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bengaluru real estate

12 posts
Built Rare image

Century Real Estate Secures ₹450 Crores in Pre-Launch Sales for Codename Built Rare

Century Real Estate has reported ₹450 crores in pre-launch sales for its ultra-luxury project, Codename Built Rare, situated in Indiranagar. Spanning 8.5 acres and featuring 347 high-end residences, the project aims to capitalize on the rising demand for luxury housing in Bengaluru. With construction underway, it is projected to generate total revenue of ₹2,200 crores across two phases.

Puravankara Expands Redevelopment Portfolio with High-Profile Projects in Mumbai

Puravankara Limited has significantly expanded its redevelopment portfolio with two major projects. In Mumbai, the company has acquired redevelopment rights for the prestigious Miami Apartments in Breach Candy, marking its entry into the high-end South Mumbai market. Additionally, Puravankara is extending its presence in Lokhandwala, Andheri West, with new redevelopment projects. In Bengaluru, a Joint Development Agreement has been signed for a 1.95-acre land parcel in Electronics City, further bolstering Puravankara’s footprint in key real estate markets.
Bengaluru

MANA Projects Expands with Acquisition of 2.5-Acre Land Parcel Near Sarjapur Road

MANA Projects expands its footprint with the acquisition of a 2.5-acre land parcel in Chikkanayakanahalli, off Sarjapur Road. This new development aligns with their commitment to sustainable and community-focused residential projects, enhancing their presence in Bengaluru’s dynamic real estate market.
Hive Hostel

The Hive Hostels to Expand by 3,000 Beds and Digitalize Operations Ahead of IPO

The Hive Hostels plans to add 3,000 new beds by the end of FY 2025 with a ₹10 crore investment and has partnered with Crib to digitalize its operations in preparation for an upcoming IPO. The company is also introducing Aurus – Luxury Student Residences, featuring luxury design and top-tier amenities, marking a new era in student accommodation.
bengaluru

Bengaluru’s Home Sales Surge: 30% Jump in Value and 19% Rise in Transactions in June Quarter

Bengaluru’s residential market experienced a 30% jump in home sales value and a 19% increase in transactions in the June quarter of 2024. Prestige Group led in the number of transactions, while Embassy Group achieved the highest sales value. The report highlights a growing demand for premium properties and key trends in various Bengaluru micro-markets.