Nelamangala, a bustling town on the outskirts of Bengaluru, is rapidly gaining prominence in the real estate market. With its strategic location and burgeoning infrastructure, it presents a golden opportunity for investors looking to capitalize on the gro
NelamangalaReal EstateInvestmentBengaluruInfrastructureReal EstateNov 02, 2024
Nelamangala's strategic location, improving infrastructure, affordable property prices, and growing demand for both residential and commercial spaces make it a lucrative investment option.
Nelamangala is well-connected via major roads and highways. The upcoming metro extension to the town will further enhance its connectivity, making it more accessible to Bengaluru and other key locations.
The demand for properties in Nelamangala is driven by its affordable real estate prices, strategic location, and the growing number of job opportunities in the town's industrial parks and SEZs.
Several leading developers, including BM Property, Sannidhi Developers, and Vimarsh Estates, are actively investing in Nelamangala and launching a range of projects to cater to the growing demand.
The potential for capital appreciation in Nelamangala is high, given the ongoing development and infrastructure improvements. The town's growing population and increasing demand for properties are key drivers of this growth.
K Raheja Corp, one of Mumbai's leading real estate developers, has made a significant move by acquiring a prime property in Kandivali East for ₹466 crore. The agreement was registered on December 22, 2024, marking a strategic expansion for the company in
The Telangana High Court has dismissed a plea filed by real estate firm Jana Chaitanya Housing Pvt. Ltd, rejecting their request for sale deeds of disputed lands. The court ruled that the firm had failed to provide sufficient evidence to support their claim.
The Maharashtra state cabinet has approved a proposal to redevelop the Bandra Reclamation and Adarsh Nagar clusters, spearheaded by MHADA. This move aims to modernize infrastructure and improve living conditions in these areas.
The real estate sector is witnessing a slow recovery, and tax relief seems unlikely in the near future, according to Sandip Sabharwal, a prominent industry expert. While there are some regional opportunities, the overall sector remains cautious.
As the real estate sector continues to evolve, housing prices in major Indian cities have recorded a significant 11% year-on-year increase during the third quarter of 2024. Check if your city is part of this rising trend.
This significant funding will serve as growth capital for Elan Group, aiming to expand and strengthen its presence in the thriving Gurugram real estate market. The recent investment is viewed as a major boost to the company's expansion plans.