Real Estate Forum on Real estate News for Bangalore

Vivarta Maagan, a residential apartment at Kamanahalli developed by Daya MK Developers Pvt Ltd. Kamanahalli is a prime location in Bangalore town and traveling to and from Kamanahalli is easy.

Vivarta Maagan offers a scale of two types of 2BHk and 3BHK apartments with a range of facial appearance with the intention to produce its residents a present design in their living interval.

Upkar Green Fields is a residential project in Bangalore developed by Upkar Estates located at Hosur Main Road.

What are the amenities provided by Upkar Estates ?

At present Maangalya has undertaken two Projects Maangalya Ashirwad and Maangalya Prosper.

Maangalya Ashirwad is a 14 Floor residential cum commercial project offering 170 exclusive apartments and about 1,00,000 Sq.Ft., of quality retail and office space on Bannerghatta Road.

DS-MAX SIGMA is an upcoming residential project in Bangalore. It is located near Electronic City.

Hey Rajni, Can you provide me some more information about the project?

Prestige Group has launched its new project Prestige Summer Fields in Bangalore.

Prestige Summer Fields located at Sarjapura Road. The project is spread over 12 acres of lush green land. 91 twin houses and independent villas will be constructed under the project.

HDIL plans to reduce its debt burden by sale of land. At present the debt amount has been increased to Rs 4000 crore.

Yeah even I heard that Godrej properties is planning to acquire 14 acre land in Bangalore from Housing Development and Infrastructure Ltd. The cost of the property is estimated at Rs 100 crore.

Lot of shops and restaurants are coming up in the place which does not have enough parking place for them. Those parking create traffic jam in the place.

Residential areas in Koramangala are being used for commercial purpose. Though the high court has directed not to use the residential areas for commercialization, BBMP has not put a check on the situation.

Most of the retired people are looking for the apartments in Kanakpura as the place is quiet and far from the city noise.

I feel the main reason behind the realty growth in Kanakpura area is because of the connectivity and high rising apartments.

The growth of the, IT automobile and healthcare industry stimulates the real state growth in the southern part of India.

As far as I know south Indian real estate market is really doing great in meeting the demand for office spaces and affordable houses.

The use of automation and modern technology makes the life simpler in the Smart homes. That is the reasons smart homes are more attractive to the home buyers.

According to the builders the smart home is the one that connects all the appliances in your home and makes it easier for you to access the controls of the appliances.

Hi Suresh, there are a number of alternate materials available which can be used for construction, such as- aerated blocks, UPVC materials etc.

I think ASK property is constantly looking for investment opportunities in the domestic real estate markets.

Hi Ganesh, now ASK has planned to invest in mid-sized development projects in key cities such as Delhi, Mumbai, Pune, Bangalore and Chennai.

The utilization of technology in lifestyle are the main point of attraction for the smart homes.

Hi Manjunath and Suresh, what is a smart home? I haven't heard of this before.

Hello Dhiraj... Following certain methods like the installation of solar energy or rain water harvesting can promote the green building.

With the growth of the real estate activity in urban India, the demand for energy and water is also increasing. To facilitate adequate supply of water and energy, the builders must promote the construction of green building.

Real estate in Bangalore city is nothing but a roller-coaster ride as the property prices are fluctuating rapidly.

On one hand the sale of apartments in Bangalore is decreasing and on the other hand the demand for luxury house is increasing.

Some areas in Hyderabad are witnessing higher increment in rental rates... For instance, AS.Rao Nagar has witnessed 27% hike in rents.. And Panjagutta 20% hike..

Hi guys, in my area i.e, Khadar Nawaz Khan Road of Chennai also saw nearly 11% rise in rental rates.

The Vijay mallya's Kingfisher towers is believed to have bid Rs 33,000 per sqf which is the costliest apartment in Bangalore city.

According to sources, the garden city has hit the highest residential price when compared to other cities in India.

Hey harish, as of now the government has access to the property deals where loan is taken for the transaction.

Hi Harish, also the government is planning to add all non loan deals in the central registry system.

Mainly the cost is increased because of the rising demand for the product.

Hi Dhiraj & Shetty, how much was the price increased by in recent past?

BDA is not only planning to construct a multi-purpose complex in Malleshwaram but also in Jayanagar 4th Block complex and KR Puram market.

Even BDA also has plans to reconstruct Seshadripuram market at a cost of Rs 17.85 crore.

I heard Bangalore is in the top.. Is it so?

Yes Pavithra.. Bangalore recorded total transaction of 3.6 million sq ft area while Mumbai has recorded 1.2 million sq ft transaction in the first three months.

Hi Padma, what is PID and how will it help?

PID means Property Identification Data...

Thanks for the details guys, but what could be done further to resolve this issue now?

The Flower Merchants' Association has decided to seek help from the High Court.

Hey! Ya if you planning to buy a property why don't you check out the uber-luxury residential projects launched by DivyaSree developers in Bangalore? It's pretty well planned!

Its a great news for Bangaloreans and property buyers that DivyaSree developers is launching a luxury apartment.

Its a fact that the EWS population at Ejipura in Bangalore are suffering midst the hide and seek game played by BBMP and government.

It is strange but true that the plans are still paused even after a MoU was signed between BBMP and Maverick Holdings.

The EWS houses which is supposed to be dream house for those people, today is considered to be a nightmare because of its highly priced houses.

Finally the concept of providing a housing for Economically Weaker Section families has come into action.

The execution of projects and sales bookings had improved for the real estate firms in the quarter ended March than in the precedidng 3 months.

Hi Manish, though the sales number has increased, the concerns remain same over the debt amount and cash flow.

Hi Anu & Ganesh, there are few other projects too, like Kingfisher luxury project.

Anybody knows more details of this Waters Edge project?

Bangalore has already welcomed a new apartment project "Water's Edge" by Essar Group's Equinox Realty.

According to sources, it is among the tallest buildings in the IT city, Bangalore.

Yes Sophia that's true. A luxury apartment in Kingfisher Towers was sold at that price.

The association was trying hard to avoid chaotic scene at the court. As far as I know the hearing is already done. Any new updates please?

To construct the luxury Kingfisher project. It is jointly promoted by Vijay Mallya’s UB Group and Prestige Estates.

Hi all, this project is the most expensive in Bangalore with apartments costing above Rs 20 crore. It consists of 82 luxurious apartments. It will have a helipad on the roof-top, great many amenities.

Hi Sitaram, our Finance Minister laid the foundation stone for the finance city being constructed by IIDL near the international airport at Bagalur. It is the first Indian Finance City.

I came to know that the Finance city will be built over 50 acres of land and all the leading banks and finance institutions will be placed in it.

Yes, It has been planned to construct luxury apartment in Bangalore

Kingfisher Towers in Bangalore will be the costliest luxury apartment which is under construction now. A flat costs above Rs.20 Crore in this project.

According to sources, there is an increase in the number of illegal buildings and apartments in Bangalore city. There are more than thousands of apartments which are illegal and no legal action has been taken against them.

Now-a-days Serviced apartments demand increases in Bangalore. The occupancy rate at these service apartments in Bangalore has shown a sharp rise from 20-30 percent to 60 percent.

Sophia, it is expected that if real estate earns industry standards then it helps in getting investment. Also it will bring great employment opportunities.

Hi Sophia and Pratap, you can read more on this topic by clicking Real Estate wants industry status.

As far as my knowledge goes, this will be of great help to the buyers. The chances of fraud will be lesser.