Bangalore
Raising capitals for investing in new projects is the major concern to real estate builders. Following conventional methods of fund raising is no more a good idea. Therefore fund managers have started looking for and implementing better ways of fund-raising techniques which would offer flexible terms to investors and a choice of projects to invest [...] Continue Reading »
According to a new report, realty sector of India, which has been floating in loss and debts of builders, over past few years, seems to have begun to rise from the bottom. Aashiesh Agarwal, real estate analyst at Edelweiss Securities, expressed his views on the progress of real estate, in the report released on Wednesday. [...] Continue Reading »
Bangalore witnessed water shortage for a whole day from noon to night recently as confirmed by the Bangalore Water Supply and Sewerage Board (BWSSB). A total of 18-20 hours of power shutdown was reviewed by the water board earlier and they had planned to switch on the pumps when the power system work completes. BWSSB [...] Continue Reading »
Real estate leasing by Information Technology (IT) and IT-enabled services (ITes) sector firms have shown a downturn in Mumbai and National Capital Region (NCR) during this year. According to data shown by DTZ, an international real estate research firm, Bangalore boosted by the share of IT/ITes in the total office space transaction surging from 55 [...] Continue Reading »
The outskirt areas of Bangalore are getting more robbery and burglary prone than before. Any resident staying in the outer limits of the city need to take extra measures for his safety as police is not able to keep a strict watch on the localities. Any such uneventful incidents were common in Vidyaranyapura in north [...] Continue Reading »
A land of about 33 guntas out of the total six acres 31 guntas was denotified recently by the Karnataka government which was acquired for the formation of the 8th phase layout at JP Nagar. However, the residents questioned the denotification and recently the State High Court took action by quashing the denotification. Earlier, a [...] Continue Reading »
Residents of HBR layout in Bangalore in few days are to see development of their locality. The layout is going to get better roads, drains and civic projects in the line of other developed areas. The demand for such projects is being going on for past ten years and finally Bangalore Development Authority (BDA) has [...] Continue Reading »
Residents of Cox Town, Bangalore have been affected by the use of contaminated water in their locality. From past two weeks residents have been complaining about getting contaminated water of brown colour and foul smell. The Cauvery water in the pipeline that the residents are receiving has mud deposits in them even after boiling it. [...] Continue Reading »
After the recent High Court’s order, BBMP has plans of amending the betterment charge to a reasonable one. The betterment charge was first used for those sites getting converted from agricultural purposes to non-agricultural purposes after approval from the deputy commissioner. The Taxation and Finance (T&F) of the civic body has decide to modify a [...] Continue Reading »
Real estate index has been on a rise in three main cities of Southern India- Hyderabad, Bangalore and Chennai. Around 45% of commercial office spaces and 56% of mall spaces will be contributed by these main cities of South India between 2012-16. Also, in the residential sector, the cities accounted for one-third of the country’s [...] Continue Reading »
