Tag: Bengaluru housing market

Latest StoriesResidential

Bengaluru Housing Premiumisation Endures Amid AI Disruptions

BENGALURU: While artificial intelligence is reshaping the tech landscape, the residential real estate market in Bengaluru continues to thrive, fueled by the expanding GCC ecosystem, a skilled workforce, and evolving expectations of homebuyers, as stated by industry leaders. At the RealtyDailyNews Realty & Beyond Summit Bengaluru held on Tuesday, real estate professionals highlighted Bengaluru’s shift from an IT-centric market to a diverse technology and innovation economy, leading to new residential demand patterns. They asserted that although AI might impact job roles, it is unlikely to hinder the city’s long-term housing needs. The panel featured notable figures including Mallanna Sasalu (CEO-South,…

Latest StoriesRera

RERA Chairman Calls for Faster Coordination in Real Estate Approvals

Rakesh Singh (IAS), Chairman, Karnataka RERA. Rakesh Singh (IAS), Chairman of Karnataka RERA, emphasized the need for enhanced institutional coordination and a more consistent approval framework in Karnataka’s real estate sector to mitigate project execution delays. He acknowledged that while RERA has contributed to increased discipline and transparency, discrepancies among government bodies, regulators, and promoters still hinder the progress from project initiation to completion. Singh spoke at the RealtyDailyNews Realty & Beyond Summit in Bengaluru, where he joined policymakers, developers, and other real estate professionals in discussions on Bengaluru’s urban and housing development potential. Singh highlighted the persistent trust issues…

Latest StoriesResidential

5.40 Lakh Homes Set for 2026 Delivery in Top 7 Cities: Anarock

NEW DELHI: An estimated 540,000 housing units are projected for completion in the top seven cities by 2026, which is the highest figure in a decade, according to Anarock Research. The report indicates that the ongoing conflict in the Middle East may impact delivery timelines due to disruptions in global trade routes, commodity markets, and supply chains. This year, the Mumbai Metropolitan Region (MMR) and Pune will contribute to 57% of the scheduled housing completions, with MMR expected to deliver around 207,000 units and Pune approximately 100,000 units. In the southern markets, Bengaluru is set to complete around 69,000 units,…