Bangalore
Bangalore- A renowned developer of Bangalore, Puravankara Group, is all set to launch a residential township in off Mysore Road, near the Bangalore-Mysore Infrastructure Corridor ring road junction. The township project, ‘Provident Sunworth’, spreading across 60 acres of land, has been planned to include a built up area of 6 million square feet. It will [...] Continue Reading »
Bangalore- Varthur located in East Bangalore, is becoming a hot residential real estate destination for buyers owing to its proximity to major IT hubs of the city. Proximity to ITPL, Whitefield, Outer Ring Road (ORR), Sarjapur Road and being in the vicinity of several IT companies have opened the area to residential development. The area [...] Continue Reading »
Bangalore- Patel Realty’s Neotown, a township project located in Electronic City Bangalore, is the first to be pre-certified by the Indian Green Building Council (IGBC). The IGBC pre-certification is awarded for buildings and townships at the design stage to facilitate the adoption of sustainable green design practices in India. The township developed by Patel Realty [...] Continue Reading »
Bangalore- Mandur residents are annoyed as the Bruhat Bengaluru Mahanagara Palike (BBMP) continues unsystematic dumping of mixed garbage at the landfill without providing them adequate health services and drinking water as promised earlier. Residents are exposed to health hazards as the garbage is being dumped unscientifically. Dangerous diseases like dengue, influenza and malaria have become [...] Continue Reading »
Belgaum- The government of Karnataka has been strictly accused by the Comptroller & Auditor General of India (CAG) for illegally denotifying land which was acquired by the Bangalore Development Authority (BDA). The report, Denotification of Land by Government and Allotment of Sites by BDA, containing all details regarding how the rules and court orders were jeered [...] Continue Reading »
Bangalore- The Bangalore Development Authority (BDA) issued notices to 12 property owners in Kengeri for installation of mobile towers on the terrace of their homes. The authority claims that renting out terrace portion to any telecom company for setting up their mobile towers is in violation of the rule that residential property cannot be used [...] Continue Reading »
Bangalore- Karnataka Chief Minister Jagadish Shettar has directed the Bangalore Development Authority (BDA) to allot sites to applicants only if infrastructure facilities have been created in the layouts. Half of the work on providing basic facilities has been done in the BDA’s newly formed layouts. The remaining work has been planned to be completed by [...] Continue Reading »
Bangalore- Good news to builders and developers whose projects have been kept on hold due to liquidity crisis. The finance ministry has planned to initiate a measure which is expected to improve the realty sector. Banks will be allowed to permit funds to stalled projects, which would revive the growth in economy. As per RBI‘s [...] Continue Reading »
Bangalore- Chandapura, located in South Bangalore, has been witnessing fast residential growth. An array of new residential projects are coming up, of which nearly 70 percent are currently under construction stage. Various options of properties are available at affordable rates in Chandapura though, multi-storey apartments and residential units are in the lead. Villas with all [...] Continue Reading »
Bangalore- Properties in Richmond Town, located in the heart of the city, have observed over 25 percent capital appreciation in the last two quarters. In the first quarter of 2012, the area had witnessed Rs 7,500 per sq ft approximately. By the third quarter of the prevailing calendar year, the rate increased to Rs 9,000 [...] Continue Reading »
