Tag: real estate in bangalore

Weak IT- Demand Lowers Office Space Absorption In Bangalore

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. […]

Office Space Absorption Lowered: Bangalore Market Affected

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 […]

Realty co plans separate account for lavish project

To bring in more transparency to its accounting procedure, Bangalore-based real estate developer Lalith Gangadhar Constructions will maintain an exclusive construction escrow account with Kotak Bank for the LGCL-Ashlar project it is developing in Garden City. The Rs 150-crore project comprises 63 villas on 7.75 acres, each carrying a minimum price tag of Rs 2 […]