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Bangalore: Ultra luxurious flat goes for Rs 33,000 per sqft
The IT City’s residential real estate price has touched a new peak: Rs 33,000 per sqft. A recent apartment sale at Kingfisher Towers, an ultra high-end residential project coming up on Vittal Mallya Road, recorded this rate. It’s said to be the highest residential capital value in the city’s history. Kingfisher Towers, 34 storeys high, is [...]
Continue reading...Bangalore best Indian city to live in: Global Survey
30. November 2011
Pipping past the four metro cities of New Delhi, Mumbai, Kolkata and Chennai, the southern technology hub Bangalore has emerged as the best city to live in India, a global survey said today. Despite its top Indian ranking, Bangalore’s worldwide rank is very low at 141st position in a list of 221 cities globally in terms [...]
Continue reading...Housing societies in Karnataka become den of scams
22. October 2011
Cooperative housing societies that are supposed to be a boon for the not-so-rich to own a plot or an apartment in cities seem to have become den of illegal dealings in Karnataka. Over 100 of them, including one connected with the legislature and another with the judiciary, are now under the government’s scanner. These are the [...]
Continue reading...Tata Launches Luxury Residential Project “The Promont” in Bangalore
14. October 2011
Tata Housing on Tuesday announced the launch of a luxury residential project — The Promont, its second one in Bangalore. Spread across 14 acres on a hillock, the project would have 320 apartments in the range of Rs 2.1 crore to Rs 4 crore in four apartment towers as part of the first phase, according [...]
Continue reading...Bangalore Metro rail will start rolling on October 20
1. October 2011
After several launch dates, this is final and official. Bangaloreans can hop on to the Metro from October 20 and travel from Byappanahalli to MG Road. With Prime Minister Manmohan Singh’s unavailability to launch Namma Metro, the chief minister’s office has communicated this date to Bangalore Metro Rail Corporation (BMRC) to [...]
Continue reading...Godrej Launches Premium Residential Project in Bangalore
29. September 2011
Mumbai-based Godrej Properties (GPL), the real estate development arm of the Godrej Group, has launched a premium residential project Godrej Platinum at Hebbal, Bangalore on Airport road. Godrej Platinum offers 3 BHK and 4 BHK apartments and penthouses, with sizes ranging from 2,914 sq ft to 6,320 sq ft. The base price is fixed at [...]
Continue reading...Bakeri Group firms up plans to launch Rs 600 cr real-estate project in Bengaluru
26. September 2011
One biggest affordable housing player in Gujarat, the Bakeri Group, will be launching a Rs 600 crore mix-use real-estate project in Bengaluru where it will develop 2.1 million square feet of space on the Bannerghatta road. “The ground breaking ceremony for the project has been scheduled for April next year,” said Pavan Bakeri, managing director of [...]
Continue reading...BDA yet to approve Arkavathy Layout plan
24. September 2011
8 Yrs On, Allottees, Ryots Are Shocked Even after eight long years, there seems to be no end to the woes of thousands of site allottees in the controversial Arkavathy Layout. The BDA has dropped a bombshell — its town-planning wing is yet to approve the 1,500-acre project. Responding to an RTI [...]
Continue reading...Prestige Group comes up with Luxury Apartment Project Christened ‘Edwardian’ in Bangalore
23. September 2011
The Prestige Group has launched Prestige Edwardian, a luxury apartment project in the heart of Bangalore, on Edward Road, about 2 km from MG Road. The project, which will be spread across 40,000 sq ft, as the name ‘Edwardian’ suggests will be designed using the Edwardian style of architecture. The design marvel is reflective of [...]
Continue reading...Bangalore Metro rail ready to roll, almost
21. July 2011
Initially, the BMRC had been planning to operate the train with an interval of 10 minutes during peak hours and at an interval of 20 minutes during off-peak hours. Since the Metro has a huge capacity and moves quickly, with the completion of Phase 1, it will operate at an interval [...]
Continue reading...GMR Infrastructure’s airport unit raises about $131 mn
7. July 2011
Bangalore-based GMR Infrastructure said on Wednesday its unit GMR Airports Holding has raised $131 million via an issue of compulsorily convertible preference shares, which can be converted at the time of public offer. Standard Chartered Private Equity (Mauritius) III Ltd., JM Financial -Old Lane India Corporate Opportunities Fund I Ltd., Build India Capital Advisors LLP and [...]
Continue reading...Century real estate unveils luxury villa township in Bangalore
22. June 2011
Century Real Estate had launched first luxury villa township Century Istana in Bangalore. This high-end project is spread over 68 acres at Devanahalli and be and the villas will be priced between Rs 2.5 and Rs 4.5 crore each. The gated project will have 120 villas ranging between 4,000 sqft and 5500 sqft. Other than the [...]
Continue reading...Landmark BDA complexes will become malls
27. May 2011
The Bangalore Development Authority’s old and dying shopping complexes are to be razed and their place occupied by trendy commercial space to be developed under the public private partnership (PPP). To be ready by 2014 (by current estimates), these renovated urban commercial spaces are envisaged to emerge as the nerve [...]
Continue reading...Bangalore: Land rates to shoot north across the city
23. May 2011
Every sqft in Bangalore is set to get a new and pricier tag, with a revision of land guidance values in the offing. Coming after four years, it is not likely to be a small rise, but a drastic jump, ranging from 20-30% within the city to a mindblowing 100-150% in [...]
Continue reading...Bangalore :BCIL Coming up with Two Residential Projects
7. May 2011
BCIL is coming up with two residential projects — Zed Woods and Zed Earth — on the Yelahanka-Doddaballapur Road in Bangalore, which promise a harmonious blend of green living and urban comforts. The company is investing Rs 108 crore – Rs 90 crore for Zed Earth and Rs 18 crore for Zed Woods. The Zed [...]
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- Parliamentary panel proposes tougher norms for acquiring land for industrial use
- ‘Wave Mega City Center project violating plan’
- Stamp duty on property deals through power of attorney can rise’
- Tension of Noida Extension may be end on 22nd May
- DLF to start its own fire brigade
- Ansal Projects seeks denotification of its Gurgaon SEZ
- Timely project approvals may bring down housing costs by 25-40%: Kumari Selja
- Ajnara first to scrap project in Noida Extension
- Metro expansion to Loni approved
- ‘Shapoorji Pallonji, arrested man did biz’
11. April 2012
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