PROPERTY MATTERS

𝗕𝗲𝗻𝗴𝗮𝗹𝘂𝗿𝘂, 𝗠𝗮𝗿𝗰𝗵 28: The 𝗕𝗲𝗻𝗴𝗮𝗹𝘂𝗿𝘂 𝗔𝗽𝗮𝗿𝘁𝗺𝗲𝗻𝘁𝘀 𝗙𝗲𝗱𝗲𝗿𝗮𝘁𝗶𝗼𝗻 (𝗕𝗔𝗙) has welcomed the State Government’s decision to 𝗶𝗺𝗽𝗹𝗲𝗺𝗲𝗻𝘁 𝘁𝗵𝗲 𝗞𝗮𝗿𝗻𝗮𝘁𝗮𝗸𝗮 𝗔𝗽𝗮𝗿𝘁𝗺𝗲𝗻𝘁 𝗢𝘄𝗻𝗲𝗿𝘀𝗵𝗶𝗽 𝗮𝗻𝗱 𝗠𝗮𝗻𝗮𝗴𝗲𝗺𝗲𝗻𝘁 𝗔𝗰𝘁 (𝗞𝗔𝗢𝗠) 𝘁𝗵𝗿𝗼𝘂𝗴𝗵 𝗮𝗻 𝗼𝗿𝗱𝗶𝗻𝗮𝗻𝗰𝗲, following an assurance by 𝗗𝗲𝗽𝘂𝘁𝘆 𝗖𝗵𝗶𝗲𝗳 𝗠𝗶𝗻𝗶𝘀𝘁𝗲𝗿 𝗗.𝗞. 𝗦𝗵𝗶𝘃𝗮𝗸𝘂𝗺𝗮𝗿 on the final day of the budget session in the Legislative Assembly.Issuing a statement, 𝗕𝗔𝗙 𝗣𝗿𝗲𝘀𝗶𝗱𝗲𝗻𝘁 𝗦𝗮𝘁𝗶𝘀𝗵 𝗠𝗮𝗹𝗹𝘆𝗮 said,  “We are indebted to the Deputy Chief Minister D.K. Shivakumar and leaders of all parties for bringing the KAOMA discussion to the forefront in the Karnataka Legislative Assembly. We also thank the  Chief Minister and officials of the Urban Development and Parliamentary Affairs Departments for their sustained efforts over the years in shaping this crucial Act.”He added, “The KAOMA Act will bring 𝗴𝗿𝗲𝗮...

Bengaluru, Jan. 26:The Chief Commissioner of the Greater Bengaluru Authority (GBA), Shri Maheshwar Rao, instructed officials to mark the required land at St. John’s and immediately begin work to install five portal piers for the Ejipura flyover.He spoke at a meeting held today with officials from the Traffic Police Department and St. John’s National Academy of Health Sciences regarding the Ejipura flyover project.Resolution of the St. John’s land-use issue:The construction of the Ejipura flyover is currently progressing at a fast pace. On the left side while moving from Central Sadan towards Ejipura, a small portion of land belonging to St. John’s is required to install five portal piers.The portal piers need to be constructed along the footpath and adjoining the compou...

Friday, Dec 26, 2025 10:12:31 | ASBLHyderabad, Telangana, India (NewsVoir)      ASBL hosted India’s biggest real estate event - ASBL Family Day 2025 at Anvaya Conventions in Hyderabad’s Financial District, bringing together thousands of customers and their families in what industry observers are calling the largest customer-focused gathering in Indian real estate history. The scale and intent of the event mark a clear industry first. No other real estate developer in India has organized a customer celebration of this magnitude, positioning ASBL Founder and CEO Ajitesh Korupolu as the only developer to pioneer large-scale post-possession customer engagement at this level. Breaking with Industry Convention Real estate developers across India typically conclude customer relationship...

Bengaluru drives close to one-third of 2025 demand: Delhi NCR, Hyderabad, Chennai & Mumbai account for 13-16% share eachQuarterly demand at India level breaches 20 million sq ft, a 20% increase compared to the previous quarter Technology firms drive 37% of conventional space uptake; Flex space demand meanwhile touches 13 million sq ft in 2025 New supply remains steady at 56.5 million sq ft during 2025, a 5% YoY rise Overall vacancy levels drop by 49 basis points; Average rentals meanwhile firm up by up to 15% YoY across major citiesBengaluru, 24 December 2025: India’s office market continued to scale up in 2025, with Grade A office leasing across the top seven cities surpassing 70 million sq ft. Leasing activity, in fact, touched 71.5 million sq ft, marking a 6% yea...

Bengaluru leads in flex stock at 31% share; Pune stands out with highest flex penetration of 11.5%; Chennai records over 5X stock growth in 5 yearsAverage annual enterprise demand to touch ~200,000 seats in the 2026 & 2027, marking a 25% rise from the preceding two years Technology and BFSI firms to drive 60-65% of enterprise demand, while demand from consulting and engineering firms to strengthen at 10-15% share each GCCs to accelerate flex adoption and account for nearly 50% of enterprise seat uptake in the next 2 yearsBengaluru, 11 December 2025: India’s flex space market is poised for a decisive growth phase over the next 2-3 years, with flex stock across the top seven cities expected to surpass 100 million square feet by 2027, up from 72.3 million square feet in 20...