Bangalore
Bangalore- Mandur residents are annoyed as the Bruhat Bengaluru Mahanagara Palike (BBMP) continues unsystematic dumping of mixed garbage at the landfill without providing them adequate health services and drinking water as promised earlier. Residents are exposed to health hazards as the garbage is being dumped unscientifically. Dangerous diseases like dengue, influenza and malaria have become [...] Continue Reading »
Bangalore- The Bangalore Development Authority (BDA) issued notices to 12 property owners in Kengeri for installation of mobile towers on the terrace of their homes. The authority claims that renting out terrace portion to any telecom company for setting up their mobile towers is in violation of the rule that residential property cannot be used [...] Continue Reading »
A report by PricewaterhouseCoopers and Urban Land Institute stated that cities like Mumbai, Bangalore and Delhi have seen less desire by international bodies in real estate sector for investment purpose. In 2012, Mumbai, Bangalore and Delhi were in 10th, 15th and 12th rank in the report Emerging Trends in Real Estate Asia Pacific which has [...] Continue Reading »
The residential market demand is increasing in India because of the availability of good educational facilities. The heavy student population is definitely going to increase the demand for residential spaces as educational institutions lend value to a location. Pune is known as the knowledge hub as it provides quality educational institutions. Many other educational institutions [...] Continue Reading »
Bangalore- Good news to builders and developers whose projects have been kept on hold due to liquidity crisis. The finance ministry has planned to initiate a measure which is expected to improve the realty sector. Banks will be allowed to permit funds to stalled projects, which would revive the growth in economy. As per RBI‘s [...] Continue Reading »
Bangalore- Chandapura, located in South Bangalore, has been witnessing fast residential growth. An array of new residential projects are coming up, of which nearly 70 percent are currently under construction stage. Various options of properties are available at affordable rates in Chandapura though, multi-storey apartments and residential units are in the lead. Villas with all [...] Continue Reading »
Ahmedabad- Amplus Realty Fund has announced its first investment of Rs 30 crore in a residential project by Assetz Homes in Bangalore. In the next three years, it expects to get 25 percent returns on this investment. The joint venture aims at developing a mid and high-end residential project in Rajajinagar, Bangalore by 2015. Amplus [...] Continue Reading »
Bangalore- Properties in Richmond Town, located in the heart of the city, have observed over 25 percent capital appreciation in the last two quarters. In the first quarter of 2012, the area had witnessed Rs 7,500 per sq ft approximately. By the third quarter of the prevailing calendar year, the rate increased to Rs 9,000 [...] Continue Reading »
Bangalore- Owing to depleting water level in the Tippagondanahalli Reservoir (TGR), the Bangalore Water Supply and Sewerage Board (BWSSB) has discontinued water supply to the city from the reservoir from past three weeks. Lack of rainfall has led to low water level following which came the decision of stopping water supply. Recently, the water level [...] Continue Reading »
Bangalore- Violating the norms of the Karnataka Industrial Areas Development Board (KIADB), large and medium industries minister Murugesh Nirani, has allotted a prime industrial plot in Peenya to S Nagarathna, wife of environment minister Sogadu Shivanna, alleged an RTI activist. Dinesh Kallahalli, the RTI activist, blaming Nirani, Shivanna and KIADB general manager Ashok R Manami [...] Continue Reading »
