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India's Bengaluru posts record home sales

Published Thu, Jul 31, 2014 · 10:00 PM
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[SINGAPORE] Home sales in Bengaluru, India's information technology hub, rose to a record in the June quarter as new projects boosted demand, according to Liases Foras Real Estate Rating & Research Pvt.

Sales in the city, home to the Indian units of Intel Corp and Google Inc, rose 10 per cent to 17.77 million square feet in the three months ended June 30 from the previous quarter, said Pankaj Kapoor, the founder of Liases Foras, a Mumbai-based real estate research company. "Sales in Bengaluru have been the highest among the six major cities," Mr Kapoor said…

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