Bangalore
The trend has been that compared to other metros, the overall demand for 1BHK apartments in Bangalore are much lower. However, the recent trend shows that 1BHK apartments have gained importance in localities of North Bangalore, closer to the Devanahalli Airport. North Bangalore is growing primarily on account of proximity to the International Airport in [...] Continue Reading »
As the Bruhat Bangalore Mahanagara Palike (BBMP) staff’s “indefinite strike” against the Bangalore Metropolitan Task Force (BMTF) entered the second day, the civil administration is compelled to stare at chaos. Most of BBMP officials participated in the demonstration, as the civic body decided to boycott work until the criminal cases booked against its engineers by [...] Continue Reading »
Civic administration in Bangalore came to a halt on Wednesday as 12,000 employees of the Bruhat Bangalore Mahanagara Palike (BBMP) stopped their work. The employees were protesting against the alleged interference of the Bangalore Metropolitan Task Force (BMTF) in BBMP’s work. With the employees’ union threatening to continue with the protest a bunch of civic [...] Continue Reading »
Sobha Developers’ most valued land parcel in the heart of the Bangalore city has finally got a blue print. The Bangalore-based developer’s 2-acre marquee property, located on the Church Street- St Mark’s Road junction has been revealed to be developed into office cum shopping mall. As per declaration, Sobha is developing the property and has [...] Continue Reading »
Bangalore developers are performing much better than their counterparts in the rest of India in terms of sales and aggressive project launches. As per the books, Shobha Developers and other leading realtors are in better position than their counterparts in other metros. Although Bangalore-based real estate firm Brigade Enterprises Ltd’ s numbers contrast with Shobha’ [...] Continue Reading »
Sobha Developers Ltd posted a 73 per cent rise in net profit to Rs.45 crore for the June quarter. It sold 25 per cent more space at sharply higher prices in its key market Bangalore. Revenue rose 57 per cent over a year ago to Rs.433.2 crore. The realty firm sold 835,600 sq ft. of [...] Continue Reading »
The 2,750 acres of land in Bangalore North was acquired by Bangalore Development Authority to form Arkavathy Layout about nine years ago. Despite the fact that allotment of the site is yet to be completed, high-end villas, villaments and row houses have come up all around Arkavathy. The private developers have been showing interest to [...] Continue Reading »
Healthcare solutions provider e-Kshema has set up 18 affordable health kiosks in Bangalore. On the backdrop of rising dengue and malaria cases, it comes as a reprieve to the population belonging to low income section. These kiosks are set to provide medical check-ups including tests for just Rs.120. The facilities include general check-up of body [...] Continue Reading »
The Bruhat Bengaluru Mahanagara Palike (BBMP) Council has passed a resolution to include Electronics City under its fold for administrative purposes. As per resolution, villages in and around Electronics City will be merged under the BBMP’s jurisdiction. At present the electronic city has a total built up area of over 3 crore sq. feet. Though [...] Continue Reading »
At a time when real estate sector is riding on a low tide, developers Prestige Estates have been able to register a rise in their profit. Prestige Estates’ net profit has risen 35.4 per cent to Rs 49.3 crore in the April to June quarter. Turnover stood at Rs 246.4 crore, down by 6 per [...] Continue Reading »
