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Bangalore

Element Capital to invest in low income housing

Element Capital to invest in low income housing
Element Capital, a real estate-focused private equity firm is in the process of launching a billion-dollar fund. They are planning to invest the amount in low-income housing, as it looks to take advantage of a revive property market. According to fund manager, the Element value Housing Fund is expected to launch by this August, has [...] Continue Reading »

BBMP to collect Rs 750 crores as property tax

BBMP to collect Rs 750 crores as property tax
BBMP is going to start a drive to recover the the pending tax amount from the tax defaulters. The civic body has decided to flash the name and photographs of the tax defaulters on hoarding at major traffic intersections. So if you are a property tax defaulter, beware! In addition to this, Palike is planning [...] Continue Reading »

Bangalore faces shortage of security guards

Bangalore faces shortage of security guards
Agencies providing security for the city’s private and the public sector including apartments are facing severe shortage in manpower. The reason for the shortage is that the states from where the city agencies recruit manpower have launched various welfare schemes targeted at young men to migrate to other cities in search of jobs. A huge [...] Continue Reading »

SJ Green Paradise launched by SJ Developers in Hoskote

SJ Green Paradise launched by SJ Developers in Hoskote
SJ Green Paradise is a flagship project of S.J Developers which is situated in Hoskote. 10 percent of the total land is reserved for parks, roads and civic amenities, and only the rest is converted to plots. The entire layout has been designed with only one thing in mind – convenience and luxury. SJ Green [...] Continue Reading »

Metro talks back on track

Metro talks back on track
The civic body is planning to interconnect Namma Metro with the City Railway Station, however the plan is stuck as both BMRCL and SWR are not agreeing on the cost of the project and the design. The Majestic area with the BMTC, the KSRTC as well as the railway station is an important area of [...] Continue Reading »

BBMP to set up dry waste collection centres

BBMP to set up dry waste collection centres
The Bruhat Bangalore Mahanagara Palike (BBMP) has requested the government to direct all its departments to segregate and manage the waste generated in their offices. The government offices are generating the majority of waste in the city. The government has allocated Rs 200 crores for solid waste management in this year’s budget. They will utilise [...] Continue Reading »

Hoskote: The new hotspot in Bangalore

Hoskote: The new hotspot in Bangalore
Bangalore is one of the fastest growing cities in India and several new developments are happening in the city. Neo Bangalore is one of new developments coming up in Hoskote, Bangalore. Hoskote, an area in Bangalore which holds great promises and expectations. It is not a place where time will stand still. It is about [...] Continue Reading »

Incomplete drain work creates chaos in commuters’ life

Incomplete drain work creates chaos in commuters’ life
The residents and commuters of Nanjappa Road in Shantinagar are facing lot of problem every time they pass through this stretch. To lay drain pipes, the road was dug four months ago but now the work has stopped and the road is filled with huge holes and the number of accidents on the road has [...] Continue Reading »

Bangalore-Mysore connectivity to get better

Bangalore-Mysore connectivity to get better
The State government is planning to improve the rail connectivity from Bangalore to Mysore region by focusing on a rail project that was surveyed during the regime of UPA-1. The Bangalore-Chamarajnagar rail line will be put on track and the chief minister is soon going to announce financial assistance for the project. The rail project [...] Continue Reading »

Joint development properties to become cheaper

Joint development properties to become cheaper
The revenue taxes for the commercial, excise and motor vehicles departments have been hiked by the government. An additional Rs 6, 850 crore is to create from this three departments and further a sum of Rs 900 crore is expected from the stamps and registration department, and the total revenue to be mobilized will touch [...] Continue Reading »



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