Karnataka
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 »
As the Bruhat Bangalore Mahanagara Palike (BBMP) staff’s “indefinite strike” against the Bangalore Metropolitan Task Force (BMTF) entered the second day, the civil administration is compelled to stare at chaos. Most of BBMP officials participated in the demonstration, as the civic body decided to boycott work until the criminal cases booked against its engineers by [...] Continue Reading »
The Bruhat Bengaluru Mahanagara Palike (BBMP) Council has passed a resolution to include Electronics City under its fold for administrative purposes. As per resolution, villages in and around Electronics City will be merged under the BBMP’s jurisdiction. At present the electronic city has a total built up area of over 3 crore sq. feet. Though [...] Continue Reading »
The second edition of Karnataka state Confederation of Real Estate Developers’ Associations of India (Credai) convention- Statecon 2012 under the overall will be held in Mangalore on August 25. The theme of the convention is ”Homes for all”. The convention will be hosting participants from many folds – developers from all over Karnataka as well [...] Continue Reading »
The Bruhat Bengaluru Mahanagara Palike’s (BBMP) plan to include Electronics City under its jurisdiction, to raise more money, has angered the companies and their employees in the E-City. It is currently maintained by Electronic City Association, which is the best industrial estate of India and the pride of Bangalore. The association gets the cost of maintenance [...] Continue Reading »
A fire that broke out at a business school at Unakal, Hubli here destroyed property worth several lakhs of rupees. The fire was noticed early morning, soon after which the fire brigade was alerted. There is no human casualty but properties worth 80 lakh was destroyed. Short circuit was said to be the primary cause [...] Continue Reading »
Karnataka high court on Monday gave 45 days’ time to the Bruhat Bangalore Mahanagara Palike (BBMP) to submit a report on the irregularities in its 25 divisions. Former Mayor P R Ramesh, along with few others, had moved to the high court, seeking a CBI investigation into the alleged irregularities stating that they do not [...] Continue Reading »
A high-level coordination committee of the Congress party asked the Oommen Chandy government in Kerala to revise existing laws and bring in suitable new laws to protect the agricultural lands from getting used for constructions in the state. Till now, around seven lakh hectares of total nine lakh hectares of farm land have been either [...] Continue Reading »
Assocham study reveals that the real estate industry is attracting substantial investments in seven of the 20 top well-performing states even as the property market is facing slowdown. Almost 50 percent of Haryana’s investment is being done in realty sector since December 2011. The services sector accounted for about 34 per cent of its total [...] Continue Reading »
