Bangalore
As real estate in Bangalore soaring to new heights, developers are being accused of unfair practices by flat owners’ associations in various situations. Complaints range from corpus fund being siphoned off to being denied free access to common facilities like swimming pool or gym as have been promised to the buyers prior to completion. Many [...] Continue Reading »
As a the ongoing scuffle between the BBMP and the BMTF (Bangalore Metropolitan Task Force) goes on, in the recent development the Palike Engineering department has decided to issue notices to property owners for building plan violations. Complaints filed with the BMTF by citizens contained allegations of complicity between engineers and property owners. This has [...] Continue Reading »
Bruhat Bangalore Mahanagara Palike (BBMP) has decided to set up a biogas plant in Bangalore. The civic body has roped in Pune-based Mailhem Engineers to build a biogas plant. The plant designs to convert tonnes of waste generated at Krishna Rajendra Market to power. Mailhem Engineers, which generates biogas using high-rate biomethanation technique, will convert [...] Continue Reading »
Century Real Estate has announced their foray into plotted development. Their first plot development project ‘Century Eden‘ is announced. The announced project is located on Yelahanka-Doddaballapur road and enjoys strategic location as it is close to the Bangalore International airport. The project spreads over 40 acres and the estimated cost is not yet announced. To [...] Continue Reading »
Independence Day event was successfully organized by CommonFloor in 18 apartments across Bangalore. Activities included flag hoisting, sports activity, cultural programmes and refreshments were provided to the citizens. The event was organised in – Mantri Woodlands, Mantri Residency, Mantri Tranquil, Prestige Palms, Alpine Eco apartments, Shobha Mayflower, Purva Belemont, Purva Heights, Purva Panorama, Brigade Gardenia, [...] Continue Reading »
Right pricing and small ticket sizes seem to have placed South Indian real estate in a much better place than real estate players in Mumbai and Delhi. Bangalore and Chennai seem to get their property strategy right. When most developers in India are battling high interest rates, sluggish sales, delays in new launches and a [...] Continue Reading »
Inorbit Mall has announced the launch of their first mall in Karnataka. The new venture is coming up at Whitefield. Inorbit is considered as the most successful mall operator in the country. After the launch of Inorbit Malad, Mumbai in 2004, they have launched malls in Vashi, Hyderabad and Pune. The choice of Whitefield as [...] Continue Reading »
The trend has been that compared to other metros, the overall demand for 1BHK apartments in Bangalore are much lower. However, the recent trend shows that 1BHK apartments have gained importance in localities of North Bangalore, closer to the Devanahalli Airport. North Bangalore is growing primarily on account of proximity to the International Airport in [...] Continue Reading »
Civic administration in Bangalore came to a halt on Wednesday as 12,000 employees of the Bruhat Bangalore Mahanagara Palike (BBMP) stopped their work. The employees were protesting against the alleged interference of the Bangalore Metropolitan Task Force (BMTF) in BBMP’s work. With the employees’ union threatening to continue with the protest a bunch of civic [...] Continue Reading »
Sobha Developers’ most valued land parcel in the heart of the Bangalore city has finally got a blue print. The Bangalore-based developer’s 2-acre marquee property, located on the Church Street- St Mark’s Road junction has been revealed to be developed into office cum shopping mall. As per declaration, Sobha is developing the property and has [...] Continue Reading »
