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Disney India has leased approximately 1.75 lakh sq ft of office space at Embassy TechVillage in Bengaluru under a five-year agreement, marking one of the larger office transactions in the city this year. The lease, carrying a monthly rental of about INR 2.01 crore, covers multiple floors within the business park. The transaction reflects sustained demand for premium office assets in Bengaluru from global occupiers, particularly in the technology, media and services sectors, amid continued expansion of corporate operations in India.Read more

03 Jun 2026

• Flexible workspace operator IndiQube Spaces Ltd has signed a five-year office leasing agreement valued at INR 52 crore with a consulting and management services firm.
• The transaction covers more than 700 desks at IndiQube’s co-working facility in Yelahanka, North Bengaluru.
• The deal was disclosed by the company through a regulatory filing released in the past week.
• The agreement reflects continued demand for managed and flexible workspaces from corporate occupiers seeking long-term office solutions.
• IndiQube currently operates across 17 cities and manages a portfolio exceeding 9.66 million sq ft.Read more

03 Jun 2026

Puravankara Limited has entered into a Joint Development Agreement (JDA) for an 11.23-acre land parcel at Doddagubbi in North Bengaluru, where it plans to develop a residential apartment project with an estimated gross development value (GDV) of INR 1,100 crore. The development will comprise approximately 0.74 million sq ft of saleable area and forms part of the company’s ongoing expansion strategy in key urban micro-markets. The announcement comes after the developer reported record annual sales of INR 7,407 crore in FY26 and outlined a FY27 sales target of INR 11,200 crore. The project strengthens Puravankara’s pipeline in Bengaluru, which now represents more than INR 13,800 crore in GDV across multiple residential developments.Read more

02 Jun 2026

• South Western Railway has initiated scheduled maintenance works at the Lowry Road Underbridge (RUB) near KR Puram in Bengaluru in early June 2026, triggering phased traffic restrictions across key eastern corridors.
• Traffic movement is impacted across KR Puram, Ramamurthy Nagar, ITI Colony, ITPL and Whitefield, which together form a major residential and IT commuting network.
• Authorities have implemented diversions via the KR Puram cable-stayed bridge and adjoining arterial roads, with both full and partial closures planned between June 4 and June 9, including limited night-time restrictions.Read more

01 Jun 2026

Abhee Ventures has announced plans to launch a 45-acre residential township in Gunjur, located along the Whitefield–Sarjapur Road corridor in Bengaluru. The proposed project, branded “Codename New Dimension”, is designed as a Scottish-themed development featuring landscaped open spaces, wellness-oriented amenities and a 3-acre golf driving range. Positioned within East Bengaluru’s expanding residential corridor, the development will comprise high-rise residential towers with apartment configurations ranging from 2 BHK to 4.5 BHK units. The project has been designed in collaboration with London-based UHA London and RSP Architects. Abhee Ventures stated that the township will be developed in phases and is currently in the conceptualisation stage amid increasing demand for integrated residential communities across Bengaluru’s technology-driven micro-markets.Read more

01 Jun 2026

Bengaluru-based startup Mappstore is expanding its AI-powered WhatsApp automation platform, VibeFlow, as businesses increasingly adopt conversational commerce tools to streamline customer interactions and operational workflows. The company said more than 1,000 businesses are currently using the platform, with growth averaging around 50% month-on-month during the current quarter. Founded by Sooraj Kumar, Lakshya Sharma and Manu George, the startup enables businesses to create automated WhatsApp workflows for bookings, payments, customer support and delivery coordination without coding requirements. Mappstore has also launched mappsto.re, a discovery marketplace for AI-powered conversational storefronts across sectors including food services, healthcare, retail and local services, positioning itself within India’s expanding messaging-based commerce ecosystem.Read more

31 May 2026

The Karnataka High Court has directed state revenue authorities to execute a Recovery Certificate issued by Karnataka RERA for recovery of dues from developers under the Real Estate (Regulation and Development) Act, 2016. The court observed that once a Recovery Certificate is issued under Section 40 of the Act and relevant Karnataka RERA Rules, authorities are legally required to recover the amount as arrears of land revenue. The ruling also reiterates the responsibility of designated revenue officials to act on pending recovery proceedings and strengthens the enforceability of RERA orders for homebuyers and complainants in Karnataka.Read more

30 May 2026

• PropTiger reported that Bengaluru recorded the highest year-on-year housing price growth among India’s top eight cities during Q1 2026, with average prices rising 24 per cent.
• Average residential prices in Bengaluru increased to INR 9,785 per sq ft, making it the country’s second-costliest housing market after Mumbai Metropolitan Region (MMR).
• Across the top eight cities, housing prices increased between 3 per cent and 24 per cent annually, while the weighted average crossed INR 10,000 per sq ft for the first time.
• Housing sales across the eight cities declined 2.2 per cent year-on-year to 95,973 units during the quarter, although Bengaluru, Chennai, Hyderabad and Delhi-NCR recorded sales growth.
• The report highlighted that premium and upper mid-income housing segments continued to dominate new launches across major cities including Bengaluru, MMR and Delhi-NCR.Read more

30 May 2026

SolarEdge Technologies has launched its new Research and Development campus, the India Development Center, in East Bangalore as part of its global expansion strategy. The facility will focus on developing advanced power electronics and smart energy technologies while strengthening the company’s engineering capabilities. It will also support hiring across multiple technical domains, including embedded systems and hardware design. Company leaders highlighted India’s strong position in the solar and engineering sectors and noted that the new centre will enhance collaboration, innovation, and product development across its global R&D network.Read more

30 May 2026

• Housing prices across eight major Indian cities increased between 3% and 24% year-on-year during January–March 2026, according to PropTiger.
• Bengaluru recorded the highest annual appreciation at 24%, followed by Mumbai Metropolitan Region at 20% and Delhi-NCR at 18%.
• The report attributed the sustained price growth to stronger demand quality, controlled inventory levels and improving buyer confidence.
• Industry stakeholders highlighted infrastructure expansion, premium housing demand and economic activity as major drivers of price appreciation.
• Developers stated that key residential markets are increasingly witnessing end-user-driven growth rather than speculative demand.Read more

29 May 2026

Smartworks Coworking Spaces has expanded its footprint in Bengaluru by leasing nearly 4.92 lakh sq ft office space at Sattva Aura on Outer Ring Road from Sattva Group. The company plans to develop a large managed workspace campus to cater to rising demand from enterprises and Global Capability Centres (GCCs). The expansion comes amid steady growth in India’s flexible office market, especially in Bengaluru’s technology and corporate corridors. Industry data showed office leasing activity remained strong in 2025, with coworking operators accounting for a significant share of total absorption across major cities.Read more

26 May 2026

Realty firm Knowledge Realty Trust (KRT), sponsored by Sattva Group and Blackstone, will invest INR 700 crore over the next three years to develop 1.4 million sq ft of office space in Bengaluru. The REIT, which holds a 46.5 million sq ft portfolio across six cities, is also pursuing acquisitions for inorganic expansion. The company reported strong leasing momentum, 92 per cent occupancy, and rising net operating income, driven largely by demand from global capability centres.Read more

26 May 2026

Puravankara Ltd has acquired a 14.57-acre land parcel in Bengaluru’s Mandur-Budigere corridor to develop a residential project with an estimated gross development value of around INR 2,300 crore. The project will have a total saleable area of nearly 1.8 million sq ft. A part of the land has been secured through a joint development agreement, while the remaining portion has been purchased outright by the company. The acquisition strengthens Puravankara’s expansion plans in Bengaluru, where demand for large-scale residential developments has remained strong due to improving infrastructure and growing housing demand in emerging micro-markets.Read more

26 May 2026

• Bengaluru West City Corporation has presented a INR 4,732 crore budget for FY2026-27 focused on transport infrastructure, civic amenities and urban development works.
• The budget proposes municipal bonds worth INR 200 crore, major road upgrades, pedestrian infrastructure, parking systems and transit-oriented development projects.
• Key allocations include stormwater drain works, ward road upgrades, sports infrastructure, healthcare projects and LED streetlight modernisation initiatives.Read more

Nagabhushan Reddy, MD, NBR Group

23 May 2026

Bengaluru’s residential real estate market is entering a new phase shaped by infrastructure expansion, changing buyer expectations and the emergence of multi-nodal urban growth patterns. Industry stakeholders indicate that the city’s housing demand is no longer being driven solely by the technology sector and office corridors, but increasingly by lifestyle preferences, sustainability considerations and long-term liveability. Demand for plotted developments and gated communities has strengthened amid growing preference for land ownership and lower-density residential formats. Infrastructure projects such as the Satellite Town Ring Road (STRR) and Metro Blue Line expansion are also reshaping investment patterns across emerging suburban locations including Bagalur and Yelahanka. Market participants further note that buyers are placing greater emphasis on regulatory transparency, environmental performance and integrated community ecosystems while evaluating residential projects.Read more

23 May 2026

BHIVE Workspace has expanded its presence in Bengaluru’s Whitefield office market through a new managed workspace campus at Concorde Econex, located along the ORR–Whitefield corridor. The company stated that the upcoming campus will accommodate more than 3,000 seats and is being developed as a premium “BHIVE Platinum” facility with an investment exceeding INR 30 crore. The project, developed in partnership with Concorde, reflects rising demand for flexible and experience-led office spaces across Bengaluru’s eastern commercial corridor. The campus will offer multiple workspace formats, lifestyle-focused amenities, collaborative infrastructure and public-facing recreational facilities as flexible workspace operators continue expanding within key Grade A office micro-markets.Read more

23 May 2026

Casagrand has launched a new residential project, Casagrand Moondance, near Mysore Road in Bengaluru, focusing on spacious low-rise living and larger community spaces. Spread across 8.6 acres, the project will have 504 units in 2 and 3 BHK configurations built across B+G+4 structures. The development includes over 71,500 sq. ft. of themed courtyards, nearly 4.5 acres of open space and more than 65 lifestyle amenities. Located around 15 minutes from RR Nagar, the project is expected to benefit from Metro and NICE Road connectivity while catering to homebuyers looking for less congested residential environments in West Bengaluru.Read more

22 May 2026

Tariq Premji, son of Azim Premji, has acquired a luxury penthouse in Whitefield, Bengaluru, for INR 45.71 crore, according to property registration documents cited in multiple media reports. The apartment is located in the 27 Summit residential project developed by Sterling Urban Developments Pvt. Ltd. and has a super built-up area of around 7,000 sq ft with five car parking spaces. The transaction was registered earlier this month, with stamp duty and registration charges of about INR 2.74 crore, adding to a series of high-value residential deals in Bengaluru’s premium housing market.Read more

Bangalore News Desk

21 May 2026

Intuit has leased over 6.3 lakh sq ft of office space at Embassy TechVillage on Outer Ring Road, Bengaluru, in a deal valued at around INR 915 crore. The long-term lease, registered in recent weeks, marks one of Bengaluru’s larger office transactions this year. The deal highlights continued demand from multinational technology firms for large Grade A office campuses in established commercial corridors. Outer Ring Road remains among Bengaluru’s most active office micro-markets, driven by technology occupiers and global capability centres expanding operations in the city.Read more

Bangalore News Desk

20 May 2026

The Bengaluru Development Authority (BDA) is facing growing legal and regulatory pressure over delays in housing and plotted development projects across Bengaluru. Karnataka RERA has directed the authority to register pending projects, complete infrastructure works and address complaints raised by homebuyers over delayed possession and missing civic amenities. Buyers in projects such as Gunjuru Housing Project and Nadaprabhu Kempegowda Layout have alleged prolonged delays despite making full payments years ago. Recent K-RERA orders have also clarified that public development authorities are subject to RERA rules and can be held accountable for compensation and project delivery delays.Read more