Experts note that although south Bengaluru realty is growing, the city s east and north will continue to dominate the rental and commercial sector because of the rapidly expanding developmental projects.
The company said it has signed three term sheets with Grade A developers in Bengaluru, Chennai, and Hyderabad and expects to close the first transaction within two weeks.
Homebuyers in projects delayed by up to four years in Bengaluru are waiting for their money to be recovered by the state under the orders of the Karnataka RERA. Experts say they have identified the critical problem and are advising the government on faster recoveries.