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Real Estate India

2018 is expected to see a spurt in global investments in real estate in India. This includes Bengaluru too. The spate of regulatory reforms has instilled a high level of confidence in not only Indian investors but also the global ones. Apart from Singapore, Canada and the US, other countries such as the Netherlands, Hong Kong, Qatar, China and Japan will also be spending big bucks here. With the commercial property market set to soar,… Read More »

Nri Investment in India

It is 2018, the start of a new year, and investing in Indian real estate for Non-Resident Indians (NRIs) is poised for accelerated growth. Over the past few decades, the NRI population has been growing rapidly, and is now estimated to have crossed 12 million people. More and more NRIs are getting drawn towards investing in Indian real estate because of a variety of factors. Higher currency valuations, improved standard of living, better social infrastructure… Read More »

Apartmemnts in Hosur road

Whenever you are thinking of investing in property in Bengaluru’s Hosur Road, your mind gets bombarded with questions. One such question that will surely boggle your mind is – should I invest in a ready-to-move property (RTM)? While there are numerous benefits of investing in Bengaluru’s RTM properties, here we will discuss a bit about the financial benefits of taking such a decision. In Bengaluru, the demand for ready-to-move properties is always high. If you… Read More »

sbi

On Nov. 01, Wednesday, State Bank of India’s benchmark lending rate cut will become effective. The state-run lender has slashed the rate by 0.05 percent across maturities. SBI has made the announcement on its official website. The largest Indian bank’s marginal cost of funds based lending rate (MCLR) is now 7.95 percent. The bank had last slashed the rate on Jan. 01 to eight percent. Latest reports suggest that the MCLR on overnight borrowings has… Read More »

Suburb Train in Whitefield

Operations for the highly-anticipated suburban service for Bengaluru have begun. The services were launched the Bengaluru Division of South Western Railway on Oct. 16, Monday. The suburban train service is connecting Whitefield with Baiyyappanahalli and the Bengaluru-Bangarpet-Marikuppam route. Connectivity between Whitefield and the city was in demand for a long time. This came as a surprise as the initial plan was to launch the service only along the Marikuppam route. “There have been no new… Read More »

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BBMP

The Bruhat Bengaluru Mahanagara Palike (BBMP), in its effort to make traffic smooth and steady on three insanely-busy junctions in Bengaluru, has proposed the used of grade separators. The junctions are namely Magadi Road, West of Chord Road and Adugodi-Sarjapura. Grade separators are mini-flyovers and underpasses. The total number of separators is now 14. BBMP had proposed 13 grade separators in June but later scrapped two. Now it has added three more. The new proposal… Read More »

DEMU

Whitefield in Bengaluru is a hotspot for real estate investments. While the Namma Metro is expected to ease out some of the traffic woes in the area, the city’s Central Lok Sabha member P C Mohan believes it is not enough. Hence, he has requested the Railways to introduce suburban trains between Whitefield and Cantonment. He has also sought for stoppage of trains at Mahadevapura, which is near the Krishnarajapuram diesel loco shed. Mr. Mohan… Read More »

RERA-Act-4-750x317

The process of Real Estate (Regulation and Development) Act, 2016, popularly known as RERA, has been a tedious one. The Act sent everyone out of their comfort zones. Both homebuyers and developers went into caution mode. There was anxiety, stress and fear of what lies ahead. Developers were thrown off gear and could not sign agreements with buyers as their projects were not RERA-compliant. Sales in the real estate sector suffered a lot as the… Read More »

Properties-for-sale-in-Bangalore-Homznspace

When it comes to luxury homes costing more than INR 1.5 crores, Bengaluru is leading the way. It is the only Indian city to have seen a 45 percent spike in demand for such homes when the rest of India seems to be taking a time-out. However, the city ranks third in the overall real estate scenario in the country after Hyderabad and Chennai. Property sales in the Central Business District have been truly noteworthy… Read More »

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