Bangalore
The Bruhat Bangalore Mahanagara Palike (BBMP) informed the High Court that it has constituted 182 ward committees out of 198 wards in the City. The HC ordered BBMP to display the names of the committee members on notice board and its website with the names, phone numbers (both landline and mobile) and addresses of all [...] Continue Reading »
‘Cynosure Vivacity’ is a residential township by Cynosure Homez comprises of 56 exclusive plots. The project is located on the main road connecting Kumbalgodu (on Mysore Road) and Thathaguni (on Kanakpura road). The project is approved by BMICAPA (Bangalore Mysore Infrastructure Corridor Area Planning Authority) with more than 45% space reserved for roads, civic amenities [...] Continue Reading »
The civic body is planning to select 50 wards in the city for the pilot project where corporators, MLAs, corporate houses, NGOs, technology providers, service providers and residents would take the lead in segregating waste and transporting it to local decentralized waste recycling and processing units and making them zero-garbage areas. The meeting proposed a venture [...] Continue Reading »
The rise in property values depends on many factors – connectivity and commercial infrastructure play a major role in pushing the demand and values. Cunningham road is a locality that lies in the heart of the Bangalore city. The locality enjoys high capital and rental values owing to the above factors. According to a real [...] Continue Reading »
New Delhi – Bangalore-based leading realtor, Sobha Developers has sold properties worth Rs 1,540 crore during the first nine months of this fiscal. Compared to the previous fiscal, the developer has achieved 24 percent hike in its sales value. The net debt of the developer stood at Rs 1,320.8 crore as on December 31, 2012, [...] Continue Reading »
Global investor Blackstone is all set for a probably maiden profit from the Indian real estate market, riding on luxurious apartment sale in Bangalore. Blackstone is to exit the joint venture with southern developer, Embassy Property Developments, building 467 residential units, collecting more than Rs 210 crore, said some sources. According to sources, in just [...] Continue Reading »
Thanisandra, a locality in north Bangalore, has witnessed a 15 percent hike in the property values during the October-December quarter 2012. The highest and the lowest price for the properties stood at Rs 4,228 per sq ft and Rs 3,992 per sq ft, respectively in this area. According to a property adviser, many good projects by reputed [...] Continue Reading »
Ulsoor, also known as Halasuru, is one of the oldest localities in Bangalore. Ulsoor has seen an increase in property prices in the October-December quarter 2012. The area has witnessed an increase of 4 percent in the average locality price during the October-December quarter. The proposed metro connectivity has been the major boost behind the [...] Continue Reading »
The North line of the Namma Metro between Sampige Road and Peenya will be taking more passengers, which comes in as a major relief for commuters, said Managing Director, Bangalore Metro Rail Corporation Ltd (BMRCL). According to the statistics from the Bangalore Metropolitan Transport Corporation (BMTC), there were five lakh footfalls every day on public [...] Continue Reading »
Bhartiya International, a fashion apparel exporter has made its entry in the real estate sector by launching a Rs 1,400 crore project in Bangalore. The company plans to fund the project through a mix of internal accruals and debt. The promoters of the Delhi-based company have a land of 125 acres in Bangalore near Hebbal [...] Continue Reading »
