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The significance of the bathroom in recent times has increased in terms of the amount of space dedicated to it and what it offers in the form of rejuvenation and indulgence. Consumers today perceive the bathroom as a personal haven for relaxation while transforming daily rituals of bathing and cleansing into a sensational and invigorating experience.
Risk management plan is an integral part of any financial plan. Creating a financial plan without risk management plan is like starting a journey without doing any preparation for the vehicle such as checking the stepney, break oil level and other conditions of the vehicle. Not doing all these...
There is a huge unmet need for low-cost housing in urban India. A large number of poor but earning households, now renting terrible places in slums, can afford to pay for and own low-cost homes. The technology to produce these exists and the institutional mechanism for them to come up has been partly put in place in the last few years.
Rental values in Bangalore witnessed some interesting trends in the Apr-Jun 2013 quarter. Localities like Koramangla, Banshankari Stage 2 and Yellahanka recorded a rise in rental values. Koramangla and Banashankari Stage 2 grew by 10 per cent each, while Yellahanka reported a 9 per cent increase in rental values as compared to the quarter ending March 2013.
Mayor D Venkatesh Murthy said the service will be thrown open to the public in phases, with the first covering 50 branches (IDBI Bank and Corporation Bank). In the second phase, 150 more bank branches will be covered by the second week of September.
Old Airport Road seems to have lost its sheen in a short term. The area witnessed a drop of 8 per cent, with prices ranging from Rs 3,800 to Rs 5,200 per sq ft in the Apr-Jun 2013 quarter. With regard to rental values, the locality reported a steeper drop of almost 23 per cent in the Apr-Jun 2013 quarter.
Real estate developers are increasingly cutting 10-15 per cent of their costs by adopting new construction technologies. At a time when buyers are complaining about developers not sticking to delivery schedules and delays stretching for three-four years, these technologies have come as a boon. Along with reducing the time taken to complete units, these technologies...
Real estate developers are increasingly cutting 10-15 per cent of their costs by adopting new construction technologies. At a time when buyers are complaining about developers not sticking to delivery schedules and delays stretching for three-four years, these technologies have come as a boon. Along with reducing the time taken to complete units, these technologies...
To rein in the depreciating Indian rupee and curb forex outflows, the RBI has banned resident Indians from buying real estate overseas. So it's a sudden change of plans for those who have been looking at this option. In June this year global property consultant Knight Frank told Prime Property that queries for overseas properties...
An Investor was happy with the decision he took in 1992. Instead of investing in a house, this owner of a property advisory firm bought a plot at Jay Nagar, Bangalore, where he later developed an office complex. "Office space gives you a rental return of 7-8%.
The Securities and Exchange Board of India (Sebi) is in talks with real estate industry bodies to see if the Real Estate Investment Trust (REIT) could be introduced in India.This would be Sebi's third attempt to put in a regulatory framework after its first two attempts over the last five years fell through.
The Securities and Exchange Board of India (Sebi) is in talks with real estate industry bodies to see if the Real Estate Investment Trust (REIT) could be introduced in India.This would be Sebi's third attempt to put in a regulatory framework after its first two attempts over the last five years fell through.
The Reserve Bank of India (RBI) wants banks and home buyers to be wary of the so-called '20:80, 25:75' schemes as a default by the builders could affect the credit profile of the borrower and expose the banks to higher NPAs and possible diversion of funds.
BANGALORE: Your dream flat in Bangalore's tony areas is set to leave a bigger hole in your bank account. The new market-based guidance value for property registration came into effect on Monday, pushing up the land cost by 30%-50 % in 90% of Bangalore city areas to 100% in the rest.
Real estate developers say the passage of the Land Acquisition Bill could push up property prices by as much as 30% in projects where land is yet to be acquired. The Bill, passed by the Lok Sabha recently, aims to provide higher compensation of four times the market value for land sold in rural areas and twice the market value for land in urban areas, among other benefits to landowners.
The proposed Mumbai-Bangalore Industrial Corridor is expected to connect Bangalore City in the north-western side of the city along Tumkur Road. Since the last 7-8 years (since 2005/2006), Tumkur Road and its surroundings are witnessing significant augmentation and improvement in terms of infrastructure in general and connectivity in particular.
Moving away from a scenario where buyers needed to negotiate their deals with mostly unorganized companies against the backdrop of an unregulated environment, the situation is now set to change as most builders are taking up brand-building as a serious task. With builders gradually recognizing the need to have a strong brand value and enhance...
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BANGALORE: The high court on Tuesday ordered notice to the government, KIADB and Bangalore Urban DC on a petition filed over two acres of grant land in BKPalya, near Devanahalli. A high court judge's son is said to have received Rs 1.24 crore in compensation from KIADB in lieu of the land.
BANGALORE: Behind the glitz and glass of IT City's high-rises, are a rash of slums, home to at least 25% of the city's population, which actively participate in its growth and functioning. Slums are increasing in Karnataka, a highly urbanized state with 37% of its 6.11 crore people living in cities.