SBI Term Loan: RLLR: 8.15 | 7.25% - 8.45%
Canara Bank: RLLR: 8 | 7.15% - 10%
ICICI Bank: RLLR: -- | 8.5% - 9.65%
Punjab & Sind Bank: RLLR: 7.3 | 7.3% - 10.7%
Bank of Baroda: RLLR: 7.9 | 7.2% - 8.95%
Federal Bank: RLLR: -- | 8.75% - 10%
IndusInd Bank: RLLR: -- | 7.5% - 9.75%
Bank of Maharashtra: RLLR: 8.05 | 7.1% - 9.15%
Yes Bank: RLLR: -- | 7.4% - 10.54%
Karur Vysya Bank: RLLR: 8.8 | 8.5% - 10.65%

Location : Bangalore

Whitefield–Bangarpet rail line expansion cleared to improve capacity and reduce delays

Bangalore News Desk

29 Mar 2026

South Western Railway has approved the quadrupling of the Whitefield Bangarpet rail corridor in Karnataka with an estimated cost of INR 1,481 crore. The 42-km stretch is a key route linking Bengaluru with Chennai and currently faces heavy congestion. The project will add two additional tracks, improving capacity for both passenger and freight movement. With special project status granted, faster land acquisition and approvals are expected. The upgrade is likely to reduce delays, improve punctuality, and benefit daily commuters from nearby towns.Read more

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Bengaluru apartment complexes face regulatory action over sewage discharge into Shikaripalya Lake

Bangalore News Desk

29 Mar 2026

Several apartment complexes in Bengaluru's Anekal region have come under regulatory scrutiny for discharging untreated sewage into Shikaripalya Lake, prompting action from the Karnataka State Pollution Control Board (KSPCB). Show-cause notices have been issued to multiple residential associations and an educational institution for failing to install mandated sewage treatment plants (STPs) and obtain regulatory approvals. The violations were identified during inspections conducted in the past few months, with authorities linking the lake's deteriorating condition to direct sewage inflow, rapid urbanisation and inadequate drainage infrastructure. The National Green Tribunal has also directed environmental audits across the lake's catchment. The development highlights growing compliance concerns in high-density residential clusters across Bengaluru's expanding peri-urban zones.Read more

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Sattva Group launches 50-acre integrated township in North Bengaluru with INR 8,600 crore development value

28 Mar 2026

Sattva Group has announced the launch of Sattva City, a 50-acre residential township in North Bengaluru with an estimated gross development value of over INR 8,600 crore. The project is positioned around a 15-minute city planning approach, integrating residential, retail, social and lifestyle infrastructure within a single development. With nearly 84 per cent of the land allocated to open spaces and over 250 amenities, the project targets mid-to-premium housing demand in a corridor driven by airport-led infrastructure growth. The development reflects increasing focus on large-scale, self-sustained communities in Bengaluru's northern micro-market.Read more

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WeWork India to invest INR 31 crore to expand Bengaluru portfolio with 81,166 sq ft flexible workspace

Bangalore News Desk

27 Mar 2026

WeWork India Management Limited has announced plans to invest approximately INR 31 crore to expand its flexible workspace footprint in Bengaluru by leasing an additional 81,166 sq ft. The new facility is expected to accommodate around 1,256 desks and is scheduled to become operational by May 2026. The investment will be funded through a mix of internal accruals and debt. This expansion comes amid sustained demand for flexible office solutions in Bengaluru, which remains a key commercial real estate market. The company has also undertaken parallel expansion in Pune, adding further capacity through new agreements, reflecting continued growth in enterprise-led workspace demand across major urban centres.Read more

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Office leasing rises 15% across major cities, Bengaluru leads demand

27 Mar 2026

India's office market saw steady growth in the past quarter, with gross leasing across seven major cities rising 15 per cent year-on-year to 18.3 million sq ft, according to Colliers India. Strong demand from occupiers and the continued expansion of Global Capability Centres (GCCs) supported leasing activity despite global uncertainties. Bengaluru remained the top contributor, while Hyderabad and Pune recorded sharp growth. However, Delhi-NCR and Chennai saw a decline in leasing volumes. The data reflects a mixed but overall resilient office market, with demand concentrated in key technology-driven cities.Read more

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Embassy Developments subsidiary directed to surrender 78-acre land parcel in Bengaluru amid lease dispute

Bangalore News Desk

27 Mar 2026

Embassy Developments Limited has disclosed that its subsidiary, Embassy East Business Park (EEBP), has been directed by the Karnataka Industrial Areas Development Board (KIADB) to surrender approximately 78 acres of land in the Kadugodi Industrial Area, Bengaluru, within 30 days. The order, issued earlier this month under provisions of the Karnataka Industrial Areas Development Act, 1966, alleges violations of a lease-cum-sale agreement executed in 2007 and valid until 2029. KIADB has cited unauthorised agreements with third parties as the basis for action. The company has denied the allegations, stating that all sub-lease arrangements were undertaken with necessary approvals. It is currently evaluating legal options and plans to challenge the directive before the Karnataka High Court.Read more

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Brigade Group launches Brigade Belvedere with over INR 11 billion revenue potential

26 Mar 2026

Brigade Enterprises Ltd has launched a new residential project, Brigade Belvedere, with an estimated revenue potential exceeding INR 11 billion. The initial phase of the project includes two residential towers offering 773 premium housing units. The launch reflects the company's continued focus on expanding its residential portfolio amid steady housing demand in key urban markets. Brigade Group has been actively introducing new developments in recent years to strengthen its presence, particularly in the mid to premium housing segment, aligning with evolving buyer preferences and urban growth trends.Read more

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East Bengaluru housing projects highlight affordability, community planning and flexible ownership models

Bangalore News Desk

24 Mar 2026

A set of residential developments in East Bengaluru—Ramky Fortuna in Whitefield, 2G Tula in Hoodi, and Sowparnika Whispering Petals in Hoskote—illustrate varying approaches to housing demand in the region. These projects cater to different buyer segments, offering a mix of ready-to-move-in and under-construction options with pricing ranging from around INR 40 lakh to over INR 1.8 crore. While Ramky Fortuna focuses on township-style living and scale, 2G Tula emphasises low-density community design and premium configurations, and Sowparnika Whispering Petals targets affordability with flexible payment structures. The developments reflect broader trends in East Bengaluru, where infrastructure growth, proximity to IT corridors, and evolving buyer preferences continue to shape residential demand and project positioning.Read more

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Karnataka partners with Japan to advance smart city solutions in Bengaluru through technology-led urban collaboration

Bangalore News Desk

24 Mar 2026

The Karnataka government is exploring a strategic collaboration with Japan to implement advanced smart city solutions in Bengaluru, focusing on urban infrastructure, sustainability, and technology integration. The initiative, facilitated through Japan's Ministry of Land, Infrastructure, Transport and Tourism (MLIT), aims to address key urban challenges including mobility, wastewater management, energy efficiency, and disaster resilience. The Greater Bengaluru Authority is expected to act as the nodal agency for execution. The proposed framework will allow Japanese companies to partner with cities to design and deploy solutions backed by institutional support. The move aligns with Karnataka's broader push to develop future-ready, citizen-centric urban ecosystems while leveraging global expertise to improve service delivery and infrastructure efficiency.Read more

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Godrej Properties acquires 20-acre land parcel in East Bengaluru for premium housing project

19 Mar 2026

Godrej Properties Ltd has expanded its footprint in Bengaluru by acquiring a 20-acre land parcel in the eastern part of the city for a premium residential development. The project is expected to generate an estimated revenue of around INR 1,350 crore. While the company has not disclosed the land acquisition cost, the move aligns with its ongoing strategy to strengthen presence in key urban markets. Bengaluru continues to remain a priority market due to steady housing demand, especially in emerging corridors of East Bengaluru with strong infrastructure and IT-driven growth.Read more

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WeWork India signs lease for new workspace capacity in Bengaluru

18 Mar 2026

WeWork India Management Ltd has taken a step to expand its presence in Bengaluru by entering into a new lease agreement for additional workspace capacity. The company plans to add around 2,327 desks under this development, with an estimated investment of about INR 320 million. This move reflects steady demand for flexible office spaces in key commercial markets, especially in Bengaluru, which remains one of India's largest office hubs. The expansion also aligns with the company's ongoing strategy to strengthen its footprint in high-demand micro-markets.Read more

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ED names Valmark Realty director and BBMP officials in Bengaluru TDR scam probe

Bangalore News Desk

18 Mar 2026

The Enforcement Directorate has filed a prosecution complaint in a Transferable Development Rights (TDR) fraud case in Bengaluru, naming a director of Valmark Realty Holdings Pvt Ltd and 19 others, including former Bruhat Bengaluru Mahanagara Palike (BBMP) officials and brokers. The case originates from a 2019 Anti-Corruption Bureau FIR and involves the alleged fraudulent procurement and sale of Development Rights Certificates. Investigators stated that land records were manipulated and land already sold to third parties was falsely shown as eligible for TDR benefits. The alleged scheme generated illegal proceeds of about INR 27.68 crore.Read more

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Brigade Enterprises enters industrial real estate with 25-acre industrial park project in Devanahalli, Bengaluru

17 Mar 2026

Bengaluru-based real estate developer Brigade Enterprises Ltd has announced its entry into the industrial real estate segment with the launch of a 25-acre industrial park in Devanahalli, North Bengaluru. The proposed development, titled Brigade Industrial Park, will offer around 2 million square feet of leasable space aimed at high-growth sectors such as aerospace and defence, IT and IT-enabled services, and data centres. The company did not disclose the investment required for the project. In a separate development, the company's managed workspace subsidiary BuzzWorks has leased 550 office seats to Dublin-based regulatory technology firm MyComplianceOffice in Hyderabad, taking BuzzWorks total leased office footprint in the city to approximately 1.1 lakh square feet. Brigade Enterprises continues to expand its presence across multiple real estate segments including residential, commercial and hospitality projects.Read more

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Puravankara gets KRERA approval for Northern Lights by Puravankara KVN in Bengaluru

16 Mar 2026

Puravankara Limited's associate, KVN Property Holdings LLP, has obtained registration from the Karnataka Real Estate Regulatory Authority (KRERA) for the new residential project Northern Lights by Puravankara KVN in the Hitech, Defence and Aerospace Park area of North Bengaluru. The approval covers all three phases of the development and clears an important regulatory step required to start marketing and sales. The project is expected to be officially launched soon, adding to the company's expanding housing portfolio in Bengaluru, a city that continues to see strong demand for residential space.Read more

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LPG shortage disrupts meal services in Bengaluru PGs as tenants call for temporary work-from-home option

14 Mar 2026

A shortage of commercial LPG cylinders in Bengaluru has started affecting paying guest (PG) accommodations that provide meals to thousands of residents across the city. Many PG operators are facing irregular gas deliveries, forcing them to simplify menus, limit cooking and suspend certain kitchen services. Some facilities have also informed tenants that lunch services may be temporarily halted from March 13 until supplies improve. The disruption has raised concerns among professionals and students who rely on PG meals, prompting some to suggest that companies temporarily allow employees to work from home until normal gas supply resumes.Read more

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Arvind SmartSpaces acquires 2.08-acre residential high-rise project in Whitefield, Bengaluru with revenue potential of about INR 330 crore

14 Mar 2026

Arvind SmartSpaces Limited has acquired a new residential high-rise development project in Whitefield, Bengaluru, with an estimated saleable area of about 2.5 lakh sq ft and a projected revenue potential of around INR 330 crore. The project, located in the Nagondanahalli area, spans 2.08 acres and has been acquired on an outright basis. The acquisition follows the company's earlier high-rise project addition on Sarjapur Road earlier this year, reinforcing its expansion in Bengaluru's residential market. This will be Arvind SmartSpaces 11th high-rise development in the city. The company entered the Bengaluru market in 2013 and has since added 15 projects across the region, with six developments delivered and nine currently under development. The project addition contributes to the developer's expanding vertical development portfolio during the current financial year.Read more

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Greater Bengaluru Authority issues final warning to 1,010 property tax defaulters over INR 33.9 crore dues

Bangalore News Desk

13 Mar 2026

The Greater Bengaluru Authority (GBA) has issued a final warning to 1,010 property owners who have not paid property tax, with total pending dues estimated at about INR 33.9 crore across five city corporations. The unpaid amount includes around INR 14.3 crore from 510 major defaulters and INR 19.6 crore linked to about 500 reassessment cases. Civic officials have asked zonal authorities to speed up recovery and have published lists of major defaulters online. The authority has also begun auctioning properties to recover dues, with two properties already auctioned in the KR Pura zone.Read more

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Bengaluru hosts 11th Edition of the ET Edge GCC Summit 2026 shaping the future of global capability leadership

12 Mar 2026

India's Global Capability Centres (GCCs) have evolved from cost-saving extensions of global operations into strategic engines shaping enterprise decisions, AI deployment, and innovation. Bengaluru, hosting over 875 GCCs and nearly 40% of India's GCC workforce, is now at the forefront of this transformation. The ET Edge GCC Summit 2026 in Bengaluru will explore how these centres are becoming AI-native, talent-driven hubs of enterprise value. Key discussions will cover strategic decision-making, responsible AI, cyber readiness, talent shifts, ESG integration, digital finance, and the changing workplace, highlighting India's leadership in the global GCC ecosystem.Read more

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Puravankara enters joint development of 4-acre Hennur Road project in Bengaluru

10 Mar 2026

Puravankara Group has entered a joint development on a 4-acre Hennur Road parcel in Bengaluru, with an estimated GDV of over INR 1,300 crore and a saleable area of 0.84 million sq. ft. The project aligns with the company's strategy of asset-light expansion in high-demand micro-markets, particularly North Bengaluru, which benefits from proximity to the airport, tech parks, and well-developed infrastructure. The project is expected to launch within 6-12 months. Earlier strategic acquisitions in Anekal, KIADB Hardware Park, and Balagere have strengthened Puravankara's Bengaluru growth pipeline.Read more

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Bengaluru unveils traffic plan with skywalks, bus stop relocation

Bangalore News Desk

09 Mar 2026

Authorities in Bengaluru have announced a new traffic management plan aimed at improving pedestrian safety and reducing congestion. The proposal includes building 101 skywalks at major junctions to allow pedestrians to cross busy roads safely and avoid conflicts with vehicles. Officials have also relocated 103 poorly positioned bus stops to streamline public transport movement and reduce bottlenecks on key roads. In addition, 137 waterlogging-prone locations across the city have been identified for urgent drainage repairs ahead of the monsoon season. The initiatives will be incorporated into the upcoming budget of the Greater Bengaluru Authority (GBA). Officials said these measures form part of a broader effort to improve traffic flow, urban mobility and civic infrastructure in the rapidly growing city.Read more

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