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Contrary to the popular belief, real estate is not always a risky gamble. Commercial Properties are the biggest and most stable attraction in real estate market today. It is also said to be more profitable than investing in residential properties.more...
Chartered Housing, a Bangalore based property developer, has launched Chartered Humming Bird, a residential apartment project just off Kanakapura Road, which is about 6 km from JP Nagar and around the same distance to Jayanagar. The project, coming up over 1.5 acres of land, will offer a total of 128 residential units, comprising a mix of two BHK and three BHK apartments.more...
With IT companies booming and HNI individuals making the city their new paradise, Bengaluru is seeing a rise in the luxury housing segment, and how?more...
Mysuru or Mysore is soon set to surpass Bangalore and become a ‘smart city’. This is not just because its home to one of the bigges IT campuses but also because the city is all set to receive a facelift. The sanction of INR 3,000 crore to widen the Bangalore Mysore National Highway into a sixlaner has attracted a lot of investment more...
The state government rejected the BBMP proposal for restricting the road width to 120 feet citing the Metro 2nd phase project starting anytime more...
The financial crisis of 2008-09 played an important role in enhancing the maturity of all stakeholders in the Indian real estate space. During the crisis, when poorly designed and planned projects failed en masse, investors and developers realised the importance of adhering to basic market principles and fundamentals that help sustain growth. Today, investors are using metrics such as financial leverage position, transparency level and corporate governance to evaluate developer performance. In that sense, I must say that the crisis was an absolutely necessary evil. more...
Engineers and valuers will get 20 per cent commission on the additional tax obtained after fresh assessment more...
With the arrival of the new financial year, the Bruhat Bengaluru Mahanagara Palike (BBMP) has begun accepting payment of property tax for the current assessment year 2015-16. To facilitate easy payment of tax, the BBMP has given the option of online, as well as different modes of payment offline as well. more...
Property owners in newly constructed apartment complexes can now breathe easy as the Karnataka Electricity Regulatory Commission has undone a State Govt circular to make Occupation certificate a mandatory document to get a new Power connectionmore...
The Namma Metro phase-2, which connects Majestic station with Whitefield via Baiyappanahalli, has reached a crucial stage with Bangalore Metro Rail Corporation Limited (BMRCL) finalizing 137 properties to be acquired in the stretch between Mahadevapuara and Satya Sai Hospital.
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