Welcome to CELTEM Infra

At Celtem Infra, we are passionate about creating spaces that you can be proud of investing in.

We are a professionally run and fast growing real estate company in India, with the knowledge and expertise to help you generate wealth through strategic property investment.

Real estate investment is commonly acknowledged as a low-risk, high-yield strategy for wealth creation. At Celtem Infra we help you maximize and safeguard your investment by offering the very best property investment opportunities. Our mission is to create world-class properties, with a fundamental focus on providing superior quality, value and exceptional customer experience by making the property buying process not just hassle-free, but truly pleasurable.

Market Trends

  • A stable government at the Centre and its plans to set up smart cities has revived investors' interest in the country with Mumbai, Delhi and Bangalore set to emerge as hot investment destinations in 2015. According to a report by PwC, titled 'Emerging Trends in Real Estate Asia Pacific 2015', the rankings for the three major metros, among the 22 cities surveyed across the region, have improved significantly as compared to last two years. While Mumbai climbed to 11th position, Delhi's ranking improved to 14th and Bangalore to 17th, indicating a significant improvement in investor sentiment in the country, PwC India Partner Gautam Mehra told reporters. In 2013 and 2014, Mumbai stood at 20th and 23rd position, respectively. While Delhi ranked 21st in both the years, Bangalore stood at 19th and 20th position in 2013 and 2014, respectively. "There is certainly a positive vibe complemented by the expectation of an improved economy and a more transparent environment, keeping interest levels up among investors," he said. The positive sentiment can be gauged by the fact that global real estate funds focused on India are seeking to raise USD 6 billion in new capital, on top of USD 1.6 billion raised in the first seven months of 2014 and most of this is aimed at residential projects, he added. In addition, there has been a significant rise in interest from large sovereign and foreign institutional players over the course of 2014. "There is excess liquidity across various jurisdictions in the market, which is looking at opportunities for investment and India is emerging as a promising destination. "Additionally, the expected developments around creation of smart cities focused on large scale manufacturing, and the roll-out of REITs, if implemented well, are expected to further add to the momentum," Mehra said.

  • Mobility is a social and economic need. It influences the way people are connected to their work, education, healthcare systems, leisure or social services-related destinations. Private motor vehicles, formal public transportation such as bus, suburban railway, Metro and Monorail, and informal transportation such as autos and cycling make up the entire gamut of urban transport mode. The concept of seamless connectivity introduces a new paradigm in urban mobility to ensure a sustainable, reliable, and well-integrated, high capacity public transportation alternative for the citizens. Naveen Nandwani, Executive Director, Cushman and Wakefield, elaborates, “The multiple modes of public transportation that usually function in isolation are brought together under a single system, which will further enhance the user experience as a whole, and save time and money. As the movement of people shapes the patterns of urban development and future urbanisation, this seamless connectivity in urban transportation needs to be introduced in coordination with land-use planning and largescale infrastructure improvements.“ Advantages of seamless connectivity An integrated transport network provides people with several options for transport that are efficient in terms of speed, quality, comfort and cost. Consequently, residents are not pressed for choices for residing, working, access to social infrastructure such as medical and educational facilities, or even for entertainment. Naveen explains, “Cities with integrated and seamless connectivity can ensure that their physical and economic growth is not restricted to only pockets or stretches but is balanced and sustainable. Thus, a comprehensive development plan for any city focuses on the ease of mobility.“ Bengaluru -a perspective There are various proactive measures taken up by the government of Karnataka to augment and expand the city's physical infrastructure and developing major infrastructure projects to encourage the overall economic development. The Bruhat Bengaluru Mahanagara Palike (BBMP) has about 3,500 km of road (including 250 km of arterial roads and 100 km of national and State highways), 38,000 intersections, 41,000 small roads, 162 signalised intersections, and 600 manual intersections.The Urban Local Bodies (ULBs) around the city have around 2,400 km of road network. Srinivasa Reddy, Associate Director Research and Real Estate Intelligence Services, JLL India, says, “The city will be looking at significantly altering the 'radial through the core' traffic pattern by improvingdeveloping key 'rings' within city areas. The Outer Ring Road (ORR) is at a radius of 7-10 km from the city center, covering a total length of 62 km, and connects all major roads and highways in and around Bengaluru. However, over time, the ORR has almost become a city road, with local traffic, many signalled intersections and developments all around. Metro Rail project will also decongest the traffic on the city roads.“ Presently, the segments of Phase 1 between Byappanahalli and M G Road and between Peenya and Sampige Road are operational. Reach I is expected to be operational next year. The planned Peripheral Ring Road (PRR) will free up city roads and also the ORR by connecting key arte rial roads seamlessly. Areas benefitting from seamless connectivity The elevated expressway to the airport, the signal-free ORR, the elevated expressway to Electronics City and the Metro Rail are recent examples of seamless connectivity being increasingly promoted in the city. Srinivasa Reddy points out, “The areas benefiting from seamless connectivity are the ORR and surrounding locations, Bellary Road, Electronics City, Hosur Road and Tumkur Road.“ Naveen says, “Bengaluru requires seamless connectivity among city roads, highways and Metro services. Partial integration of different modes of transport can be witnessed in Hebbal, which is well-connected to the rest of the city through the ORR as well as to the airport through the expressway and frequent bus service.“ Pockets of growth Partial integration has enhanced the development activity in and around Hebbal.Naveen shares some statistics of the growth the area is witnessing thanks to good connectivity . “Today, this location has nearly 10.30 million sqft of operational office space and another 4.60 million sqft is under-construction. Currently, 0.13 million sqft of retail space caters to the inhabitants of Hebbal as well as other locations in the vicinity. The residential activity has kept pace with the burgeoning commercial and retail activity , and nearly 3,000 residential units are under construction in Hebbal as of now.“ Srinivasa Reddy cites examples of how connectivity has benefitted locations around the city . “Office, retail and residential activity improved after the ORR become operational. In and around Bellary Road, residential and commercial activity improved and increased after the elevated expressway was ready, since the international airport was already operational.Tumkur Road is witnessing significant improvement in residential activity and improvement in demand for residential units due to the Metro connectivity. Hosur Road is witnessing improved residential and commercial activity due to the elevated expressway from Silk Board junction to Electronics City.“

  • After residential development the next buzz in Bengaluru is the spurt of infrastructure development projects. “Gone are the days when investments in real estate depended on new residential development, today’s buyer prefers to invest in that part of the city where infrastructure development is coming up, as it ensures good returns on investment and upgradation of the area as well,” says Akhilesh Singh, lead consultant, Plan B Capital. Buyers are more optimistic about investing in and around areas where infrastructure development is proposed. The Mumbai-Bangalore Industrial Corridor (MBIC), the economic corridor between Mumbai and Bengaluru, Satellite Town on the Ring Road, Peripheral Ring Road, Devanahalli Business Park, extension of Phase 1 and 2 of the Metro Rail Project, announcement to lay several new roads connecting the suburbs to the Central Business District (CBD) are a few proposed developments across Bengalure which are driving buyers and developers interest in the area. Infrastructure Development ITIR in Devanhalli is expected to lift the real estate of Doddaballapura: With the development of multiple industries and IT parks under the Information Technology Investment Region (ITIR), Devanhalli is going to transform into a major IT hub, generating lot of job opportunities. “Progress in the construction work can be seen and completion of development is expected by 2017,” adds Singh. A 2BHK apartment in the area is priced between Rs 35-65 lakh with sizes of 1000-1500 sq ft. One can buy a 3BHK unit at a starting price of Rs 50 lakh with size 1300 sq ft which goes above Rs 1 crore for a 3500 sq ft covered area. Electronic City Elevated Expressway: Currently, the travel time between Silk Board Junction and Electronic City Junction is one hour which is expected to reduce to 10 minutes through the Elevated Toll Road. It is a 9 km long 4-lane Elevated Divided Carriageway ensuring smooth connectivity to Electronic City with different parts of Bengaluru. Units of 2 and 3BHK are in demand in Electronic City. The price for a 2BHK unit starts from Rs 12 lakh for an 800 sq ft covered area and goes up to above Rs 1 crore for a 1400 sq ft covered area. A 3BHK unit commands between Rs 16 lakh to Rs 2 crore with covered area of 900-3000 sq ft. Second phase of Namma Metro: The second phase of the metro which is under fast construction is expected to lift several areas of the city such as Hesaraghatta Cross, BIEC, Puttenahalli, Anjanapura, Bommasandra, RV Road and Nagavara, among others. These are areas that will be included in the metro stretch. “A lot of traction of buyers can be seen as they prefer to invest in areas near the proposed metro stations. Increasing demand for both commercial and residential space in Bengaluru is due to the growth of IT sector and increasing infrastructure development. Investing in and around planned infra-development helps in reaping healthy returns on investment.

  • India's first Information Technology Investment Region (ITIR) on the city's outskirts would attract $20 billion (Rs.1.2 trillion) investment and create millions of jobs, Karnataka Chief Minister Siddaramaiah said Wednesday. "The upcoming ITIR project at Devanahalli near the airport is expected to bring in $20-billion investment, create four million direct and indirect jobs and generate $40 billion revenue annually when developed," Siddaramaiah asserted at an ICT event here. The mega project, a joint venture of the central and state governments with the private sector, will be developed over a whopping 10,500 acres of land in two phases by 2032, overtaking the IT cluster in Silicon Valley in the US in terms of size and scale. "I have reviewed the project and directed the nodal agency (KIADB) to acquire 2,072 acres of land for developing the first phase," the chief minister said, inaugurating the Bangalore ITE.biz and CeBIT India event at Bangalore International Exhibition Centre (BIEC) on the city's outskirts. The Karnataka Industrial Areas Development Board (KIADB) has already issued preliminary notification to owners and farmers of the lands to be acquired around Devanahalli, about 40km from Bengaluru, for the mega project. "Owners of the lands to be acquired will be paid compensation under the new land acquisition law enacted by the central government. The nodal agency can raise loan from Hudco for compensating land owners," Siddaramaiah said on the occasion. The central government, which has approved the project, will provide funds to build world-class infrastructure, including road and rail connectivity, telecom and power. As a joint initiative of the central and state governments to attract major investments in the IT sector, a part of the integrated project will be demarcated for the development of IT/IT-enabled services and electronic hardware manufacturing units. Noting that Bengaluru has also emerged as the start-ups capital, next only to the US Silicon Valley, Siddaramaiah said many of them have started operating in data analytics, cloud computing and mobility space, auguring well for the digital economy. "The outcome of the start-ups initiative of the state government in association with the IT industry representative body Nasccom has been positive and encouraging," the chief minister noted. Referring to the 'Karnataka i-4' policy announced by the state government last year, Siddaramaiah said the novel initiative was aimed at giving a thrust to the growth of the IT sector in the tier-two and tier-three cities across the state. The Vision Group on IT, headed by Infosys co-founder Kris Gopalakrishnan, has been providing valuable inputs to the state government in taking up initiatives for the growth of IT in tier-2 and tier-3 cities across the state. The IT growth story of India is led by Karnataka, thanks to skilled professionals, dynamic entrepreneurs, a vibrant eco-system, and industry-friendly policies of the state, which accounts for 30 percent of the country's IT exports. The state has contributed IT exports valued at Rs.1.80 lakh crore in 2013-14 fiscal. Of the three million (30 lakh) software professionals in the IT sector across the country, about one million (10 lakh) are in Karnataka alone. The IT industry contributes about 20 percent to the state's gross domestic product.

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