Among the seven major office markets in India, Bengaluru continues to have the lowest vacancy levels at slightly less than 4%.
To identify safer and more convenient areas where women can live, work and relax in in our cities, we focus on some critical real estate factors.
The top five hotspots for residential property investment in the country today are Mumbai, Bengaluru, Hyderabad, Ahmedabad and Chennai. These cities are more or less regulars on most hotspots lists, but there is a sound rationale behind their consistent performance year after year.
Leading international property consultancy JLL India today announced the appointment elevation of senior leader and industry veteran Naveen Nandwani as Managing Director, Bangalore & Kochi. Earlier on board as Executive Director at Cushman & Wakefield, he joined JLL India last year as National Director – Markets, South India.
Though Bangalore is on all counts a prosperous city with a lot of demand for high-end housing, no property market in the country can hold its own solely on the back of HNI housing. Among many other things, Bangalore is a leading destination for back-office and other support areas of the IT/ITeS and other services sectors. Affordable housing will remain the backbone that supports the real estate market of this thriving city.
From a few quarters ago, corporate occupiers in India have been staring at a severe supply crunch of ‘right product-right place’ grade-A commercial realty. In such a scenario, a ray of hope is being provided by a few developers in Bengaluru, who have completed some of their office projects a couple of quarters prior to the original deadlines.