Bangalore
In north Bangalore, interest in real estate peaked with the setting up of the international airport in 2008. The as yet mainly unfamiliar region boasted sizeable tracts of land at considerably lower prices, which helped in the growth of commercial space in this region. Connectivity by the Outer Ring Road (ORR), the Hebbal flyover and [...] Continue Reading »
Nandi Economic Corridor Enterprise (NECE): The management of publicly-held BF Utilities during its AGM on Monday took into view the suggestions of its shareholders and said that it will appoint merchant bankers and consultants to look into the various options to restructure a subsidiary. It will consider various options to enhance shareholder value by restructuring [...] Continue Reading »
The concerned property is owned by Umbel Properties Pvt. Ltd. And managed by the Hilton consists of 247 studios and one and two bedroom suites along with four dining venues – global cuisine restaurant ‘Ministry of Food’, pool side al-fresco bar and grill ‘The Salt Grill’, lobby bar ‘KLINX’ and coffee lounge. The hotel also [...] Continue Reading »
The HC of Karnataka guided the Bruhat Bangalore Mahanagara Palike to file a report on the steps taken to clear the huge backlog. While the hearing of petition by Malleswaram Residents’ Welfare Association on rampant violation of building byelaws in the City, a bench of D H Waghela and Justice B V Nagarathna directed the Palike to take proper steps [...] Continue Reading »
The Real estate developers of Kerala, Chennai, Coimbatore, Bangalore, Delhi, Mumbai, Pune, Ahmadabad, Bhubhaneshwar, Trichy and Hyderabad have been invited to display their residential projects in the 8th Annual India Property Show which in US. The fest is going to display a vast range of both the residential and commercial projects during the period of [...] Continue Reading »
The India Realty Excellence Fund II LLP has raised this fund for deployment in its Ambernath project spread across 2.5 million square feet in Mumbai’s central. As per the person related to the development, this deal was closed in beginning of January. Motilal Oswal Real Estate fund, which is the real estate wing of Motilal [...] Continue Reading »
A fall of 41 per cent of Net Profit in the quarter ended December 2013,has been registered of top 25 real estate companies, in comparison to peak period of quarter ended March 2012.As per the report by global realty consultancy Knight Frank the net profit margin have fallen from 13.6 per cent to 9.7 per [...] Continue Reading »
The Fortis Healthcare plans to open high end medical facilities in Bangalore in the next 2 years. A company official says that these 2 hospitals have capacity of 280 beds. An official says that the Fortis La Femme which is the first hospital at Richmond Road will be developed for Childs and mothers. The 210 [...] Continue Reading »
Mr. Francois Richier, French ambassador to India, says that the French Government is ready to invest in Indian market. He also added that French companies are among the biggest investors in India and there are 350 French companies with nearly $19 billion worth ready to invest in India. He further says that the French companies [...] Continue Reading »
A global real estate consultant says that the Office space requirement is likely to increase by 7 percent during this year to 29 million sq ft in India’s 7 major cities as corporates are looking at expanding their business. The demand of office space was 27 million sq ft last year in the seven cities [...] Continue Reading »
