Realty News
Interior & Exterior “A better way to Lifestyle” is sure to attract furniture lovers from all over the city to view Interior & Exterior Show 2011. Interior & Exterior Show 2011 is being conducted from Friday 10th to Monday 13th June 2011 at Tripura Vasini, Palace Grounds Bangalore at 10:00 AM – 8:00 PM The [...] Continue Reading »
BBMP razes compound wall of gated community L&T South City Bangalore. The demolition to restore connectivity was being done as recommended by the Lokayukta. But the BBMP joint commissioner refused to show any supporting documents. BBMP Bangalore bulldozed its way around South City complex, a gated community off Bannerghatta main road, stripping it of its [...] Continue Reading »
Following the BBMP Bangalore demolition drive at Mantri Mall on Sampige Road Bangalore Chapter of CREDAI, had alleged the Corporators were extorting money from the developers. While the commissioner claims that they were ‘Duty bound’ to conduct the demolition, the opposition leader alleges that it was a smooth strategy adopted by the Congress to get [...] Continue Reading »
The fund-hit BBMP has been over-generous in granting TDR certificates for portions of land it takes from residents for public projects, mainly road-widening. But there isn’t much clarity on the rules governing them. As on May 30, 2011, Bangalore property ownersh as surrendered 38.24 lakh sq feet area land to BBMP Bangalore and the corporation [...] Continue Reading »
Bangalore service apartments offer a wide range of services and amenities which hotels cannot provide like kitchenettes, internet, cable and Wi-Fi connections, hairdryer, coffee or tea making machines and more. While most of these amenities are included in your basic rental price, there are other additional payments that you’ll needs to make. Some Bangalore service [...] Continue Reading »
Mumbai Tenants’ associations say that if the government wants to increase the supply, it should do so by levying a ‘vacancy tax‘ on vacant and unsold flats in Greater Mumbai. The associations’ call follows a recent proposal mooted by the Centre-draft Model Residential Tenancy Act 2011-to do away with antiquated rent control legislation and bring [...] Continue Reading »
Bangalore Outer Ring Road is a thriving realty market for developers and investors. The demand for office space along this stretch has remained high owing to the proximity to residential catchments and availability of quality office real estate products. Proximity to the city, IT hubs on the ORR such as Whitefield and Electronic City and [...] Continue Reading »
With Wednesday’s Sampige Road widening saga, residents across the city need to be prepared for overnight demolition drives. BBMP Bangalore wants the private property of residents to expand roads. But it doesn’t have the money to compensate those losing parts of their precious homes. Hence it’s forcing TDR (Transferable Development Rights) for which the market [...] Continue Reading »
In a market, which is lacking the spur, leisure homes are just another way to lure the buyer. Shakti Nath a real estate developer, knows these are difficult times — construction costs are rising, home loans are becoming expensive and the demandsupply gap is widening due to a supply glut. His bait for the buyer [...] Continue Reading »
After high court verdicts on cancelling the land acquistion in noida extension, other villagers to take to the courts to demand their land back. The government in Uttar Pradesh has acquired thousands of acres of land along the Yamuna River to build housing blocks, highways, airport and even a Formula 1 track. Investors in Noida [...] Continue Reading »
