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Rental values in seven cities increases by 72% in three years

Cities like Bengaluru, Pune, Kolkata and Chennai, saw average residential rental values rising more than the capital values, areas in NCR, MMR and Hyderabad saw the reverse trend – the capital values appreciated more than the rental values. Rental values in key micro-markets of the top 7 cities have gone up to a significant 72% …

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Namma Metro Phase-3 Project: Property Prices In JP Nagar, Hebbal And Kempapura To Soar

The recent approval of Namma metro Phase 3 of the Bengaluru Metro Rail Project by the Union Cabinet is expected to significantly boost property prices in certain areas, according to real estate experts. The project, which will introduce two elevated corridors totaling 44.65 km, is expected to increase property prices by over 30%, as reported …

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Bengaluru’s Bagaluru, Whitefield ranked 1st, 3rd in highest housing price appreciation

Bengaluru’s Whitefield ranked third, with an 80 per cent rise in residential prices during the period. Housing prices in Bengaluru’s Bagaluru rose highest by 90 per cent since 2020, while Dwarka Expressway in Delhi-NCR ranked 4th with 79 per cent average appreciation, according to Anarock. Real estate consultant Anarock analysed price trends in the top …

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IT hubs on fire: Bengaluru and Hyderabad lead India’s real estate boom with home prices soaring up to 90%

Real estate markets in Bengaluru and Hyderabad—both located in the southern peninsula—are booming. Home prices have been on the rise for quite some time, but the country’s two major information technology hubs are now experiencing an unprecedented surge. Real estate markets in Bengaluru and Hyderabad—both located in the southern peninsula—are booming. The growing demand for …

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Bengaluru Emerges As India’s Leading Residential Real Estate Market

Bengaluru has solidified its position as India’s leading residential real estate market, with a remarkable 18,550 units sold in the last financial quarter, according to a report by JLL Research. The city also witnessed a surge in new launches, with 16,537 units entering the market, marking a 45 per cent increase compared to the previous year. …

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Affordable Rental Apartments: Top 5 Areas in Bengaluru

Despite soaring rental rates in Bengaluru, some areas still offer affordable housing options. Here’s a list of some areas that are relatively easy on the pocket local real estate brokers highlight several pockets within Bengaluru that continue to provide affordable rental accommodations. As Bengaluru solidifies its position as the IT capital of India, the escalating …

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Bengaluru real estate booms: Prices surge 57% in 5 years

Bengaluru, India’s dynamic metropolis known as the ‘Silicon Valley’ and ‘Garden City’, has emerged as a prime hub for residential and commercial real estate opportunities. According to the ANAROCK report titled‘Bengaluru’s Real Estate – Your Gateway to Opportunity’, the city has seen a remarkable increase in average residential prices, rising by 57% over the last …

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North Bengaluru set for economic takeoff with Aerospace Park

North Bengaluru will see further growth as the State Government plans to ramp up infrastructure around Aerospace Park. Large and Medium Industries Minister MB Patil said that Karnataka Industrial Area Development Board’s Aerospace and Defence park located near the Kempegowda International Airport will see big growth as steps are taken to ensure quality approach roads …

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E-Khata to be issued for properties across Karnataka, to be linked to Kaveri

While digitisation of all property records in Bengaluru is being planned, the same is now being proposed for the entire state. BENGALURU:  The Karnataka government is keen on digitising all property records in the state to ensure a smooth sale and purchase of properties, through which the government can earn appropriate revenue from taxes. The records …

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Bengaluru is where most NRIs want to purchase property, finds survey

Bengaluru is the top choice for non-resident Indians (NRIs) looking to buy property in India, according to a survey by proptech unicorn NoBroker. Of the 12,000 NRIs surveyed, 29% expressed interest in buying property in Bengaluru, while 24% were looking at Mumbai and 18% in Hyderabad. NRIs feel more secure in their home country and …

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