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05 Jan 2026
The Karnataka Housing Board (KHB) has cautioned homebuyers against purchasing plots in the Suryanagar Phase 4 residential layout using symbolic plot selection letters, stating such transactions are illegal and can lead to fraud or financial loss. These letters are issued only to landowners as part of the reservation process and do not grant ownership or transfer rights. The Board noted cases of misuse, including forged letters circulating in the market. Buyers are advised to only proceed after receiving formal allotment letters, completing registration, and obtaining eKhata, ensuring legal ownership and reducing risk.Read more
02 Jan 2026
Several homebuyers in Bengaluru have been affected after builders executed multiple sale agreements for the same apartment, exposing serious gaps in property registration and verification systems. The issue came to light when buyers discovered that identical flats had been sold to different individuals by altering carpet area details in registration documents. Sub-registrar offices reportedly registered these agreements without detecting duplication, while banks approved home loans without flagging title overlaps. The incident has intensified scrutiny of regulatory oversight and buyer protection mechanisms in the city's residential market.Read more
01 Jan 2026
Bengaluru Metro Rail Corporation Limited will extend metro services beyond midnight to manage the expected surge in passenger movement during New Year's Eve celebrations. Trains on the Purple, Green and Yellow Lines will run at increased frequency into the early hours, with last departures scheduled well past usual operating times. Entry and exit at MG Road station will be restricted late at night to manage crowding, while nearby stations remain operational. Additional BMTC buses will support last-mile connectivity across key parts of the city.Read more
25 Dec 2025
Bengaluru Smart Infrastructure Ltd (B-SMILE) has invited bids for consultancy services to accelerate five elevated road projects spanning almost 80km. The corridors are planned to improve east-west and north-south connectivity while diverting through traffic from congested city roads. Key stretches include Nagavara to Bagalur, Mother Teresa Circle to Bagalur village, Old Madras Road to Electronics City, Sirsi Circle to Nayandahalli, and Kanakapura Road. Detailed project reports are ready, and selected consultants will handle project management, technical vetting, and proof-checking to ensure timely and high-quality execution.Read more
25 Dec 2025
Puravankara Limited has acquired a 53.5-acre land parcel in Anekal Taluk, Bengaluru, increasing its developable area by around 6.4 million sq ft with a gross development value (GDV) potential exceeding INR 4,800 crore. The company stated this purchase is part of a planned strategy to expand its land bank in key micro-markets. The move follows previous acquisitions in North and East Bengaluru, which collectively strengthened Puravankara's portfolio. The company aims to leverage these strategic land additions to cater to rising demand and infrastructure-led growth in Bengaluru.Read more
24 Dec 2025
North Bengaluru is rapidly evolving from an airport-linked outskirts into a key urban growth corridor, supported by major infrastructure upgrades, improved road connectivity and upcoming developments such as KWIN City and the Yelahanka State Township. Proximity to Kempegowda International Airport has further boosted the region's appeal among homebuyers and investors. Reflecting this momentum, Sattva Group has launched Sattva Aeropolis Phase II along the airport corridor, following strong demand for Phase I. The project focuses on integrated, nature-led living with strong connectivity and future readiness. Backed by over three decades of experience and a CRISIL "A Stable" rating, Sattva Group continues to expand its presence in Bengaluru's high-growth residential markets.Read more
23 Dec 2025
Fortis Healthcare has agreed to acquire People Tree Hospital in Yeshwantpur, Bengaluru, for INR 4.3 billion, strengthening its presence in South India. The acquisition will be carried out through its wholly owned subsidiary, International Hospital, by purchasing 100% of TMI Healthcare, which operates the hospital. Along with the takeover, Fortis plans to invest about INR 4.1 billion over the next three years to expand and upgrade the facility. The deal aligns with Fortis & broader strategy to increase capacity and improve returns in key urban markets.Read more
22 Dec 2025
Bengaluru's Bangalore Water Supply and Sewerage Board (BWSSB) has begun using robotic inspection systems to check underground sewer lines, reducing the need to dig up roads and lowering maintenance costs. Rolled out recently, the technology has been deployed across 38 locations to accurately find blockages, cracks and other faults. The move has sped up repairs, reduced disruption to traffic, and improved safety by limiting manual entry into confined spaces. BWSSB plans to expand this technology further as part of ongoing efforts to modernise sewer maintenance.Read more
22 Dec 2025
Walmart Global Technology Services India Pvt Ltd, the technology arm of US retail giant Walmart, has leased 1.01 lakh sq ft of office space in north Bengaluru, near Kempegowda International Airport. The five year lease at a monthly rent of around INR 49 lakh includes a 4% annual rent escalation and a security deposit of INR 3.90 crore. The space will house the Walmart Contact Center serving US customers. This move follows its earlier large leases in Chennai and Bengaluru, showing growing interest in emerging office corridors and Global Capability Centres.Read more
21 Dec 2025
IBM India Pvt. Ltd. has signed a five year lease for about 1.61 lakh sq ft of office space at Embassy Golflinks Business Park in Bengaluru, with a monthly rent of around INR 2.4 crore at INR 150 per sq ft. The agreement includes a 45 day rent free period for fit out, a three year lock in, and a security deposit of INR 14.5 crore. The company will also pay fit out charges and has secured 216 parking slots. This move aligns with IBM's earlier office expansions in the city.Read more
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21 Dec 2025
Bengaluru City Police has issued new guidelines requiring residential apartment associations to collect and maintain detailed tenant data, including identity and contact information, to enhance safety and enable faster response during emergencies. The directive, aimed at improving resident security and assisting law enforcement, also recommends documenting guest and staff details. Housing societies have been asked to submit data to local police stations regularly as part of the proactive safety measure.Read more
21 Dec 2025
Homebuyers in Bengaluru's eastern IT corridors, including Whitefield, Sarjapur, and nearby areas, are raising concerns over water supply despite apartment prices reaching around INR 2 crore. Many residents rely on tanker deliveries costing INR 5,000 & INR 8,000 monthly due to limited piped water access, particularly in newer developments. Buyers are being advised to secure written assurances on water sources from developers. Rapid urban expansion has outpaced infrastructure, leaving older areas better served. The issue highlights the need for transparent water management and long-term planning in these high-demand residential corridors.Read more
21 Dec 2025
Mahindra Lifespaces has launched Mahindra Blossom, a premium residential development in Whitefield, Bengaluru, with a gross development value of around INR 1,900 crore. The project features 2, 3, 3.5, and 4 BHK homes designed with cross-ventilation, natural light, and expansive balconies, covering approximately 75% open-to-sky area. Amenities include a clubhouse, swimming pool, jogging tracks, sports courts, landscaped gardens, and a pet park, along with high-street retail facilities. Positioned near major IT hubs and the Hopefarm Channasandra metro, it reflects Mahindra Lifespaces focus on sustainable, well-connected, and community-centric living spaces.Read more
20 Dec 2025
The Bangalore Development Authority and the forest department will carry out a joint land survey in Banashankari's 6th Stage to address a longstanding dispute over property boundaries and ownership. The planned survey, scheduled in the coming weeks, aims to clarify land limits and help resolve issues that have left many site buyers uncertain about their rights. The initiative follows repeated complaints from affected allottees and seeks to bring clarity and closure to a protracted conflict involving development rights and regulatory oversight.Read more
19 Dec 2025
Mahindra Lifespace Developers Ltd is targeting revenue of around INR 1,900 crore from its newly launched residential project, Mahindra Blossom, located in Whitefield, Bengaluru. The company disclosed that the project has a potential gross development value of approximately INR 1,900 crore. Mahindra Lifespace currently has a residential portfolio of 53.30 million sq ft across seven Indian cities. In addition to housing, it manages over 5,000 acres of integrated developments and industrial clusters across four locations, reflecting its dual focus on residential and infrastructure-led real estate.Read more
19 Dec 2025
Concorde Group plans to invest around INR 125 crore to develop a commercial block at its Concorde Mayfair mixed-use project in Yelahanka, Bengaluru. The proposed development will include retail spaces on lower floors and office spaces on upper levels, catering to a mix of businesses and professionals. Located on Bellary Road, the project benefits from strong connectivity to Kempegowda International Airport and key parts of north Bengaluru. Yelahanka has emerged as a growing real estate hub due to infrastructure upgrades and rising residential demand. The commercial block is expected to enhance the project's overall value while tapping into steady demand for quality office and retail space in the region.Read more
17 Dec 2025
Bengaluru's Namma Metro Pink Line is approaching operational readiness as the first six coach prototype train from BEML arrives for testing. Under a INR 3,000 crore contract, BEML is supplying 318 standard-gauge metro cars for the Pink and Blue Lines, along with 15 years of maintenance support. Initial oscillation and safety trials will ensure the train's stability at higher speeds, with approvals required from the Ministry of Railways, RDSO, and the Commissioner of Metro Railway Safety. The elevated 7.5 km section may open by May 2026, while the remaining 13 km underground stretch is expected by the end of 2026.Read more
12 Dec 2025
The Karnataka government is set to invite bids for a new IT park in Mangaluru next week, aiming to expand technology-led development beyond the state's main hubs. The planned project will offer modern office spaces for IT firms, startups and knowledge-based businesses, along with supporting amenities. Officials said the IT park is expected to attract private developers and boost investment in the region's commercial real estate market. With improving connectivity and a strong talent base, Mangaluru is emerging as a promising tech growth corridor. The initiative supports Karnataka's decentralisation strategy and could generate jobs while driving demand for housing, hospitality and retail in the city.Read more
12 Dec 2025
The Bengaluru Development Authority (BDA) will now strictly enforce a one-time penalty on allottees who fail to begin construction within three years, and will not issue final sale deeds until buildings are completed. The move targets beneficiaries who left plots vacant or transferred them illegally while land values soared. Exceptions have been made for Arkavathy and Nadaprabhu Kempegowda Layouts due to delays and incomplete infrastructure. Many older allottees had secured sites at very low rates but never built on them. The BDA has also flagged cases of unauthorised transfers, which will now attract a 25% penalty. The policy aims to curb speculation and encourage timely, compliant development.Read more
11 Dec 2025
Brookfield India Real Estate Trust has raised INR 3,500 crore through a Qualified Institutional Placement to fund its acquisition of Ecoworld, a 48-acre Grade A office campus on Bengaluru's Outer Ring Road. The QIP was oversubscribed more than three times and drew strong interest from leading investors, including major mutual funds, insurers and global institutions. With this raise, the REIT has mobilised INR 8,000 crore over the past year. The 7.7-million-sq-ft Ecoworld purchase will lift Brookfield India REIT's operating portfolio to over 32 million sq ft and push its gross asset value beyond INR 53,000 crore. The REIT currently manages 29.1 million sq ft across India.Read more
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