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Bangalore

Funds crunch to delay home deliveries

Funds crunch to delay home deliveries
According to research firm Liases Foras, the construction of nearly half of the 3,23,000 homes scheduled to be delivered in 2013 are lagging behind. At least a third of these will not be ready even before 2014. A survey by the company has revealed that three of every four homes to be delivered in 2014 [...] Continue Reading »

Slowdown of garbage trucks heaps up backlog

Slowdown of garbage trucks heaps up backlog
Bangalore- As the movement of garbage-laden trucks to various landfills had slowed down in Bangalore on Monday, collection of waste was interrupted. Around 360 trucks had lifted 3,800 tonnes of garbage in the city on Sunday, but most of them failed to reach the landfills till Monday afternoon due to issues like narrow roads, a [...] Continue Reading »

Bangalore office space to witness 50 percent growth by 2016: Report

Bangalore office space to witness 50 percent growth by 2016: Report
Bangalore- Bangalore’s office market which has witnessed an annual growth rate of 12% in the past four years, is expected to touch 100 million square feet by 2016, revealed a report by Jones Lang LaSalle. That is a doubling of the stock in just seven years from 2009, and a 50% expansion to the current [...] Continue Reading »

Directors of 22 units operating in prohibited zone to appear in HC

Directors of 22 units operating in prohibited zone to appear in HC
Despite closure order issued by the Karnataka State Pollution Control Board (KSPCB) prohibiting operations in areas around Tippagondanahalli (T.G. Halli) reservoir, 22 companies continued to operate in the catchment areas. A suo motu case was initiated by the Karnataka high court on the units which continued to operate. A Division Bench comprising Chief Justice Vikramjit [...] Continue Reading »

Investing in houses in metros gone out of reach for some

Investing in houses in metros gone out of reach for some
If you are planning to buy a house in metro cities then you have to wait for years to manage the downpayment but relatively in cities like Hyderabad and Pune the price of flats or rental values are affordable. In comparison, Bangalore is the third most affordable city to rent and fourth affordable city to [...] Continue Reading »

South Indian realty observes stable demand

South Indian realty observes stable demand
The Associated Chambers of Commerce and Industry of India (Assocham) has reported that real estate demand has remained moderate. Even the festive season’s special offers failed to bring in husky demand for properties. The survey was carried out in major cities like Delhi-NCR, Mumbai, Bangalore, Chennai, Kolkata, Ahmedabad, Hyderabad, Pune, Chandigarh and Dehradun and gathered [...] Continue Reading »

Think before you honk this Monday!

Think before you honk this Monday!
Karnataka State Pollution Control Board, (KSPCB) along with Bangalore traffic police and resident welfare associations have taken the initiative to lower down noise pollution on the city roads. For this, a message ‘No Horn Monday’ has been circulated against the sound polluters. Vaman Acharya, KSPCB chairman is planning to carry out the project in other areas of [...] Continue Reading »

House of Hiranandani to flourish in NCR

House of Hiranandani to flourish in NCR
Surendra Hiranandani, who majorly promoted the House of Hiranandani is now planning to venture into NCR  to flourish its residential projects apart from just planning to expand its footprints in cities like Hyderabad and Pune. The House of Hiranandani has already set its footprint in cities like Chennai and Bangalore  and is further planning to [...] Continue Reading »

Rental values rise in East Bangalore locality

Rental values rise in East Bangalore locality
East Bangalore locality Kaggadasapura have seen rise in rental values in the last one year. The rise in rental values in Kaggadasapura have eclipsed the increase in capital values. While capital values shot up by 10-15 per cent in the area, the rental values witnessed an escalation of 15-20 per cent during past year. The [...] Continue Reading »

Karnataka state govt rapped by HC over garbage issue

Karnataka state govt rapped by HC over garbage issue
The Karnataka government was rapped by the Karnataka high court for lack of initiatives taken up to tackle the mounting garbage problem. The high court has asked the government to identify five more landfill sites in five directions around Bangalore within two weeks for temporary disposal of garbage as there is no notifications of any [...] Continue Reading »



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