Bengaluru

According to the ANAROCK Consumer Sentiment Survey 202,3 there is still a strong demand for mid-range and luxury properties, with 59 percent of consumers favoring residences between Rs 45 lakh and Rs 1.5 crore. The residences priced between Rs 45 and Rs 90 lakh are the most popular (favorited by 35% of respondents), followed by homes priced between Rs 90 and Rs 1.5 crore by 24% of respondents. This...

Birla Estates has just finalised five projects across Bengaluru, Mumbai, Pune, and Delhi, with a potential income of about Rs 9,000 crore, according to KT Jithendran, managing director and CEO of Birla Estates Private Limited. Birla Estates intends to begin new projects and phases in major cities. These will include ultra-luxury projects in Mumbai, luxury projects in Bengaluru, and mid-segment...

Tata realty and infrastructure limited plans to launch 9 million square feet of residential real estate inventory with a topline of Rs 11,000 crore over the next four years. We are putting 70% of efforts on premium luxury projects and the remaining on affordable and mid-segment projects, said by Sanjay Dutt, MD and CEO at TRIL. He claimed that locations like Bengaluru, Mumbai, and Delhi NCR will...

One Group Developers has won the e-auction organised by Haryana Shahari Vikas Pradhikaran (HSVP) for a 3,486 square meter of plot in Gurgaon. According to the business's director Udit Jain, the company will spend Rs 57.2 crore for the land and invest another Rs 50 crore to create a residential complex on it. One Group will develop a premium housing project and will take advantage of...

Listen To The Article Godrej Properties Limited, encouraged by the strong housing demand, purchased 18 land parcels in 2023 for the development of new projects with an estimated sales potential of more than 32,000 crores. The Mumbai-based Godrej Properties, a part of the behemoth Godrej Group, stated that it will add new land parcels with a sales revenue potential of Rs 15,000 crore. In order...

Listen To The Article According to international property consultant Savills, premium residential values in Mumbai, Bengaluru, Delhi, Gurugram, and Noida will rise significantly through 2022. Demand for rental properties has also increased as professionals have returned to their workplaces. End-users are considering renting larger homes in residential complexes with superior facilities in...

Listen To The Article As per the recent report by property consultant ANAROCK, real estate developers increased the pace of construction in 2022, finishing 4.02 lakh housing units across seven major cities as compared to 2.79 lakh homes in the year 2021. The top 7 cities experienced record-breaking housing sales and new launches in 2022. Unit completions have also continued to rank first...

Listen To The Article The new residential property supply increased 51% last year to 3,57,635 units across seven major cities as many builders launched more projects to meet rising housing demand. According to the leading housing brokerage's annual report for the year 2022, new launches increased to 3,57,635 units last year from 2,36,693 units in 2021 across seven major cities. Housing unit launches...

Listen To The Article According to a survey, approximately 20 percent of NRIs intend to buy homes in NCR cities for investment purposes. Other major cities on the NRI's wish list include Bengaluru and Hyderabad. As per the report, the devaluing rupee and the ongoing resilience in the Indian residential real estate market are significant draws for NRIs to invest in their home country....