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India’s tech hubs see property prices zoom by around 30%

Let’s assume a Bangalorean started reading this article when he took a cab at Bengaluru’s Whitefield. There are 90% chances that by the time he finishes reading this article, sharing it with friends, commenting on the social media, eating his evening snack and swallowing all of that with a fizzy drink, the person would still be stuck in <keyword id="2998639" type="UNKNOWN" weightage="20" keywordseo="Whitefield-traffic">Whitefield traffic</keyword>. 
 
This is not an odd day out and people of Bengaluru are bearing the brunt of the burgeoning traffic problem every minute. 
 
There are umpteen number of tweets, Facebook posts, threads on social media by people of Bengaluru who have missed their meetings, trains, flights, important function, cricket matches, etc because of the traffic. They say starting five minute early also makes no difference as they have to face chock-a-block traffic in any case. 
 
A glance at the stats will further reveal the grim situation. As per the data from Bengaluru’s RTO, the number of registered vehicles in the city went up from 55.59 lakh vehicles in 2015 to more than 60 lakh as of January 2016. 
 
This means, every month, 10% vehicles are getting added every day to the roads. Moreover, Bengaluru carries over 2.3 million riders daily and the average speeds is 18 kph, with which India’s Silicon Valley is counted among India’s slowest metros. 
 
The nerve wrecking situation is also because Bengaluru has a road density of 8.2 kilometre (km) per square km, the lowest among big Indian cities, and the scope of expansion is quite limited. In comparison, Delhi has a road density of 21.6 km per square km. 
 
Here are some tweets of daily passengers who live the horror every day and have gained our respect. 
 
 
<blockquote class="twitter-tweet" data-lang="en">
	
		YES THIS. <a href="https://twitter.com/hashtag/bangalored?src=hash">#bangalored</a> <a href="https://twitter.com/hashtag/bangalore?src=hash">#bangalore</a> <a href="https://twitter.com/hashtag/traffic?src=hash">#traffic</a> <a href="https://t.co/ifyawOLgaO">pic.twitter.com/ifyawOLgaO</a>
	— monika (@monikamanchanda) <a href="https://twitter.com/monikamanchanda/status/717664381966770176">April 6, 2016</a></blockquote>
 
 
<blockquote class="twitter-tweet" data-lang="en">
	
		U'll forget all ur problems in the middle of Bangalore traffic 🚥 <a href="https://twitter.com/hashtag/Bangaloretraffic?src=hash">#Bangaloretraffic</a>
	— MJ (@iamManjunatha) <a href="https://twitter.com/iamManjunatha/status/716925008459632641">April 4, 2016</a></blockquote>
 
 
<blockquote class="twitter-tweet" data-lang="en">
	
		👉<a href="https://twitter.com/hashtag/nammapopcorn?src=hash">#nammapopcorn</a> 4 <a href="https://twitter.com/hashtag/fun?src=hash">#fun</a> <a href="https://twitter.com/hashtag/Entertainment?src=hash">#Entertainment</a><a href="https://twitter.com/hashtag/nammabengaluru?src=hash">#nammabengaluru</a> <a href="https://twitter.com/hashtag/nammacinema?src=hash">#nammacinema</a> <a href="https://twitter.com/hashtag/meme?src=hash">#meme</a><a href="https://twitter.com/hashtag/kannada?src=hash">#kannada</a> <a href="https://twitter.com/hashtag/sandalwood?src=hash">#sandalwood</a> <a href="https://twitter.com/hashtag/kfi?src=hash">#kfi</a><a href="https://twitter.com/hashtag/bangaloretraffic?src=hash">#bangaloretraffic</a>👇 <a href="https://t.co/SuA0BXZT1d">pic.twitter.com/SuA0BXZT1d</a>
	— Popcorn Productions (@nammapopcorn) <a href="https://twitter.com/nammapopcorn/status/721224586616905728">April 16, 2016</a></blockquote>
 
 
<blockquote class="twitter-tweet" data-lang="en">
	
		<a href="https://twitter.com/hashtag/BangaloreTraffic?src=hash">#BangaloreTraffic</a> <a href="https://twitter.com/hashtag/ITPL?src=hash">#ITPL</a> <a href="https://twitter.com/hashtag/CrazyDriver?src=hash">#CrazyDriver</a> <a href="https://t.co/LCQa4Vg6wT">pic.twitter.com/LCQa4Vg6wT</a>
	— Ritik Baral (@ritikb) <a href="https://twitter.com/ritikb/status/694861859162292229">February 3, 2016</a></blockquote>
 
 
<blockquote class="twitter-tweet" data-lang="en">
	
		Where people spend their lives: Kolkata- Food joints, Mumbai- Pubs, Delhi-Grooming salons and Bangalore- Traffic. <a href="https://twitter.com/hashtag/bachao?src=hash">#bachao</a> <a href="https://twitter.com/hashtag/india?src=hash">#india</a>
	— Shreejon Biyani (@ShreejonBiyani) <a href="https://twitter.com/ShreejonBiyani/status/716515367967821824">April 3, 2016</a></blockquote>
 
 
<blockquote class="twitter-tweet" data-lang="en">
	
		<a href="https://twitter.com/hashtag/romanticplaces?src=hash">#romanticplaces</a> <a href="https://twitter.com/hashtag/BangaloreTraffic?src=hash">#BangaloreTraffic</a> <a href="https://twitter.com/hashtag/bangalore?src=hash">#bangalore</a> <a href="https://twitter.com/hashtag/funny?src=hash">#funny</a> <a href="https://twitter.com/hashtag/bestreply?src=hash">#bestreply</a> <a href="https://twitter.com/hashtag/india?src=hash">#india</a> <a href="https://t.co/IOw303ESFT">pic.twitter.com/IOw303ESFT</a>
	— ABHISHEK SINGH (@ABBY_1409) <a href="https://twitter.com/ABBY_1409/status/662993380155260928">November 7, 2015</a></blockquote>
 
 
<blockquote class="twitter-tweet" data-lang="en">
	
		Before marrying someone, put them through the turmoil of <a href="https://twitter.com/hashtag/BangaloreTraffic?src=hash">#BangaloreTraffic</a> to see who they really are..It'll mak'em show their true colors.
	— Shantanu (@ShantzTH) <a href="https://twitter.com/ShantzTH/status/714788398284677120">March 29, 2016</a></blockquote>
 
 
<blockquote class="twitter-tweet" data-lang="en">
	
		It's funny when the auto guy asks for extra because there's traffic. I mean, it's Bangalore. Traffic is like gravity here. Everywhere.
	— Athyunnath Eleti (@athyunnath) <a href="https://twitter.com/athyunnath/status/712267172949569536">March 22, 2016</a></blockquote>
 
 
<blockquote class="twitter-tweet" data-lang="en">
	
		All is fair in Love, War and Bangalore Traffic
	— Sivanesh Sengodan (@cvanesh) <a href="https://twitter.com/cvanesh/status/712148691021213696">March 22, 2016</a></blockquote>
 
 
<blockquote class="twitter-tweet" data-lang="en">
	
		<a href="https://twitter.com/hashtag/Bangalore?src=hash">#Bangalore</a> traffic teaches extreme patience. You will definitely reach somewhere in the "long term." ;-)
	— Vishal Khandelwal (@safalniveshak) <a href="https://twitter.com/safalniveshak/status/708197757131972608">March 11, 2016</a></blockquote>
 
 
<blockquote class="twitter-tweet" data-lang="en">
	
		The sense of accomplishment when you cross Hebbal bridge! ✌ <a href="https://twitter.com/hashtag/bangaloretraffic?src=hash">#bangaloretraffic</a>
	— Freeda Lobo (@doethefoe) <a href="https://twitter.com/doethefoe/status/705610069245734912">March 4, 2016</a></blockquote>
 
 
<blockquote class="twitter-tweet" data-lang="en">
	
		<a href="https://twitter.com/hashtag/BangaloreTraffic?src=hash">#BangaloreTraffic</a> 😨 
		 
		Almost feeling <a href="https://twitter.com/hashtag/Trapped?src=hash">#Trapped</a> 😶 <a href="https://t.co/Xkl2ggr2GR">pic.twitter.com/Xkl2ggr2GR</a>
	— Bhavin Tolia (@BhavinTolia) <a href="https://twitter.com/BhavinTolia/status/700678629181644801">February 19, 2016</a></blockquote>
 
FYI: That person is still at Whitefield 
 
(Image: Twitter)

These tweets on Bengaluru’s traffic will crack you up and tell you how bad the situation really is

After a steep nosedive in demand for office space rentals during 2020 and 2021, a new <keyword id="19955574" type="General" weightage="20" keywordseo="Colliers-report" source="keywords">Colliers report</keyword> has now noted that office rentals across six major <keyword id="20026638" type="General" weightage="20" keywordseo="Indian-cities" source="keywords">Indian cities</keyword> have finally rebounded to their <keyword id="20789690" type="General" weightage="20" keywordseo="pre-pandemic-levels" source="keywords">pre-pandemic levels</keyword> and even inched around 2-8% higher. While some cities like <keyword id="19900176" type="General" weightage="20" keywordseo="Hyderabad" source="keywords">Hyderabad</keyword> and Pune had already gone beyond their pre-pandemic rental levels as early as 2022, <keyword id="19895037" type="General" weightage="20" keywordseo="Bengaluru" source="keywords">Bengaluru</keyword> and Chennai had followed suit a year later in 2023. The last to join the bandwagon were <keyword id="19906633" type="General" weightage="20" keywordseo="Delhi-NCR" source="keywords">Delhi NCR</keyword> and Mumbai, which finally managed to breach their pre-pandemic levels in 2024. However, both Delhi and Mumbai recorded the highest jump in average rentals at 8% each, followed by Mumbai and Chennai, which saw hikes of about 5-6% during this period. The recovery in demand for office spaces, which kicked off in 2022, has stayed steady since. Arpit Mehrotra, Managing Director, Office Services, India, Colliers notes that going ahead, the annual increase in average quoted rentals at the end of 2024 is likely to be higher for certain cities like Delhi NCR and Pune, as compared to other markets. "Moreover, as demand scale-up in Indian <keyword id="20107243" type="General" weightage="20" keywordseo="commercial-real-estate" source="keywords">commercial real estate</keyword> solidifies, notwithstanding unforeseen events, annual space take up to the tune of 60 million sq ft is likely to be the new norm in the medium-term," he added. <h2>Prime location takes the cake</h2>Even within these cities, the growth of rental demand in certain micro-markets, which are located at prime locations, saw greater than the 2-8% average growth. For instance, in Delhi NCR, Gold Course Extension Road, Noida Expressway, and Cyber City saw up to a 25% rise in rentals. In Bengaluru, which saw around 2% <keyword id="22329786" type="General" weightage="20" keywordseo="rental-growth" source="keywords">rental growth</keyword> overall, Whitefield and ORR (Outer Ring Road) commanded a rental premium, with rents here surging by as much as 5-10% between 2019 and 2024. IOMR Zone 1 in Chennai and Bandra-Kurla Complex, Goregaon, and JVLR in Mumbai saw rents surge by around 10-20% from pre-pandemic levels between 2019 and 2024. In contrast, rental rates in Chennai and Mumbai grew at around 5% and 6%, respectively. In Hyderabad, SBD, or the Secondary Business District, which comprises of Gachibowli, Hitec City, and more, saw rentals surge between 5-10% between 2019 and 2024, as opposed to the 5% cumulative rental growth experienced by Hyderabad. In Pune, CBD and Kharadi saw rentals inch up by 5-10%, whereas the whole of Pune only saw their rentals grow by around 5% during the past 6 years. Mumbai and Delhi have also seen a dip in <keyword id="23656583" type="General" weightage="20" keywordseo="vacancy-levels" source="keywords">vacancy levels</keyword> since 2019. While this has dropped to 20% in Delhi at present, Mumbai ranks the lowest in terms of empty office spaces at 10.7%. In both these cities, demand for office spaces has consistently outpaced supply, which explains the low vacancies. In contrast, in Hyderabad, where supply continues to trump demand, current vacancy levels have gone as high as 25%. Going ahead, the Colliers report also estimates that average office rentals can witness up to 10% annual growth across key Indian cities by the end of this year.

Office rents across all major Indian cities surpass pre-pandemic levels in 2024, notes a new report

<ul><li>Rental values in the IT capital's prominent markets are expected to rise further by anywhere between 5-12% in 2023. </li><li>Bengaluru's Thanisandra Main Road and Marathahalli-Outer Ring Road have witnessed a steep rise of 24% each in residential rental values between Q1 2022 and Q1 2023. </li><li>Besides the prominent localities in Bengaluru, other cities also recorded notable rental values growth. </li></ul>The demand for residential rentals has significantly increased in many cities since the reopening of offices and schools after the third wave of Covid-19 in 2022, especially in the last year. Bengaluru, which is known as the IT/ITeS capital of the country, has experienced a remarkable surge in rental values. Real estate services company Anarock, through its analysis of monthly rents in the top 7 cities' prominent areas, has found that Bengaluru's Thanisandra Main Road and Marathahalli-ORR have witnessed the highest growth in residential rental values in Q1 2023 – rising 24% each from a year ago. The typical monthly rental for a standard 2-bedroom, 1,000 square foot home on Thanisandra Main Road went up from ₹21,000 in Q1 2022 to ₹26,000 in 2023. Meanwhile, at Marathahalli-ORR (Outer Ring Road), the average monthly rent increased from ₹22,500 last year to ₹28,000 in Q1 2023. Says Prashant Thakur, senior director and head, research, Anarock Group, “When it comes to rental demand and zooming rents, Bengaluru currently stands out among the top 7 cities, with East and North Bengaluru the biggest blips on the rental radar map owing to the IT/ITeS belt there. Whitefield, Sarjapur Road, Marathahalli-Bellandur Outer Ring Road, Thanisandra Main Road and even Hebbal are the clear chartbusters.” He adds that rental values in the IT capital's prominent markets are expected to rise further by anywhere between 5-12% in 2023, depending on the location, property, builder-type and other aspects. Interestingly, the next two two areas with the highest rental value growth rates among the seven cities were also located in Bengaluru. Whitefield, which is another significant IT/ITeS hub, experienced the second-highest increase in rental value, with a growth rate of 21% during the same period. That translates to an average increase of ₹4,600/month. The third spot was taken by Sarjapur Road in Bengaluru, which experienced a rental value growth of 20%, with the average rental value increasing by ₹4,500/month from ₹22,500/month in Q1 2022 to ₹27,000/month in Q1 2023. <cmsannotation type="cmsannotation" annotationid="Significant increase in rental yields" comment="subhead" text="Significant increase in rental yields">Significant increase in rental yields</cmsannotation> In India, the residential rental yield, which represents the annual return on investment in a property, had remained stagnant for a long time, with the national average hovering around 3% in the years before the pandemic. However, rental demand has increased significantly since the pandemic, particularly in 2022, leading to a change in this trend. As of the end of Q1 2023, Bengaluru has the highest rental yield among the top 7 cities, at 4.1%, followed by Mumbai at 3.9%. Prior to the pandemic, Bengaluru had the highest rental yield at 3.6%.

Bengaluru localities see the highest surge in residential rents in Q1 2023: Anarock

<ul><li>Positive economic data, lowering inflation and timely project completion is expected to drive home sales in 2024 too.</li><li>The possibility of interest rate cuts in 2024 can be another driver for residential home sales.</li><li>Hybrid work policies, love for amenities and community living will determine choice of homes.</li><li>Changing lifestyle preferences of tier-2 and tier-3 consumers expected to drive more branded home developments from Chandigarh to Coimbatore. </li></ul> Indian home sales are all set to hit a 15-year peak in 2023, with over 3 lakh residential units purchased. Come 2024, they will go higher as lower inflation will push more fence-sitters ahead in addition to all around positivity around the Indian economy. There is also another key factor that will drive more people to buy homes. Grade A developers who are completing their projects on a war-footing, providing a supply of new-homes. “Timely project completion is giving a major boost to overall consumer sentiments, and they are coming forward to take the plunge,” Anuj Puri, chairman of <keyword id="6354553" type="General" weightage="100" keywordseo="real-estate" source="Orion">real estate</keyword> consultancy Anarock group, tells Business Insider India. Pricier yet affordable Residential home sales for the ongoing festive quarter have been 30% higher than that of 2022. Thanks to heavy demand and new launches, the prices of homes have also been going up. A few micro-markets, in and around the tech hubs of Hyderabad, Bangalore and Pune, prices have shot up by anywhere between 25-33%. “Capital value growth is expected to witness divergent trends across micro-markets and property categories and will largely be governed by unsold inventory levels and inventory overhangs,” says Anshuman Magazine, chairman &amp; CEO - India, South-East Asia, Middle East &amp; Africa, CBRE. Whitefield in Bangalore, Gachibowli in Hyderabad and Wagholi in Pune are some of the micro-markets that have seen good price appreciation. Overall, across the top 7 cities, the average growth in property prices has been anywhere between 8-10%. As per Anarock, it’s expected to see at least 12% increase in 2024. Emerging infrastructure is also expected to push for price growth. Mumbai Metro Connectivity in the western suburbs has pushed up the housing demand in the Andheri-Borivali belt significantly. “With the backdrop of tremendous infrastructural development going on in full swing across the cities and states, we foresee the emergence of newer micro-markets as well as the strengthening of the existing ones. Similarly, the demand for housing in other cities and peripheries is expected to grow, owing to the phenomenal connectivity boost, leading to price growth across the targeted micro-markets,” Dhaval Ajmera, director, Ajmera Realty tells Business Insider India. While home prices might turn pricier, there is a chance that the net costs of home buying may go down if interest rates ease. The central bank has kept base interest rates unchanged for the fifth consecutive time in December. A few experts hope that a lower interest rate cycle might kick off in the coming year. "In 2024, we are likely to see a renaissance with affordability levels expected to be on an improving trajectory as macroeconomic fundamentals support a repo rate reversal and thereby interest rate reduction that could provide another fillip to the residential sales market," said a JLL report Home Purchase Affordability Index' (HPAI). The depreciation of the rupee against major global currencies, together with stable economic conditions in India is also a factor. "A notable trend has been the heightened interest in Indian real estate from NRIs. The advancement of technology has streamlined the process of property management from far away which has boosted NRIs confidence in Indian real estate as an avenue for investment, said Saurabh Garg, Co-founder &amp; Chief Business Officer, NoBroker. Space not price is the criteria Indians’ love for spacier and larger homes might not go away and are ready to shell out more. The lockdown-era love for people needing more space will not reverse as fast as companies went back from work-from-home policies. Lingering hybrid work policies are expected to keep people yearning for workstations inside homes that support remote work and flexi-living. It indicates a long-term shift in behaviour. “Buyer demand for large homes is still high, even in light of impending changes to laws about remote work. This tendency is anticipated to continue, reshaping the real estate market in 2024 as people look for homes that strike a balance between comfort, usefulness, and adaptability to changing work environments,” said Manju Yagnik, VC of Nahar Group. Indians will no longer base their home buying decisions on affordability alone. More factors have come into play like health &amp; safety, community living, sustainability, and integration of smart home technologies. “Home buyers are expected to continue to display strong preferences for projects which offer enhanced accessibility to essential infrastructure, ancillary amenities and thoughtfully designed indoor and outdoor spaces – which will propel the demand for this segment going forward,” says Magazine. Emerging tier-2, tier-3 opportunity Growing affluence in smaller cities and towns is also building demand for branded homes. Many developers will be going beyond top 8 cities where demand for amenities-driven homes is going up. Most of this demand is seen in tier 2 &amp; 3 cities such as Lucknow, Jaipur, Ahmedabad, Coimbatore and Chandigarh. “What aids the real estate market in these smaller towns and cities is their affordable prices as against big cities and the superior infrastructure that many of these Tier 2 and Tier 3 cities provide,” said Chitnis. There is a lot of home-buying interest by NRIs in such cities too, especially Kochi and Ahmedabad. That’s where a chunk of the new demand for the coming year will come from. These regions provide profitable prospects for developers and homeowners, say developers. “Our prognosis for continued development is positive beyond the top 7 and 8 cities. We anticipate a spike in major branded properties due to growing demand and promising development opportunities in emerging economies. This growth is driven by greater connectivity, changing lifestyle preferences, and infrastructure developments,” says Yagnik. ALSO READ: <a href="https://www.businessinsider.in/stock-market/markets/news/midcaps-will-move-but-not-as-fast-in-2024/articleshow/106143826.cms" data-type="tilCustomLink" target="_blank">Bulls &amp; Bubbles: Midcaps will move but not as fast in 2024</a> <a href="https://www.businessinsider.in/india/webstories/mukesh-ambani-to-savitri-jindal-indias-richest-in-2023-and-their-wealth-change/slidelist/106175315.cms" data-type="tilCustomLink" target="_blank">Mukesh Ambani to Savitri Jindal: India's richest in 2023 and their wealth change </a>

Real estate market on the boil but homes will still be ‘affordable’ in 2024

<ul class="summary-list"><li>A <keyword id="11900653" type="UNKNOWN" weightage="60" keywordseo="school" source="Orion">school</keyword> board member revealed that a high school principal was fired over a letter he sent to the school community.</li><li>James Whitfield sent a letter to the school community on June 3, 2020, addressing systematic racism. </li></ul>A <keyword id="11896956" type="UNKNOWN" weightage="60" keywordseo="texas" source="Orion">Texas</keyword> school board member admitted that they fired a Black high school principal for pushing <keyword id="12004885" type="UNKNOWN" weightage="60" keywordseo="critical-race-theory" source="Orion">critical race theory</keyword>.In a video posted on <a href="https://www.facebook.com/groups/814535702011055/posts/2583932625071345/">Facebook</a>, Tammy Nakamura, a newly elected member of the board, revealed to a Republican National Committee-sponsored school board panel in June that former Colleyville Heritage High School principal James Whitfield was fired for his antiracist activism. According to Nakamura, "the straw that broke the camel's back" ultimately got Whitfield fired was a letter he sent out last June to the school community, which accused Whitfield, the school's first Black principal, of teaching critical race theory. The letter, which was obtained by the <a href="https://www.texastribune.org/2021/09/18/colleyville-principal-critical-race-theory/">Texas Tribune</a>, was in reaction to the wake of protest relating to the death of George Floyd. "Education is the key to stomping out ignorance, hate, and systemic racism," Whitfield wrote in the letter. "It's a necessary conduit to get 'liberty and justice for all.'"According to the Texas Tribune, Whitfield said he didn't initially receive negative feedback from the community.A year later, Stetson Clark, a former school board candidate at Grapevine-Colleyville ISD, accused Whitefield of teaching critical race theory at a <a href="https://www.youtube.com/watch?v=xfnkBddvDQs">school board meeting</a>. "He is encouraging the disruption and destruction of our district," Clark told the crowd.According to the <a href="https://www.texastribune.org/2021/11/10/colleyville-principal-critical-race-theory/">Texas Tribune</a>, Whitfield resigned and was placed on a two-year administrative leave in August 2021. Nakamura, who referred to Whitfield as a "total activist," claimed that teachers like him were taking schools down. "They have to be stopped now, we cannot have teachers such as these in our schools because they're just poison, and they're taking our schools down," Nakamura said.

Texas school board member admits a high school's first Black principal was fired for being a 'total activist'

<ul><li>The 30-share BSE index opened 150.72 points higher, and the NSE Nifty was up 0.34% at 13,402.70.</li><li>Here’s a list of the top losers and gainers in the Nifty pack. </li><li>These are the top stocks that are buzzing in trade today.</li><li><a href="https://www.businessinsider.in/">Check out the latest news and updates on Business Insider.</a> </li></ul>Indian equity benchmark indexes touched a fresh lifetime peak in early trade on Tuesday tracking gains in index majors Infosys, HDFC Bank and Maruti amid persistent foreign fund inflow. The 30-share BSE index opened 150.72 points higher, and the NSE Nifty was up 0.34% at 13,402.70. Here’s a list of the top losers and gainers in the Nifty pack. <table style="border-width: initial; border-style: none;"></colgroup><tbody><tr><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Top Nifty Gainers </td><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Top Nifty Losers </td></tr><tr><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">UltraTech Cement </td><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Sun Pharma </td></tr><tr><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">RIL </td><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Coal India </td></tr><tr><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">HCL Tech </td><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">IndusInd Bank </td></tr><tr><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">UPL </td><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">JSW Steel </td></tr><tr><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Maruti Suzuki </td><td style="border-left:solid #000000 0.9907650000000001pt;border-right:solid #000000 0.9907650000000001pt;border-bottom:solid #000000 0.9907650000000001pt;border-top:solid #000000 0.9907650000000001pt;vertical-align:bottom;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Tech Mahindra </td></tr></tbody></table>*as of December 8, 10:30 am These are the top stocks in news today. Reliance Industries shares trade 3% higher The Mukesh Ambani-owned RIL shares soared 3% after a tepid start on Tuesday. While speaking at the India Mobile Congress 2020, Ambani said<a href="https://www.businessinsider.in/business/telecom/news/mukesh-ambani-says-jio-will-rollout-5g-services-by-june-2021-and-it-will-go-beyond-india/articleshow/79619222.cms"> Jio would start 5G services</a> by the second quarter of CY21. [link it] Canara Bank surges 7% The shares of Canara Bank <a href="https://www.businessinsider.in/finance/banks/news/canara-bank-launches-2000-crore-qip-sets-the-floor-price-at-103-50-per-share/articleshow/79617503.cms">surged almost 7%</a> after the bank announced that it had set a floor price of ₹103.50 per share for its qualified institutional placement (QIP) to raise up to ₹2,000 crore. The bank sought its shareholders’ nod during the annual general meeting, held in August, for raising up to ₹2,000 crore by way of QIP. Coffee Day Enterprise soars 5% The shares of Coffee Day Enterprise soared nearly 5% after it appointed Malavika Hegde, the wife of late VG Siddhartha Hegde, has been appointed as Chief Executive Officer (CEO) of the company from December 7. Jet Airways advances 5% The shares of Jet Airways advanced over 5% after the consortium led by Murari Lal Jalan, and Kalrock Capital said that it plans to <a href="https://www.businessinsider.in/india/news/jet-airways-could-resume-operations-by-summer-of-2021/articleshow/79607964.cms">operationalise Jet Airways by the summer of 2021</a>, subject to certain conditions. Accordingly, the consortium has announced the revival of Jet Airways as a full-service carrier. Godrej Properties gains nearly 3% The shares of Godrej Properties gained nearly 3% after the company on Tuesday announced that it has entered into an outright transaction to purchase a well-located land parcel in Whitefield, Bangalore. Titan gains nearly a percent The shares of Titan gained nearly a percent after its board has decided to scale down the operations of its wholly-owned subsidiary, Favre Leuba AG (FLAG), with immediate effect. Titan said that it has been continuously supporting FLAG, and has made a series of investments. However, the current COVID-19 pandemic has severely impacted the revival plans and prospects. SEE ALSO: <a href="https://www.businessinsider.in/science/health/news/bharat-biotech-applies-for-emergency-use-approval-for-its-covid-19-vaccine-covaxin/articleshow/79617391.cms" data-type="tilCustomLink">Bharat Biotech applies for emergency use approval for its COVID-19 vaccine Covaxin</a> <a href="https://www.businessinsider.in/science/health/news/covid-19-vaccine-in-india-expert-panel-to-review-pfizer-serum-and-bharat-biotechs-emergency-use-application-tomorrow/articleshow/79617336.cms" data-type="tilCustomLink">COVID-19 vaccine in India: Expert panel to review Pfizer, Serum and Bharat Biotech's emergency use application tomorrow</a>

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India’s tech hubs see property prices zoom by around 30%

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Texas school board member admits a high school's first Black principal was fired for being a 'total activist'

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