Q:
Koramangala is a preferable place for residents. Why the traffic situation of the place became worse day by day?
Latest Answer: As far as I know BBMP authority has set up a committee to check the violations.
Q:
What are the reasons of the rapid growth of the real estate in south India?
Latest Answer: The improved transparency and visibility of the real estate markets in Bangalore, Chennai and Hyderabad have attained a place on the global real estate map.
Q:
Few days ago in Bangalore a chopper landed on an apartment. Which apartment was that and where?
Latest Answer: The incident happened in the GM Palya residential area when the engine of the chopper failed and safely landed on the top of the apartment.
Q:
Hello guys, who can buy the UB city in Bangalore?
Latest Answer: Different private equity firms are planning to buy the UB City.
Q:
Hi all, please tell me in what ways Green Housing could be implemented in real estate.
Latest Answer: Right Pavithra, by using solar energy and rain water harvesting technique, water and electricity can be saved efficiently.
Q:
What are the reasons behind the rising cost of cement in the market?
Latest Answer: Also because of all the technological advancement in manufacturing it.
Q:
I have been hearing about these gas tanker accidents near Bangalore! Where it is being happening?
Latest Answer: According to sources, Officials have suggested that laying a pipeline between Mangalore and gas units will solve the problem.
Q:
How will the BBMP find out the status of any apartment?
Latest Answer: This will also increase the revenue collection...
Q:
Since the RBI has cut the repo rates, now are the housing loans affordable?
Latest Answer: This gives the home loan customers a greater flexibility to opt for other banks for better interest rates.
Q:
Is there any improvements found in the EWS housing sector scheme which was supposed to be delivered by now at Ejipura junction?
Latest Answer: Thanks for sharing the news with us, it is an informative news and we came to know what blame game is going between the government and BBMP.
Q:
Hai, what is the current square feet rate variations in Bangalore city?
Latest Answer: I am surprised to answer your question, however it is a fact that the current square feet rates starts from Rs 2000 and the recent highest recorded rate in Bangalore is Rs 33,000 per sqft at Vijay Mallya's Kingfisher towers.
Q:
Hi guys, do you know 120 trees have been auctioned off in Mysore road?
Latest Answer: This is really bad. Last week only govt. had cut off 18 trees and now it has auctioned 120.
Q:
Hi please tell me is it a good choice to invest into real estate? How is the market condition presently?
Latest Answer: The present real estate scenario is still undisciplined so if you are planning to invest into real estate think twice as there are instances many where the builder fails to provide the projected returns due to many circumstances.
Q:
Is it true that the Suncity apartment surroundings is covered with illegal encroachments? Is there any latest update about this issue?
Q:
Why is HDFC Bank lending 150 Crore for?
Latest Answer: 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.
Q:
Affordable housing program is being encouraged by all the nations. What will be the outcome of the Oman summit?
Latest Answer: Dhiraj, it is said that in the Oman summit, experts from all over the world are going to discuss about the solutions to the challenges of the housing sector and about developing affordable housing for low and middle income segment.
Q:
How good is the demand for service apartments in Bangalore?
Latest Answer: Service apartments are always a good option and service apartments in Bangalore are is great demand.
Q:
Hi All, Can someone tell me what are the reasons for delay in completion of projects in Metro cities?
Latest Answer: Thanks Aadi, for sharing the article link with me. I have read the article and it is very useful.
Q:
When will the drain work between Garuda Mall and Magarth Road-Brigade Road junction be completed? It is almost 16 months now!
Latest Answer: The road was about to get open by March previous year but till date there is no sign of opening the road. No tentative date has been provided and the BBMP commissioner claims that the problem will be fixed very soon.
Q:
Why the buyers are not showing that much of interested in buying apartments in Mohali?
Latest Answer: The primary reason is lack of growth of Industries in Punjab. None of the bigger Companies are willing to come to Punjab with their ventures. The Onus is on the state government to Promote Mohali as a city which can give benfits to the corporates and industries by giving them additional benefits. This would bring overall growth to the region thereby fuelling more Jobs, opportunities. Currently there is no such evident initiative visible. Hence the lack of interest.
Q:
What are the latest project they are launching in Bangalore?
Latest Answer: There are many new projects are launching in Bangalore.
Q:
How government will encourage builders to build the green houses?
Q:
Why isn't BWSSB giving fair supply of water thought Bangalore city?
Latest Answer: The demand for water has increased but the supply of water has reduced. Factors such as scarcity of water in summer, depletion of water, inadequate quality all these and many other factors are responsible for the improper water supply in Bangalore.
Q:
Apart from banks what are the other option for getting funds for real estate?
Latest Answer: The highly networth individuals are a good financing option now a days. However they are still not showing that much of interest in investing into realty. To get more details about HNIs you can refer
HNIs are less interested to invest in Real Estate at commonfloor.com
Q:
It is observed that the Real estate development is in a halt now a days. Is there any project available for luxurious villas in Bangalore?
Latest Answer: Sobha Lifestyle.. One of its kind project is a villa project. to know more kindly visit www.sobha-lifestyle.com
Q:
Why builders opposing construction of low budget apartments in the same premises of luxurious apartments?
Latest Answer: That is all marketing promotional program. Any buyer who pay for a luxurious home may not opt to stay in a neighbourhood of a low budget apartment. that may affect the selling of the high valued projects. That is the main reason the builders are opposing to build budget apartment in the same land of their luxurious project.
Q:
How government will control the distribution of apartments among the lower income group? On what basis the allotments of the apartments will be done to the lower income group?
Latest Answer: Government will decide for the allotment of apartments based on the application from the lower income group. Government may also ask the respective builders to provide the apartments to respective persons. There must be some governance on the allotment.
Q:
The garbage pile up seems to be increasing in Bangalore city. I heard that even the service roads are being dumped with garbage. Is this true news and what action has BBMP taken over this issues?
Latest Answer: Yes the news is unfortunately true and I do not think BBMP is going to take any action regarding this issue. The rubbish has not been cleared on daily basis and I feel strict rules should be made against the offender.
Q:
Has the tree census begun in Bangalore city? Follow up to this what initiative will be taken to increase greens in the city?
Latest Answer: Yes Its wright movement,but only counting is sufficient,govt should give emphasise to plant more trees and should take care present with the help of experts.must also think to plant useful tree sp.to maintain biodiversity will also help in control city pollution.
Rajiv Patil
09820489921/09223227239
Q:
Hey how did the fire break out in Bangalore's Russell Market? Was it because of short circuit?
Q:
Can we expect to see Bangalore as a slum free city?
Latest Answer: Good news Guys!!! BBMP along with Housing and Urban Development Corporation Limited has decided to take the initiative of making Bangalore a slum free city. They came to the conclusion of providing help to the urban poor at lowest rates. BBMP and HUDCO have decided to construct cluster homes for the poor. Around Rs 150 crore has been allocated for construction of such houses.
Q:
I heard that recently Bengaluru Metropolitan Task Force took out the scam on solid waste management. Did BBMP response on the report submitted by BMTF?
Latest Answer: Even I heard that BMTF found that BBMP officials were irresponsible in meeting the guidelines in transporting garbage. It also ascertained that there was no correct records of payments, salaries or employees’ attendance.
Q:
Now BBMP already has to pay Rs 60 crore as interest against loan. What else is remaining?
Latest Answer: Yeah you are right, BBMP has to part with Rs 60 crore as interest annually for the loan of Rs 500 crore which it got after mortgaging KR market. It is really a bad news that BBMP is under debt, it this continues then BBMP will sell the whole of Bangalore very soon to clear its loan.
