Bangalore
Flourish Techno launches its new residential project ‘Flourish Gurushree’ in Nagarbhavi, Bangalore. Beyond the bricks and concrete, however, there’s something unique to look forward to in Flourish Gurushree, that is the beautifully landscaped gardens, all set amidst green and lake view to relax and unwind. Flourish Gurushree offers 2 and 3 BHK luxurious apartments with sizes ranging [...] Continue Reading »
Bangalore- According to a report, about 3.5 lakh property tax defaulters in the city owe more than Rs. 786 crore to the Bruhat Bangalore Mahanagara Palike (BBMP). If paid, the property tax arrears will reach up to Rs. 1,000 crore followed by the BBMP levying 2 percent penalty every month. Each ward had a property tax [...] Continue Reading »
Sukruti Gardenia is a residential project by Unnathi Group. It is BIAAPA approved residential layout on IVC Road-NH-7, comprising of 314 of villa plots spread across 36 acres of land. This is a prime yet affordable land on the shores of one of the fastest developing areas in North Bangalore – work, business, leisure, hospitality, [...] Continue Reading »
Purva Sunflower is a new residential project launched by the renowned Puravankara group. The project is spread across 2.3 acres of land. The projects offers 2 and 3 BHK residential apartments of sizes ranging from 1200 – 1792 Sq ft. Purva Sunflower is located at Rajajinagar and the price of the apartment ranges from Rs [...] Continue Reading »
Luxury homes are going to cost more after the finance minister reduced the abatement on service tax availed by real estate developers for homes and flats above 2,000 sq ft or costing Rs 1 crore and above to 70% from 75%. The impact will be expanded in Mumbai for all the home buyers of under-construction [...] Continue Reading »
To assess collateral values for home financing, the UPA-II government is planning to attach greater importance and weightage to Residex, an index to capture changes in the prices of residential buildings at the national level. This drive was initiated keeping in mind the need for new financing schemes for the urban slums’ housing. The economic [...] Continue Reading »
Pashmina Builders has launched another residential project in Old Madras Road. The project named ‘Brookwoods’ is designed by architect Hafeez Contractor. The project offers well planned 1 BHK apartments with spacious balcony. The price of the apartment ranges from Rs 13.9 lakh to Rs 14.55 lakh. It is expected to get completed by end of [...] Continue Reading »
Frazer Town, the centrally located cosmopolitan area in Bangalore, is witnessing an upward trend in the price of multi- storey apartments. Six months ago, price of multi-storey apartments were between Rs 5,000 to 6,000 per sq ft, but now, it has reached a bracket of Rs 7,000 to 10,000 per sq ft. Small builders have [...] Continue Reading »
Real estate developers are more interested to launch luxury residential projects than building affordable housing due to the increased cost of construction. Real estate biggies like Oxame, Tata Housing, Supertech, DLF and Unitech had initially planned to come up with affordable housing to lure home buyers, but are now planning to make some changes in [...] Continue Reading »
Bangalore real estate sector is recording healthy growth and competition among the developers are rising. Real estate developers, mainly from Mumbai are bringing in the concept of deferred payment to the city to attract home buyers. The property buyers book apartments by paying a minimal amount of about Rs 2 to 5 lakhs and start [...] Continue Reading »
