Masterplan 2015
It is being said that India’s construction sector will grown at 7-8 percent each year through the next decade. Post the new government the country hopes to see an increased growth and removal in the barriers to foreign investment which will help in hurrying the demand for construction over the upcoming 12 to 18 months [...] Continue Reading »
BBMP give an option to the builders either leave open spaces or pay market value As if the dwindling tree cover is not enough, it is an open invitation to expand the concrete jungle that Bangalore is becoming. The BBMP has given an option to the builders of apartment complexes either leave 10% for open [...] Continue Reading »
An amendment to the zonal regulations of Masterplan 2015 won’t allow change of residential land use to commercial. The Bangalore Development Authority (BDA) is bringing in an amendment to the zonal regulations of Masterplan 2015 that will bar the change of land use in areas that have narrow roads. According to the proposal, no change [...] Continue Reading »
