Bangalore
Bangalore – The proposed high-speed rail link to the Bangalore International Airport from the MG Road has been put to pause for long. The project, proposed in 2007, was estimated to include a budget of Rs 4,000 crore. The high-speed rail connectivity from the airport to MG Road was considered to be the only alternative [...] Continue Reading »
Bangalore- Electronic City, the largest industrial technology hub of Bangalore, has been witnessing boom in the residential real estate sector. The huge workforce of IT companies and various small scale and large scale industries in the surroundings has driven Electronic City towards the vast development of residential and commercial segments. In the past few years, [...] Continue Reading »
Bangalore- Godrej Properties, the real estate development arm of the Godrej Group, has launched the second phase of Godrej E-City in Electronic City. Godrej Properties has joined hands with Universal Builders to develop the project. The project has been planned to launched in three phases. E-City 2nd phase has been planned to have two blocks [...] Continue Reading »
Bangalore – The Bangalore Development Authority (BDA) has allotted ‘G’ category sites to 22 people, of which most of them are politicians, which is in violation with the Karnataka high court’s order. ‘G’ category sites are BDA sites that are allotted under the chief minister’s discretionary quota. As per the court order passed on Dec [...] Continue Reading »
Bangalore- Former CEO of South Asian Real Estate Group (SARE Group), Arvind Pahwa, has taken position as the executive director at Indiareit Fund Advisors Pvt. Ltd. At an interview, Pahwa disclosed that he will be a part of Indiareit’s business and willo be monitoring existing investments. Ramesh Jogani , Indiareit’s chief executive and managing director, [...] Continue Reading »
Bangalore- Most of the properties owned by the Bruhat Bengaluru Mahanagara Palike (BBMP) are either leased out at a much lesser rate than the actual market rate or have been used in violation of norms. An inspection of such properties was carried out by Bangalore Mayor D Venkatesh Murthy during which he found out that [...] Continue Reading »
Bangalore- Whitefield and outer ring road, particularly the stretch of K R Puram-Marathahalli- Sarjapur Road, are emerging as the top commercial real estate destinations of the city, reports Jones Lang LaSalle India. The Central Business District (CBD), Koramangala and Bannerghatta Road mostly remained stable throughout 2012. Owing to fast developing IT corridors of Bangalore, adequate [...] Continue Reading »
Bangalore- The Karnataka High Court has asked the Bruhat Bengaluru Mahanagara Palike (BBMP) to remember the sanction plans, trade licenses and change of use of land, that were issued after the January 25 interim order of the court. The court had ordered not to permit any reconstruction or redevelopment in areas classified as residential areas [...] Continue Reading »
Bangalore- A renowned developer of Bangalore, Puravankara Group, is all set to launch a residential township in off Mysore Road, near the Bangalore-Mysore Infrastructure Corridor ring road junction. The township project, ‘Provident Sunworth’, spreading across 60 acres of land, has been planned to include a built up area of 6 million square feet. It will [...] Continue Reading »
Bangalore- Patel Realty’s Neotown, a township project located in Electronic City Bangalore, is the first to be pre-certified by the Indian Green Building Council (IGBC). The IGBC pre-certification is awarded for buildings and townships at the design stage to facilitate the adoption of sustainable green design practices in India. The township developed by Patel Realty [...] Continue Reading »
