WHITEFIELD
Godrej Properties to develop 11-acre project at Pune with revenue potential of Rs 1,800 cr
The newly acquired land is situated in a prime area near the upcoming Megapolis Metro Station, enhancing its accessibility to major IT hubs in Hinjewadi. The location is anticipated to draw substantial interest from both residential and commercial investors due to its proximity to essential amenities such as schools, hospitals, shopping malls, restaurants, and premium hotels.
HDFC Capital exits Total Environment project in Bengaluru
HDFC Capital, a subsidiary of HDFC Bank and the real estate private equity arm of HDFC Group, has exited a Bengaluru project by Total Environment, yielding a return close to ₹300 crore. Initially investing ₹229 crore in the Whitefield-based Pursuit of a Radical Rhapsody project, HDFC Capital supported the development of one million square feet of residential apartments.
HDFC Capital exits with Rs 298 crore return from Total Environment project in Bangalore
HDFC Capital, a subsidiary of HDFC Bank Ltd, exited a Total Environment project in Bangalore, yielding a return of close to Rs 300 crore. The investment of Rs 229 crore was for a residential apartment project in Whitefield called "Pursuit of a Radical Rhapsody". Total Environment, founded in 1996, boasts a track record of delivering 5.5 million sft of residential and commercial space, with 14 million sft currently under construction. The successful exit reflects HDFC Capital's strategy of partnering with reputable developers to focus on high-quality homes in India.
Prestige Group acquires 21 acres of land in Whitefield, Bengaluru
Prestige Group acquires 21 acres in Whitefield, Bengaluru for Residential Development. Project worth Rs 4,500 crore, led by Venkat K Narayana. Sales to strengthen, launch in 3 quarters. Partnered with ADIA, Kotak.
Mahindra Lifespaces acquires 9.4-acre land parcel in Bengaluru's Whitefield
"Bengaluru continues to remain a focus market for us. This (deal) aligns with our strategy to deepen our presence in India's thriving urban centers, particularly within our focus markets," said Amit Kumar Sinha, Managing Director & CEO, Mahindra Lifespace Developers.
Sukino Healthcare Solutions secures NABH certification for Continuum Care Centre
Sukino Healthcare Solutions attains NABH certification for its continuum care centre in Whitefield, Bangalore, reinforcing its patient-centric model and commitment to high standards of care delivery, including quality management systems and infection control practices.
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Nine injured in suspected IED blast at café in Bengaluru's tech hub
Nine people were injured in a blast at a Bengaluru café. The explosion, caused by a suspected improvised explosive device, occurred at Rameshwaram Café in Whitefield. The incident triggered panic, with the chief minister promising strict action. Forensic experts are examining the scene, and the injured are in stable condition. The NIA is investigating, and the police are analyzing CCTV footage. BJP leaders criticized the Congress government, alleging links to anti-national elements. Authorities urge caution in crowded areas.
Rameshwaram Cafe blast: How it happened and what is state govt doing to nab the culprit?
A blast at Rameshwaram Cafe in Bengaluru's IT hub injured 10 people. The leader of the Bharatiya Janata Party (BJP) Tejasvi Surya trained guns at Karnataka Chief Minister Siddaramaiah. He said that the CM must give free hand to agencies to investigate the blast incident, adding that the state government is repeatedly changing its narrative on the matter.
Café Blast: Bespectacled man wearing mask & cap seen leaving bag with explosives, says CM Siddaramaiah
A bearded man wearing a mask, cap, and spectacle caused a blast at a café in Bengaluru's Whitefield. The Chief Minister formed a special team to track the man based on CCTV footage. The Deputy Chief Minister ensured a clean investigation and the government will bear the cost of treatment for the injured persons.
Karnataka on alert after 9 hurt in IED blast at Bengaluru cafe
The blast at Rameshwaram Cafe was a low intensity one set off by what looked like an improvised explosive device (IED), Karnataka chief minister Siddaramaiah said. A 'customer' took a token from the cashier, had food, and left his bag near the washbasin before leaving the place, he said.
Embassy Group inks joint development pact for premium residential project in Bengaluru's Whitefield
Embassy Group has signed a joint development pact for 3.75 acres of land in Whitefield, Bengaluru, to develop a premium residential project. The project, expected to go live by Q4 FY24, will cater to the housing demand of young professionals in the IT and ITeS sector.
Bengaluru techies, follow traffic rules or your firm will be notified about your violations
According to traffic police, in a bid to raise awareness about road safety and traffic rules, the east division of Bengaluru Traffic Police this week started a unique drive on a pilot basis along the city's Information Technology corridor covering the Outer Ring Road and Whitefield.
B'luru techies, follow traffic rules or your firm will be notified about your violations
The initiative was started in the particular jurisdiction after traffic police noticed a significant number of traffic violations, especially by techies who, in an attempt to reach to their destinations faster either end up jumping traffic signals or exceeding speed limits, thus violating traffic rules, a senior traffic official said.
Woman, 9-month-old daughter die after stepping on live wire lying of footpath in Bengaluru's IT hub Whitefield
A 23-year-old woman and her nine-month-old daughter lost their lives due to electrocution near the Hope Farm Junction in Bengaluru. The family accidentally stepped on a live wire left abandoned on the pavement. The incident has sparked an inquiry, and the energy minister has announced the suspension of the negligent Bescom officials.
Bengaluru: Leopard spotted roaming in Whitefield area
The spotted leopard was roaming in Bengaluru's Whitefield area, as per a news report. A post sharing this unusual sighting was circulated on social media platform X (formerly Twitter) by a page called Whitefield Rising. The post expressed concerns and hopes for the safe capture of the wild feline, stating, "Leopard back in Whitefield. Hope the leopard is safely captured."
Priyank Kharge hops on metro to attend tech event in Bengaluru, says ridership has jumped 100% in one week
Priyank Kharge's commute comes a day before Prime Minister Narendra Modi is scheduled to inaugurate virtually the Challaghatta-Kengeri and Byappanahalli-Whitefield sections on the east-west corridor.
Bengaluru's Namma Metro's entire Purple line to be open from Challaghatta to Kadugodi from Monday. Here are details
The entire purple line of the Namma Metro in Bengaluru will be open for commercial operations starting October 9. The missing links on this line, Challaghatta-Kengeri and K R Pura-Byappanahalli, will be operational without any formal inauguration. The decision was made due to immense public pressure and the need for seamless connectivity across the city.
Bengaluru’s tech workers can commute to Whitefield by metro from Monday
The Namma Metro in Bangalore will now be available for thousands of technology workers in the tech hubs of Mahadevapura and Whitefield. The Prime Minister of India, Narendra Modi, has asked the state government to open the two sections on the purple line immediately. The Bangalore Metro Rail Operations (BMRCL) had been waiting for a date from ministers to officially start operations on the Baiyappanahalli-KR Puram and Challaghatta-Kengeri sections.
Tata Realty & Infra buys 25-acre land parcel in Bengaluru for Rs 986 crore
Tata Realty and Infrastructure Ltd (TRIL), the real estate development arm of Tata Group, has acquired a land parcel spread over 25.3 acres in Doddanekundi near Whitefield locality in Bengaluru for over Rs 986 crore. The company has bought the land parcel from Graphite India through its wholly owned subsidiaries TRIL Bengaluru Real Estate Five Ltd and TRIL Bengaluru Real Estate Six Ltd.
Residents offer Rs 25,000 reward for missing beloved stray dog in Bengaluru
A group of residents in the upscale residential enclave of Prestige Shantiniketan in Whitefield, India has offered a reward of INR25,000 ($335) for information on the whereabouts of their beloved Indian Pariah dog, Patlu, who has been missing for over a month. Suspecting foul play, the community had filed an official complaint with the local police, as the security guard on duty at the time of the dog's disappearance provided a perplexing explanation for his actions during that fateful night. The community continues to hunt for Patlu, fueled by hope of reuniting with their cherished companion.
Enzyme Office Spaces takes on lease 1 lakh sq ft in Bengaluru; to invest Rs 15 cr to open 2 new coworking centres
Enzyme Office Spaces, which offers managed workplaces, has leased 100,000 sq ft area at Whitefield, Bengaluru and will invest around Rs 15 crore to set up two new facilities with a total capacity of 2,000 seats. The company plans to make these operational by November 2023. With this addition of two facilities, the total number of seats will exceed 27,000 in Bengaluru.
Enzyme Office Spaces adds 1 lakh square feet of managed workspace in Whitefield, Bengaluru
Ashish Agarwal, Co-founder & CEO of Enzyme Office Space, said, “These spaces will play a pivotal role in supporting emerging startups from the fintech, artificial intelligence, cyber security, data science, and SAAS domains in the city who are looking for cost-effective infrastructural solutions to focus on their core business”.
BHIVE Sets Up 2 lakh square feet co-working space in Whitefield
BHIVE, one of the top Coworking operators in the city, said that 20% of the seats have already been taken up by startups just after the pre-launch, in a testament to the growing popularity of the campus model as an exciting workplace for everyone.
Bangalore's office space rental expected to increase with full operation of metro project: Report
The office space rental in the micro market of Whitefield, Bangalore, is expected to see an upward trend of 8-10% over the next two years, with the Baiyappanahalli-Whitefield metro project likely to be fully operational by mid-year, said Colliers.
Bengaluru: Newly opened metro station on Whitefield line flooded after rains
According to the Met department, the Kempegowda International Airport in Devanahalli received 45.2 mm rainfall on Tuesday evening. Due to the heavy downpour, traffic was thrown out of gear and normal life was paralysed in Devanahalli.
PM inaugurates new Metro line in Bengaluru
Out of the 15.81 km extension under construction, the 13.71 km section from K R Puram to Whitefield was inaugurated on Saturday, they said, adding it would cut down journey time on this route by 40 per cent and reduce road traffic congestion.
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