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PROPERTY NEWS FOR YOU

Month

May 2014

Mysore – Bangalore highway as a 6-lane express way

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23rd May 2014, Mandya localites along with a few farmers protested near Mandya circle against Government’s decision to make Mysore – Bangalore highway as a 6-lane  express way. The protesters led by Yogananda Patel and Mari Gowda, Gram Panchayath member, Tooganakere submitted the memorandum to the District commissioner of Mandya. Yogananda Patel also submitted the memorandum to MLA Mr. 
Ambareesh, PWD Minister, Mr. H.C Mahadevappa and MP Mr. C.S Puttaraju in Zilla Panchayath Office.The main topic of the memorandum was about the State Government acquiring land for road broadening of Bangalore – Mysore highway. The memorandum said that there has already been land acquisition for the construction of the Bangalore – Mysore infrastructure corridor by Nandi Infrastructure Corridor Enterprises 
(NICE) Ltd. The Making of 6-lane by the State Government would mean acquiring  new land. It would also mean levy of toll on the uses of the 6-lane.
The memorandum proposed that if toll has to be anyway borne by commuters the proposed 111-km NICE road itself can be used instead of the new one proposed by the State Government.

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expectations on new government

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“BJP / NDA’s Majority in the Parliament will be a defining moment for the Country in general & Narendra Modi in Particular. For citizens hope has been rekindled for a bright future for the country. Now the ball is in Modi’s court to deliver results and surpass people expectation. Let us hope & pray that BJP will act decisively & with maturity keeping India first in mind.” M.R Jaishankar, Chairman and Managing Director, Brigade Group.

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After the results investments across industries would start pouring in. This is especially true for Karnataka, because the Government of Karnataka has attracted potential investments not just in the IT sector but also in automobile and engineering sectors. These investments will create a lot of jobs, which will result in increased demand in the real estate industry. The new government at the Centre would definitely focus on development, which should also augur well for the real estate market.-Mr.R.Nagaraj, President, CREDAI, Karnataka

 

Luxury brand Queo introduces the F-Mosaic series An exquisite range of faucets with hand crafted stones

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BangaloreMay 16, 2014A leading purveyor of bespoke bathrooms from Barwood UK, brand QUEO has introduced the F-Mosaic line of faucets. The collection brings to the bathroom the unique art of mosaic rooted in ancient civilisation going back to the Bronze Age. Designed by reputed product designer Antonio Cristofaro, the collection is available under two series – F-Mosaico and F-Mosaico Oro.

Created with hand crafted mosaic from Bisazza, Italy, the series in Black and Gold is presented under F-Mosaico while the F-Mosaico Oro series highlights muted shades, blue, green and gray mosaic cut to perfection and delicately placed to provide the faucet a non-disruptive, yet distinctly opulent look.

Single lever basin mixer, Wall mounted bath spout and Single lever bath & shower mixer for concealed installation constitutes the F-Mosaic line of faucets.

 Mr. V. Krishnamurthy, VP, Queo said, ‘the Sanitaryware market in India has been witnessing the increase in demand for luxury sanitaryware products over the last few years. Growth of organized brands, development of new real estate projects and appreciation of design among Indian consumers are major contributors, shaping the industry today. And, brand Queo has always been at the forefront of innovative design, which can be seen in the works of Antonio Cristofaro designed faucet range, the F-Mosaic’‘The skilful unification of design and engineering by Antonio has combined Queo’s unmatched functional expertise with a promise of superior experience. The faucet range will surely give customers a delightful experience they desire’, he added.

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 The F- Mosaic from QUEO have a price range starting from INR 25,000/- onwards.

Indiabulls Housing Finance Ltd. clinches the prestigious cricket tournament title

  Wins the BLE champions trophy

Bangalore  12 May, 2014: On Wednesday 7th May 2014, Indiabulls Housing Finance Ltd. defeated Amber Technologies to win the esteemed BLE champions trophy in the corporate cricket circuit. The tournament which began on 23rd February 2014, concluded on 7thMay 2014 when IBHFL, chasing 124 to win their final game, secured victory by notching up 127 runs for the loss of 2 wickets in 16.4 overs. Batting first Amber technologies had set a target of 124 runs all out in the allotted 20 overs. Chethan S, with his 54 runs and 2 wickets was declared the Man of the Match.

The winning team received the BLE Champions Trophy, while all other players each received a medal to reward their impressive performances. Mr. Vishwas Shetty (Zonal Sales Head & Team Captain) said: “The tournament was a fantastic success. We had good weather, excellent cricket and a team who played the game in a great spirit. It was very pleasing to see IBHFL win the tournament for the first time since the team formation in 2012 and I look forward to seeing the boys defend the title in 2014.” He further added, “Though IBHFL team had made it to the finals of top Cricket tournaments like Infosys Cup and Kingfisher Cup, this title is their first triumph. We wish them success for all future tournaments”

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