Bangalore
As there has been a depreciation in the value of rupee, Non-resident Indians (NRIs) in the UAE are now interested buying properties in India. Prior to the three-day Indian Property Show in Dubai, pre-launch bookings have been done by NRIs which has risen to 80 per cent in recent months. The NRIs who have been [...] Continue Reading »
Few years back, the home loan which was provided under teaser loan scheme by a housing finance company (HFC), is not the same anymore when repaying it back. The prepayment charges amounted to Rs 2 lakh for a person who had availed a Rs 1 crore loan under that special rate scheme. As per a [...] Continue Reading »
In the general body meeting, the capital value based property tax system has been cleared which was passed in the statutory standing committee. The proposal was brought for discussion under the ‘Urgent Business’ proposals and was cleared even though it was not on the agenda. Congress members staged a walkout due to the speedy passing [...] Continue Reading »
Edelweiss Housing, a branch of financial service provider Edelweiss Group, aims at taking its total loan-book size to Rs 6,000 crore by 2015, a top company official said. The firm has a loan book size of 900 crore and has set up its housing finance in 2010. Anil Kothuri, Edelweiss Housing Finance Executive Vice-President, told that the company started [...] Continue Reading »
The Bruhat Bengaluru Mahanagara Palike (BBMP) has violated the Karnataka High Court’s order by granting permission to construct nine commercial complexes in Malleswaram. An interim order passed in January, HC said, it will not be giving permission to reconstruct or redevelop residential areas near private homes in areas like Jayanagar, Malleswaram, Richmond Town and Vasanthnagar. [...] Continue Reading »
As against other metro cties, Bangalore still offers good options in real estate sector for property buyers. The real estate sector in Bangalore has now become an end-user market rather than age old investor- led buying. As per reports, average ongoing rates of premium properties in Bangalore is about Rs 4,000 to Rs 5,000 per [...] Continue Reading »
G.R.C Group or G R Constructions And Developers has been developing some of the quality projects in Bangalore quiet a while. They are in the market from past ten years and have grown to be one of the brand names along with the biggies in the sector. Their main aim is to emphasize on quality, [...] Continue Reading »
A new residential project called GR Sagar Nivas is coming up near to the IT park in Sarjapur Road. The project is being developed by G R Constructions And Developers and guarantees to provide elegance and comfort for the residents. The developers also promise of a quality that you have been looking for in your [...] Continue Reading »
The Bruhat Bangalore Mahanagara Palike (BBMP) budget for 2012-13 will be presented only after Hindu Lunar month of ‘Ashada’ considered ‘inauspicious’. The BJP, which is the Ruling Party in the BBMP Council, has promised a realistic budget. Mayor D. Venkatesh Murthy and chairperson of the Standing Committee for Taxation and Finance K.A. Muneendra Kumar had [...] Continue Reading »
Magadi Road residents have been living in hell as the drinking water they are getting has a stinking smell and due to that they have to borrow water from neighboring localities. The residents had recently blocked the roads and protested against the political party which serves their area. They alleged that the neighbourhood areas get clean water [...] Continue Reading »
