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Real EstateR
🏗️ Chennai’s real estate performance
Chennai's real estate sales have increased over the past year as economic concerns are less severe here.
💵 Prestige Group to invest in commercial development
The Prestige Group, based in Bengaluru, plans to invest ₹10,000 crores in the development of office space.
📈 Home rents spike
After nearly two years of disruptions caused by Covid, there has been a substantial increase in home rents in recent months as companies recall their staff to work onsite.
🏗️ Luxury residential project coming soon
The real estate division of TVS Motor Company, Emerald Haven Realty Ltd (TVS Emerald), intends to build a luxury residential project in Bengaluru.
📈 Office rent rose 12.1% in Bengaluru
Between July and September of this year, office rent in Bengaluru increased 12.1% year on year, the largest increase in the Asia Pacific area.