Bangalore
Surat’s real estate developers are struggling hard to find buyers from the Higher Income Group (HIG) and Higher Middle Income Group (HMIG) as the inventory pile on. The state government on the other hand is focusing on housing schemes for urban poor. Figures of Surat Builders Association (SBA) show that as many as one lakh [...] Continue Reading »
After a waiting period of nearly a decade, the Bangalore Development Authority (BDA) may have some good news for the AAM AADMI. The authority plans to invite applications for 5,000 sites in Kempegowda Layout from March this year. In an announcement by Chief Minister, Siddaramaiah, “BDA has acquired 2,000 acres of land and started developing [...] Continue Reading »
Land acquisition for infrastructure or industrial development projects may become a smoother and more rewarding process in days to come with the new land acquisition law coming into force. The new law, “The Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Act, 2013,” has stricter norms and higher compensation for land [...] Continue Reading »
Makers of Victoria’s Secret lingerie, Limited Brands, is going to establish its first-ever global in-house centre (GIC) in Bangalore. The US firm has other brands – Pink, Bath & Body Works, Henri Bendel and La Senza. The centre will provide data analytics, which will help the organisation to analyze vast quantities of customer and retail [...] Continue Reading »
The areas of Koramangala, Sarjapur, HAL, which weren’t yet connected will be covered by 133 km phase 3 of metro. Bangalore Metro Rail Corporation Limited (BMRCL) has begun the ground work for Phase III. RITES, an engineering consultancy firm, will prepare a detailed project report (DPR) one of the five routes proposed under the new [...] Continue Reading »
Shruti Manchanda, daughter of Infosys CEO SD Shibulal is set to expand her hospitality venture, Tamara with an investment of Rs. 150 Crores. Manchanda owns slightly less than one per cent stake in Infosys, which is worth Rs. 1,350 crore. She plans to invest up to Rs. 150 crore in her venture to set up [...] Continue Reading »
India has been an attractive market for IT/ITES industry as it ensures handsome investment returns. The BFSI (Banking, Financial Services and Insurance) book of the dead game industry, manufacturing and other service sector also contribute to total office space absorption in India. As per Knight Frank Survey, the top six cities which will witness maximum office [...] Continue Reading »
Mumbai, Gurgaon and Bangalore have been witnessing steady appreciation in property prices for over four years now. The property prices in Mumbai went up by an average 66 per cent, whereas Gurgaon saw an average rise of 52 per cent closely followed by Bangalore with an average of 46 per cent. Experts believe that the [...] Continue Reading »
North Bangalore was one of the safest and most lucrative residential property investment bets. The main reason for the growth is because of the improved infrastructure, developing social infrastructure, planned commercial developments, proximity to the international airport and enhanced connectivity. North Bangalore will continue to grow, because of the massive potential for capital appreciation. Hebbal, [...] Continue Reading »
Bangalore is coming up with high rises, the concept is new and developers want to cash in on vertical living concept. Home buyers who have been used to apartment complexes of ground plus seven floors or ground plus 15 floors, can now look forward to apartments towering 40-storeys high. But still Bangalore is far cry [...] Continue Reading »
