properties in Bangalore
Bangalore, the garden city has hit the highest residential price when compared to other cities in India. The highest Rs 33,000 per sqft is never recorded before in the history of Bangalore’s residential real estate market. However, one can have a sigh of relief as Bangalore city is way ahead of Mumbai which costs Rs [...] Continue Reading »
Bangalore, the “garden city” is witnessing growth in real estate sector. With the launch of metro the prices of properties in Bangalore is increasing. The Bangalore metro has already kick started and half of the work is the completion pace. However, the shifting Dr Ambedkar’s statue in front of Vidhana Soudha has resulted postpone of [...] Continue Reading »
The property tax collection has just commenced in Bangalore and there is good amount of response. Through self assessment scheme (SAS), on day one around 4,000 property tax owners have paid taxes. The tax payers can pay tax in two installments without penalty and availing rebate. Also, in the recent press release namma Bruhat Bengaluru [...] Continue Reading »
It’s time to pay property tax! It is April and the time has come for all of us to pay property tax to namma BBMP. The property tax payment will have to be paid through the Self Assessment Scheme (SAS) and get 5 percent rebate. From April 1st BBMP has started collecting property tax for [...] Continue Reading »
The It industry has a wide variety of service ares. And the IT Enabled Service industry is the biggest sector in Bangalore. The ITES industry has a considerable effect in the real estate market of Bangalore. The availability of huge work force enable the IT industry to grow in the city. That growth helped the [...] Continue Reading »
Unitech announced luxury villa Aranya in Bangalore. The company is planning to acquire Rs 250 Crore from the sales of villas. The company has projected 2 years as the sales time line for all 68 villas. Unitech already made net sales value of Rs 513.90 Crore in the last quarter of 2011. The company also [...] Continue Reading »
Chandrapura in Bangalore South is going to be a good residential place soon! The close proximity to Electronic City make the place a preferable one for the techies who work at Electronics City. The apartments in this location is accompanied with all necessary amenities. Along with that the wide roads and excellent bus connectivity has [...] Continue Reading »
Rs 50 Cr investment is made by HDFC Property Fund for the Fortuna Project SPV in Bangalore. In recent past (October 2011) HDFC also invested $90 million in a upcoming IT park near the BIAL. The Fortuna SPV is a combination of two projects. The first is the Fortuna North City near Yelahanka. This project [...] Continue Reading »
Bangalore Development Authority (BDA) website had links to some overseas private property developers. BDA had not renewed its domain name on the internet. The front page of website says the domain name expired at 10.16am on September 9. Raja Nambiar gave away 1.5 acres of land for the Peripheral Ring Road and is waiting for [...] Continue Reading »
Bangalore and Chennai are the cities in South India to see upcoming residential developments.The mind-boggling rise in demand for properties in Bangalore and Chennai is mainly due to the enormous migration of IT professionals to the city. Property is the safest bet after gold as far as investment is concerned. The residential and commercial properties [...] Continue Reading »
