Tag: #Bengaluru

According to British Land, a disinterest in purchasing property has a negative impact on valuations.

November 17, 2022

BENGALURU: The rapid rise in borrowing costs, according to British Land Co, has reduced investors’ appetite for property acquisitions, causing valuations to fall in the first half. The UK commercial property sector’s tentative recovery from pandemic lows is being suffocated by aggressive interest rate hikes to tame inflation and deepening recession fears. British Land, the […]

According to British Land, a disinterest in purchasing property has a negative impact on valuations.more

Housing demand in India is up 7.3% year on year, while supply is up 6%.

October 29, 2022

NEW DELHI: According to the Magicbricks Proplndex report for Q3, 2022, aggregate demand (searches) in India’s top 13 cities increased 7.3% YoY (year on year), while cumulative supply (listings) increased 6.0% YoY. According to the report, aggregate demand and cumulative supply fell slightly year on year (quarter on quarter). Greater Noida, Gurugram, Bengaluru, and Mumbai […]

Housing demand in India is up 7.3% year on year, while supply is up 6%.more

There will be no GST on the sale of plots with basic infrastructure: AAR

September 23, 2022

The land has always been clearly exempt from GST. However, a never-ending battle erupted over whether the sale of plots following basic development is subject to GST. This case is nearing its end. MUMBAI: The GST-Authority for Advance Rulings (AAR) Karnataka bench has ruled that the goods and services tax (GST) is not applicable on […]

There will be no GST on the sale of plots with basic infrastructure: AARmore
Metro Construction

The Metropolitan Planning Committee (MPC) has approved Phase II-A and Phase II-B of the Bengaluru Metro.

May 11, 2021

Namma Metro’s Phase II-A (Central Silk Board to KR Puram) and Phase II-B (KR Puram to the Kempegowda International Airport) project cover 58.19 km, have been approved by the Metropolitan Planning Committee (MPC). The approval took place months after the Centre’s approval and almost 2 years after the state government’s approval. However, it is unclear why […]

The Metropolitan Planning Committee (MPC) has approved Phase II-A and Phase II-B of the Bengaluru Metro.more
Commercial Property

Apple is likely to get 3.5-lakh sqft of office space in Bengaluru.

August 17, 2020

India’s pandemic-crushed in and around Bengaluru and Hyderabad commercial property renting market that is being sprouted up by deals also major cities such as Mumbai and NCR see changes going back to normal. Negotiation with builders is done by Apple for a 350,000 sqft office space in Bengaluru which will work its global markets, and […]

Apple is likely to get 3.5-lakh sqft of office space in Bengaluru.more
SPL-SLV-Infra-partnership

Shriram Properties expands its plotted development portfolio; Partners with SLV Infra Projects

June 11, 2020

SPL is planning to launch 4-5 plotted development projects this year, through a strategic partnership with SLV Infra Projects Bengaluru, 1 June 2020: Shriram Properties Limited (SPL), one of South India’s leading residential real estate development company, announced further expansion of its plotted land development portfolio through a strategic partnership with SLV Infra Projects, which […]

Shriram Properties expands its plotted development portfolio; Partners with SLV Infra Projectsmore
Housing Plots

Karnataka government plans to raise funds by selling Bengaluru housing sites.

April 14, 2020

As per Chief Minister B.S. Yediyurappa on 13 April, with the coronavirus pandemic and subsequent 21-day lockdown causing a financial crisis, cash-starved Karnataka agreed to auction 12,000 housing sites to raise funds. “The government will auction 12,000 corner sites, idle in Bengaluru, to collect funds for development work,” Yediyurappa said following a meeting with ministers […]

Karnataka government plans to raise funds by selling Bengaluru housing sites.more
Co-working Space

US-based company Kovorks partnered with Marvel Infrabuild to develop India’s largest co-working space in Bengaluru.

March 19, 2020

US-based flexible office space provider Kovorks collaborated with city-based Marvel Infrabuild to create India’s largest coworking facility with a capacity of around 25,000 desks. The new luxurious co-working space would extend across 15,000,00 sqft at Whitefield main road. Kovorks already runs versatile offices in seven locations in the US and Malaysia. “India’s co-working market has […]

US-based company Kovorks partnered with Marvel Infrabuild to develop India’s largest co-working space in Bengaluru.more
Bengaluru

Yerappanahalli, an emerging residential locality in Bengaluru.

March 5, 2020

Yerappanahalli is located in the north-eastern outskirts of Bengaluru. The airport and Manyata Tech Park are near to it. Sources report that approximately 86% of the available properties are residential plots and 14% are residential houses. The Yerappanahalli locality rating by the consumers is 4 out of 5 on livability. The ideal type of property […]

Yerappanahalli, an emerging residential locality in Bengaluru.more
Google Office

Search Engine giant Google is going to lease 1.2 million sqft office space in Bengaluru.

February 27, 2020

Google leases about 1.2 million sqft of office space in Bengaluru from commercial developer Bagmane Group, people familiar with the matter said. The deal will be one of the biggest in the country’s largest office sector this year. The lease will add to the tech giant’s portfolio of real estate in Bengaluru, where it has […]

Search Engine giant Google is going to lease 1.2 million sqft office space in Bengaluru.more