18 Aug 2025

Apple has secured one of Bengaluru's largest single-tenant office leases in a deal valued at over INR 1,000 crore. The technology giant has signed a 10-year lease for approximately 2.7 lakh sq ft of office space in the Embassy Zenith project. This strategic investment in a new corporate hub in Bengaluru runs parallel to its aggressive expansion in manufacturing and retail, positioning India as a key pillar in Apple's global ecosystem.Read more

12 Aug 2025

The Prime Minister inaugurated Bengaluru's Yellow Line Metro, a 19 km stretch from RV Road to Bommasandra. The INR 7,160 crore project adds 16 stations and expands the city's operational metro network to over 96 km. Officials said the corridor will ease pressure on Hosur Road, Silk Board and Electronics City, with train intervals starting at 25 minutes and planned to be reduced to 10 minutes.Read more

09 Aug 2025

Sumadhura Group has leased five lakh square feet of commercial space at its Capitol Towers development in Whitefield, Bengaluru. The space has been taken up by corporate and retail tenants, including firms from the IT, engineering, and AI sectors, as well as a mix of F&B and wellness brands. The project is LEED Gold certified and expected to generate INR 50 crore in annual revenue. This leasing success underscores Bengaluru's continued dominance in India's Grade A+ office market and reflects growing demand for integrated commercial developments.Read more

08 Aug 2025

The Karnataka government has introduced new building setback norms for Bengaluru, which came into effect on August 1st.The new rules, part of the Revised Master Plan 2015, aim to provide clear guidelines on the minimum open space required around a building. The regulations specify setback requirements based on plot size and building height, and also provide clarity on the height of stilt parking. This move is designed to address contentious issues that have arisen from the city's rapid vertical growth and to streamline the construction and approval process for new buildings.Read more

07 Aug 2025

Bengaluru-based real estate developer Assetz has acquired an 11.5-acre land parcel in East Bengaluru, located on the Old Madras Road (OMR)/Hoskote Highway. The company plans to develop a new luxury housing project with a gross development value (GDV) of INR 400 crore on the site. This project, which will be a joint development with Vanshee Builders and Developers, is part of Assetz's strategy to expand its portfolio in the city's key growth corridors.Read more

06 Aug 2025

Prime Minister Shri Narendra Modi is scheduled to inaugurate the Yellow Line of Bengaluru's Namma Metro on August 10. The 19.15-kilometer corridor, connecting R.V. Road to Bommasandra is expected to ease traffic on a busy stretch of the city and provide a major transport link to the Electronic City IT hub. On the same day, the Prime Minister will also lay the foundation stone for the new 44.65-kilometer Phase-3 expansion. This dual launch, which will expand Bengaluru's metro network to over 90 kilometers, is part of a larger push to address the city's traffic challenges and strengthen its public transport system.Read more

06 Aug 2025

BBMP has imposed a fine of INR 1 lakh on a property owner in Basavanagudi for building a ramp that fully blocked the footpath, forcing pedestrians onto the road. The ramp was part of an under-construction building on MN Krishna Rao Road. Following an inspection, three BBMP officials from the Mahalakshmipuram sub-division were suspended for failing to act on earlier complaints related to the obstruction. This action comes as part of BBMP's ongoing efforts to prevent encroachment and ensure public pathways remain accessible and safe.Read more

05 Aug 2025

In Bengaluru, several flat owners received inflated property tax demands due to errors in their e-khata applications. Staff at BangaloreOne centres reportedly entered identical figures for built-up and parking areas, ignoring actual measurements in sale deeds. As a result, Bruhat Bengaluru Mahanagara Palike issued backdated tax notices running into tens of thousands per year. Homeowners said the system failed to verify entries properly and cited an inoperative online objection portal during the response period. The incident highlights the need for stronger quality checks, document-based validation, and a functional redressal process to avoid penalising residents for administrative lapses in property data handling.Read more

31 Jul 2025

The Bruhat Bengaluru Mahanagara Palike uncovered around 3.7 lakh properties in the city with unpaid property taxes amounting to INR 700-800 crore. Despite reminders and auction notices issued for 6,000-7,000 properties, compliance remains poor. Authorities are now blocking e-khata accounts to stop property transactions until dues are cleared. This enforcement drive is expected to stretch over several months, aiming to recover dues and deter further evasion.Read more

31 Jul 2025

Bengaluru Airport City Ltd (BACL), a subsidiary of Bangalore International Airport Ltd, has joined hands with Prestige Group to establish a large-scale, integrated convention and exhibition centre within the airport premises. Designed to host global events, the venue will include an 8,000-seat Convention and Exhibition Centre, a luxury hotel under the St. Regis brand, a performing arts theatre, premium office spaces, and curated food and beverage experiences. The collaboration highlights BACL's commitment to enhancing global connectivity and positioning Bengaluru as a leading MICE destination.Read more

Mr. Nagabhushana Reddy, Founder & Managing Director, NBR Group

31 Jul 2025

Luxury housing in Bengaluru is undergoing a quiet transformation, moving away from traditional notions of scale and opulence to embrace wellness-driven, tech-integrated, and emotionally resonant design. Fuelled by the preferences of affluent buyers including global professionals and tech entrepreneurs, high-end homes are now being crafted around nature-inspired architecture, multifunctional interiors, and smart automation. Reports indicate that India's luxury housing market is projected to reach INR 124.20 billion by 2030, with Bengaluru positioned as a key growth centre.Read more

29 Jul 2025

Realty firm Brigade Enterprises recently announced it aims for revenue exceeding INR 1,000 crore from its newly launched residential project, 'Brigade Avalon', in Bengaluru. The project, spread across 4.36 acres on Whitefield Main Road, features 206 apartments and offers a total development area of 6.4 lakh square feet. Whitefield is a key area for Brigade Enterprises, which has been a leading real estate developer since 1986, with a diversified portfolio across residential, office, and retail properties, alongside interests in hospitality and education.Read more

25 Jul 2025

Bengaluru's rollout of the digital e-khata system has brought hidden property tax liabilities into light. Around half a million properties were found to be underreported either by misclassifying commercial space as residential or understating built-up area leading to nearly INR 500 crore in recoveries. With over 5.5 lakh final e-khatas issued and draft versions for millions more, BBMP is sending notices and expects to recoup substantial sums yet to be assessed. This initiative builds on previous audits and is rapidly transforming tax transparency in the city.Read more

23 Jul 2025

Shruti R Pai, wife of the Manipal Group Chairman, has purchased a INR 64 crore luxury duplex in Bengaluru's Jayamahal Extension from Savyasachi Projects. Spanning the 13th and 14th floors of the Savyasachi Sarayu project, the 9,929 sq ft carpet area unit sets a benchmark price of INR 64,457 per sq ft. The transaction highlights a growing wave of high-value residential purchases in Bengaluru, driven by UHNIs amid limited luxury inventory. Jayamahal, near Bangalore Palace, is a top hotspot, with recent deals by Nithin Kamath, Binny Bansal, and Kris Gopalakrishnan's family. Experts say such properties are increasingly acquired for legacy, lifestyle, or end-use.Read more

21 Jul 2025

ACES India, a subsidiary of Saudi-based ACES, has signed a 13-year strategic agreement with Bangalore Metro Rail Corporation Limited (BMRCL) to roll out high-speed 4G and 5G mobile infrastructure across 62 metro stations under Phase 1 and 2 of Namma Metro. Using a neutral host model, ACES will provide seamless mobile connectivity for over 300 million annual commuters. The partnership supports Digital India and smart mobility goals by enabling multi-operator access, reducing network duplication, and accelerating rollout timelines. ACES has already worked on major telecom infrastructure projects across India, reinforcing its commitment to building future-ready digital frameworks in public spaces.Read more

12 Jul 2025

KVN Properties is partnering with Assetz Group to develop a residential project in North Bengaluru, with an estimated Gross Development Value (GDV) of INR 1,000 crore. KVN Properties will invest INR 500 crore in the project, which spans nearly 6 acres and covers 10 lakh sq ft of developable area. This marks KVN Properties' second project, following a tie-up with Puravankara Ltd for a INR 3,300 crore GDV project.Read more

10 Jul 2025

Puravankara Group has signed a joint development agreement (JDA) for a INR 1,000 crore housing project on a 5.5-acre land parcel in Balagere, East Bengaluru. The project will offer 0.83 million sq ft of saleable area and is expected to launch within 6-9 months. While the landowner and revenue-sharing terms remain undisclosed, the deal aligns with Puravankara's strategy to expand in Bengaluru's high-growth micro-markets. Balagere's appeal lies in its proximity to major IT hubs and established infrastructure. Earlier this year, the company secured projects on Kanakapura Road and in North Bengaluru, collectively valued at INR 4,000 crore. Puravankara operates across nine cities with 90+ completed projects.Read more

03 Jul 2025

Bengaluru's attempt to digitize property records through its e-khata system is facing mounting criticism from frustrated property owners. While more than 500,000 e-khatas have been issued so far, thousands of residents continue to battle with portal glitches, rejected documents, server crashes, and incomplete data integration. In newly added BBMP zones, citizens are being told to file fresh applications despite years of tax payments. Builders, too, are struggling due to the system's inability to process bulk khatas. The BBMP is now trying to control the damage through help camps, helplines, and offline support.Read more

29 Jun 2025

Narayana Hrudayalaya has acquired over 46,000 sq. ft. of land in Hulimavu, Bannerghatta Road, Bengaluru, for INR 246 crore through three deals-the largest involving 93,500 sq. ft. from Kelachandra Veneer Industries. While development plans remain undisclosed, the purchase aligns with the hospital chain's expansion strategy in south Bengaluru. Founded by Dr. Devi Shetty, the company operates 18 hospitals across India and has been strengthening its presence in the city's growing healthcare corridor. The acquisition follows a prior land deal in Begur Hobli worth INR 169 crore. The area's rising real estate value and improved infrastructure make it a hotspot for institutional investments.Read more