Tenants in Bengaluru face growing deductions from security deposits as landlords cite painting and upkeep costs. Here's what’s behind the trend.

IBM renewed its lease for 830,000 square feet of Embassy Golf Links Business Park office space in Bengaluru. The ₹143 crore yearly leasing contract is one of the biggest in the commercial office space category this year. According to insiders, this initiative would strengthen the US technology giant

A senior official at Bhive Workspaces, a top provider of managed office spaces, has announced plans for an IPO valued over ₹800 crore in the coming year. Before the IPO, Bhive wants to diversify its portfolio by lowering its 95% reliance on Bengaluru.

Defying the global economic slowdown, India's real estate market has experienced an unexpected surge over the past two years, with the rental sector, in particular, becoming a beacon for investors worldwide.

Commercial purchases in Bengaluru fell 14.3% to 12.5 million square feet in 2023. Knight Frank India ascribed this decline to US inflation and a slowing technology industry, which drives Bengaluru's office space demand.

According to an Anarock research, premium office space rental prices in seven major cities rose 7% year-over-year to Rs 83 per square foot per month in the first six months of the current fiscal. This is due to growing building prices.

Capital property market has been edged out by Rental property market according to various realty dealing service providers. Rental demand has increased in popular cities like Pune, Delhi, Bengaluru, Chennai and Mumbai in the year 2016 and has shown an inc