Bangalore
Frazer Town in Bangalore has witnessed 14 per cent realty growth in the last quarter. The rental values are a healthy Rs 17-18 per sq ft, which is even higher than localities such as CMH Road and Domlur which have rental values of Rs 13-14 per sq ft. Frazer Town witnesses a growing demand for [...] Continue Reading »
Poor garbage clearance has made lives hard for residents in few areas in Bangalore. The garbage lying uncleared on the road have left little space for commuters in roads like Shobha Tent Main Road. Since the garbage clearance is poor, mounds have been lying uncleared for days. The residents have complained that although the pourakarmikas [...] Continue Reading »
Confederation of Real Estate Developers’ Associations of India (CREDAI) and the Royal Institution of Chartered Surveyors (RICS) have come together to offer courses in real estate. They have announced a joint initiative to address the learning needs of professionals in real estate and construction sectors. RICS is a global professional body which builds environment that [...] Continue Reading »
The government has decided to take up a strong stance against the spreading dengue fever in Bangalore. After three students of Sophia High School died of dengue, the government seems to address the increasing number of dengue cases in the city. The health and family welfare department directed the BBMP to impose Rs 5-lakh fine [...] Continue Reading »
The Karnataka High Court lashed out at the Bruhat Bangalore Mahanagara Palike (BBMP) upon hearing two public interest litigations. The High Court criticised BBMP for the piling up of garbage in the city and directed the civic agency to file a status report on garbage segregation on November 6, 2012. The court expressed displeasure over [...] Continue Reading »
Mysore has seen a remarkable growth in the industrial property market in the last few months. The Karnataka Industrial Area Development Board (KIADB) is to acquire land to develop industrial layouts in the north-west parts of Mysore as the demand for industrial property has increased. There have been a decrease in the number of transactions [...] Continue Reading »
After Bangalore, it seems Mumbai’s turn to face concerns over Dengue fever. The extended fluctuating weather along with intermittent rains has led to a rise in dengue cases. With the monsoon withdrawing now, there are chances of water accumulating in open spaces providing mosquitoes a perfect breeding ground, which is causing a rise in dengue [...] Continue Reading »
Residents of the Economically Weaker Sections (EWS) Quarters in Ejipura have staged a dharna opposing their eviction by the Bruhat Bangalore Mahanagara Palike (BBMP). BBMP have started the eviction to facilitate the joint development of the land with a private partner. As per the agreement, 1,512 flats for EWS will be constructed on one half [...] Continue Reading »
Pune and Bangalore are being the front runners in the real estate sector amidst an otherwise gloomy atmosphere on the realty front. The two cities have witnessed significant number of launches, boosted by quicker approvals and consistent demand from home buyers. Intriguingly, markets in Pune and Bangalore are different from one another. The cities have [...] Continue Reading »
The Bruhat Bangalore Mahanagar Palike (BBMP) plans to bring in developers to help them out to segregate waste. It has already conveyed their wish to Confederation of Real Estate Developers Association of India (CREDAI) – Bangalore. BBMP sources say that the waste management plan is an ambitious one and they want to educate developers in [...] Continue Reading »
