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April 2007 - Posts

Bangalore serviced flats demand soars

As star hotel room tariffs skyrocket and getting a room becomes more and more difficult, a new genre of serviced apartments has emerged as a cost effective alternative for business travellers to Bangalore. These apartments offer the flexibility associated Read More...
Posted Wednesday, April 25, 2007 7:12 PM by Property Reporter | 0 Comments

Rains bring enough water for 15 days

Water level at Thippagondanahalli has gone up by one foot Catchment area of the reservoir has received 4 cm of rainfall BWSSB can maintain the current level of supply till May end BANGALORE: The persistent summer showers, especially on Saturday night, Read More...
Posted Wednesday, April 25, 2007 7:09 PM by Property Reporter | 0 Comments

Bangalore(Bengaluru) Rains-Many areas flooded, Ejipura worst hit

Inundated houses, power cuts, tree falls and clogged drains send civic body officials into a tizzy BANGALORE: The death of 45-year-old Lakshmi on Sunday exposed the apparent inability of the authorities to create infrastructure that does not cave in whenever Read More...
Posted Wednesday, April 25, 2007 7:04 PM by Property Reporter | 1 Comments

Increase in guideline value slows down property registration in city

Officials say it can take six months for the normal situation to return Government Order creates confusion about jurisdiction Builders, developers criticise steep increase in guidline value BANGALORE: The revised guidance value for properties in Bangalore Read More...
Posted Wednesday, April 25, 2007 6:49 PM by Property Reporter | 0 Comments
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BDA criticised for not safeguarding its own property

2.5 acres recovered at HBR Layout BANGALORE: The Joint Legislature Committee formed to look into encroachment of government lands has criticised the Bangalore Development Authority for its failure to take legal steps to safeguard its property at HBR Layout Read More...
Posted Wednesday, April 25, 2007 6:39 PM by Property Reporter | 1 Comments
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BBMP raises property tax -It will come in the form of 10 per cent storm water drain cess

BANGALORE: Property owners in the five new zones comprising the seven erstwhile city municipal councils (CMC) and one town municipal council (TMC) areas will have to pay more property tax from this year. As part of the property tax, the Bruhat Bangalore Read More...
Posted Wednesday, April 25, 2007 6:28 PM by Property Reporter | 0 Comments

Bangalore(Bengaluru) Property Guidance value Increased-Pay More for Registration

BANGALORE: Bangaloreans, prepare for a shock: Starting Thursday, the guidance value — official cost of land — in the city will go through the roof. As per a final notification issued by the government on Wednesday, the cost of residential Read More...
Posted Wednesday, April 25, 2007 6:17 PM by Farooq M | 0 Comments

Relief for HSR Layout residents -Flood Controll Bridge Opened

BANGALORE: Residents of the upmarket Hosur-Sarjapur Road (HSR) Layout (Also Called as Kengal Hanumanthaiya Layout ) need no longer fear rains. Construction of two bridges over the Agaram Valley storm water drain and remodelling the drain to carry a maximum Read More...
Posted Wednesday, April 25, 2007 6:04 PM by Farooq M | 0 Comments

Bangalore(Bengaluru) to add 6,000 hotel rooms by 2012

Bangalore, which attracts the maximum number of business travellers in south India, is witnessing a hotel construction boom which is likely to treble the total number of premium hotel rooms and service apartments available. The city is set to add over Read More...
Posted Wednesday, April 25, 2007 5:53 PM by Farooq M | 1 Comments

3 Bedroom Apartment For Sale in JP Nagar with complete Luxurious Interiors.

3 BR with Luxury Interiors @ JP Nagar • 1,460 sq. ft area., 3 bath, 3 bdrm apartment - MLS® Rs4,900,000 JP Nagar Apartments, JP Nagar - The most beautiful 3 Bedroom Luxury Spacious Apartment with a Large Spacious Living Separate Dining, Balcony, Read More...
Posted Saturday, April 21, 2007 8:53 PM by Ehsan W | 1 Comments

Atlast Mantri Launches Espana-The Spanish Homes off Outer Ring Road Bangalore(Bengaluru)

Since Past 2 months Mantri was running a curiosity campaign about asking buyers for waiting for Spacious Large Homes in Bangalore , No wonder many guesses were for Espana and these guesses were right, Last week Mantri Officially Launched Mantri Espana Read More...
Posted Thursday, April 19, 2007 7:43 AM by Farooq M | 1 Comments

Plot For Sale in Magnolia Gardens-Posh Gated Community, off Mysore Road Near Bidadi(WonderLa) Beside Eagleton.

Large 3300 Plot in Posh Community • 3,300 sq. ft.land - MLS® Rs4,950,000 - Rs.1500/Sq.ft Mysore Road , Bangalore - Magnolia Gardens -an exclusive residential enclave. Acres and acres of sprawling greenery. Flowers dancing in celebration of nature's Read More...
Posted Wednesday, April 18, 2007 8:45 PM by Farooq M | 4 Comments

4 Bedroom Villa For Sale in the Heart of Electronic City, Bangalore South

4 Bedroom Furnished Villa @ Elctronic City • 2,600 sq. ft., 5 bath, 4 bdrm bungalow - MLS® - Call for Price Bangalore, Karnataka - A Brand New 4 Bedroom Villa For Sale in a secured Gated Community in the heart of Electronic City. Walk Able Distance Read More...
Posted Wednesday, April 18, 2007 4:32 PM by Farooq M | 2 Comments
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Two sets of rules for Two townships at Karnataka

The two townships coming up in Bidadi (Karnataka) are being treated differentially. Reason: One is public sector, the other is private. The BMRDA is building a 9,684-acre township covering six villages and one grazing land at Bidadi. No studies including Read More...
Posted Monday, April 16, 2007 3:55 PM by Farooq M | 0 Comments

IDEB Projects Building Land Bank

The Bangalore-based real estate and infrastructure developer IDEB Projects, which received $34-million private equity funding from the US-based Samsara Capital LLC in February this year has used the funds to build its land bank and ramp up the existing Read More...
Posted Monday, April 16, 2007 3:51 PM by Farooq M | 0 Comments

Bengaluru wins Defeats Bengalooru, Bengaluroo and Bengalooroo!!

We Conducted an online Poll on our website MyBangaloreProperty.com and the Poll was as follows: Which of the Following Spelling should be used for the New Name of Bangalore? The Options were: (A) Bengalooru. (B) Bengaluru. (C) Bengaluroo. (D) Bengalooroo. Read More...
Posted Tuesday, April 10, 2007 7:11 PM by Farooq M | 3 Comments

Peripheral Ring Road (PRR) project in Bangalore Gets cabinet’s approval

The most-ambitious Peripheral Ring Road (PRR) project in Bangalore got the cabinet’s approval. Touching at Rs. 3000 crores, it has now become the most expensive project so far. BDA has begun the land acquisition process. Since cost of the land has Read More...
Posted Tuesday, April 10, 2007 11:55 AM by Farooq M | 21 Comments

Bangalore is fourth cleanest city among 18 State capitals

Bangalore, Apr 8 (UNI) IT hub Bangalore ranks the fourth cleanest city among 18 State Capitals, according to a Lifebuoy Cleanliness Survey. The city ranked fourth with a score of 108, as against the all-city average of 100. The areas where the city have Read More...
Posted Sunday, April 08, 2007 7:56 PM by Farooq M | 1 Comments

Metro Rail to change face of Bangalore

BANGALORE: The physical map of M G Road is all set to change. The famous promenade, the walking strip and fully grown trees will make way for the biggest infrastructure project in Bangalore — the Metro Rail. A few weeks from now, the road will be Read More...
Posted Sunday, April 08, 2007 7:50 PM by Farooq M | 2 Comments

Bangalore dreams of second Silicon Valley

By Steve Ranger,, ZDNet Asia Away from the giant gleaming campuses that house thousands of IT workers across Bangalore, it's possible to find smaller, more thoughtful operations staffed by academics and top technical experts. While India may have Read More...
Posted Sunday, April 08, 2007 7:42 PM by Farooq M | 0 Comments

IBM announces the opening of new technology center in Bangalore

Bangalore, April 04: With an aim to address the growing demand from India-based business partners, IBM Tuesday announced the opening of a new autonomic computing technology center here. The new development center was created to meet the overwhelming demand Read More...
Posted Friday, April 06, 2007 12:43 PM by Farooq M | 0 Comments

EADS to open technology centre in Bangalore

NEW DELHI, APR 4 : European Aeronautic Defence and Space Company (EADS) plans to open a technology centre at the new Bangalore airport by the end of 2008. According to company officials, the centre will employ around 2,000 professionals. The technology Read More...
Posted Friday, April 06, 2007 12:40 PM by Farooq M | 6 Comments

BBMP Greater Bangalore Budget 2007-Special Report

Property tax: existing system to continue BANGALORE : The Bruhat Bangalore Mahanagara Palike (BBMP), which had earlier planned a uniform taxation system for the city, has now decided to continue with the existing system based on Self-Assessment Scheme Read More...
Posted Friday, April 06, 2007 12:31 PM by Farooq M | 0 Comments

Bangalore(Bengalooru) commuters opt to car pool to save Time and Money

Thursday, April 5, 2007 (Bangalore) Tired of the traffic in Bangalore, people are increasingly choosing to car pool and a website is helping them get in touch with each other. Every morning, Jagannath hires a taxi and picks up two other people on his Read More...
Posted Friday, April 06, 2007 12:17 PM by Farooq M | 1 Comments

AIG arm in talks to buy 15% in Benaglooru based RMZ

NEW DELHI: The Private equity investment arm of AIG is learnt to be in advanced stages of negotiations for acquiring close to 14-15% stake in Bangalore-based real estate firm RMZ, for about $350 million. The companies are likely to give finishing touches Read More...
Posted Monday, April 02, 2007 4:40 PM by Farooq M | 0 Comments