Bengaluru tops the list of 20 global cities in rental yields

October 16, 2015

Mumbai, Oct 16: After a period of slowdown, a lot of interest from the investor fraternity is witnessed in the office rental yields with Bengaluru, Mumbai and Delhi topping the list of 20 global cities, a recent survey said.

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According to a report by property consultant Knight Frank on forecast of top 20 global cities with highest rental yields till 2015-end, Bengaluru topped the list offering a return of 10.5 per cent, followed by Mumbai at 10 per cent and Delhi at nine per cent.

"While Bengaluru, Mumbai and Delhi are offering the highest yields globally of 9-11 per cent, we see a lot of interest from the investor's fraternity in the last one year which was preceded by a period of prolonged slowdown," Knight Frank Chief Economist and National Director of Research Samantak Das said.

Office markets across the top cities of India are continuing with its turnaround trend observed in 2014, which is backed by robust economic growth and focus on infrastructure and ease of doing business, he said.

According to the study, rentals across Mumbai and Delhi are, however, still below the 2007 peak levels, though Bengaluru is an outlier wherein rentals are 8 per cent more.

"Currently these cities are facing an acute shortage of good quality office space on the face of robust demand which is creating an upward pressure on office rentals that is expected to scale up in the range of 6-7 per cent in the next six months year-on-year," Das added.

Commenting on the findings, its Chairman and MD Shishir Baijal said, "Indian office market has been maintaining the healthy traction of 2014 and has clocked office space transactions of 18 million sqft in the first six months of 2015 and we expect the year to complete at around 40 million sqft which is the highest since 2011."

According to the report, this is a record year for Bengaluru which is expected to transact office space to the tune of around 12 million sqft in 2015.

"Even though at an aggregate level, the vacancy is at 17 per cent, the challenge is to get good quality office spaces across prime business districts, wherein vacancy is in single digits.

Due to a robust demand from start-ups and e-commerce, other than IT/ITeS, BFSI and manufacturing, office rentals are experiencing a substantial surge. Going forward, we foresee demand to continue outstripping supply," Baijal added.

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News Network
December 5,2025

Mangaluru: In a significant step to curb online hate and intimidation, Mangaluru City Police have registered a suo motu case against multiple Instagram accounts accused of circulating alleged provocative and threatening content.

While monitoring social media activity on Tuesday, Kankanady Town PSI Anitha Nikkam identified the Instagram handle ‘team_targetttt_900’ for posting a hate message alongside images of lethal weapons. Another account, ‘team_nagara_900’, allegedly shared a threatening post targeting activist Bharath Kumdelu, tagging additional pages such as KARAVALI-OFFICIAL.

Several other accounts — including ‘immu_bhai.fan’, ‘target_boy_900’, ‘kings_of_manglore’, ‘team_target_boys.900’, ‘arshad_mangalore’, ‘target_ka19_ullal’, ‘team_target__’, ‘troll_tigersz_900’, ‘tr_group_900’, and ‘team_target_900’ — are also under scrutiny for spreading similar inflammatory material, police said.

Authorities have urged citizens, especially young social media users, to report suspicious pages and avoid engaging with groups that glorify violence or threaten individuals. Online hate can quickly escalate into real-world harm, and police stress that sharing or promoting such content can attract legal consequences.

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News Network
December 15,2025

Udupi, Dec 15: What was meant to be a post-pilgrimage gathering turned tragic in Padukere village of Brahmavar taluk, Udupi district, late Sunday night, when a clash among youths escalated into a fatal assault, leaving one man dead.

The victim has been identified as 30-year-old Santosh Mogaveera, a resident of Padukere.

According to preliminary information, the incident took place during a late-night drinking party involving a group of local youths who had recently returned after completing their pilgrimage to the Sabarimala shrine. An argument reportedly broke out among the group and soon escalated into a violent confrontation.

During the ensuing brawl, Santosh Mogaveera was allegedly assaulted and collapsed at the spot after sustaining serious injuries. He was rushed by local residents to a private hospital in Brahmavar, where doctors declared him dead.

On receiving information, senior police officials, including Brahmavar Circle Inspector Gopikrishna, Kota Police Sub-Inspector Praveen Kumar T, Station ASI Manthesh Jabagoudar, and head constables Pradeep and Ashok, visited the spot and conducted an inspection.

Police have taken four youths into custody in connection with the incident. A case has been registered at the Kota police station, and further investigation is underway to ascertain the exact sequence of events leading to the death.

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News Network
December 15,2025

Mangaluru, Dec 15: Air India Express has announced that it will resume direct flight services between Mangaluru and Muscat from March 2026, restoring an important international air link for passengers from the coastal region.

Airport authorities said the service will operate twice a week—on Sundays and Tuesdays—from March 1. The initial flights are scheduled on March 3, 8 and 10, followed by March 15 and 17, with the same operating pattern to continue thereafter. The flight duration is approximately three hours and 25 minutes.

The Mangaluru–Muscat route was earlier operated under the 2025 summer schedule, with services beginning on July 14. At that time, Air India Express had operated four flights a week before suspending the service.

Officials said the summer schedule will come into effect from March 29, after which changes in flight timings and departure schedules from Mangaluru are expected. Passengers have been advised to check the latest schedules while planning their travel.

The resumption of direct flights to Muscat is expected to significantly benefit expatriates, business travellers and others, further strengthening Mangaluru’s air connectivity with the Gulf region.

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