RSS

Archive | Bangalore Property RSS feed for this section

Mallya keen on buying posh Brindavan property in Bangalore

27. August 2010

0 Comments

UB Group chairman Vijay Mallya, it is learnt, has set his sights on having the best view of Bangalore’s skyline from his bedroom. The drinks-to-airlines entrepreneur has evinced keen interest in buying one of the last available land parcels on MG Road, which incidentally houses the city’s iconic Brindavan Hotel. The 36,000 sqft plot of land, which [...]

Continue reading...

Mantri Developers Gets All Approvals, But Has No Plans To Build Complexes

14. August 2010

0 Comments

Builder shelves twin projects How often does a developer get all the regulatory approvals for blockbuster projects and then decides not to implement them? Quite unheard of, actually. But that’s exactly what’s happening around Metro’s Swastik station in Malleswaram. Mantri Developers has submitted proposals and got approvals to build two large complexes on land that was [...]

Continue reading...

Only 35 percent of all Karnataka Real Estate Projects Under Implementation- Assocham

9. August 2010

0 Comments

Only 35 percent of the Rs.7.33 trillion (Rs.7.33 lakh crore) investment projects in the public and private sectors have been commissioned in Karnataka or are at various stages of implementation, the Associated Chambers of Commerce and Industry of India (Assocham) said Sunday. ‘Though pro-active Karnataka attracted a whopping Rs.7.33 trillion investments till March this year, [...]

Continue reading...

Andhra Pradesh State Govt Increases Property Registration Charges

6. August 2010

0 Comments

In a move to offset losses due to reduction in stamp duty charges to a uniform 5 per cent across the State, the Andhra Pradesh Government has effected upward revision of the registration charges and market prices for properties from August 1. The State Government had recently announced its decision to slash the stamp duty rates [...]

Continue reading...

Puravankara Launches Rs 350 crore Project Purva Skywood in Bangalore

17. July 2010

0 Comments

Puravankara Projects (PPL), the BSE-listed real estate company, has launched a project named Purva Skywood for luxury segment on Haralur Road in southeast Bangalore. The project is valued at about Rs 350 crore, including land cost. The luxurious project, which will comprise 2, 3 and 4 bedroom apartments with size ranging between 1,263 sq ft [...]

Continue reading...

Nitesh Estates Awarded with Bangalore Residential Project

14. July 2010

0 Comments

Nitesh Estates, the Bangalore-based realtor, has won the bid to develop a 1.5 lakh square feet residential project in Aga Abbas Ali Road, close to MG Road, in Bangalore. Nitesh Shetty, managing director of the company, confirmed the development and said, “The project would add approximately Rs 35 crore to the company’s bottomline.” The developer [...]

Continue reading...

BCIL to Construct 400 Green Houses in Bangalore

13. July 2010

0 Comments

The Bangalore-based Bio diversity Conservation India (BCIL) will construct about 400 green houses in the next two years in various projects across Yelahanka, Goa, Pune and Chennai. Each project will comprise about 150 houses. The company has completed three projects in Yelahanka, totalling 7 lakh square feet. Size of each apartment varies from 700 sq ft to [...]

Continue reading...

Abu Dhabi firm plans to build “space city” near Bangalore

23. June 2010

0 Comments

Abu Dhabi-based Marib Holdings LLC plans to build a “space city” in Chikkaballapur district, about 90 km from Bangalore, at an investment of Rs 18,400 crore ($4 billion). The project, which received in-principle approval of the state government Saturday, includes setting up of an entertainment theme park on the lines of Disneyland in an integrated [...]

Continue reading...

Sobha Ruby A Glittering Landmark in West Bangalore

4. June 2010

1 Comment

Sobha Ruby is designed to be a stunning landmark that will provide relief to those on the lookout for quality residences in a neighbourhood which was once known more for its industries. Infusing charm to the bustling area of Peenya, this project comprises of five hundred and thirty six apartments built with superb quality that [...]

Continue reading...

BBMP CLEARED 28 PROJECTS

30. May 2010

0 Comments

The two-day BBMP council ended abruptly on Saturday with mayor S K Nataraj approving 28 projects worth crores of rupees amid pandemonium. “I am for development of the city and as ruling party in the council, we have the obligation to start taking up developmental works. Opposition parties are goondas engaged in rowdyism. Yes, the standing [...]

Continue reading...

Mallya’s luxury flats to be priced at Rs 20 cr

6. May 2010

0 Comments

It’s official now. Liquor and aviation baron Vijay Mallya is uncorking a Rs 1,500 crore-luxury residential play in the heart of Bangalore, on Vittal Mallya Road, along with Prestige Estates. This could well be the most expensive residential project to be sold in Bangalore’s real estate history , as the asking rate per sq ft [...]

Continue reading...

Property tax rebate scheme till May 30

1. May 2010

0 Comments

Bringing relief to Bangalore’s property owners, the BBMP council on Friday decided to extend the 5% rebate on payment of property tax by a month, till May 30. Friday was the last day for availing the rebate. Property owners can pay the 2010-11 half-yearly tax without fine up to June 30. Tax may be paid at [...]

Continue reading...

Bangalore : Road projects around city

30. April 2010

0 Comments

Road works to decongest traffic and reduce travel time are being taken up by the NHAI and BBMP The civic agencies are taking up major projects to allow smooth commuting and clear bottlenecks in different parts of the city. The elevated road over Tumkur Road by the National Highways Authority of India (NHAI) and the widening [...]

Continue reading...

Skyline Announces Launch of Luxury Residential Project in Bangalore April 26, 20

26. April 2010

0 Comments

Skyline Constructions has announced plans to create an exclusive luxury residential haven – Skyline Villa Maria, in Bangalore. Located in the heart of the city’s commercial and lifestyle district, just off Brigade Road, an exclusive few will be offered the finest in high-quality living in each one of the six exclusive apartments. Each ‘by invitation’ [...]

Continue reading...

Janaadhar launches low-cost homes project near Bangalore

9. April 2010

0 Comments

State governments have drawn up several schemes for low-income housing, but private initiatives have been limited Ramesh Ramanathan, who runs the non-profit organisation Janaagraha, on Thursday launched his maiden low-cost housing venture in the industrial town of Attibele, about 35km from Bangalore. His firm Janaadhar Constructions Pvt. Ltd will build more than 500 homes priced at less [...]

Continue reading...