Bangalore
2013 has just began and Bangalore has started to feel the upbeat as North and East Bangalore is expected to see much real estate activity. In North and East Bangalore, many office spaces are coming up, the areas have good infrastructure with lot of land available. A higher official from Jones Lang LaSalle said that in terms [...] Continue Reading »
The newly appointed civic official said that elaborate plans have been made to develop the three coastal districts of the State and Athradi-Bajpe four-laning is one among the ambitious projects for the year 2013-14. The Chairman of Coastal Development Authority said that a scheme named Jyotigrama Yojane, which is adopted from Gujarat to provide 24 [...] Continue Reading »
The cabinet permitted the Bangalore Metro Rail Corporation Ltd (BMRCL) to avail Rs. 1,378 crore for Phase-1 of the Metro Rail project from the Asian Development Bank (ADB). The cabinet also approved BMRCL to enter various agreements with the ADB and the state government. Namma Metro Phase I comprises of two corridors. The north-south corridor [...] Continue Reading »
For the first time in the country, the Karnataka government has launched an integrated mobile enabled service delivery system named ‘Sakala’. Residents can pay their electricity, water and mobile bills, and property tax via mobile phones. You can even pay traffic fines via mobile. After launching the service, Chief Minister said that this service will [...] Continue Reading »
Bruhat Bangalore Mahanagara Palike (BBMP) started eviction drive at Ejipura quarters near the National Games Village in Koramangala. The slum dwellers will be relocated temporarily at Iggalur in Anekal taluk till the time the construction is completed. The BBMP carried out the drive and demolished 32 shanties. Later, each of the displaced families was given [...] Continue Reading »
The Subramanyapura lake in Uttarahalli, which was left unnoticed for nearly five years, will now get a new life and the recovery work will be done by Bruhat Bangalore Mahanagara Palike (BBMP) in association with other civic agencies and government bodies. Higher official of BBMP visited that lake and found that the lake was illegally [...] Continue Reading »
Mahadevapura which is located near the commercial hubs Whitefield and Brookfield has witnessed 20 percent capital appreciation during the October-December’12 quarter. The properties are now available at between Rs 4,500 to Rs 5,000 per sq ft which was available at Rs 3,500-4,000 per sq ft, according to the real estate brokers of that area. The [...] Continue Reading »
The Bangalore based real estate developer, Prestige Group is planning to spread out their real estate business in 2013. A higher official of Prestige group believes that there are many areas in Bangalore which are fast approaching saturation because of infrastructural constraints. One can expect improvement and increased development in selected areas in Bangalore including townships in [...] Continue Reading »
According to the report by a real estate firm, the developers have become more rational in launching their projects because of the subdued demand in the real estate sector. Bangalore saw 16, 543 units launched in 2012, compared to 32,816 in 2011, which means Bangalore has witnessed 50 percent drop. The overall new launches across [...] Continue Reading »
The BBMP committee explained that different approaches will be adopted to handle various types of waste. The committee made it very clear that the residents will be punished if segregation is not done at source. BBMP will not collect waste which are not segregated. Apartments in Bangalore too will have to segregate waste at source. [...] Continue Reading »
