New premium villa project launched on Sarjapur road

New premium villa project has been launched on Bangalore’s Sarjapur Road and will have 109 high-end villas of around 2,900-5,500 sq.ft.

Property prices revive in Begur Road, Bangalore

Property values in Begur road have risen significantly in the last couple of months. The area had recorded a steep dip in rates in the quarter Jul-Sep 2012, but in the last couple of months it has revived to touch an average locality price of about Rs. 2942 per sq ft in the following months. The highest price reported in the quarter Oct-Dec 2012 was Rs. 3169 per sq ft.

Purvankara Coming up with New Project in Bangalore

Purvankara is expected to launch their new project, Purvankara Sunflower, at Magadi Road, Rajajinagar.

Chennai witnessing demand for luxurious penthouses

Penthouses stand apart from other apartments by two factors – height and luxury. Typically, penthouses are located on the topmost floor(s) of the residential block, with exclusive private terraces and other luxury amenities. Height restrictions on residential buildings were recently lifted in Chennai and luxury, for those that can afford it, has never been a restricted commodity. A rise in the number of penthouses, presently being seen in the city, is an obvious indicator of a real estate boom.

Group buying catches up in Bangalore

Homebuyers are realizing the power of collective bargaining. A relatively new concept called group buying is fast catching up with buyers in the city. About 10-15 like-minded families come together and approach a developer to book apartments. This approach results in a better bargaining position for the buyers.

Bangalore Realty- Review of 2012 and predictions for 2013

BANGALORE RESIDENTIAL – 2012 HIGHLIGHTS
In terms of residential real estate, the best performing areas in 2012 were Hebbal, Sahakar Nagar and RT Nagar in North Bangalore. These locations saw the highest demand and appreciation for residential property during the year. The improved infrastructure in this region, its proximity to BIAL and overall enhanced connectivity helped North Bangalore to crystallize into a much sought-after residential destination.

Smart Value Homes enters Bangalore

Smart Value Homes, a 100 per cent subsidiary of Tata Housing Development Company, is marking its entry into Bangalore by launching an affordable housing project.