Thursday, December 30, 2010

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Alpine Eco Flat for sale

Alpine Eco 2 BHK flat for sale
With built area of 1055 sft.


The complex has all the facilites with swimmingpool
childerns play area, club house and lots more..

To know more about the flat and inspection feel free to contact us

Nasir Shariff
9844011876

Monday, December 27, 2010

Residential Plot for sale off Henuur Road

Residential land about 5888 sq feet,in Fern Meadows for sale and is situated Bidarahalli Hobili , Bangalore South Taluk.
This is about 7Kms from outer ring road and from Hennur signal.The Plot measures
east 63.6 ft
west 50.6 ft
north 101.8 ft
south 105 ft.
The plot has few fruit bearing trees like mango, pomegranate, guvava, and is the property of land owner.

The Fern Meadows has already about 50 houses where people are living happily and enjoying a peaceful healthy environment. The approach road to international air port is a high speed connection and connection to outer ring road is again with a good tarred road.

Plot owners are regularly constructing their dream houses and it is expected that by next year at least 75 families will be staying there.

For any further details feel free to contact us at 9844011876 / email us at nasir@mnrealestates.com

Friday, December 24, 2010

RMZ Corp Buys 25 Acres From Adarsh Developers

RMZ Corp, Bangalore-based real estate developer, has bought around 25 acres of land in the outer ring road area of the city from another developer, Adarsh Developers, to increase its footprint in the city. According to highly-placed sources close to the development, the land deal was clinched with an approximate value of Rs 4-5 crore per acre. "RMZ was looking for land in the recent past in the Bangalore market. They had also floated advertisements for the same. The present land parcel, which is in the outer Ring Road area of the city, is likely to be developed as a Special Economic Zone (SEZs) in the near future," an industry source said. Adarsh Developers had around 300 acres of land in the outer ring road area, of which the company had monetised this land parcel, he added.
8 Dec 2010 Business Standard

Plot for sale

Residential plot for sale at Bangalore North, on Hennur road, 7KM from the Ring Road.

The property is situated at Fern Meadows layout and the size of the plot is 5888 sft and its fully developed layout and lot of families residing at the layout

The price expected is Rs.2500/ sft

For any further details feel free to contact us

Saturday, December 4, 2010

Pent House for sale

Old Madras Road, close to Big Bazar 3 BHK duplex pent house with all
fittings / fixture carpark, the complex has the facilities like swimming pool, childerns play area, gym, party hall and with 100% back up power and 24hr Security...

Built area : 2250 sft
Price : 1.45 cr

For further details feel free to contact us

Nasir Shariff
9844011876

Friday, December 3, 2010

BBMP will decide on action plan to hike property tax by Month End

Get ready for a bigger hole in the pocket , BBMP is due to revise property tax by 15% across the board, with the first three years block, period under the revised self assessment scheme ( SAS) comming to an end with the current fincancil year, The civic body is looking at fixing an action plan by December End.

This is bad news for the common man, who has just got used to paying a steep tax under SAS. Payment of property tax has also just settled into some semblance of regularity.
But BBMP is hit by shrinking resources, and plans to get tough with collection of tax, its major source of revenue. While the target for 2010-11 is Rs 1,500 crore, BBMP managed to collect approximately Rs 800 crore.
The revised SAS law provides for a minimum 15% revision once every three years. According to the old SAS law, tax would be revised only once every five years.
But how far this revision will help in tax collection is debatable. The middle class, already buffeted by high prices and cost of living, may find the hike in tax rate a drain. Besides, there are many who haven’t managed to pay the tax, which saw a steep revision when SAS kicked in — this section may continue to evade payment. Even now, nearly 5 lakh properties are yet to come into the tax net. The people’s demand has been to retain the five-year revision schedule.
“We have not decided yet, but it should be made five years as our immediate focus is to get all properties under the tax net, as the revised SAS law came into effect before the council was elected. Increasing rates will be a problem, and needs to be discussed in the council,’’ said P N Sadashiva, chairman of the tax and finance committee.
Starting Thursday, the committee will hold a detailed twoday meeting to discuss collection trends across all eight zones of BBMP. “The final proposal for revision will be based on collection figures and trends,’’ Sadashiva added.

MOPPING IT UP


BBMP will decide on action plan to hike property tax by month-end
Civic body had targeted tax collection of Rs 1,500 crore, but has managed only Rs 800 crore
Revised law provides for 15% revision of tax rates every three years
BBMP to begin issuing notices to tax defaulters by next week
In case of non-payment, it proposes to attach movable properties of property owners

BBMP gets tough on tax collection


Post November 29, the clock for the 2010-11 block has begun ticking. But, at least five lakh properties have not paid any tax since 2008, say BBMP figures. Of these, 2.5 lakh are vacant sites.
BBMP plans to begin issuing special notices to defaulters by next week, demanding payment, starting with 2008-09 and 2009-10. In case there is no response, the Palike will attach movable properties of the owner. In case of rented properties, it will include the rent.

However, the plan for unassessed vacant sites is undecided, as wrong contact details are the main issue.

BBMP has tentatively decided to put up boards at these sites, slapping penalty for site cleaning and a three-time penalty for non-payment of tax.

The Palike is trying to garner funds from all possible corners to fill up its coffers and meet its budget target of Rs 8,446 crore. It should have essentially mobilized at least Rs 5,920 crore by now, but has only managed to earn Rs 1,444 crore.

Even in revenue collection, the civic authority is lagging behind. While, it should have earned at least Rs 2,414 crore by now, it has managed to pool in only Rs 620 crore. Besides, it’s collection from ads and hoardings, which was estimated to touch Rs 120 crore, has only reached the Rs 2.91 crore mark.

TOI-- 02/12/2010

Prestige Shantiniketan flat for sale

Prestige Shantiniketan Flat for sale

3.5 Bhk flat facing the club house, with
Built area of : 2292 SFT

Price : 3900 / sft Nego + all deposit extra

For further details feel free to contact

Nasir Shariff
9844011876

Thursday, August 26, 2010

Exclusive flat for rent at Outer Ring Road

Sobha Lavender
Outer Ring Rd

Exclusive 4 Bed room Duplex Pent House
with servant room / toilet & 2 private terrace Facing Lake.

Built area : 4500 Sq ft + Terrace : 1000 sq ft
Car Park : 2 nos

Rent : 75000 / month (Nego)
Adv : 10 Months.

For any further details feel free to contact the under signed

Nasir Shariff
9844011876 / 25582726

Thursday, June 3, 2010

Blogger Play FAQ

Blogger Play FAQ

Bangalore North New Project

Pre Lauch Booking started for a new Residential project at Bangalore north

Location : Hennur road
Distance : 2.3 Km from Ring road
Total Land area : 2.1 acer

Total Flats : 210 nos
Block : 4 nos
Floor : G+7

For further details and ur feed back email to us