Bangalore
The Urban Property Ownership Records (UPOR) project is stabilising in the four cities of Mysore, Shimoga, Hubli-Dharwad and Mangalore. The plan is to electronically link the offices of the sub-registrars, corporations and municipalities, courts, and the Department of Survey, Settlement and Land Records (SSLR). Once the project is over, detailed record of the properties can [...] Continue Reading »
Justice and Acting Chief Justice of High Court of Karnataka said that lack of logic in land laws is encouraging land mafia, mainly in urban areas. The existing Land Acquisition Act is the biggest enemy of the common man which has only encouraged land mafia through legislation. High Court Justice said that laws related to [...] Continue Reading »
2012 was a challenging year for both the home buyers and developers. Certain issues which the real estate market has witnessed in 2012 may continue this year because Delhi-NCR and Mumbai Metropolitan Region are struggling with less property sales due to unaffordable property prices. He added that the new rules for classification of restructured loans have led [...] Continue Reading »
In the past few months, Begur Road in Bangalore has witnessed a substantial growth in the real estate prices. The area is fast growing to be a hot property destination for the IT crowd. The average price recorded in the area was Rs 2,942 per sq ft, an impressive increase of 21 percent since the [...] Continue Reading »
Bruhat Bengaluru Mahanagara Palike (BBMP) has cancelled partial occupancy certificates for few blocks in IBC Knowledge Park on Bannerghatta Road. According to BBMP’s notice which was issued in December last week, Block C and Block D of the Knowledge Park did not comply with the building guidelines by IBC group developer. The partial occupancy certificate [...] Continue Reading »
Bangalore- The Bangalore Development Authority (BDA) is soon planning to build towers on important entry points within the authority limits on the boundary of the city. Founder of Bangalore city, Kempegowda had constructed four such towers which marks the boundary of the city. If everything goes according to the plan, people entering Bangalore city will be welcomed by splendid [...] Continue Reading »
Bangalore- The Cabinet has approved acquisition of land identified by BBMP to set up solid waste processing units in Bangalore. The Bruhat Bangalore Mahanagara Palike (BBMP) had put forth a proposal of purchasing 476 acres of land in Arudi village near Doddaballapur, and 600 acres in Togarighatta in Tumkur district. The responsibility of buying the [...] Continue Reading »
Bangalore- Recently Equinox Realty launched their exclusive residential villas in their signature project “Waters Edge” situated on outer ring road at Hebbal, Bangalore. The entire project is spread across approximately 8 acres with five 40 storeyed towers which are among the tallest buildings in Bangalore. This residential unit is well connected to all the key residential [...] Continue Reading »
BBMP, BDA, BESCOM, BMTC and BMRCL are planning to make Bangalore city a better place to live in. Anjum Parwez, managing director (BMTC), says that they are planning to chuck out around 755 old buses and replace them with BS-IV norm buses. They will also add more 500 BS-IV buses for new routes so that [...] Continue Reading »
Basavanagar is one of the fast developing areas of Vignana Nagar ward in Bangalore. Basavanagar has become one of the wanted locality for people looking houses to rent. A number of builders have launched housing projects in the locality. The real estate in Basavanagar is increasing as it is close to Hindustan Aeronautics Limited and other [...] Continue Reading »
