Bangalore Real Estate
Bhartiya International, a fashion apparel exporter has made its entry in the real estate sector by launching a Rs 1,400 crore project in Bangalore. The company plans to fund the project through a mix of internal accruals and debt. The promoters of the Delhi-based company have a land of 125 acres in Bangalore near Hebbal [...] Continue Reading »
Godrej Properties Ltd the real estate arm of Godrej group posted a 24% rise in net profit to Rs. 35.4 crore in the December quarter from a year ago.the real estate firm is riding on the success of new project launches. In 2012 the profit increased by 78 percent in revenue to Rs.266.4 crore. Godrej [...] Continue Reading »
Areas which are closed to IT offices and economic zones are witnessing an increase in rental values. But the hike in rental value in Indiranagar is noticeable. There was an increase of 11 percent in rental value last year. Indiranagar is no more a residential area as several commercial establishments have emerged in this locality [...] Continue Reading »
Alpine Housing launches its new project Alpine Pyramid, which is located off Bellary road, at Sahakarnagar. The project has been completed and will be ready to occupy soon. Alpine Pyramid is close to the Devanahalli New International Airport with several hospitals, educational institutions and supermarkets in its proximity. The project comprises of 2 and 3 [...] Continue Reading »
Max Meridian is an upcoming residential project of Maxworth Realty India in Yelahanka, neighborhood of Bangalore. The project comprises of 1, 2 and 3 BHK apartments. The bank approvals for this project are still under process. Max Meridian offers amenities like maze garden, club house, swimming pool, gym, jogging tracks, children play area, multipurpose hall, round [...] Continue Reading »
Karnataka government may offer incentives for projects outside Bangalore (Tier II and Tier III cities) in order to take the pressure off Bangalore, which is considered the most preferred location for investment purposes. With an intend to promote healthy and balanced regional development of the state, Karnataka government aims to offer incentives for investors putting up industrial [...] Continue Reading »
The residents of ‘O’ block in IBC Platinum City apartments claimed that they are not provided any facilities which were promised by the builders at the time of buying flats in Bangalore. The apartment is situated on HMT Link Road off Tumkur Road which has 616 flats with commercial complexes and a huge swimming pool. [...] Continue Reading »
According to a report by Karun Varma, managing director, Bangalore & Kochi, Jones Lang LaSalle India, stated that residential real estate in North Bangalore is going to boom in 2013. North and East Bangalore is close to international airport, the increasing number of IT projects will bring sharp focus in this area. Projects which are [...] Continue Reading »
Bangalore- Numerous real estate residential projects in Bangalore have been launched in the present year, of which most of them were launched in the northern periphery of Bangalore. Proximity to Bangalore International Airport and planned infrastructure development have largely contributed to the vast real estate growth in North Bangalore. Several leading players of Bangalore real [...] Continue Reading »
Bangalore- Although real estate in India is witnessing sky high rising property rates, Bangalore real estate still remains affordable to buyers. According to a study by a real estate research firm on affordable locations, buyers in Bangalore who belong to middle-class, can also find good properties in emerging locations within the city and at a [...] Continue Reading »
