Thursday 15 March 2018

Pranaam The Park in Sohna Road, Gurgaon

Pranaam The Park in Sohna Road, Gurgaon

Pranaam the Park is an all new stellar residential project which is set to provide the large than life extravagance and top class lifestyle to its dwellers through state of art of infrastructure, lush greenery and all the necessary amenities

Monday 26 May 2014

Bangalore's Top Posh Expensive Realty Area

Bangalore : Once Bangalore emerged as a IT hub of India, state government of Karnataka started to develop well connected roads with least traffic to reach most of the places within the city. Since then few places come into picture as the posh areas of Bangalore by the surrounding of infrastructure, shopping malls, educational institutes and IT parks. Now a days these localities also changed as the posh region of Bangalore with existing High-class areas of Bangalore. Millionaire of bangalore's real estate customer are looking for privacy, customization, classy technology (digital safety, electronic supervision systems, temperature control, and wireless), amenities such as helipads, and professional service and maintenance operators.Here we are listing few emerging and existing posh localities of Bangalore.

M. G. Road :

M. G. Road is one of the busiest roads in the city and is lined on one side with retail stores,office buildings, food outlets,shops, theatres and restaurants. Property in M. G. Road runs from Trinity Circle at one end to Anil Kumble Circle at the other It having large number of world class infrastructure, buildings and Metro Railway Station.(bangalore metro corporation limited)BMRCL constructed a boulevard adjacent to the MG Road metro station, under the elevated track and along the boundary wall of Field Marshal Cariappa Park. The boulevard has a musical fountain, decorated by coloured lights in the background. The city of Bangalore in it's rush to build infrastructure to support the IT boom has turned many major thoroughfares in the city into one-lane construction pits.

Sadashivnagar :

Sadashivnagar is One of the oldest posh area of Bangalore runs from Mehkri Circle in the north to Bashyam Circle a little way south. Most of the residents come from old families try to follow old Bangalore society to preserve their tradition and heritage. Movie celebrity, politicians, entrepreneur, industrialist reside near Sadashivnagar that's why these locality became too expensive and also very secured. Major banks include State Bank of Mysore, The Canara Bank, The Corporation Bank and the State Bank of India braches are situated near by areas of Sadashivanagar PRoperty.

Indiranagar :

Indiranagar is a medium sized posh areas in east Bangalore, Karnataka, India. It is bounded by the Ulsoor to the west, Domlur to the south, Byappanahalli to the north and Vimanapura to the east.This locality having big brand showrooms, pubs, cafes and star restaurants, educational institutions, well paying guest. Indiranagar is divided into 2 stages, with the 1st stage being the largest. Indiranagar is a cosmopolitan locality with people from all parts of India living in harmony with each other. The area was dotted with large bungalows and independent houses, mostly owned by defence personnel. The Information Technology boom in Bangalore in the late 1990s converted Indiranagar into a semi commercial area. Today, Indiranagar is an important residential and commercial hub of Bangalore.

Koramangala :

Koramangala is Situated in the south-eastern part of the city, It commands one of the highest property prices in the city and is considered by Bangaloreans to be one of the better places to live.commercialization of this locality in the form of shopping centres, malls and restaurants, increasing traffic and population increasing day by day.Unlike other places Koramangala realty market remains stable even during volatile situation.The stable property prices of Koramangala make the city one of the leading real estate markets in bangalore.Koramangala property market has done reasonably better than other major locality. 

Chennai residents unable to pay property tax online

The Corporation’s online system of property tax collection has stopped working over the past two months because of problems in its electronic data processing cell.
Several residents who have been trying to remit property tax have registered complaints with the civic body.
“I tried to remit property tax online on April 2. I was unable to make the payment. Officials claimed the problem was because of the Lok Sabha elections. I am unable to pay the tax online even four days after lifting of the model code of conduct,” said a resident.
“Online payment of tax is useful for a large number of people who reside in foreign countries and other cities. The number of residents using the online payment system is rising in the city,” said K. Suresh Kumar, a licensed surveyor.
More than 12 percent of the property tax collected last fiscal was through online and walk-in payment modes.
The Chennai Corporation collected about Rs. 480 crore as property tax from residents in 2013-14, an increase of around Rs. 19 crore over the previous year.
The previous fiscal, the tax amount collected through online and walk-in modes of payments was less than 10 percent of the total collection. “The increase in online payment is mainly because a large number of residents living in other parts of the country have invested in property in many of the 15 zones in Chennai,” said an official.
Property tax payment is made by residents living in other parts of the world using zone number, division number, bill number and sub number. Such assessees will be able to print the receipt for filing income tax returns. Officials said problems pertaining to electronic data processing in the civic body would be resolved shortly.
“We are generating manual receipts because of the problem with handheld machines. Changes in zone numbers could be yet another reason for glitches in the online system,” said an official.
The method of tax collectors making door-to-door visits for collecting dues is likely to remain the popular mode of payment, said the official.

Monday 5 May 2014

Bangalore Real Estate Market Shifted to Sarjapur Road

Bangalore : Bangalore has been the fastest - rising city of India since the past few years . It has been the main growth is responsible for insistent real estate development and the IT growth. Being the IT hub of India, Bangalore has a multi-cultural population with excellent social infrastructure, superb educational institutes and regularly upgrading physical infrastructure. Currently, the most promising residential micro-markets are Sarjapur Road.

Real Estate development are growing up around Sarjapur Road, and other areas around the Sarjapur Road are witnessing a rapid growth . Bangalore's South and East area are about to saturated. But if there's one part that's still seeing large real estate action, it's Sarjapur Road.

The rates of residential property at Sarjapur Road in East Bangalore have appreciated by just 6 per cent during the last five years. From Rs 3580 per sq ft in the first quarter of 2008, the property rates here have increased to Rs 3830 per sq ft in December 2012. The year 2011-12 saw a depreciation of 6 per cent in the prices of residential space when the average rates fell from Rs 4390 per sq ft to Rs 4110 per sq ft. The prevailing property rates in the area are around Rs 4000 per sq ft.

In most of the cases, the Real Estate units are made affordable by reduced unit sizes, compromising on amenities and other USPs which were naturally provided as differentiators to the challenging projects in the Sarjapur Road . inexpensive housing has seen stable demand on the outskirts of Bangalore, in all directions. Availability of large land parcels at lower price points has optimistic of these developments.Sarjapur Road is one of the most promising markets for villa projects in bangalore. Villa and row house developments, High-end residential property are most active with in Sarjapur are very sensitive in terms of amenities, product quality and unit sizes.

http://www.siliconindia.com/realestate/news/Bangalore-Real-Estate-Market-Shifted-to-Sarjapur-Road-nid-165743.html

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