Bangalore - World of Real Estate Resources
Bangalore will have something like 120,000 flats ready for moving in from 500-600 property developers in Bangalore. Going by the trend, i think it may take sometime for the flats to be fully sold, but in a short time i think all of them get sold off. Great opportunity for investors too.
RBI Revise the Repo rate by 25 basis points. Banks will first increase the home loan rates immediately as they will get maximum benefit from 15 - 20 years loans. Citizens will need to pay up more for their existing and new home loans.
India’s Forex Reserve is at 195.9 billion as on today. There is a huge inflow of dollars in Jan to March which accounted for almonst 25 Billion in just 3 months.
With the new budget looking into new infrastructure projects for Greater Bangalore, citizens will be benefitted on the long run. Pay and Park system is back, There is allocation of Rs.5 Crore to tackle the stray dogs menance. The budget looks positive, even their are a series of new cesses introduced along with the taxes [...]
India’s BOP Surplus is at 16.1 Billion Dollars as on today. This is a very good news considering that in 1993 we were in real trouble with BOP. India has come a long way from that position and with a very big chunk of Forex reserves, India should be one of the biggest economic power [...]
Good News. Karnataka Cabinet Clears Phase I of the 1600 Crores 8 lane ring road outside Bangalore, where the land procurement process has started by the BDA. This will be one of the biggest flagship projects of BDA. It will be built to international standards. You all people know we had and still have issues [...]
I have idendified four investment opportunities, two in USA and two in India which are sure to get you a good return in the long run.
Investment in USA.
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1.Angel investment in a internet company which has already gone live. Minimum investment is $200,000/single person for a predetermined stake less than 8% of the entire stock at [...]
I wish to announce the launch of a small real estate portal for Bangalore.
http://www.listika.com
We already have some few Milestones achived.
1. We have more than 1100 Crores+ worth properties listed in our listing section which are available for sale in our portal.
2. We have more than 1000 page views/day within 15 days of launch.
3. We have [...]
I wish to thank Mr.J Turner for the image of my blog. The credit goes to this gentleman who takes excellent photographs. More photographs can be found on his website.
http://www.jturnerphotography.com
Thanks once again.
Prasad Setty
President and CEO
Hanover International
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