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News Entry# 566368
Aug 23 (20:07) Bengaluru Metro Phase 3 Approval Spurs Property Price Surge, Fractional Ownership Gains Traction
Metro
BMRC/Bangalore Metro
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News Entry# 566368   
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Namma Metro Phase-3 Project: Property prices to soar Axis Ecorp Enters Fractional Ownership Segment Emperium Targets Rs.700 Crore from Projects 3PL Players Drive Logistics Leasing

The recent approval of Phase 3 of Bengaluru's Namma Metro project is expected to significantly boost property prices in the city. Experts predict a 10% immediate increase followed by a 20% rise in the medium term. This anticipated growth is driven by speculative buying as investors anticipate improved connectivity and accessibility....
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The project will link the city's western outskirts, Outer Ring Road, and key business areas to the airport, enhancing the city's infrastructure. Meanwhile, Axis Ecorp is entering the fractional ownership market, aiming to attract investments in premium holiday homes. Emperium Group is targeting significant revenue from upcoming residential projects in Gurugram and Noida, catering to both luxury and mid-income segments. Third-party logistics providers continue to dominate the industrial and logistics leasing market, driven by the growing need for efficient warehousing and distribution networks.

Bengaluru ke Namma Metro project ke Phase 3 ko Union Cabinet se approval milne ke baad, experts ka maanana hai ki kuchh areas mein property prices mein kaafi badhaav aayega. Agarwal Estates ke founder, Manoj Agarwal ne property prices mein 10% ka immediate increase aur medium term mein 20% ka...
more...
increase hone ki prediction ki hai. Investors connectivity aur accessibility ke improvement ke liye property kharid rahe hain, yeh speculative buying ka trend hai jisse property prices pehle se hi badh rahe hain. Phase 3 se city ke western outskirts, Outer Ring Road, aur key business areas airport se connect honge, jisse city ki infrastructure mein improvement aayega. Iske alawa, Axis Ecorp fractional ownership market mein aaya hai, jiska aim premium holiday homes mein investment attract karna hai. Emperium Group Gurugram aur Noida mein upcoming residential projects se kaafi revenue generate karna chahta hai, yeh projects luxury aur mid-income segments dono ko target karte hain. Third-party logistics providers industrial and logistics leasing market mein dominate karte rahe hain, yeh trend e-commerce ke growth aur efficient warehousing and distribution networks ki demand se chala a raha hai.
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