Tag: #Bengaluru

Bengaluru Municipal Corporation elects to fine illegal constructions.

February 21, 2020

The government is set to enforce a law to regulate unauthorized building construction in Bruhat Bengaluru Mahanagara Palike (BBMP) limits by penalizing those who breach the construction norms with a fine. On February 18, the Government tabled in the assembly the Karnataka Municipal Corporations (Amendment) Bill 2020. The bill aims to penalize those who create […]

Bengaluru Municipal Corporation elects to fine illegal constructions.more

Singapore’s GIC is going to purchase Tech Park in Bengaluru for Rs. 2,500 crore.

February 19, 2020

Singapore’s GIC sovereign wealth fund is the front runner in acquiring Mapletree Investment’s Global Tech Park in Bengaluru for nearly Rs 2,500 crore, in the commercial real estate area of India, with the largest output of private equity (PE). “GIC is now shortlisted and the documentation is in the process while it has not yet […]

Singapore’s GIC is going to purchase Tech Park in Bengaluru for Rs. 2,500 crore.more

Home buyers finally got the status of Primary secured creditors

Bengaluru-based Embassy group is going to invest Rs 2,000 crore into co-living space.

January 22, 2020

On 21st January, the Bengaluru-based Embassy Group has entered into co-living space and plans to build six such buildings in Bengaluru and Chennai. They are planning to widen there co-living brand Oliven to Hyderabad, Mumbai, Pune and Delhi-NCR. Initially, 20,000 beds space is being launched, starting from Bengaluru (15,000), Chennai (2,500) and Pune (2,500) and […]

Bengaluru-based Embassy group is going to invest Rs 2,000 crore into co-living space.more

The Bengaluru CBDs became Asia Pacific best performing market, expected to grow more in 2020.

December 27, 2019

Despite slow economic growth and rental in the Central Business Districts (CBDs) of Bengaluru and Mumbai, the Indian Office Market will continue to be strong in 2020, while CBD rental growth is expected to remain steady in the National Capital Region (NCR), Knight Frank India said. The CBD of Bengaluru is expected to see more […]

The Bengaluru CBDs became Asia Pacific best performing market, expected to grow more in 2020.more

Prestige Estates approved a preferential issue of GIC investment worth Rs 430 crore.

December 24, 2019

Singapore’s GIC Sovereign Fund invests about Rs 430 crore in Prestige Estates by way of a preferential issue of equity shares. In a regulatory filing, Prestige said that the GIC investment company Gamnat Pte will procure the company’s 13.4 million Bengaluru equity shares at Rs 323.22 per share. The Gamnat preferential issue has already been […]

Prestige Estates approved a preferential issue of GIC investment worth Rs 430 crore.more

Indiabulls Real Estate Ltd triggers Rs 500 crore buyback of shares.

October 11, 2019

On Friday, Indiabulls Real Estate Ltd (IBREL), announced a buyback of up to 5 crore shares per Rs 100 which could cost the company up to Rs 500 crore. The amount of the buyback is more than twice as high as the current BSE share price, which stands at Rs 43.40. IBREL told in a regulatory […]

Indiabulls Real Estate Ltd triggers Rs 500 crore buyback of shares.more

Puravankara Ltd is going to launch its first co-living space project in Goregaon, Mumbai.

August 26, 2019

By Abhay Shah, Realty Quarter The real estate company Puravankara Ltd is entering in a co-living segment and is developing its first project, which includes more than 1,000 beds, in Mumbai, said a top official. The company based in Bengaluru has identified a project for this growing segment in Goregaon, Mumbai, said MD Ashish R Puravankara. The firm still has to […]

Puravankara Ltd is going to launch its first co-living space project in Goregaon, Mumbai.more

Over 50% of developers exit the real estate market in top 9 cities.

July 18, 2019

By Abhay Shah, Realty Quarter There has been massive consolidation of developers in the top 9 cities in India, with over 50% of the total developers that existed in 2011-2012 leaving the market by 2017-18, the report says. Developers consolidated in Gurugram, Noida and Chennai has been to the amount of 70% since 2011 to date […]

Over 50% of developers exit the real estate market in top 9 cities.more

ASK Property Invests Rs. 350Crore accumulated in Paranjape Group and Naiknavare Group projects.

May 12, 2019

By Abhay Harish Shah , Realty Quarter ASK Property Investment Advisors are the property advisor who manages and gives information on real estate committed funds. Recently, ASK Property Investment Advisors has invested for residential and commercial projects located in Pune. This project is based on realty developers called Paranjape Group and Naiknavare Group. ASK Property […]

ASK Property Invests Rs. 350Crore accumulated in Paranjape Group and Naiknavare Group projects.more

Property forecast for metropolitan cities – 2019.

April 3, 2019

By Abhay Harish Shah , Realty Quarter In 2018, the real estate business attention was on guaranteeing affordable houses, adjusting the effect of the Goods and Services Tax (GST) and improving deals, while additionally seeing the aftermath of the liquidity emergency of NBFCs. The purchasers’ state of mind, then again, was that of wary hopefulness. […]

Property forecast for metropolitan cities – 2019.more

Tag: #Bengaluru

Sign Up for our Free Newsletter