Real Estate Forum on Residential Market

Latest Answer: Bengaluru noted for the 3rd highest share with Rs 1954 cr of investments. In first half of 2014, it had witnessed the highest level of transaction activity with investments of Rs 2005 cr. Equis Funds Group and Piramal Fund come out as the leading investors in Bengaluru, making investments in excess of Rs 660 cr each in residential assets.

Latest Answer: On other hand the office market has been in line with our expectations with uptake happening across all regions. Relocation and consolidation of office spaces have been the major drivers of this segment with majority of the contribution coming from the outsourcing industry.

Latest Answer: The realty market at present is very tight. This is evident from the fact that getting 30 crore from PE funds and banks is a hard nut to crack for small developers. I think this is the ideal time for money lenders to step in. Lack of money often compels a developer to discontinue with construction and that leads to non-payment of installment from the buyers. This is where money lenders come to the rescue.

Latest Answer: There are good retail malls are coming up BM Habitat Mall, Mall of Mysore, Mysore – Prozone, and Garuda . Khitiz group, Shobha group, Unitech Group also has some retail planned here. The retails rents are gradually picking up. The BMIC will also have 3-4 malls being planned. On the Bangalore-Mysore corridor, software giant Infosys and Wipro have already come up with their training centers. Mphasis, the first American corporation, Accenture, IBM, Cognizant Technologies and Honeywell are some of the others, who are following these Indian companies. Apart from IT other big companies like S Kumars, Kirloskars Gensets, VenlonPolysters, Reid and Taylor, Larsen and Tourbo and Bharath Earth Movers have also a firm foothold in the city from the past many years.

Latest Answer: Chennai, Bangalore, Kolkata and Hyderabad are also good for residential market. I have read an article in CommonFloor that Real estate in Southern India on peak. According to the article, the prominent cities like Bangalore, Hyderabad, Chennai and other parts are in great demand for real estate due to their improving transparency and visibility of the real estate markets.