Realty Corps News Today

While the metro line will open doors to real estate investments, experts say capital appreciation in prime areas will be slow in the coming years. However, rentals will shoot up considerably.

This Bengalurean has been looking for an apartment near her office for the last nine months. Thats not all: there are others who are considering quitting jobs rather than dealing with the citys notorious traffic.

Rents have been on the rise, sometimes over a few hours, in the nation’s IT capital amid a shortage of apartments.

Finding an affordable home inside a largely unaffordable market like Bengaluru is often akin to making an omelette without breaking some eggs.

But it’s not a strictly like-for-like assessment. While more than 50 percent of the floating population in Bengaluru makes the city a rental-driven market, Mumbai continues to witness high traction in capital sales

While local brokers have started hiring field executives to look for available inventories in the city, others are arranging

With almost no rentals available, several tenants who work along the eastern IT corridor are being forced to shift much farther to southern Bengaluru.

Landlords now decide rentals after interviewing prospective tenants about company business model, burn rate, last-round investors, etc. Some seek up-to-date resumes and LinkedIn profiles.

According to experts, while investors have an opportunity to exit after doubling their returns, many homebuyers are looking for bigger apartments

With the city’s economy and private sector stirring back to life, landlords are looking to recoup revenue lost during the pandemic when tenants returned to their hometowns.