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Home > Forum > Bangalore > Real estate News > New launches in Bangalore

New launches in Bangalore

Q: I heard people discussing that the new launch in Bangalore has seen a down fall. What is the percentage and the reason behind the downfall.

bangalore real estate
new launches in bangalore
property launches in bangalore
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Replies (3)
1
I read in news that in areas such as Electronic City, developers reduced the average weighted basic sale price in mid segment by 7%, to remain competitive. But in the south-east micro market, the basic sale price of average ticket size gone up by 19% and 18% respectively.
Shazad Laskar


2
According to real estate expert, The markets are depressed but if you compare Bangalore real estate market with the other metros, Bangalore had the opportunity of launching many projects and selling them off.
Anusha


3
According to Cushman & Wakefield, property launches in Bengaluru fell 62% to about 15,600 last year, resulting reduce in new unit launches.

Some time ago, properties priced above Rs 1 crore were sold like hot cakes in Bangalore. But a weak economy and subdued real estate sentiment have reduced the demand for such properties.
Roshan Singh


4

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