Bangalore Property Prices

House owners in Bengaluru, India's 'Silicon Valley',are slashing house rents while offering better amenities to lure tenants.

The housing price index shows that in Delhi NCR region prices fell 1.5 per cent in January-March 2014 compared to last year. In Bangalore, prices also showed a decline of 1.8 per cent. In Mumbai and Kolkata housing prices were up 3 per cent and 4.5 per cent. Chennai however saw a double-digit gain of 12.5 per cent.

Property prices in India are likely to increase only after six months when the country will get a new government, a survey said in Mumbai on Monday.

Office space absorption is likely to rise 7 per cent this year to 29 million square feet in India's seven major cities as corporates look at expanding businesses, according to a report by global real estate consultant DTZ.

There is a declining trend in the construction of housing activities in big cities like Kolkata and Chennai whereas a growth is apparent in small cities like Bhopal and Hubli in the housing sector, according to the Housing Start Up Index.

Tata Group realty firm Tata Housing has bought 20 acres of land in Bangalore from Alstom T&D India for Rs 120 crore to develop a luxury housing project at the site.

According to JLLM report, builders in Mumbai are sitting on inventory of 48 months, while Delhi real estate inventory is pegged around 23 months. Bangalore inventory levels are as high as 25 months.

The increase has been even higher at 70 per cent in Thane and 74 per cent in Navi Mumbai.

The Bruhat Bengaluru Mahanagara Palike, or BBMP, is likely to hike property tax rates to drum up its tax collections for the current fiscal year, and hopes to mop up Rs 880 crore of its total expected collection of Rs 2,000 crore from this avenue.

Showing a mixed trend, housing prices in 11 cities, including Bangalore and Kolkata, declined by up to 5 per cent in July-September, while rates in nine other places increased by up to 10 per cent, according to National Housing Bank (NHB).

If you missed our coverage, here are the top ten stories of the day

The sluggish property market in Mumbai is not an indicator of the boom witnessed in the rest of India. If the absorption rate of property is anything to go by, Bangalore, Chennai, Gurgaon are witnessing a significant demand for residential property. Here are trends that could help you comprehend the trend in each city.

Bangalore will wake up to a new beginning on Thursday. For residents who are tired of the city's chaotic traffic, they will now have the options to chose from. The advantages of a sound mass transport system may not show immediately for the people, but realty prices, which have already risen sharply may see further jump. The Reach-1 of the ...

With the inauguration date of the Metro Reach I inching closer, rates of properties along the 6.7-km stretch of the mass transit system have shot up significantly, much to the pleasant surprise of realtors. According to real estate experts, the metro project has jacked up rates by at least 20 per cent from Rs 7,000 per square feet to Rs 8,500 in t...

House owners in Bengaluru, India's 'Silicon Valley',are slashing house rents while offering better amenities to lure tenants.

The housing price index shows that in Delhi NCR region prices fell 1.5 per cent in January-March 2014 compared to last year. In Bangalore, prices also showed a decline of 1.8 per cent. In Mumbai and Kolkata housing prices were up 3 per cent and 4.5 per cent. Chennai however saw a double-digit gain of 12.5 per cent.

Property prices in India are likely to increase only after six months when the country will get a new government, a survey said in Mumbai on Monday.

Office space absorption is likely to rise 7 per cent this year to 29 million square feet in India's seven major cities as corporates look at expanding businesses, according to a report by global real estate consultant DTZ.

There is a declining trend in the construction of housing activities in big cities like Kolkata and Chennai whereas a growth is apparent in small cities like Bhopal and Hubli in the housing sector, according to the Housing Start Up Index.

Tata Group realty firm Tata Housing has bought 20 acres of land in Bangalore from Alstom T&D India for Rs 120 crore to develop a luxury housing project at the site.

According to JLLM report, builders in Mumbai are sitting on inventory of 48 months, while Delhi real estate inventory is pegged around 23 months. Bangalore inventory levels are as high as 25 months.

The increase has been even higher at 70 per cent in Thane and 74 per cent in Navi Mumbai.

The Bruhat Bengaluru Mahanagara Palike, or BBMP, is likely to hike property tax rates to drum up its tax collections for the current fiscal year, and hopes to mop up Rs 880 crore of its total expected collection of Rs 2,000 crore from this avenue.

Showing a mixed trend, housing prices in 11 cities, including Bangalore and Kolkata, declined by up to 5 per cent in July-September, while rates in nine other places increased by up to 10 per cent, according to National Housing Bank (NHB).

If you missed our coverage, here are the top ten stories of the day

The sluggish property market in Mumbai is not an indicator of the boom witnessed in the rest of India. If the absorption rate of property is anything to go by, Bangalore, Chennai, Gurgaon are witnessing a significant demand for residential property. Here are trends that could help you comprehend the trend in each city.

Bangalore will wake up to a new beginning on Thursday. For residents who are tired of the city's chaotic traffic, they will now have the options to chose from. The advantages of a sound mass transport system may not show immediately for the people, but realty prices, which have already risen sharply may see further jump. The Reach-1 of the ...

With the inauguration date of the Metro Reach I inching closer, rates of properties along the 6.7-km stretch of the mass transit system have shot up significantly, much to the pleasant surprise of realtors. According to real estate experts, the metro project has jacked up rates by at least 20 per cent from Rs 7,000 per square feet to Rs 8,500 in t...