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  • A Bangalore record: 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 highend 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, ...
    Posted to My Bangalore Blog (Weblog) by 233134 on April 26, 2012
  • Finally Namma Metro roles out from Today!

    The wait for metro rail in the country's IT hub Bangalore is finally over! Union Urban Development Minister Kamal Nath inaugurated the service which will open to public from 4 p.m. Thursday. The Metro service will run between 6 a.m. and 10 p.m.  Chief Minister D.V. Sadananda Gowda, several state ministers, senior Bharatiya Janata Party ...
    Posted to My Bangalore Blog (Weblog) by 233134 on October 20, 2011
  • Mantri Developers appoints new CMO

    Mantri Developers, one of the leading real estate developers in India, has appointed Bharat Dhuppar as the new Chief Marketing Officer. Dhuppar will be stationed at the Mantri Developers’ corporate office in Bangalore and will be responsible for marketing, brand visibility, sales and business growth. Dhuppar holds a Bachelor Degree in ...
    Posted to My Bangalore Blog (Weblog) by 248075 on July 7, 2010
  • Land takeover for High Speed Rail to start Soon

    The now-on, now-off High Speed Rail Link (HSRL) project connecting the city to the Bengaluru International Airport (BIA) is finally gathering momentum. The Bangalore Airport Rail Link Ltd (BARL), a special purpose vehicle created by the government to see its implementation, will kickstart the project with land acquisition this month. BARL is all ...
    Posted to My Bangalore Blog (Weblog) by 233134 on April 17, 2010
  • Metro train will chug into commercial tower

    It's yet another feather in Bangalore's cap. This will be the only city in the country where the Metro train will stop at a swanky commercial tower with a spacious parking basement for cars, close to a huge mall. The Sampige Road station at Malleswaram will be the only station of the 33 elevated ones under Metro's phase I (to ...
    Posted to My Bangalore Blog (Weblog) by 233134 on April 17, 2010
  • Namma Bengaluru’ Award: For Citizens, by Citizens

    An award for the citizens, by the citizens was unveiled in Bangalore on Tuesday. The 'Namma Bengaluru' awards is being dubbed as a 'Thank You' honour from the citizens for those who contribute towards the growth of Bangalore city.  Constituted under the aegis of the Namma Bengaluru Award (NBA) Trust, the awards will be given ...
    Posted to My Bangalore Blog (Weblog) by 233134 on October 14, 2009
  • Maytas Properties ties up with Bangalore's Shriram

    Maytas Properties, a closely-held firm run by the son of disgraced Satyam founder B Ramalinga Raju, has tied up with Bangalore-based Shriram Properties to develop a prime property in Chennai. It hopes to get loans from banks by pledging the sale proceeds of the developed property as collateral and raise money from banks to complete the upmarket ...
    Posted to My Bangalore Blog (Weblog) by 233134 on October 14, 2009
  • Karnataka Property cards to fix glitches in records

    You may have credit, debit, petro and membership cards, but a Property Card could be the one to have. For it promises to revolutionize the realty sector in Karnataka. When the Karnataka Land Grabbers (Prohibition) Act comes into force soon, it’ll bring in transparency by cleaning up land records. These had always been messed with, resulting ...
    Posted to My Bangalore Blog (Weblog) by 233134 on October 4, 2009
  • Good News:Karnataka Land Sharks will soon be booked

    [photo:listing:1955071:1]Here is a good news to all those poor farmers and NRI Investors: Land grabbers, many of whom went scotfree all this while, may now end up behind bars for laying their hands on prime government land.The jinxed A T Ramaswamy committee report on encroachments will come to life again. An exclusive Act to deal with land ...
    Posted to My Bangalore Blog (Weblog) by 233134 on September 30, 2009
  • Brigade Group and Puravankara steps into KPL gets Bangalore Teams

    On an evening where crores were bandied around with abandon despite the current recession, real estate builder Brigade Group emerged as the highest bidder and bagged the ownership rights of the most coveted team in the Karnataka Premier League (KPL) — the Bangalore Urban team. The Brigade Group won the bid at Rs. 7.2 crore payable over a ...
    Posted to My Bangalore Blog (Weblog) by 248075 on August 9, 2009
  • Provident Housing buys 62 acres in Bangalore for Rs 150 cr

    Provident Housing, a fully-owned subsidiary of the Bangalore-based Puravankara Group, is learnt to have bought a 62-acre land parcel in the outskirts of Bangalore. The deal is believed to have been struck for a value of Rs 150 crore. A person involved in the deal said the company is planning a low-cost housing project. The deal between Provident ...
    Posted to My Bangalore Blog (Weblog) by 233134 on August 3, 2009
  • Cisco to develop 6.6 lakh sq ft more space in Bangalore

    This comes as a downpour in Bangalore’s realty drought. Multinational networking giant Cisco has cleared the deck for developing an additional 6.6 lakh sq ft office space with a provision of scaling it up to 2.2 million sq ft in Bangalore, making this the largest development plan by an IT major in recent times. More than the realty ...
    Posted to My Bangalore Blog (Weblog) by 233134 on July 31, 2009
  • BMIC: No Road over Gottigere Lake Says HC

    The Nandi Infrastructure Corridor Enterprises Ltd (NICE) has won a legal battle against the state government in the Karnataka High Court. The HC on Thursday nullified the notification of the state government directing NICE to construct a peripheral road across the Gottigere lake by erecting pillars. The notification was issued during the ...
    Posted to My Bangalore Blog (Weblog) by 248075 on March 29, 2009
  • Bangalore is now warmer by one degree

    For old-time Bangaloreans who insist that the city is getting hotter, the Meteorological Centre has the evidence: a “trend chart” shows that Bangalore’s average temperature has risen by one degree over the last 45 years (1963 to 2008). One degree may not sound like much, but is “very significant” in terms of ...
    Posted to My Bangalore Blog (Weblog) by 248075 on March 29, 2009
  • Rain water harvesting becomes compulsory in Bangalore

    In order to conserve water and ensure ground water recharge, the Karnataka government on Tuesday announced that buildings, constructed in the city from now on, will have to compulsorily adopt rain water harvesting facility The state cabinet at its meeting held here on Tuesday decided to amend section 72 A of the Bangalore Water Supply & ...
    Posted to My Bangalore Blog (Weblog) by 248075 on February 5, 2009
  • Tight security in Bangalore for Republic Day

    Security has been tightened across Bangalore ahead of Republic Day celebrations Monday, a top police official said here Saturday. "Across the city around 1,200 police personnel will take care of the security measures on Jan 26. We'll also deploy 350 armed policemen in the city," M.R. Pujar, additional commissioner of police, ...
    Posted to My Bangalore Blog (Weblog) by 248075 on January 25, 2009
  • Goldman Sachs Buys A Rs 30 Crore Stake In Indiabulls Real Estate

    Foreign fund Goldman Sachs Investments Mauritius (India) has bought shares worth Rs 30.84 crore in Indiabulls Real Estate through open market transactions. As per the information on bulk deals available on the National Stock Exchange, Goldman Sachs Investments Mauritius bought 20.89 lakh shares at Rs 147.64 per piece aggregating to Rs 30.84 crore.
    Posted to India Real Estate News Weblog (Weblog) by 248075 on January 25, 2009
  • 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
  • Rajesh Exports' realty plans deferred for 18-24 months

    Gems and jewellery maker, Rajesh Exports Ltd, has deferred its real estate development plans by at least 18-24 months on concerns over slowdown in property demand, Chairman Rajesh Mehta told NewsWire18 here."This is not a wise time to get into real estate business. We will not get into construction activities for the next one-and-a-half to ...
    Posted to My Bangalore Blog (Weblog) by 233134 on December 28, 2008
  • Namma Bengaluru is now Nano City

    Government of Karnataka, on the occasion of 2nd Bangalore Nano, in the august presence of Shri. M. Hamid Ansari, H.E. Vice President of India, Shri. Rameshwar Thakur, H.E. Governor of Karnataka, Dr. V.S. Acharya, Honourable Home Minister, Government of Karnataka, Prof. C.N.R. Rao, Chairman, Science Advisory Council to the Prime Minister, ...
    Posted to My Bangalore Blog (Weblog) by 233134 on December 20, 2008
  • DLF Slashes the Price of New Town Bangalore by 700 Rupees

    DLF Ltd, India’s largest builder in terms of market valuation and in terms of completed residential and commercial property development, has slashed the pre-launch booking price of apartments at its debut residential project New Town , BTM Layout Extension , in southern Bangalore as the current slowdown dampens demand for realty. DLF is now ...
    Posted to My Bangalore Blog (Weblog) by 233134 on November 20, 2008
  • Registering Revenue sites to become Reality now

    Even the previous Coalition Government about 1 year back had announced the same thing, which brought cheers to thousands of middle class families, but after all the drama the government failed, and brought a blanket on this issue, now with the New Government announcing this it is a very good news for all, with BDA sites costing a Bomb , many ...
    Posted to My Bangalore Blog (Weblog) by 248075 on October 27, 2008
  • All the buzz about Prestige Shantiniketan

    ­If you look at their track record - In Bangalore they are the only Construction Company in which so far all the Buyers who have either purchased for residing or for investment are always a very happy lot, this reflects their quality - deliverance and back up customer care, I tried to find any blogs/media reports which reflects their quality ...
    Posted to My Bangalore Blog (Weblog) by 233134 on October 26, 2008
  • State Govt approves 3 SEZs in Bangalore

    The State Government has given its approval for setting up two integrated townships and three Special Economic Zones (SEZs) on the outskirts of Bangalore city. This was decided at the 15th State High Level Clearance Committee meeting held on Thursday. Though the promoters are yet to get consent from land owners regarding the transfer of land ...
    Posted to My Bangalore Blog (Weblog) by 248075 on August 22, 2008
  • Puravankara Projects Q1 profits increased by 41%

    This is a Good News for all those who has invested in Puravankara's IPO, Puravankara Projects registered a consolidated net profit of Rs 61.89 crore for the quarter ended June 30, up by 41 per cent compared to the corresponding quarter last fiscal. The firm registered an income at Rs 157.58 crore for the quarter, an increase of 31 percent over ...
    Posted to My Bangalore Blog (Weblog) by 233134 on August 3, 2008
  • SC stays EC order on Bangalore Mysore Expressway project

    The Supreme Court today stayed an Election Commission order which had put the brakes on the the Bangalore-Mysore Expressway Infrastructure Project in Karnataka. The multi-crore corridor project, estimated to cost over Rs 1,500 crore, is aimed at providing an 111-km expressway connecting Bangalore and Mysore. It will also be dotted by five ...
    Posted to My Bangalore Blog (Weblog) by 233134 on July 10, 2008
  • Expect Change for Bangalore-with New Government in Place

    With BJP coming to power you can expect a lot of things in Bangalore Infrastructure, the First positive sign was NICE project, the work near Gottigere lake will begin soon completing the Corridor which was halted by earlier Government for Personal reasons, read on this article explaining Political Development in Karnataka. "A new era ...
    Posted to My Bangalore Blog (Weblog) by 233134 on May 31, 2008
  • Keen to avoid the ‘oversupply mistake’-QVC Realty

    Land, capital and execution skills — most players in the real-estate business come armed with the first of the three considered mandatory to break through in the business.But Mr Prakash Gurbaxani, CEO, QVC Realty, the country’s first private equity-backed real-estate start-up firm, unlike most of his competitors, dived into the brick ...
    Posted to My Bangalore Blog (Weblog) by 248075 on April 20, 2008
  • ANZ National to Shift Back-Office Jobs to Bangalore

    ANZ National Bank Ltd., New Zealand's biggest lender, plans to move some operational and processing work to Bangalore over the next 18 months.By the end of 2009 about 5 percent of the bank's work will have moved to the Indian city, Wellington-based ANZ National said today in a statement e-mailed to Bloomberg News. Bank unions estimate ...
    Posted to My Bangalore Blog (Weblog) by 248075 on April 17, 2008
  • Land rate up 3000 per cent in Bangalore Rural

    The 'main roads' of Devapala, Arudi and Singenahalli villages, bordering Gowribidanur taluk, Bangalore Rural district, are virtually nonexistent. It's tough even for a bullock cart to navigate these roads. The value of dry agricultural land adjacent to the main road was Rs 50,000 per acre till February 29. But from March 1, it has ...
    Posted to My Bangalore Blog (Weblog) by 233134 on March 26, 2008
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