Bangalore
In north Bangalore, interest in real estate peaked with the setting up of the international airport in 2008. The as yet mainly unfamiliar region boasted sizeable tracts of land at considerably lower prices, which helped in the growth of commercial space in this region. Connectivity by the Outer Ring Road (ORR), the Hebbal flyover and [...] Continue Reading »
The concerned property is owned by Umbel Properties Pvt. Ltd. And managed by the Hilton consists of 247 studios and one and two bedroom suites along with four dining venues – global cuisine restaurant ‘Ministry of Food’, pool side al-fresco bar and grill ‘The Salt Grill’, lobby bar ‘KLINX’ and coffee lounge. The hotel also [...] Continue Reading »
The Fortis Healthcare plans to open high end medical facilities in Bangalore in the next 2 years. A company official says that these 2 hospitals have capacity of 280 beds. An official says that the Fortis La Femme which is the first hospital at Richmond Road will be developed for Childs and mothers. The 210 [...] Continue Reading »
The real estate industry in India is going through the phase of transformation. During 2013, the real estate market remained constant in major Indian cities. In Bangalore, the real estate market remained stagnant as compared to its adjoining cities. It is expected that the real estate market will gain its momentum in 2014. A Silver [...] Continue Reading »
After sites, it’s now the turn of flats to become costly. The Bangalore Development Authority (BDA) has hiked the prices of flats by almost 100%-200%, which is being held responsible for crushing the dreams of the common man to buy their own home in city. BDA is planning to sell its 2BHK flats of its [...] Continue Reading »
Recently, in a conclave held in the city, speakers highlighted that the master plans for Bangalore are just decorative documents with little significance or people connect. PN Sreenivasachari, principal secretary of the transport department on damning previous comprehensive development plans (CDPs) drawn up by the BDA said, there is no idea that all are being [...] Continue Reading »
To make way for a new elevated corridor from Chalukya Hotel Circle to Hebbal junction, Bangalore Development Authority (BDA) has decided to demolish the existing flyover opposite its head office on Sankey road. After the end of Lok Sabha elections and getting clearance from state government this project is expected begin. It was told by a senior [...] Continue Reading »
Bangalore is widely known for its bungalow culture and does not have skyscrapers adorning its skyline. This, however is about to change as a lot of developers are planning projects to come up with skyscrapers in the city. It is learnt that in the next couple of months, Golden Gate Properties, the south based builder [...] Continue Reading »
Bangaloreans always had a fascination for BDA sites due to two reasons: They are cheap and they come with clear titles free from litigation. But those are now things of the past. RTI activist BM Shivakumar, who has waged many a legal battle against the BDA, said “Gone are the days when people treated BDA sites [...] Continue Reading »
Bangalore witness strong private equity interest in real estate The New Year started with a boom for the Bangalore realty market. The realty in the city is attracting private equity investments in the real estate sector. Multiple sources had been quoted as saying that many deals topping $10 million (above Rs 60 crore) have been concluded or [...] Continue Reading »
