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IT-realty nexus of Bangalore
Sep 18, 2013
BANGALORE: The story of Bangalore’s real estate market is intrinsically linked with the city’s information technology sector. The city now has a reason to cheer as it has been named among the top eight technology innovation clusters in a global rating by the Massachusetts Institute of Technology’s Technology Review, a magazine on innovation.
Improved infrastructure leading to development in Bangalore West
Aug 23, 2013
BANGALORE: Bangalore west is a market that is coming of age. One of the early residential areas with industrial growth, this region has now opened out to witness stand-alone commercial and integrated developments. Connectivity has led to a significant boost in the development of this region – the Tumkur Road highway, improvements to Mysore Road and Magadi Road with connectivity enhanced through the Outer Ring Road (ORR). With the Metro line soon to be inaugurated between Peenya and Sampige Road,
Bangalore accounts for 31% of new residential units launches across India
Aug 02, 2013
BANGALORE: Over 10,500 residential units were launched in Bangalore in the second quarter of 2013, accounting for 31% of the total launches, says a Citi report.
Guidance value for Bangalore is set to rise by 40%
Jul 26, 2013
BANGALORE: The official cost of land is set to go up 40% in Bangalore, with the government announcing new guidance values, which will be revised every year. The revenue flow will be used to fund the government’s populist schemes.
Karnataka govt to revise guidance value every year
Jul 25, 2013
BANGALORE: Karnataka government has decided to set up a land evaluation committee to advise government on the revision of the guidelines value ((official cost of land). Based on its recommendations, the state plans to revise guidelines value every year from now.
Karnataka to raise Rs 1,000 crore for IT investment region project
Jul 23, 2013
BANGALORE: Karnataka plans to raise a loan of Rs 1,000 crore to acquire land for the Information Technology Investment Region (ITIR) project. The project is to come up near theKempeGowda International Airport.

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