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High-end villa rentals in Bangalore slide as expats relocate
BangaloreRentals of high-end villas have dropped in Bangalore over the past year, as leasing deals from the expat community have almost halved and supply of units has increased.Data shared by multiple...
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Residents face glitches in e-payment of property tax in Bangalore
BangaloreProperty tax collection for the year 2013-14 has started, but more than 50,000 property owners in Byatarayanapura, off Bellary Road, have still not been able to pay tax online and are making...
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Bangalore-Mumbai Industrial Corridor to boost realty
BangaloreThe Bangalore-Mumbai Industrial Corridor which has found mention in this Union Budget will benefit many areas in the State. This corridor has also attracted investor interest from abroad, with...
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Bangalore West potential market for property investors
BangaloreFrom a wild, untamed forest area in the mid-50 s to the mushrooming of residential localities and the establishment of the Peenya Industrial Area in the 1970s, Bangalore West is an attractive...
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Micro-markets in Bangalore hold potential for investors
BangaloreThe markets are poised and waiting for cues. This is an interesting phase in the city’s realty market. The beginning of the new financial year has brought hopes of lower interest rates in the...
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Realty rates set for uptrend in micro-markets of Bangalore
BangaloreMany localities in and around the city turned into micro-markets thanks to the connectivity factor and ensuing commercial development. While an airport has always been a major draw for...
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Invest on a gold mine this Akshaya Thrithiya
BangaloreTraditions don’t die. They just reinvent themselves. And so it is for Akshay Thrithiya – the day that is believed to bring good luck and success. Traditions dictate that gold is bought on this...
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Bangalore East a premium residential hub
BangaloreHome to expansive British-style bungalows surrounded by acres of green until as recently as 15 years ago, Bangalore East has transformed into a self-sufficient region solely due to improved...
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High-rise buildings help change Bangalore skyline
BangaloreFlying into Bangalore never elicited much awe when compared to flying into cities like Mumbai, Singapore or New York, as the country’s IT capital never had a skyline to showcase. That, now,...
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Bangalore North connectivity pushing growth
BangaloreAround two decades ago, if you happened to drive to Bangalore north, chances are you wouldn’t venture beyond R T Nagar, at most touching CBI and Gangenahalli, now Ganganagar. However, enhanced...
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Budget housing finds demand in south of Bangalore
BangaloreThe south of the city, has been known for its well laid-out residential layouts such as Jayanagar, Basavanagudi, Banashankari, J P Nagar and BTM layout. Broad roads, sprawling bungalows, parks...
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Bangalore drawing NRI investors in real estate
BangaloreA growing number of NRIs across the US prefer to invest in real estate back home due to a combination of factors. The capital appreciation in India, competitive local lending rates in the US,...
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Bangalore realty market more positive
BangaloreWith a new stable government looking to address some problems of the previous one, and with interest rates falling, Bangalore’s real estate market is looking more positive for buyers and...
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Property buyers in Bangalore, first pay up TDS
BangaloreBuying property worth over Rs 50 lakh? Then pay TDS before registering it, or income tax sleuths will come knocking on your door.The TDS (Tax Deducted at Source) kicks in from June 1 with the...
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SEZs spur growth of residential catchments in Bangalore
BangaloreWhen the Special Economic Zone (SEZ) Act 2005, supported by the SEZ Rules was introduced in 2006, the idea was to make it easier to establish large, self-contained facilities with excellent...
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Elevated roads: Routes to development in Bangalore
BangaloreMagic boxes, flyovers, underpasses, roadover-road – the city has seen it all in the last couple of years. The drastic transformation can be attributed to a burgeoning working population. This...
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Hosur Road elevated expressway pushes residential development
BangaloreWhen elevated corridors were first planned for the city, the aim was to seamlessly connect the city center with far-flung localities. However, as a direct result of such upgradation of...
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Mixed land use finds more takers
BangaloreIn major cities, land regulations and growth patterns have made it conducive for property owners to design their properties in such a manner so as to harness maximum returns. One such option...
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BBMP to accept property tax online or by DD only
BangaloreFrom now, pay property tax through DDs or online, and not cheques and cash. The BBMP’s decision comes following allegations that tax collectors in Herohalli, off Magadi Road, failed to deposit...
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Bangalore holds potential for investors
BangaloreThe National Association of Realtors-India (NAR-India), the national umbrella organisation of realtor associations, is holding its fifth annual convention this year at New Delhi. The...
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