, Hyderabad, IT & ITES sector, Jones Lang LaSalle India, Kalyani Developers, Karun Varma, MNC IT companies, Mumbai, Ncr, Office, Residential Space, Shrinivas Rao, Vestian Global Workplace Services
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The sale of Leela Kempinski Kovalam was among the top 10 hotel deals in Asia during the past one year, shows data from the US-based research firm Real Capital Analytics. Real Capital, which tracks and analyses real estate deals worth over $10 million across apartments, hotels, retail, industrial, office and development projects over the world, […]
Real estate developer Brigade Group has opened its flagship retail venture Orion mall in Brigade Gateway Enclave, Bangalore. Spread over 8.2 lakh sq. ft., the mall houses a mix of global and national brands. Brigade Group has completed over 100 projects, developing over 20 million sq. ft. of area since 1986. Orion mall is developed […]
By skgupta
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Posted in Property News
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Also tagged Brigade Gateway Enclave, Brigade Group, CMD, Columbia Asia Hospital, Galaxy Club, Jaishankar, Karaoke bar, New York, Orion Mall, PVR multiplex, Real Estate, Realty developer, Reliance Digital store, Sheraton Bangalore hotel, Star Bazaar, The Brigade School, World Trade Centre
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The real estate sector in Bangalore has grown to a large extent in the past one year. In the year ahead, the city’s realty is expected to grow by 25 per cent as per the CREDAI estimation. “We are expecting the realty to grow by 25 per cent in the coming year. Last year too […]
As the speculations about the Union Budget 2012-13 already doing the rounds, city’s real estate industry also has expressed its expectations. Mainly revolving around increased subsidy on interest rate for loans towards affordable housing and industry status for taxation and construction and relaxation of FDI up to 51 per cent into multi-branding, the industry is […]
By skgupta
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Posted in Property News
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Also tagged CEO of Vakil Housing Development Corporation Limited, chairman and MD of Synergy Property Developments Services., favourable budget, FDI, H R Girish, highs and lows in 2011, Home Loan Rate, president of CREDAI, RBI’s intervention, Real Estate Industry, Sankey Prasad, Sushil Mantri, Union Budget 2012-13.
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A Bangalore based residential project has won the runner up award by the International Real Estate Federation (FIABCI). ‘Bearys Lakeside Habitat’, a twin tower residential project was awarded the prestigious award on May 27 at Bali, Indonesia. The ceremony was held in the presence of the President and the First lady of the Republic of […]
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Also tagged Bali Indonesia, Beary, developers, Dignitaries, Excellence Award, First Lady, Habitat, Indian Real Estate, International Real Estate, Occasions, Presence, Prestigious Award, Republic Of Indonesia, Residential project, Siddique, Twin Tower, Wins
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October 3, 2009 – 5:31 pm
UK-based investment group Duet’s Indian hospitality arm Duet India Hotels is looking for more land to expand its portfolio and add more than thirteen hundred rooms by the end of this financial year. The group plans to develop 20- 30 mid- scale and upper middle segment hotels with around five thousand rooms in the next […]
PropertywalaProvident Housing is a fully-owned subsidiary of the Bangalore-based Puravankara Group. Provident housing is learnt to have bought a 62-acre land parcel in the outskirts of Bangalore. The deal is believed to have been struck for a value of 150 crore rupees. The deal between Provident Housing and the seller, who is an individual, was […]
The financial capital Mumbai now ranks as the most preferred destination for investing in properties, while Chennai has replaced Bangalore. The survey, “Trend in residential space across top cities in the current scenario” ranked Mumbai as the most preferred destination to invest in property while in south, Chennai is in the first place for property […]
Real estate monitorThe government department responsible for the promotion of industry is proposing easier rules to allow overseas investors to be part of smaller real estate projects and lower capitalisation norms for those which involve facilities in hospitality or tourism sector. The department of industrial policy & promotion, which handles the FDI policy, in a […]
SALES slowdown, stagnating capital values and a need to manage resources better are pushing Indian realty firms to invest in technology that will help them achieve optimum productivity, information access and regulatory compliance. End-to-end enterprise resource planning (ERP) solutions, that manage diverse projects across different locations, are slowly finding favour. ERP vendors are seeing increased […]
January 9, 2009 – 12:38 am
With reduction in land prices , an average 30% across India in the past 6 months, many medium-sized developers are trying to renegotiate the joint development agreements, they had signed with landowners earlier. “Renegotiations have definitely started happening now with a drop in land prices,” says Cushman & Wakefield director (land & industrial) Manish Aggarwal. […]
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Also tagged Cushman, Development Agreements, India, Internal Rate Of Return, Landowners, Parameters, Private Equity Partners, Rate Of Return, Real Estate Developers, Realty Cos, Wakefield
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December 13, 2008 – 3:54 am
If October was the Month of Buy 1 , Get 1 Free!!!. December is the Month of Buy 1 and Get 2 FREE. Yes this is the Tagline by the Desperate Orange properties of Bangalore. This time around they are offering 2 pieces of land for FREE one near Devanhalli and other near Tumkur on […]
December 2, 2008 – 8:30 am
Its raining discount here in Bangalore on residential projects being developed by Sobha Developers. Residential demand in Bangalore is currently sluggish. Although the company plans to launch one new project in Bangalore in Fiscal year 2009, given the slowdown in demand, the company has pushed back time lines of its other planned projects. The company […]
September 3, 2008 – 9:34 am
Real estate firms will enter into joint development for construction projects by selling land parcels to other builders, given the drop in sales of apartments and inflationary trends. Pankaj Jaju, head-real estate practice, Enam Securities told FE, “Metros and Tier II towns having a huge pipeline of projects have witnessed a 60% drop in sales […]
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Also tagged Bandra Kurla, Bkc, Chennai, Construction Projects, Crunch, Enam Securities, Industry Experts, Inflationary Trends, Land Parcels, Metros, Mumbai, Pune, Puravankara Projects, Raw Material, Real Estate, Realty Firms, Tier Ii
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August 23, 2008 – 2:14 am
Office rental prices are unlikely to see any major fall across the country’s three major business hubs National Capital Region, Mumbai and Bangalore even as the commercial realty markets in these areas are expected to witness a significant surge in supply, a leading real estate consultancy firm said. While Bangalore is expected to witness further […]
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Also tagged Asia Pacific Region, Cbre, Commercial Realty, Commonwealth Games, Delhi Ncr, Gurgaon, Hubs, Leading Real Estate, Mumbai, Office Space, Rental Values, South Delhi
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