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  • No Doubt-Bangalore is still IT Capital of India

    The rental market continued to strengthen in the city recording four to nine per cent annual appreciation in the peripheral locations and nearly 18 percent year-on-year growth in the central business districtsBangalore has recorded the highest total renting of commercial space this year at 10.22 million sqft, according to a survey by a global real ...
    Posted to My Bangalore Blog (Weblog) by 233134 on January 1, 2009
  • 2500 Sq.ft Residential/Commercial Building for Sale near Jayanagar 4th Block

    Prime Property in Jaynagar, Near Adigas • 2,500 sq. ft., 4 bath, 4 bdrm 3 story "G+2 Floors" -   Rs12,900,000 - Rs.129 Lacs, Not Nego Jaynagar, Bangalore  -  Available for Sale, Prime Property in Jayanagar, walkable from Jayanagar Shopping Complex. This is a Corner House, built on Ground +2 Floors, with ...
    Posted to My Bangalore Blog (Weblog) by 233134 on July 7, 2008
  • 5 Acres Commercial land for Sale before Bengaluru International Airport on NH7

    5 Acres Prime Commercial Land • 220,000 sq. ft. lot / land - MLS® - Rs.2500-3000/Sq.ft Devanahalli, Bangalore  -  Available 5 Acres of Prime Land in Commercial Zone, out of this 3 Acres is Converted. Located after ITC Factory before Trumpet Interchange, this is suitable for Malls, Apartments, Hotel etc. Pleas call me on ...
    Posted to My Bangalore Blog (Weblog) by 233134 on May 26, 2008
  • 60x90 prime Commercial Land for Sale on Outer Ring Road of JP Nagar

    Prime Commercial Land on Ring Road • 5,400 sq. ft. lot / land "60x90" - MLS® - Call For Price Details JP Nagar Main Area, JP Nagar  -  Available 60x90 Prime Commercial Land on Outer Ring Road of JP Nagar, in between Bannerghatta Road and Kanakapura Main Road. Suitable for Shopping Center, Retail Marts, Software/ ...
    Posted to My Bangalore Blog (Weblog) by 233134 on May 26, 2008
  • Bangalore company blossoms as world’s biggest grower of roses

    There is a school of thought that says that if you are going to get something done properly, then you have to do it yourself. It is a principle at the heart of many a great business and it is one that Ramakrishna Karuturi knows well, one that this week has made him the world’s largest cultivator of roses. He has risen to the top of the rose ...
    Posted to My Bangalore Blog (Weblog) by 248075 on October 25, 2007
  • Royal Orchid may defer the launch of Peppermint in Bangalore

    Bangalore-based Royal Orchid Hotels (ROHL) is expected to put hold on the launch of its first budget property in the city, located just off the arterial MG Road, reports Business Standard. ROHL  earlier announced plans to set up 50 budget hotels, under the name Peppermint, across the country by 2010. Each will have around 60-100 rooms with ...
    Posted to My Bangalore Blog (Weblog) by 233134 on October 21, 2007
  • Bangalore runs out of retail space, vacancy hits 0.3% record

    The race for retail space in Bangalore is turning chaotic. With rising income levels attracting both local and international retail brands, the city’s overall vacancy rate dropped to a historic low level of 0.3% between April and June, 2007, according to a Jones Lang LaSalle (JLL) report. In contrast, the National Capital Region (NCR), the ...
    Posted to My Bangalore Blog (Weblog) by 233134 on September 15, 2007
  • Ozone launches IT Park on Hosur Road (Bangalore)-Ozone Manay Tech Park

    Ozone Group, the Bangalore based property developer, has announced the setting up of a state-of-the-art tech park on Hosur Road in Bangalore.The IT Park has gone live with one leading IT company taking a 50,000 sq ft space. Bookings are now open for IT and BPO companies looking for expansion in Bangalore. The 5,50,000 sq ft-Ozone Manay Tech ...
    Posted to My Bangalore Blog (Weblog) by 233134 on August 31, 2007
  • Commercial Establishments -'Use Kannada Boards or Face Stiff Penalty'

    Bangalore, May 3: Under the new legislation, Labour Department officials can slap on the spot a penalty of Rs 1,000 to Rs 2,000 if establishments failed to display Kannada name boards.   Kannada Development Authority (KDA) Chairman Dr Siddalingaiah has warned commercial and industrial establishments of stiff penalty if they failed to display ...
    Posted to My Bangalore Blog (Weblog) by 233134 on May 4, 2007
  • Hamburg based Union Investment Real Estate AG in talks to buy India Builders Corp’s IBC-Knowledge Park

    BANGALORE: Hamburg-based real estate investment management company, Union Investment Real Estate AG, which manages assets worth over e13.2 billion globally, is in talks to buy out the Bangalore-based India Builders Corp’s Knowledge Park which is located on Bannerghatta Road Near Diary Circle, partly or in whole, for an undisclosed amount, ...
    Posted to My Bangalore Blog (Weblog) by 475368 on March 23, 2007
  • Service Tax On Lease Rentals Causes Worry To Realty Sector

    The finance minister's Budget proposals for the real estate sector has evoked a mixed reaction. Inclusion of lease rental income from commercial business in service tax net may have a marginal negative impact for companies in commercial segment as lease rental agreements have provisions for tax increases. However, in the longer run companies ...
    Posted to My Bangalore Blog (Weblog) by 233134 on March 12, 2007
  • Office And Mall Space Gets Dearer By 15-20pct

    The office and mall space has just got dearer by 15-20pct and your home by a further 20pct. Terming the budgetary provisions, if any, for the real estate sector as bordering on the ‘ridiculous’, property pundits feel that the extension of service tax by the Union Budget 2007-08 to renting of immovable property for use in commerce or ...
    Posted to My Bangalore Blog (Weblog) by 233134 on March 12, 2007
  • Ambani Brothers Won Karnataka IT Project

    Of 24 bidders, only Ambani Brothers have been shortlisted for the exclusive project of the development of 10,000 acre Knowledge City involving a whopping investment of Rs. 50,000 crore. The City would be catering to the demanding requirements of the IT industry’s growth in Karnataka. The other property developers bidded for the project were ...
    Posted to My Bangalore Blog (Weblog) by 233134 on February 25, 2007
  • Commercial property rentals in Whitefield, Bangalore soften

    Bangalore, India, February 23, 2007 - Office space in Bangalore's IT suburb of Whitefield can be rented cheaper now than a year ago thanks to an oversupply situation in the area. Rentals for Grade A properties in Whitefield are now around Rs.20 per sq.ft today versus Rs.20 per sq.ft a year ago. Even in ITPL rental values are going ...
    Posted to My Bangalore Blog (Weblog) by 233134 on February 25, 2007
  • Dawnay Day to invest $1.5 bn in Indian realty, Enters JV with Bangalore Based Firm

    Mumbai, India, February 22, 2007 - UK-based investment firm Dawnay Day International plan to invest $1.5 billion in Indian realty over the next few years. Areas of interest include residential developments, townships, and warehousing. Dawnay Day which has a property portfolio of over $5 billion globally is reported to have entered into a JV with a ...
    Posted to My Bangalore Blog (Weblog) by 233134 on February 25, 2007
  • Emaar To Invest 10,000cr In India Joins with Prestige Group

    Dubai-based realty company Emaar group is all set to invest Rs 10,000 cr in developing malls in India through its joint venture company Emmar MGF Ltd. Mr Susil Dungarwal from Prestige group has been roped in to head the mall business. Emaar-MGF, which is now developing malls in the North (Delhi & Jaipur) has plans to create a pan-India ...
    Posted to My Bangalore Blog (Weblog) by 233134 on February 7, 2007
  • Bangalore (Bengalooru) Stands First In Commercial Space Absorption In India

    According to Cushman and Wakefield, a real estate research firm, Bengalooru (Bangalore) occupied the first position i.e. 33.75pct, of the 40 mn sq ft of commercial space leased or committed in India last year. Second stood the NCR comprising Delhi, Gurgaon, Noida, Ghaziabad and Faridabad that recorded the highest growth of 100pct in 2006. Chennai, ...
    Posted to My Bangalore Blog (Weblog) by 233134 on February 7, 2007
  • UB City all set to become pride of Bangalore

    This is not any other building of London  or New York but our very own Bangalore!, yes welcome to UB City. UB City is one of the largest mixed use developments. It is all set to rise at the heart of India's IT Capital, Bangalore. It is brought to you by one of India's largest conglomerates which is also synonymous with Bangalore. ...
    Posted to My Bangalore Blog (Weblog) by 233134 on January 8, 2007