Bangalore
Prestige Group has launched its new project Prestige Summer Fields in Bangalore. The project is composed of independent villas. Prestige Summer Fields located at Sarjapura Road. The project is spread over 12 acres of lush green land. 91 twin houses and independent villas will be constructed under the project. The project will provide ample carpet [...] Continue Reading »
Prestige construction is a well-known brand name in the market of real estate in India. So far the builder has constructed over 161 projects covering more than 45.82 million sq ft area. The group has constructed real estate properties in all segments residential, commercial, retail, hospitality. The company has been awarded with ‘Crisil DA1′ rating [...] Continue Reading »
Nandi Infrastructure Corridor Enterprise Limited has raised a private equity fund for the Bangalore-Mysore expressway.The total estimated cost of construction of the highway is Rs 4000 crore. The Bangalore-Mysore Expressway project which has been in the making for nearly 16 years, raised $100 million from a private equity fund owned by J P Morgan for [...] Continue Reading »
An illegally constructed multi-storey commercial complex on the government’s land has been demolished by the district authorities in Mysore. The structure was lying vacant for the past two years. Once the government has identified the land as government property, they started demolishing the structure. Srinivas, a resident of Kumbarkoppal, approached High Court and then to [...] Continue Reading »
Highrise apartments are attracting more and more home buyers as Kanakapura, has a great connectivity to Electronics City, Hosur and Sarjapur. Apart from these, the place also have a close proximity to Jayanagar and JP Nagar. Having Whitefield on one side and Magadi Road, Mysore Road and Tumkur Road on the other, Kanakapura is coming [...] Continue Reading »
It is recorded that in several areas in urban and rural Bangalore, residential sites have been formed and sold by creating fake documents. So, the inspector general of stamps and registration has directed all sub registrars, especially those in Bangalore, not to register any property that does not have valid conversion certificates. The authority has [...] Continue Reading »
The real estate market in southern India has been growing rapidly. A global real estate research firm has reported that the growth of the real estate in India has witnessed the sharp rising due to multiple factors. The south Indian real estate market has done well in meeting the demand for office spaces and affordable [...] Continue Reading »
Kundanhalli Lake is surrounded by multi-storied buildings and apartments in Bangalore. The Lake bund is completely covered by the concrete jungle. According to the Supreme Court’s direction, it is illegal to construct any property within 30 meters from any lake bund. This rule is being violated by the builders and developers in Bangalore as many [...] Continue Reading »
Though the Bruhat Bangalore Mahanagara Palike (BBMP) claims that they are prepared for the rainy season, the civic life of the city is always troubled during the monsoon. Every time it rains, the low-lying areas are flooded. The experts of civic issues have said that this happens as most of the primary and secondary storm-water [...] Continue Reading »
In a recent land audit, it is calculated that Karnataka Housing Board owns unaccounted property worth over Rs 1,000 crore. In the audit it is also pointed out that those 18,000 properties in Bangalore are not registered in the asset register of KHB. The government has planned to distribute the newly identified assets to the [...] Continue Reading »
