21 Dec 2025

IBM India Pvt. Ltd. has signed a five year lease for about 1.61 lakh sq ft of office space at Embassy Golflinks Business Park in Bengaluru, with a monthly rent of around INR 2.4 crore at INR 150 per sq ft. The agreement includes a 45 day rent free period for fit out, a three year lock in, and a security deposit of INR 14.5 crore. The company will also pay fit out charges and has secured 216 parking slots. This move aligns with IBM's earlier office expansions in the city.Read more

21 Dec 2025

Bengaluru City Police has issued new guidelines requiring residential apartment associations to collect and maintain detailed tenant data, including identity and contact information, to enhance safety and enable faster response during emergencies. The directive, aimed at improving resident security and assisting law enforcement, also recommends documenting guest and staff details. Housing societies have been asked to submit data to local police stations regularly as part of the proactive safety measure.Read more

21 Dec 2025

Homebuyers in Bengaluru's eastern IT corridors, including Whitefield, Sarjapur, and nearby areas, are raising concerns over water supply despite apartment prices reaching around INR 2 crore. Many residents rely on tanker deliveries costing INR 5,000 & INR 8,000 monthly due to limited piped water access, particularly in newer developments. Buyers are being advised to secure written assurances on water sources from developers. Rapid urban expansion has outpaced infrastructure, leaving older areas better served. The issue highlights the need for transparent water management and long-term planning in these high-demand residential corridors.Read more

21 Dec 2025

Mahindra Lifespaces has launched Mahindra Blossom, a premium residential development in Whitefield, Bengaluru, with a gross development value of around INR 1,900 crore. The project features 2, 3, 3.5, and 4 BHK homes designed with cross-ventilation, natural light, and expansive balconies, covering approximately 75% open-to-sky area. Amenities include a clubhouse, swimming pool, jogging tracks, sports courts, landscaped gardens, and a pet park, along with high-street retail facilities. Positioned near major IT hubs and the Hopefarm Channasandra metro, it reflects Mahindra Lifespaces focus on sustainable, well-connected, and community-centric living spaces.Read more

20 Dec 2025

The Bangalore Development Authority and the forest department will carry out a joint land survey in Banashankari's 6th Stage to address a longstanding dispute over property boundaries and ownership. The planned survey, scheduled in the coming weeks, aims to clarify land limits and help resolve issues that have left many site buyers uncertain about their rights. The initiative follows repeated complaints from affected allottees and seeks to bring clarity and closure to a protracted conflict involving development rights and regulatory oversight.Read more

19 Dec 2025

Mahindra Lifespace Developers Ltd is targeting revenue of around INR 1,900 crore from its newly launched residential project, Mahindra Blossom, located in Whitefield, Bengaluru. The company disclosed that the project has a potential gross development value of approximately INR 1,900 crore. Mahindra Lifespace currently has a residential portfolio of 53.30 million sq ft across seven Indian cities. In addition to housing, it manages over 5,000 acres of integrated developments and industrial clusters across four locations, reflecting its dual focus on residential and infrastructure-led real estate.Read more

19 Dec 2025

Concorde Group plans to invest around INR 125 crore to develop a commercial block at its Concorde Mayfair mixed-use project in Yelahanka, Bengaluru. The proposed development will include retail spaces on lower floors and office spaces on upper levels, catering to a mix of businesses and professionals. Located on Bellary Road, the project benefits from strong connectivity to Kempegowda International Airport and key parts of north Bengaluru. Yelahanka has emerged as a growing real estate hub due to infrastructure upgrades and rising residential demand. The commercial block is expected to enhance the project's overall value while tapping into steady demand for quality office and retail space in the region.Read more

17 Dec 2025

Bengaluru's Namma Metro Pink Line is approaching operational readiness as the first six coach prototype train from BEML arrives for testing. Under a INR 3,000 crore contract, BEML is supplying 318 standard-gauge metro cars for the Pink and Blue Lines, along with 15 years of maintenance support. Initial oscillation and safety trials will ensure the train's stability at higher speeds, with approvals required from the Ministry of Railways, RDSO, and the Commissioner of Metro Railway Safety. The elevated 7.5 km section may open by May 2026, while the remaining 13 km underground stretch is expected by the end of 2026.Read more

12 Dec 2025

The Karnataka government is set to invite bids for a new IT park in Mangaluru next week, aiming to expand technology-led development beyond the state's main hubs. The planned project will offer modern office spaces for IT firms, startups and knowledge-based businesses, along with supporting amenities. Officials said the IT park is expected to attract private developers and boost investment in the region's commercial real estate market. With improving connectivity and a strong talent base, Mangaluru is emerging as a promising tech growth corridor. The initiative supports Karnataka's decentralisation strategy and could generate jobs while driving demand for housing, hospitality and retail in the city.Read more

12 Dec 2025

The Bengaluru Development Authority (BDA) will now strictly enforce a one-time penalty on allottees who fail to begin construction within three years, and will not issue final sale deeds until buildings are completed. The move targets beneficiaries who left plots vacant or transferred them illegally while land values soared. Exceptions have been made for Arkavathy and Nadaprabhu Kempegowda Layouts due to delays and incomplete infrastructure. Many older allottees had secured sites at very low rates but never built on them. The BDA has also flagged cases of unauthorised transfers, which will now attract a 25% penalty. The policy aims to curb speculation and encourage timely, compliant development.Read more

11 Dec 2025

Brookfield India Real Estate Trust has raised INR 3,500 crore through a Qualified Institutional Placement to fund its acquisition of Ecoworld, a 48-acre Grade A office campus on Bengaluru's Outer Ring Road. The QIP was oversubscribed more than three times and drew strong interest from leading investors, including major mutual funds, insurers and global institutions. With this raise, the REIT has mobilised INR 8,000 crore over the past year. The 7.7-million-sq-ft Ecoworld purchase will lift Brookfield India REIT's operating portfolio to over 32 million sq ft and push its gross asset value beyond INR 53,000 crore. The REIT currently manages 29.1 million sq ft across India.Read more

11 Dec 2025

The Karnataka government has decided to create a monitoring group to oversee the progress of Bengaluru's Namma Metro Blue Line, which will run from Central Silk Board to KR Pura along the Outer Ring Road. The committee will include government officials and industry representatives and will track construction, review delays, and coordinate road-infrastructure upgrades. The 19 km stretch with 13 stations is planned for completion by December 2026, with extensions toward the airport planned for 2027. The state has set aside INR 450 crore for related road work along the corridor.Read more

10 Dec 2025

Embassy Developments reported a strong market response to Embassy Greenshore, its newly launched premium residential project at Embassy Springs in North Bengaluru, securing bookings worth around INR 860 crore within five days. The 14-acre development includes 878 larger-format apartments across two phases, targeting upper-mid-segment buyers seeking spacious layouts and master-planned community living.Read more

05 Dec 2025

EXCON 2025, hosted by the Confederation of Indian Industry in Bengaluru from December 9, will be South Asia's largest construction equipment exhibition, emphasizing India's growing strength in construction equipment and advanced manufacturing. Mother India Forming will highlight its expertise in precision sheet-metal cold-roll forming, supplying high-performance components to sectors including construction, mining, agriculture, railways, defence, and renewable energy. The company operates an integrated manufacturing setup and is expanding its solar power capacity to support sustainability. The event underscores India's role in delivering advanced engineering solutions globally.Read more

04 Dec 2025

BEML has received a fresh INR 414 crore contract from Bangalore Metro Rail Corporation Ltd for supplying additional trainsets required for Phase II of the Bengaluru Metro project. The company disclosed in a stock exchange filing that it has secured this new order but has not shared delivery timelines or train specifications. This follows an earlier INR 405 crore contract from BMRCL for seven additional trains under the same phase. BEML continues to support Bengaluru's expanding metro network through its manufacturing facilities across Bengaluru, KGF, Mysore, and Palakkad.Read more

04 Dec 2025

Embassy REIT has purchased a 0.3 million sq ft Grade-A office building in Embassy GolfLinks Business Park, Bengaluru, for INR 8,520 million. The property is fully leased to a global investment firm, giving the REIT long-term income visibility. The asset is expected to generate a net operating income yield of around 7.9%, which is higher than the REIT's trading cap rate of 7.4% during the past quarter. The transaction went through full financial, legal and technical due diligence, marking one of the REIT's major third-party acquisitions in Bengaluru.Read more

04 Dec 2025

Bengaluru is set to add nearly 25 million sq. ft. of new Grade-A office space in the second half of FY27, with about a quarter already pre-committed. The city had added 16.3 million sq. ft. in FY25 and 8.4 million sq. ft. in the first half of FY26, while net absorption stayed strong, led by expanding global capability centres. Occupancy has risen to 90.8% and is projected to reach around 92-92.5% by FY27. Bengaluru now holds 26% of Grade-A stock across major metros. Growth is also shifting to peripheral areas like the Hebbal-Devanahalli corridor, and vacancy levels are expected to remain tight despite large upcoming supply.Read more

03 Dec 2025

Bengaluru's civic authorities have introduced a rule requiring plinth-line marking and a foundation certificate before any construction can begin. Approved plans must be digitally accessible to ward engineers and field staff for verification, and inspections will monitor compliance. A formal complaint and inspection system has been established for unauthorised construction. Confirmed violations trigger time-bound demolition orders, with costs charged to property owners. Officials allowing illegal construction face departmental action, and appeals will not delay enforcement unless a court stay is obtained, aiming to ensure orderly and transparent urban development.Read more

01 Dec 2025

Arnifi, a Dubai-based entity setup and management platform, has expanded its India presence with a new office in Bangalore as part of its broader India strategy. Founder Manu Midha said the company plans to hire over 100 professionals and invest heavily in technology and talent to support Indian firms looking to establish entities overseas. Arnifi has already helped more than 500 companies set up globally. The expansion comes amid deepening India-UAE economic ties and the success of the India-UAE Startup Series, which has attracted over 10,000 founders. Midha noted rising demand for reliable international compliance services as India's start-up ecosystem crosses 1.59 lakh recognised ventures.Read more

26 Nov 2025

Antara Senior Care, part of the USD 7-billion Max Group, has expanded its presence in Bengaluru with a new 80-bed senior care home in Whitefield, increasing its total capacity in the city to about 163 beds. The new centre strengthens Antara's assisted living and transition care services, backed by geriatric-trained teams and round-the-clock clinical support. Bengaluru's ageing population, changing family structures, and growing demand for organised senior care have contributed to the need for such facilities. With this launch, Antara now operates 500 beds across its national network of care homes.Read more