Rupee fall lures NRI investment to Bangalore

A sharp fall in the rupee has prompted developers target NRIs in the residential real estate market in Bangalore. To make the offering attractive, developers plan to provide extremely customized high-end options for end-users.

Premium housing project coming up at Whitefield

One of the best builder in Bangalore is coming up with a new project near Whitefield.

The exclusive enclave covers 20 acres and will have 166 twin houses and independent villas. It will have 3BHK, 4BHK on offer.

 

TVH launches premium apartments in Adyar, Chennai

Leading builder of Chennai has announced a Rs 600-crore super premium apartments project in the city.

Located on a 2.2-acre plot, the 18-storeyed building will have about 100 units with a size of 2,000 sq ft to 4,000 sq ft.

Super Luxe Apartments coming up near Jakkur Flying Club

Super luxury apartment complex for the elite of the society is coming up near heart of the city. 

This exclusive gated community project is coming up near Jakkur Flying Club. The automated homes come equipped with in-line air-conditioning, Italian marble flooring, modular kitchens.

Bangalore sees spurt in villa projects

Unlike earlier, over 15 developers including leading players are now focusing on villa developments due to the growing demand for lifestyle villas in Bangalore. The stiff competition has put pressure on prices, thrust on amenities hitherto unheard of and focuses on neighborhood selection all of which are becoming essential ingredients while developing and marketing villa projects in the city.

Boost for the Bangalore Suburbs

Close on the heels of the State cabinet's decision to clear Phase II of the Namma Metro project, Asia Development Bank (ADB) in what can be seen as a first in the country, has agreed to disburse USD 250 million directly to the Bangalore Metro Rail Corporation Limited (BMRCL) without a guarantee or routing it through the government.

The ADB has agreed to disburse the loan directly after being convinced of the Metro Rail project's financial viability, having conducted a study on the various facets of the Metro for nearly two years. This gives a shot in the arm to the BMRCL which is at various stages of construction of Phase I of the project.

Properties near Bangalore Airport to see appreciation

The six-lane elevated 3.72 km road over the existing road to the international airport has changed the topography of the area. This elevated project by the National Highway Authority of India (NHAI) is at various stages of construction from Hebbal to the Yelahanka railway-under-bridge. Estimated at a cost of Rs 608 crores, the toll rates on this route will be revised once the project is completed and the drive to the airport becomes seamless and signal-free.

Though the elevated project is not continuous and runs only up to a distance of 3.72 km, the remaining 4-5 junctions on this stretch will have either flyovers or underpasses. At least two flyovers, two underpasses, one pedestrian underpass and one cattle underpass will be constructed on this road by the NHAI.