BENGALURU PROPERTY PRICES
Mumbai and Hyderabad accounted for 43 pc of new residential launches in H1 Fy25: JLL report Mumbai and Hyderabad spearheaded the surge in residential launches, contributing 43 per cent of new units, with India's market hitting new heights in H1 2024. The two cities together launched a record 160,000 units (5 per cent increase from H1 2023)...
13 Jul, 2024, 12.14 PM ISTTrifecta Projects launches a new housing project in Bengaluru An eco-luxury living project, Trifecta Vanto, is located in the prime area of Sarjapur Road in East Bengaluru. Read on to discover the array of sustainable luxury offerings with environmentally friendly features.
10 Jul, 2024, 09.30 AM ISTMarriott ties up with Whiteland corporation for first branded residences project The Gurugram property, with an investment of more than Rs 5,600 crore, will be developed in phases with local developer Whiteland Corporation and will encompass an area of 6 million square feet, Trinh Quynh Phuong, vice president of mixed-use develo...
05 Jul, 2024, 07.14 PM IST- ADVERTISEMENT
Residential property sales highest in a decade: Not affordable housing, but this segment emerges as top favourite India's real estate sector remained buoyant as residential housing sale surged to an 11-year high in the first half of 2024. A total of 1.73 lakh residential units sold during the January-June period of 2024, according to the Knight Frank report. Mu...
05 Jul, 2024, 06.49 PM ISTHousing sales in top 30 Tier II cities up 11% in FY24 to nearly 2.08 lakh units: PropEquity Housing demand in India has increased by 11% last fiscal, reaching nearly 2.08 lakh units across 30 Tier II towns, according to PropEquity's report. The top 10 Tier II cities contributed 80% to the total sales in these small towns, with sales of 1,6...
05 Jul, 2024, 11.20 AM ISTStable economy boosts India's housing market to new heights, scales 11-year peak The housing property market across India is seeing substantial growth in sales volumes, driven by stable economic conditions and continued confidence, even amidst higher mortgage rates. This uptrend is led by the top eight cities, including Mumbai, ...
05 Jul, 2024, 09.54 AM ISTBCD Group bags 1.5 mn sft of residential development in Bengaluru BCD Group secured a 1.5 million sqft residential project in Bengaluru from Ramsons Trendsquares for Rs 660 crores, their first collaboration. The mixed-use development spans 6.5 acres with 600 units in phase 1 and 5 million sqft in phase 2. With the...
04 Jul, 2024, 05.09 PM ISTGodrej Properties sells more than 2,000 flats in Bengaluru for over Rs 3,150 crore With the successful launch of this project, Godrej Properties said the company has surpassed its full-year FY24 sales in South India within the first quarter.
02 Jul, 2024, 11.52 AM ISTPrices of premium residential under-construction properties continue to rise in top cities According to Savills India, prices of premium under-construction residential properties surged up to 53% in major cities like Gurugram, Delhi, Noida, Bengaluru, and Mumbai. Gurugram led with the highest increase. North Goa also saw a 28% rise in vil...
02 Jul, 2024, 12.29 AM ISTThis Indian city sees third highest jump in prime residential property prices in the world: Report In Q1 2024, Mumbai led Indian cities with an 11.5% year-on-year increase in prime residential prices, ranking third globally in Knight Frank's Prime Global Cities Index. Delhi followed with a 10.5% rise, securing fifth place. Knight Frank attributed...
30 Jun, 2024, 11.48 AM ISTHousing sales likely to fall 2 pc in Apr-June to nearly 1.2 lakh units across top 9 cities Housing sales estimated to decline 2% to nearly 1.20 lakh units in current quarter across major cities, mainly due to lower demand in Hyderabad and Pune, as per PropEquity data.
20 Jun, 2024, 04.52 PM ISTShare of high-value property transactions doubles since 2019 There has been a consistent increase in the sale of properties in higher price brackets, including those valued between Rs 75 lakh-1 crore and above Rs 1 crore. This trend suggests a growing inclination towards upscale real estate offerings, potenti...
18 Jun, 2024, 12.15 PM ISTMumbai luxury property market records 3rd highest price rise globally in Q1 Mumbai saw a significant rise in prime residential prices, recording the third highest year-on-year growth globally. New Delhi also saw an increase, while Bengaluru experienced a slight drop. Mumbai's growth was driven by strong demand for higher va...
13 Jun, 2024, 01.25 PM ISTIndia’s retail realty expansion to continue led by urbanization, consumption growth The top seven Indian cities--Mumbai, Delhi-NCR, Bengaluru, Hyderabad, Pune, Kolkata, Chennai--will add over 45 million sq ft of retail real estate through 88 new developments. This anticipated growth will outstrip the retail space supply from the pa...
03 Jun, 2024, 01.31 PM ISTPE Fund Mapletree acquires Bengaluru land for over Rs 1,900 crore Adarsh Developers, a real estate development company, has recently completed the sale of a 41-acre land parcel in Bengaluru to Mapletree Investments, a private equity fund based in Singapore. The transaction, valued at over Rs 1,900 crore, forms a k...
24 May, 2024, 10.02 AM ISTHousing prices in this Bengaluru area jumped 32% in Q1; know how much property prices have risen in your city Average housing prices in Bengaluru have increased by 19% year-on-year (YoY) in the January-March quarter of 2024. It was the highest increase in residential prices among the eight cities, according to a report released by CREDAI and Colliers Liases...
16 May, 2024, 04.04 PM ISTHousing prices in top 8 markets rise average 10% on-year in Q1: Report Residential real estate in top Indian cities saw a 10% average price increase YoY in the Jan-Mar quarter, driven by strong demand. Bengaluru, Delhi NCR, Ahmedabad, and Pune led with double-digit growth. Unsold inventory increased marginally national...
16 May, 2024, 01.09 PM ISTSPL acquires 4 acre land parcel near Electronic City, Bengaluru Shriram Properties Limited (SPL) has acquired a 4 acre land parcel in Chandapura, near Electronic City in Bengaluru, to develop residential communities. The project, expected to generate revenue over Rs 259 crore, will cover 4 lakh sq ft and include...
03 May, 2024, 02.31 PM ISTQuess Corp MD buys 10,000 sq ft plot for ₹67.5 cr in Bengaluru At ₹70,300 per sq ft, the deal set a new benchmark for the property market in the country's technology hub. "The deal was closed last week, and the property belonged to Arvind Reddy and Geeta Reddy. The last deal closed in this locality was clinched...
18 Apr, 2024, 02.33 PM ISTHousing market continues to defy higher mortgage rates, property prices Despite higher mortgage rates and rising prices, India's residential property market is thriving. The first quarter of the year saw record-breaking sales, with 74,486 apartments sold in the top seven markets. Mumbai, Bengaluru, and Pune led the way,...
16 Apr, 2024, 12.49 AM IST