Latest Answer: Builders like SJR, DLF and Confident Group has raised prices for their project but on the other hand builders like Sobha Developers and Prestige Construction have kept prices stable.
Latest Answer: 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.
Latest Answer: With the launch of “Mantri mall“, the mall culture started in Malleswaram locality and next come the “Orion mall”. So BBMP is busy demolishing the street side shops.
Latest Answer: Yeah Mahi, I am residing in HAL 3rd stage. We were happy that after long time they were replacing all the old pipelines but now it has become nightmare for us because they have left the work half done which is creating problem during night time.
Latest Answer: Thank you Vijay... this is a good security to investors. Otherwise builders can take any decision on their own. But this rule will make them think twice before delaying the project.
Q:
The higher rate of interest for any loan reduces the investment in the real estate. Is there any decision taken by the lending authority to overcome the situation?
Latest Answer: There footpaths are much better because in some areas of Bangalore the footpaths are not yet constructed and is left open causing threat to pedestrians in the city.
Latest Answer: Yes Pratap, you are right. In the last year more than 13 million sq ft of office spaces are consumed by different companies in Bangalore.
Latest Answer: Hello Santhosh, there are many new rules in the revised plan which are advantageous to buyers. The builders are not allowed to construct 5 floor apartments unless the construction site is surrounded by a 12 meter wide road.
Q:
The roads of the rural Karnataka needs quick repair. Why the government is delaying to initiate the repair program for the rural roads in Karnataka?
Latest Answer: MLA's form charitable trusts and get lands at cheap rates. They create fraudulent reports showing less income levels but make crores and crores of profits.
Latest Answer: Hey Santhosh, the Punjab Government has planned to construct 15,000 toilets in various places in the state to improve the livelihood of people. This project would cost Rs. 28 Crore and it is even planning of more construction in the coming years.
Latest Answer: Hey Santosh, I reside in Indiranagar, road blockade is the main issue faced by us. There is regular road blockage on 12th Cross of 13th Main in HAL 2nd stage.
Q:
The real estate sector has lot of unfair activities related to business promotion. Is there any kind of regulatory authority or bill to protect the buyers?
Latest Answer: As per my knowledge, the BBMP commissioner said that he has already proposed for construction of 13 multi-storied parking spaces at various parts of the city.
Latest Answer: JRD Tata Nagar Residents’ Welfare Association is planning to sink a borewell and the civic body will provide the water filter for the sewage that gets in the water.
Latest Answer: The traffic problem is getting worse day by day at outer ring road. The life of the commuter who travel from Central silk board junction to HSR Layout 14th Main have become miserable.
Latest Answer: Till now many drains from which silts have been removed and has not been put back which has created a tension between the residents of Muneshwara Block ‘F’ cross.
Latest Answer: From past six years the plan for subway construction project is on papers and it seems that the construction will still get delay further.
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