Mangalore
Following the petition from the Aam Aadmi Party, the Dakshina Kannada deputy commissioner suspended a steep toll rise on Mangalore-Bangalore highway. Mr. AB Ibrahim, Deputy Commissioner, says that he had directed Brahmarakootlu toll both officials that they should not charge commuters the revised fee. He also informed the director of National Highways Authority of India [...] Continue Reading »
The Titan Eye Plus has planned for major expansion of its retail network of stores, to add 50-60 new stores across the country in 2014-15. The company wants to improve the image of its brands, including Fastrack, Hipster and Glares. Titan Company Ltd which is part of Tata group opened its 96th store in South [...] Continue Reading »
India’s large mall developers companies are focusing on small towns, scouting for potential purchases. Developers like Future Group, Inorbit Malls (India) Pvt. Ltd and Infiniti Mall are looking to acquire malls in small cities to tap the potential there, while the top urban markets are close to being saturated. Inorbit, a division of Mumbai-based real estate developer K Raheja [...] Continue Reading »
The Karnataka government hopes in tier-II cities infrastructure will be up to expectations by 2017. M Maheshwar Rao, addressing the CII-Karnataka’s State Council meet on ‘Karnataka for India’s Growth Story’ says, “The State government is committed to creating more jobs in manufacturing sector. The aim is to return the sector on a growth path of [...] Continue Reading »
Over the years, real estate has grown vastly in the prime cities of India such as Mumbai, Delhi-NCR, Chennai, Bangalore and Kolkata. The leading cities witnessed rapid growth with the wide-spreading industrialisation attracting massive population. After the tier-1 cities, now it’s time for the tier-2 and tier-3 cities to see significant pressures on their infrastructure [...] Continue Reading »
In order to boost the real estate of Mangalore, Crisil Limited has allotted ratings for three project by Land Trades- a city based real estate company. Ouranai and Sai Grandeur are the two completed projects by Land Trades which have been given 7 star ratings, and its ongoing project- Maurishka Palace has got 5 star [...] Continue Reading »
Provident Housing, a wholly-owned subsidiary of Puravankara Projects is planning to launch an affordable residential project in Mangalore. The project is spread over 4.15 lakh sq ft and comprises of 324 units. The name of the project is Skyworth, the property is located at Derebail, near Konchady, on the airport road, which is well-connected to [...] Continue Reading »
The real estate sector in Mangalore and surrounding areas are booming with the builders announcing more projects, causing a rapid urbanization. In the past few weeks, three projects were launched near Gandhi Park. According to a real estate expert, the growth of the real estate in Mangalore is because of the entry of reputed developers such [...] Continue Reading »
Over the past seven years, the land and real estate prices have increased in tier II cities across Karnataka. The secondary cities across Karnataka where the real estate developers and buyers are showing interest are Mysore, Mangalore, Hubli-Dharwad, Belgaum, Gulbarga, Shimoga and Davanagere. Over the past three years the real estate prices in Mysore, Mangalore, Hubli-Dharwad, [...] Continue Reading »
It should be a pleasure driving along NH 17 on the west coast as the National Highway Authority of India (NHAI) as the 190 km stretch from Kundapur to the Goa border will soon have four laning. The total cost of the project will be Rs 1,756 crore approximately and the project will start by [...] Continue Reading »
