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Bangalore

Luxury market demand grows in Bangalore, Chennai

Luxury market demand grows in Bangalore, Chennai
Bangalore/Chennai- Luxury residential segment has been observing significant rise in demand in the top seven cities of India. Over 200 luxury residential projects were launched between 2008 and September 2012. Among all the cities, Bangalore alone holds 21 percent of share during the first three quarters of this year while Chennai holds 20 percent. Fast [...] Continue Reading »

Better appreciation expected from township flats

Better appreciation expected from township flats
The premium housing tradition with Bangalore is expected to obtain more appreciation with the introduction of involving all-under-one-roof walled city strategy. The majority of the basic amenities are given within the campus, cutting down the particular tours of denizens under this concept. The cost appreciation throughout integrated, walled townships is at least 30% a lot [...] Continue Reading »

It’s corporates’ turn to clean lakes in Bangalore

It’s corporates’ turn to clean lakes in Bangalore
Bangalore- Over 40 employees of Deloitte gathered on the banks of Ulsoor and Uttarahalli lakes in order to clean them up. Joining hands with the United Way Bengaluru’s ‘Wake the Lake’ campaign, the employees stepped forward to clean up the natural water bodies. The day was observed as the corporates’ annual Impact Day which is [...] Continue Reading »

BBMP to capture garbage pictures every morning

BBMP to capture garbage pictures every morning
Bangalore- Bruhat Bangalore Mahanagara Palike (BBMP) has directed all its 550 health inspectors and environment engineers to take pictures of uncleared garbage and upload them in the designated folder of BBMP website. For this purpose they have been provided with Android phones too. Only after the high court’s interference with BBMP regarding its inefficient management [...] Continue Reading »

Rising number of city-within-a-city projects in Bangalore

Rising number of city-within-a-city projects in Bangalore
Bangalore- The builders and developers of Bangalore have got indulged in developing integrated townships within the rousing metropolis. At one time in the past Bangalore was full of bungalows and later the city got lined up with high-rise apartments and complexes changing the order. And by the end of this decade the city is likely [...] Continue Reading »

Greener townships observe great demand in Bangalore

Greener townships observe great demand in Bangalore
Bangalore- Buyers promoting green living seems to have influenced the real estate market of Bangalore. Standard facilities like indoor/outdoor games, club houses, swimming pools, etc are no more luring prospective buyers. Consequently this trend has aimed towards increasing demand for townships in Bangalore with more greenery and open spaces. Manjunath, the MD of Soukyam, said [...] Continue Reading »

It’s the perfect time for designer-architects!

It’s the perfect time for designer-architects!
Bangalore- As an outcome of firm real estate market of Bangalore, the demand for skilled architects has been increasing, especially in the luxury and customised construction segment. People looking for new creations and innovative features in the upcoming projects and the growing competition between new projects in the real estate market, have inspired the builders [...] Continue Reading »

Commercial real estate sector remains stagnant

Commercial real estate sector remains stagnant
It is found that many developers in National Capital Region (NCR) and Mumbai have cut down property prices by around 15 percent, as demand and rent more or less remains the same. However, in a few parts of Mumbai, there was nearly 0. 8% improvement in rent, signifying some demand. Due to weak demand, a [...] Continue Reading »

Portman Holdings holds 26% stakes in Tata’s Promont

Portman Holdings holds 26% stakes in Tata’s Promont
Bangalore- Portman Holdings is all set to invest around 65 crore and 83 crore in Promont, a Bangalore project of Tata Housing which is the real estate arm of Tata Group. Portman has picked about 26 to 30 percent stake in the high-end residential project, whose equity valuation is 250 crore. The firm has investments [...] Continue Reading »

High Court directs to dump dry, wet waste separately

High Court directs to dump dry, wet waste separately
Bangalore- A new temporary landfill for dumping wet waste has been identified and approved by the Karnataka State Pollution Control Board (KSPCB). Being located in Chikkanagamangala village of Sarjapura hobli in the outskirts of Bangalore, the new landfill covers an area of around 94 acres, which will be the destination to dump 2,500-3,000 tonnes of [...] Continue Reading »



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