Commercial
Owing to the deteriorating rupee value, expatriates are busy buying properties especially in tier III cities of India like Kozhikode. Many NRIs, especially from Gulf countries, are planning to return back home. With the availability of well-set educational institutes, health care and general quality of life, the city is fast becoming a preferred place for the [...] Continue Reading »
The proposal to assess property tax based on capital value of the structures in Thane has been contested in the Bombay high court by citizens organization here. Municipal commissioner RA Rajeev has proposed that all residential, commercial or industrial property would be assessed on the basis of its capital value or market value as listed in [...] Continue Reading »
Century Real Estate, one of the leading realty players of Bangalore, is likely to buy at least half the investment from Fortress Capital, a global private equity fund that had invested about $100 million in 2007. The company is one of the largest land-bank owners in Bangalore. It had embarked into developing various commercial and [...] Continue Reading »
The real estate sector has been lying low due to lesser cash inflow in both the commercial and residential segments, hoping that there will be a change in liquidity levels soon. The macro-economic factors such as high interest rates, high land costs, etc. which have a direct effect on the sector, seem not to improve [...] Continue Reading »
Jayanagar, a real estate hot spot of Bangalore well known for its commercial and residential richness has now been gifted with new sign boards for all the roads. These sign boards provide complete information about place, road details and has been designed with a curvilinear top and a radium background. Also, behind the board there [...] Continue Reading »
Established in the year 1991 by Mr. Hanif Siwani & Mr.Maheboob Siwani, HM Constructions is Bangalore’s largest real estate company! A rapid expansion in terms of revenues, market capitalization, developable area and earnings the roots of them have bore strong enough in Garden city Bangalore. Today HM Constructions hold credit for completing 57 residential as [...] Continue Reading »
Hosur road is no more considered outskirts locality of the Bangalore city. With the industrial, commercial and residential growing in a fast pace in Hosur road; it will soon be one of the hot realty spot of Bangalore. Recently Bruhat Bengaluru Mahanagara Palike (BBMP) decided to build a link road connecting the Bannerghatta Road with [...] Continue Reading »
Sarjapur road was once a no man’s land in Bangalore and today there is no man who says “I am not familiar with Sarjapur road”. This is the importance and fame Sarjapur road has in Bangalore city today! Residential, commercial, IT, BT and what not? Today Sarjapur road stands equal to Indiranagar or Sadashivnagar which [...] Continue Reading »
As per the targets issued by Bruhat Bangalore Mahanagara Palike (BBMP) Commissioner M K Shankarlinge Gowda, the municipal officials have already started sending notices to the property tax defaulters. The officials are on high alert, rushing in a fast pace to clear all pending property tax payments. By March 2012 target of Rs 500 crore [...] Continue Reading »
Jones Lang LaSalle’s warns the situation of real estate market for the year 2012. According to the reports collected by Jones Lang LaSalle, for the year India’s commercial and real estate market will remain a cautious. Due to the prevalence of uncertainties in the global real estate market, Reserve Bank of India (RBI) has given [...] Continue Reading »
