🌇 BDA shortlists firms to build Shivaram Karanth layout
Bengaluru January 25, 2023
The selection process for the Bangalore Development Authority's (BDA) newest layout, which will be named after Kannada playwright and novelist K Shivaram Karanth, has been finalised.
🌇 BBMP withdraws OCs of Sobha City
Sobha City, a project built and offered for sale by Sobha Ltd on Bengaluru's Thanisandra Main Road, had its OC revoked by the BBMP on Sunday.
🏪 Big hikes in retail leasing
Retail leasing in India increased by 21% year over year in 2022 to 4.7 million square feet, with 1.4 million square feet of supply.
🌆 Rise of mid-scale developers
According to experts, Bengaluru's real estate market currently has a 35 percent proportion of large-scale developers, up from 25 percent two years ago, and a 25 per cent share of medium-scale developers, up from 15 per cent.
🏗️ Chennai's real estate performance
Chennai January 12, 2023
Chennai's real estate sales have increased over the past year as economic concerns are less severe here.