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In December 2008, the private National Bank and the information technology firm Teranet began a separate monthly house price index based on resale prices of individual single-family houses in selected metropolitan areas, using a methodology similar to the Case-Shiller index [3] and based on actual sale prices taken from government land registry ...
Magicbricks, a division of Times Internet Limited, a wholly owned subsidiary of Bennett, Coleman & Co. Ltd (The Times Group) is a website that provides a common platform for property buyers & sellers to locate properties of interest in India, and source information about all property related issues.
NoBroker is a Bangalore-based brokerage-free proptech company that provides all sorts of real estate services under a marketplace, which includes buying, renting, packers & movers, and home services. [ 1 ]
A real estate trend is any consistent pattern or change in the general direction of the real estate industry which, over the course of time, causes a statistically noticeable change. This phenomenon can be a result of the economy, a change in mortgage rates, consumer speculations, or other fundamental and non-fundamental reasons.
Brookefield is a neighbourhood of Bangalore.It was established in the late 19th century as a settlement for the Eurasians of Bangalore. It is a wealthy area, with high real estate prices and relatively new commercial roads such as ITPL road.
Bellandur has affordable real estate prices compared to the rest of the city. In 2022, the average cost of an apartment in Bellandur was ₹ 6,718 (US$80) per square foot. [ 9 ] Generally, land located closer to the Outer Ring Road is most expensive, with prices reducing as distance from the Ring Road increases.
Several of the India's publicly traded real estate firms are in debt. The inventory of unsold real estate assets is growing and it is expected the market will undergo price corrections. [35] According to Mumbai-based market research agency, Liases Foras, 30% of the transaction in the real estate sector is done with black money. [36]
One of the important factors spurring Bengaluru's growth was heavy state government investment (and its environment) in Bangalore's public sector industries which is what makes it so developed and rich. According to the Bangalore Innovation Report, with projected GDP growth of 8.5%, Bangalore will be the world's fastest growing city until 2035. [9]