Category Archives: Investment and Market Trends

Bsnl sites for sale in Bangalore

BSNL sites for sale in Bangalore. Ultimate Residential Layout

BSNL IT PSU & OTHERS House building Co-operative Society Limited launched its new project BSNL IT housing Society Royal Sunshines Devanahalli-Doddaballapur National Highway 207.  BSNL Housing society  Royal Sunshines is a unique residential layout among all the House building co-operative society projects in Bangalore.
Luxury, Location, and Low-cost make these BSNL sites the most desired and lovable project near the Bangalore International Airport
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bsnl sites
Club House
Bsnk IT Housing society Roads
Bsnl IT Housing society Roads
BSNL IT Housing Society
Bsnl IT housing society Swimming Pool
Bsnk Housing Society Sports Complex
Bsnl Housing Society Sports Complex
Bsnl Housing Society Auditorium
Bsnl Housing Society Auditorium

Neighbours at Glance of BSNL sites Royal Sunshines.

  • Adjacent to NH 207(Proposed 90m STRR peripheral ring road)
  • 9km from Devanahalli & 9km to Doddaballapur
  • Attached to Vishwanathapura village
  • Less than 1km to Bangalore north DC Office
  • Gitam University & Vihaan public school
  • Adjacent to proposed 2500 acres ITIR SEZ region
  • Close to Nandi Hills & IVC Road
  • Surrounded with L&T, Textile park Doddaballapur
  • Close to New stadium

Amenities of BSNL sites

  • Asphalted Roads
  • Box type Drains
  • Path-Ways
  • Green Park
  • Borewell with overhead tanks
  • Electric Power with transformers
  • Auditorium
  • Club House
  • Sports Complex

     BSNL IT Housing Society


    Frequently Asked Questions about BSNL sites

    1 Does this society follow National Green Tribunal norms and regulations for lake zone and storm water drains?
    bullet
    Yes. 75 meters for lakes. 50/35/25 depending upon the category of Rajakaluve.
    2 When was Housing Society set up?
    bulletThe housing society was set up in the year 2015. The registered number is HSG-1/166/HHS/47959/2015/2016.
    3 Membership and Plot allotment is it legal for members outside the parent Department?
    bullet
    Yes. It is legal from the year 2009. Karnataka Government has issued gazette notification on 3rd Nov 2009.
    4 How many membership categories are there in Karnataka Co-operative House Building Act?

    bulletFour categories of memberships. For parent company employees
    Membership under the category of Regular Membership. For others
    under the category of Associate Membership.
    5 Do they have registered office in Bangalore?
    bullet
    Yes in Devanahalli.
    6 Is there any provision in Co-Operative Housing Society Act to transfer allotted sites to another Society/association?
    bullet
    Chapter 16 –E of Co-Operative Housing Society Act clearly says
    membership can be transferred to a firm, a company or anybody/
    corporate constituted under any law for the time being in force
    including a society registered under the Karnataka Societies Registration Act, 1960.
    7 Are there any additional charges to be paid?
    bulletRegistration Charges extra and betterment charges as per BIAAPA norms at the time of registration. (app: 15-35/sqft).

    Vidyadhar Naik    

    M: +91 9035611299   +91 9663645980

Farm House and Farm Land in Bangalore Call: 09035611299

Farm land and Resorts in Bangalore
Vinayaka Green Valley View and Resorts

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The Mumbai-Bangalore Corridor is likely to have exponential growth in residential, commercial and industrial segments along Bangalore-Tumkur National Highway NH4.

Why one should invest in the Bangalore-Tumkur Corridor.

1   Elevated Express and Flyover connectivity from Bangalore to Tumkur.
2  Bangalore Mysore Infrastructure Corridor (BMIC)
3  Metro Rail Phase I and II
4  Proposed Peripheral Ring Road
5  Presence of Global corporations like such as ABB. Kennametal, Widia,     ITC,Volvo, BOC, Reliance Packing Industries,etc. apart from                   small scale industries manufacturing ancillary parts for PSUs, automobile industries, garment industries, etc
6  The 14,000-acre zone around Vasantanarasapura village, will incorporate the Smart City and a Japanese village under National Investment and Manufacturing Zone (NIMZ
  A tech hub nearly 42 times the size of Electronics City is coming up in Bangalore’s backyard, complete  with a Japanese village and road, rail, and port connectivity). About 35 per cent of the land is to be dedicated to the manufacturing sector only. A food park will come up over 100 acres, while a machine tools park will get 500 acres
7 The likely investment into the zone is Rs 50,000 crore under NIMZ.
8  Estimated 2.5 lakh jobs, direct and indirect once MIMZ project completed.
9  The shifting of the Peenya industrial belt to Dobbaspet is also going to help Dobbaspet and surrounding area picking up its industrial activity.

Also see

http://www.business-standard.com/article/economy-policy/mumbai-bangalore-corridor-metro-to-transform-tumkur-road-113061301105_1.html

http://www.bangaloremirror.com/bangalore/cover-story/Bigger-by-42-fold-Tumkurs-NIMZ-will-give-eCity-a-complex/articleshow/38333013.cms

 

By  Vidyadhar Naik  M:9035611299

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Flats below 30 lakhs in Bangalore

Flats below 30 lakhs in Bangalore

Flats below 30 lakhs in Bangalore expected to be in more demand in the coming months in Bangalore. Bangalore is all set to see  increased  sale in housing from mid income group buyers in 2014. I list following factors for this expected good growth.

1Economic Environment:

CPI and Core Inflation value predicted to be under control. GDP likely to touch above 6 at the end of fourth quarter 2014-15 as per world Bank prediction. Over all it is going to be blend of transition and error correction year 2014-15 for India.

2 Housing Loan:

Housing Financial Institutions are getting equipped themselves with funds to support mid income group home buyers for housing loan. Recent arrangement of LIC HFL from overseas markets through external commercial borrowings (ECB) for $ 300  M  got approval from RBI is clear indication for this housing segment. Housing Financial Institutions are likely to target on flats below 30 lakhs in Bangalore

3 Infrastructure-Bangalore:

20-minute ride between the Kempegowda International Airport and the Hebbal flyover is on the verge of becoming a reality. First section of the six-lane measuring 3.7 kms elevated expressway along the Bellary Road and leading to the airport from Hebbal flyover to Kogilu Cross, after Yelahanka was made available to public on January 1st 2014. The two other sections of the expressway will be ready and thrown open to the public in 30 days. There are at least 20 major roads which are to be completed by April- May 2014. This will help buyers to look for houses in around theses area which are connected to major real estate corridors of the city. Road infrastructure development on the peripheral of NICE road has opened up new Real Estate corridor.

Metro Phase I to be fully ready by March 2015. Commercial operations between Peenya and Malleswaram would start at any day from now. Phase I span a length of 42.3 km and consist of 2 lines. M. G. Road to Byapanahalli in operation. Peenya to Nagasandra, Sampige Road to National College, National College to RV Road expected to be completed by DEC 2014.

The State government has decided to go ahead with the construction of a state-of-the-art peripheral ring road around Bangalore at a cost of Rs. 5,800 crore It would be a six-lane or an eight-lane road and the total length would be about 65 km.

State government trying its best and serious efforts to make infrastructure development of the city to fulfill its promises to Bangalore citizens and as well as keeping in mind coming MP Elections. These rapid developments would certainly reduce commuting time for Bangaloreans by 40% by the end of this year. Travelling time from dwelling places to work place or business place which is a major headache for Bangaloreans, likely to be solved in the next 12 months.

4 Civic agencies

BDA/BMRDA/BIAAPA/BMICAPA have put their norms and regulations in place. These agencies appear to be clearer about their responsibilities and their governing laws. This would create more confidence in buyers especially in mid income group who are looking for transparent buying process systems.CDP Plan of 2014 give clear picture about zoning areas and regulations. Metro Politian Committee expected to solve problems of Real estate community by making technical process and implementation corrections to obey  and implement High Court order in 3-4 months.

5  Real Estate Community:

Above and all entire Real estate community which includes Government Policy makers, Different Associations, Builders. Developers, Corporate real Estate houses, Property advisors and Consultants are evolving towards organized Real Estate sector.

I would like to conclude saying that Governments, Local Civic agencies, Housing financial institutions and organized real estate sector will provide a platform of fair and transparent deal for all buyers especially mid income group buyers in 2014. Let us also keep watch on inventory of unsold properties of the  year 2013-2014. Whether the sale comes from Information Technology professionals or investors for gain, but 2014 will be better one for  for flats below 30 lakhs in Bangalore

 

Following article may be useful to you:

http://bangalore-realestates.blogspot.in/2014/01/capital-gain-in-property-sale_11.html

 

LOCAL SPACE

Vidyadhar Naik-Property Consultant