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Mangalore

Mangalore City Corporation launches SMS helpline

Mangalore City Corporation launches SMS helpline
Mangalore City Corporation (MCC) has launched an SMS helpline. Under this system residents can SMS their complaints pertaining to solid waste collection to 81236 66266, following which the complainant will receive an acceptance SMS on his/her mobile phone. The SMS complaint must have the ward number and other complaint details. The complaint SMS will be [...] Continue Reading »

Growth of commercial buildings at outskirts

Growth of commercial buildings at outskirts
Mangalore- Builders are provided huge opportunities as a large number of commercial buildings are emerging in the outskirts of Mangalore. Earlier, malls were only situated in city’s major centres like Hampanakatta, MG Road and Bejai. But very soon within 18- 24 months commercial centres will emerge on the city’s outskirts such as Kulshekar, Pandeshwar and Derlakatte. [...] Continue Reading »

Mangalore construction industry hit by ban on stone crushers

Mangalore construction industry hit by ban on stone crushers
The festive season fails to cheer builders of Mangalore. Karnataka State Pollution Control Board (KSPCB) have sent closure notices on crusher units in the state following a Supreme Court directive. As a result, construction and development activities have come to a halt. Of the 3,700 crusher units units across Karnataka, 200 units are in the [...] Continue Reading »

Real estate firms revisiting strategies

Real estate firms revisiting strategies
The real estate firms are revisiting strategies for development in India’s smaller cities. Various firms have been pursuing varied strategies on the backdrop of a realty slowdown. Some large developers are sticking to bigger cities while discontinuing project plans in smaller towns. Some firms are switching from premium to affordable homes to generate sales and [...] Continue Reading »

Statecon witnesses 10,000 footfall

Statecon witnesses 10,000 footfall
The two-day ‘Statecon 2012′ organized by the Confederation of Real Estate and Developers’ Association of India (Credai), Karnataka chapter in Mangalore has received satisfactory footfall. The exhibition with the theme ‘Home for all’ witnessed 42 builders putting up their stalls and had almost 10,000 footfall and 4,220 confirmed inquiries for dwelling units – indicating a [...] Continue Reading »

Bhandary Builders gain foothold in Mangalore

Bhandary Builders gain foothold in Mangalore
Bhandary Builders have made their presence felt in Mangalore real estate front. Promising quality of the work and timely delivery of the projects, they have been able to gain a foothold in the growing real estate market of Mangalore. Tasvi Residency, a residential project located at Derebail, Konchady was the first major project of the [...] Continue Reading »

Mangalore Builders to build swimming pool

Mangalore Builders to build swimming pool
The Statecon 2012 which will be organized by Confederation of Real Estate and Developers’ Association of India (Credai), Karnataka chapter in Mangalore, has attracted the builders in the city. The building industry affiliated to Mangalore chapter of Credai have agreed to donate Rs 1 crore for the construction of MCC-Credai swimming pool. Although the fund [...] Continue Reading »

Credai aims at housing surplus in Karnataka by 2020

Credai aims at housing surplus in Karnataka by 2020
Karnataka unit of Credai (Confederation of Real Estate Developers’ Associations of India) aims to see the state housing surplus by 2020. Officials state that the developers’ body will dwell upon the issue in Statecon 2012, which will be hosted in Mangalore on August 25. The official source states that Credai wants to provide people in [...] Continue Reading »

Foundation stone for residential apartments laid in Mangalore

Foundation stone for residential apartments laid in Mangalore
The foundation stone for Sorake ‘Green Cliff’ residential apartments by Sorake builders was laid at Airport Road in Padavinangady in Mangalore on 20 August. Dr Rajnesh Sorake of Sorake builders laid the foundation stone while joint venture partners like Elias Sanctis and Prakash Pinto of Paragon builders and developers were present. Green Cliff, a proposed [...] Continue Reading »

Rupee depreciation attracts NRIs to Mangalore real estate market

Rupee depreciation attracts NRIs to Mangalore real estate market
The depreciating rupee may be a concern for the economy, but it has become a disguised boon for builders in Mangalore. In the past three weeks 16 new projects totalling a minimum of thousand apartments have been launched indicating robust demand and stepped up activity in the construction sector in Mangalore. Mangalore chapter of the [...] Continue Reading »



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