Blog Posts - Realty News

IT sector drives commercial space demand in Bangalore

Bangalore office market is expected to absorb around 8 million sq ft by end-2013 followed by revival in demand from IT/ITeS sector."Bangalore saw 118 per cent Upsurge in absorption in Q2 2013 over Q1 2013. However there is a drop of 28 per cent as co...
by Bangalore Property News on Oct 9, 2013

BBMP inaugurated the facility of property tax payment at banks

Tired of standing in serpentine queues at BBMP offices and Bangalore One centres to pay property tax? Now you can pay at computerized kiosks in several banks.BBMP on Monday inaugurated the first such facility at the IDBI Bank branch on Mission Road.
by Bangalore Property News on Aug 20, 2013

‘Blank space’ way of defrauding the govt

Agreements for sale registered in Anekal have blank spaces where the transaction value should be mentioned. A piffling Rs 200 has been paid as stamp duty.In a new species of land scam, in which sub-registrars and real estate middlemen are the key pla...
by Bangalore Property News on Aug 16, 2013

Shriram Properties to bid for Britannia's factory land in Chennai

Britannia Industries, well known India’s largest publicly held food company, has at last finally decided to sell its factory as well as the land spread over 16 acres in Chennai’s industrial hub- Padi. According to information revealed, the compan...
by Bangalore Property News on Aug 14, 2013

Regulatory Bill must include all the stakeholders

Terming real estate (regulatory Bill as a populist measure, realtors’ body CREDAI), said that the proposed law should govern all stakeholders of the industry and not only the developers.The Real Estate (Regulation and Development) Bill, to be intro...
by Bangalore Property News on Jul 18, 2013

Real estate bill to revamp the real estate sector

The Union Cabinet has approved the bill to set up a regulator for the real estate sector with provisions for jail term for the developer for putting out any misleading/beguiling information or advertisement about projects.The Real Estate (Regulation...
by Bangalore Property News on Jul 15, 2013

Residential property investment in bangalore

The best performing areas in 2012 were Hebbal, Heenur, Jalahalli, Hebbal and RT Nagar in North Bangalore. These locations saw the highest demand and appreciation during the year 2012 just because of connecting proximity in North Bangalore.
by Bangalore Property News on Jun 30, 2013

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