Sunday, July 19News That Matters

PROPERTY MATTERS

Homes with a View: SNN Raj Bay Vista introduces “Work from Nature” Concept in the Heart of South Bengaluru with Lake Facing Homes.

Homes with a View: SNN Raj Bay Vista introduces “Work from Nature” Concept in the Heart of South Bengaluru with Lake Facing Homes.

Architecture, News, PROPERTY MATTERS
Bengaluru, July 16, 2026: Imagine waking up every morning to the sight of a tranquil lake outside your window instead of another concrete building. In a rapidly urbanising city like Bengaluru, where open spaces are becoming increasingly scarce, such experiences have become a rarity. It is this rare blend of nature and city living that SNN Raj Corp seeks to bring alive with the launch of SNN Raj Bay Vista, its premium residential development on Kodichikkanahalli Main Road, Bilekahalli, in South Bengaluru.As homebuyers increasingly look beyond conventional apartments, priorities have shifted from simply owning a home to finding communities that support wellness, flexibility and a better quality of life. The rise of hybrid work has also changed what people expect from their homes, with la...
Clearance of footpath encroachments will continue in the limits of the five municipal corporations: Chief Minister D.K. Shivakumar So far, 435 km of footpaths have been cleared of encroachment.

Clearance of footpath encroachments will continue in the limits of the five municipal corporations: Chief Minister D.K. Shivakumar So far, 435 km of footpaths have been cleared of encroachment.

News, PROPERTY MATTERS
Bengaluru, July 10, (Karnataka News): Since July 1, a total of 9,878 encroachments have been cleared on a total of 435 km of footpaths. The encroachment clearance operation will continue in the jurisdiction of all the five corporations, said Chief Minister D.K. Shivakumar. Speaking about the footpath encroachment and the eviction operation of traders in various parts of the city, he conducted a city tour on Friday and received information from Bangalore Urban Development Minister Krishna Byre Gowda. Later, he answered questions from the media near the Ashoka Pillar in Jayanagar. There were a total of 1,340 shops, about 1,800 push carts. Push carts have been allowed to be taken away. About 2,267 shops had tin sheets installed in front of them, which have also been removed. 2,300 steps, p...
Bengaluru continues to lead GCC office transactions in India, Residential prices rise 9% on sustained demand: Knight Frank India.

Bengaluru continues to lead GCC office transactions in India, Residential prices rise 9% on sustained demand: Knight Frank India.

News, PROPERTY MATTERS
Bengaluru records 14.1 mn sq ft of office transactions in H1 2026; highest amongst the eight Indian citiesGCCs drive Bengaluru’s office leasing activity in H1 2026 Residential sales grow 5% YoY to 27,968 units, while launches rise 4% YoY Average residential prices rise 9% YoY to INR 9,354 per sq ftBengaluru, July 09, 2026: Knight Frank India in its latest report, India Real Estate: Residential and Office (January - June 2026) H1 2026, cited that Bengaluru continued to reinforce its position as India's premier destination for Global Capability Centers (GCCs), recording 8.5 mn sq. ft. of GCC-led office space leasing in H1 2026, the highest among all cities. GCCs accounted for 60% of the city's total office transactions, highlighting sustained confidence from multinational cor...
Investments in Indian Real Estate Diversify Geographically Amid Global Headwinds – Vestian

Investments in Indian Real Estate Diversify Geographically Amid Global Headwinds – Vestian

News, PROPERTY MATTERS
New Delhi, 8th July 2026: Geographical Diversification on the RiseUnlike the previous quarter, institutional investments in India's real estate sector witnessed broader geographic diversification in Q2 2026. Multi-city transactions accounted for nearly 60% of the total investment inflows, while the remaining 40% was distributed across India's top seven cities. Among individual markets, Chennai attracted the largest share of investments at approximately 16%, followed by Bengaluru at 11%. This shift reflects investors' growing preference for geographically diversified portfolios and underscores the expanding investment potential across India's major metropolitan markets despite persistent global economic headwinds.City % Share in Institutional Investments (Q2 2026)Multi-ci...
Square Yards raises INR 900cr (USD 95mn), plans additional USD50-60mn close as it prepares for IPO.

Square Yards raises INR 900cr (USD 95mn), plans additional USD50-60mn close as it prepares for IPO.

Business & Finance, News, PROPERTY MATTERS
NEW DELHI, INDIA – June 23, 2026 – Square Yards, India's leading integrated real estate and mortgage platform, today announced the successful closure of a Rs 900 crore ($95 million) capital raise. The strategic investment, which comprises a mix of debt and equity, was anchored by EAAA Alternatives and saw participation from global corporate credit manager Muzinich & Co.Following this capital infusion—which was completed at an equity valuation significantly higher than its previous round—Square Yards has firmly solidified its position as a dominant force in the global proptech ecosystem. Building on this momentum, the company is also looking to close another $50-60 million over the next quarter as part of its ongoing capital strategy.Over the past several years, Square Yards has...
Espire Hospitality Limited expands its uber-luxury portfolio by entering into an agreement with Marriott International to manage its upcoming ‘JW Marriott Resort & Spa’ near Vrindavan .

Espire Hospitality Limited expands its uber-luxury portfolio by entering into an agreement with Marriott International to manage its upcoming ‘JW Marriott Resort & Spa’ near Vrindavan .

News, PROPERTY MATTERS
NEW DELHI, May 4, 2026 /PRNewswire/ -- After the historic success of Six Senses Fort Barwara, Ranthambore, Espire Hospitality Limited today announced another significant signing for its uber-luxury portfolio with Marriott International. The addition of JW Marriott Resort & Spa is a move set to redefine the luxury hospitality segment of the region.Signing ceremony (Mr. Amit Rai, Chairman of the Board, Espire Group and Mr. Rajeev Menon, President, Asia Pacific excluding China, Marriott International)Team Espire Hospitality Limited and Team Marriott InternationalJW Marriott Resort & SpaJW Marriott Resort & SpaNestled at a prime location near Vrindavan, an hour's drive from New Delhi, Gurgaon, and Noida, the resort o...
𝗕𝗔𝗙 𝗪𝗲𝗹𝗰𝗼𝗺𝗲𝘀 𝗠𝗼𝘃𝗲 𝘁𝗼 𝗜𝗺𝗽𝗹𝗲𝗺𝗲𝗻𝘁 𝗞𝗔𝗢𝗠𝗔 𝗔𝗰𝘁 𝗧𝗵𝗿𝗼𝘂𝗴𝗵 𝗢𝗿𝗱𝗶𝗻𝗮𝗻𝗰𝗲, 𝗨𝗿𝗴𝗲𝘀 𝗦𝘄𝗶𝗳𝘁 𝗥𝗼𝗹𝗹𝗼𝘂𝘁.

𝗕𝗔𝗙 𝗪𝗲𝗹𝗰𝗼𝗺𝗲𝘀 𝗠𝗼𝘃𝗲 𝘁𝗼 𝗜𝗺𝗽𝗹𝗲𝗺𝗲𝗻𝘁 𝗞𝗔𝗢𝗠𝗔 𝗔𝗰𝘁 𝗧𝗵𝗿𝗼𝘂𝗴𝗵 𝗢𝗿𝗱𝗶𝗻𝗮𝗻𝗰𝗲, 𝗨𝗿𝗴𝗲𝘀 𝗦𝘄𝗶𝗳𝘁 𝗥𝗼𝗹𝗹𝗼𝘂𝘁.

News, 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...
Golden Growth Fund acquires land parcel in South Delhi’s Gulmohar Park; eyes Rs 100 crore revenue.

Golden Growth Fund acquires land parcel in South Delhi’s Gulmohar Park; eyes Rs 100 crore revenue.

Business & Finance, News, PROPERTY MATTERS
With total built-up area of approx. 20,000 sq. ft., the project will have 4 ultra-luxury independent floors with state-of-the-art amenitiessNew Delhi, March 30, 2026: Golden Growth Fund (GGF), a category II real estate focused Alternative Investment Fund (AIF) designed for South Delhi, today announced the acquisition of a prime land parcel at Gulmohar Park in South Delhi. The company plans to develop ultra-luxury independent floors on this land parcel with estimated revenue potential of approx. Rs 100 crore, further strengthening its presence in the posh and end-use driven South Delhi market.This is the Fund’s third acquisition in South Delhi since its launch in September 2024 after Anand Niketan and Neeti Bagh where construction is on in full swing.Gulmohar Park is one of Sout...
Housing Sales fall below 1L unit mark after 18 quarters; down 13% YoY and 6% QoQ in Q1 2026 .

Housing Sales fall below 1L unit mark after 18 quarters; down 13% YoY and 6% QoQ in Q1 2026 .

Business & Finance, News, PROPERTY MATTERS
Bengaluru emerges as a realty hotspot as the city, for the first time, records the highest sales and supply among top 9 cities.Delhi-NCR recorded the highest growth in sales and supply amongst top 9 cities.National, March 30, 2026: The housing sales in India’s top 9 cities continued to decline in Q1 (January-March) 2026, falling below the 1 lakh unit mark after 18 quarters, owing to fewer supply across most major cities.According to NSE-listed real estate data analytics company PropEquity, housing sales fell by 13% YoY and 6% QoQ to 98,761 units while launches fell by 19% YoY and 8% QoQ to 92,411 units in January-March 2026.Bengaluru, with sales of 17,991 units, emerged as the highest selling market. The city recorded 16% QoQ and 3% YoY growth.Delhi-NCR with 12,141 un...
Mark St. John’s land and immediately begin work to install 5 portal piers for the flyover: Maheshwar Rao

Mark St. John’s land and immediately begin work to install 5 portal piers for the flyover: Maheshwar Rao

News, PROPERTY MATTERS
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...