Indian real estate sector has witnessed decline in sales and prices have remained stagnant over the last few years.

Chennai remained the most expensive real estate market in South India. Among major cities Chennai, Hyderabad, and Bangalore, the price of real estate has firmed up in several posh locations.

Along with the resale homes market, luxury housing took the hardest hit after demonetization. The Government’s continued focus on affordable housing coupled with the surgical strike on high-value currency denominations in November 2016 took the sheen off luxury housing for two years in a row. As a result, developers restricted new supply in the luxury category across the top 7 cities.

However, ANAROCK's most recent research indicates that while the affordable and mid-segment housing sectors continued to dominate the overall supply in H1 2019, luxury and ultra-luxury housing also saw a resurgence.

Sector agnostic Buyout Fund, TIW Private Equity has picked up a majority stake in Bangalore headquartered, Credence Family Office. The deal is in process of regulatory approvals. Credence plans to use the proceeds to strengthen its advisory platform, increase geographical reach and improve on its operating platform.

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Bangalore, Apr 30 : Karnataka Chief Minister B. S. Yediyurappa came with his son, who is contesting elections for the BJP, to cast his vote on Thursday.

Sounding confident of emerging victorious in the polls, Yediyurappa said, "Out of 11 Lok Sabha constituencies, we are going to win minimum 8-9 seats."

Yediyurappa''s son BY Raghvendra is contesting from Shimoga seat.

Polling is being held in 11 Lok Sabha constituencies in Karnataka.