Bengaluru PG crisis: Paying guest accommodations under Greater Bengaluru Authority’s radar, 10 units sealed

Bengaluru’s apex municipal body, the Greater Bengaluru Authority (GBA), has intensified its crackdown on paying guest (PG) accommodations, sealing 10 units after inspections revealed unhygienic kitchen conditions and multiple safety lapses. The action followed a citywide inspection drive across Jayanagar, Bengaluru South, BTM Layout, and areas under the Bommanahalli constituency, the civic body said in […]

Office leasing crosses 83 million sq ft in 2025, up 7.8% YoY, led by Bengaluru, Mumbai and Hyderabad

India’s office real estate market crossed 83.3 million sq ft (msf) of gross leasing in 2025, marking a 7.8% year-on-year increase from 77.2 million sq ft in 2024, led by Bengaluru, Delhi-NCR, Hyderabad and Mumbai, according to a JLL report. Delhi-NCR was the only city to record a decline in commercial leasing, slipping 1.6% year-on-year. […]

Prestige Group JV purchases 16 acres of land in Chennai

Bengaluru-based Prestige Group announced that its company, Canopy Living LLP, a joint venture between Prestige Estates Projects Limited and Arihant Foundations and Housing Limited, has signed an Agreement to Sell for the purchase of a land parcel measuring 16.381 acres located in Padi, Chennai. Chennai real estate update: Bengaluru-based Prestige Group announced that its company, […]

Honeywell leases nearly 4 lakh sq ft in Bengaluru’s Bellandur for seven years at a total rent of ₹429 crore

Global technology major Honeywell Technology Solutions Lab Pvt Ltd has leased close to 4 lakh sq ft of office space in the Bellandur area of Bengaluru for a total rent of ₹429 crore for a period of seven years, according to property registration documents accessed by Propstack. Bengaluru real estate update: Global technology major Honeywell […]

Bengaluru homebuyers shun main-road properties, opt for quieter bylanes amid pollution concerns

Bengaluru homebuyers are increasingly opting for apartments located in bylanes, typically 100–200 metres away from main roads, as concerns over dust, air pollution and noise from high-traffic corridors grow. Real estate brokers say this shift is reshaping buyer preferences toward units with interior-facing views and quieter layouts. Bengaluru buyers are increasingly choosing bylane apartments 100–200m […]

Greater Bengaluru Authority disposes 99% of e-Khata applications out of 9 lakh received

The Greater Bengaluru Authority (GBA) has disposed of over 99.2% of the total e-Khata applications received, special commissioner Munish Moudgil said in a statement. To date, the authority has received over 9 lakh e-Khata applications, officials said. The Greater Bengaluru Authority has disposed of over 99.2% of e-Khata applications, Special Commissioner Munish Moudgil said. (Representational […]

Sumadhura Group to launch six luxury housing projects in Bengaluru in FY26, eyes ₹10,000 cr

Bengaluru-based real estate developer Sumadhura Group plans to launch six luxury residential projects across East and North Bengaluru, with a revenue potential of ₹10,000 crore within FY 2026, the company said in a statement. Bengaluru’s Sumadhura Group will launch six luxury residential projects across East and North Bengaluru in FY 2026, targeting ₹10,000 crore in […]

Office leasing hits record 86.4 million sq ft in 2025; Bengaluru leads with 28.7 million sq ft

India’s office real estate market recorded gross leasing of 86.4 million sq ft (msf) in 2025, up 20% from 71.9 million sq ft in 2024, surpassing the previous peak, and rents grew between 1% and 16% year-on-year. Bengaluru retained its position as the country’s largest office market, with 28.7 million sq ft leased, of which […]

Housing sales in top eight cities hit 3.48 lakh units in 2025, down 1% YoY; NCR sees 19% price rise: Knight Frank

In 2025, residential sales in India’s top eight cities reached 3.48 lakh units, down 1% YoY. Sales momentum remained steady despite rising prices, with NCR leading at a 19% YoY price increase, followed by Hyderabad (13%), Bengaluru (12%), and Mumbai and Chennai (7%), according to a Knight Frank report released on January 7. Housing sales […]