Bangalore
The Indian real estate market is always attractive to Non resident Indians. This is because it is one of the safest investments as it gives better returns over time. Many NRIs own multiple properties in India and among them some properties are inherited. Real estate also has certain tax challenges like other investments. According to [...] Continue Reading »
The upcoming Bangalore-Mumbai Industrial Corridor is expected to benefit many areas of the state. The British Prime Minister had expressed interest in this corridor during his recent visit to India. If these corridors become reality, then there will be tolled roads, high speed rail connectivity and townships all along. This will relieve the congestion of [...] Continue Reading »
Bangalore’s Hoskote, Neo Bangalore is a new satellite township with world class connectivity and rapidly growing infrastructure. The real estate in this area is booming and housing is witnessing high demand. Recently, the Government of Karnataka has inaugurated a BMTC bus depot in Neo Bangalore. The proposed Satellite Township Ring Road (STRR) covering 284 km [...] Continue Reading »
The average rental value of a 2 BHK with 1200 sq ft in BTM Layout was Rs 10,000 a year ago, which has now become Rs 22,000. If the place has a park facing then the rate goes up by Rs 4000 extra. The price of a basic 2BHK apartment in this area starts from [...] Continue Reading »
Over 8,000 members of Arkavathy Layout Allotees’ Association, who have been denied their promised plots, have written to Prime Minister over the lack of concern of Bangalore Development Authority and the state government, to draw the PM’s attention to their condition. The Association have paid the sital value in the year 2006 and around 4,000 [...] Continue Reading »
The mismatch between supply and demand for retail space in the southern India is growing worse. The real estate builders continue to build malls in a saturated market and as a result, by 2014 there will be an increase in supply by 100 percent. Over the next two years, Bangalore will have 27.602 million square [...] Continue Reading »
In the last few months, the retail space in Bangalore witnessed growth with several new malls and large plots been taken over for retail space. Now retailers have been looking to expand their operations to areas where malls are coming up expecting good deals. Areas with lot of malls and outlets of MNC brands are [...] Continue Reading »
The Preserve is a project by SRR Homes which is spread over 23 acres of land and is approved by BIAAPA. The project is located near Devanahalli on highway NH-7 Bangalore. The Preserve is just 15 minutes drive from the Bangalore International Airport. The project offers world class amenities like sewage treatment plant, reliable power supply, centralized [...] Continue Reading »
Property tax collection has started for the year 2013-2014, but more than 50,000 property owners in Byatarayanapura, off Bellary Road are facing problems to pay tax online and making several trips to BBMP office. The hassle free online mode of property tax is not available for thousands of property owners in areas such as Vidyaranyapura [...] Continue Reading »
Good news for residents of group housing and private layouts! The builders will have to develop the sites allocated for the civic amenities and then have to hand over to the registered residents’ welfare association for the maintenance. The Bangalore Development Authority (BDA) have to make sure that the civic amenities sites are handed over [...] Continue Reading »
