Bangalore
A rise of around 4.5 percent in the property prices has been witnessed in Bangalore. The recent real estate study observed price changes for around 85 projects considering period of December 2011 and April 2012. The study shows that around 41 percent of realty project prices remained stable whereas another 40 percent of property prices [...] Continue Reading »
The incident took place on Sunday, around 11.30 a.m, in Malleswaram Temple Street. A tree fell uprooting 3 electricity poles and damaging a house and a few vehicles parked around. The tree suddenly crashed down on electricity wires, the force of which uprooted three poles along with the tree. One of the pole fell inside [...] Continue Reading »
Surprising! Bangalore, the garden city is facing the shortage of water supply by almost four thousand million cubic meter. This clearly exposes 22 lakh people to face water scarcity every year. The geologists say that Bangalore has tough civic situations to face, since the pressure on ground water is increasing with the expansion of city. [...] Continue Reading »
The Bruhat Bangalore Mahanagara Palike (BBMP) budget for year 2012-13 will be presented before end of May. The draft of budget is ready and will be presented by Mayor Venkatesh Murthy. Mayor says that this years budget will be more realistic and has promised that it won’t exceed the previous year’s budget. he has also [...] Continue Reading »
The real estate trend of the Silicon City of India has been witnessing a drastic increase in the property prices. The real estate prices have touched the peak by about Rs. 33,000 per sqft. This property price was said to have been tagged to the upcoming apartment at the Kingfisher Towers also known as the [...] Continue Reading »
The commuters traveling via MG Road and Brigade Road in Bangalore were surprised to face roads flooded due to recent thundershowers. The commuters claim to have witnessed this situation never before with roads filled with water at Brigade Road, Commercial Street and Cubbon Road. Pointing this flooded situation at different localities in Bangalore, one of [...] Continue Reading »
The well known real estate developer House of Hiranandani having a land parcel of 140 acres in Bangalore and 110 acres in Chennai is right now planning to develop property. The Hiranandani top company executive say that they are planning to develop property understanding the property buyer’s preferences. The director at House of Hiranandani say [...] Continue Reading »
Private equity firms Blackstone and KKR are in talk with UB Holdings for buying the UB City. It is being said that the office real estate of the UB City may be sold at a price of Rs 650 crore. The higher officials of UB group are refused to comment on the development. The UB [...] Continue Reading »
The civic conditions has turned so worse that there is no such area or locality in Bangalore which is free from irregular garbage collection or illegal dumping. Dumping garbage in vacant plot or sites is one of the common problem faced especially by the residents staying at developing areas in the city. To prove the [...] Continue Reading »
Traffic congestion was at peak on Tuesday with the heavy rain lashed in Bangalore city. Several localities in Bangalore was plunged into darkness due to heavy downpour. The Bruhat Bangalore Mahanagara Palike (BBMP) sources on Tuesday said to have received many complaints. The prolonged electricity cut left the residents spend time in dark along with [...] Continue Reading »
