Posted on 25 June 2009. Tags: belgaum, jakkeri honda, karnataka housing board, railway over bridge
Karnataka Housing board (KHB) is constructing huge towers at Jakerri honda near the railway over bridge and the construction is going on full swing. It was in trouble when an RTI unearthed that the building was illegal and did not have the requisite permissions from the corporation. What has happened after that is still unknown.
Now 190 flats of 1, 2 & 3 bedrooms are being put for sale by KHB. Forms are available at the Axis bank Congress road branch.
The single bedroom flat will be of 974 sq. feet, 2 bedroom 836 sq.ft and 3 bedrooms flat will be of 1199 sq.feet.
The price fixed is Rs.1750 per sq. feet. So for a 1 bedroom flat you need about 15 lakhs.
The said building is being constructed to provide housing at affordable rates but by no means these are affordable and also that the KHB said that the building was for accommodating government staff.
1750 seems to be very high price as nearby residential areas cost anywhere between 1000 to 1500 sq. feet and this building is in very close proximity to the railway track, this could be a cause of concern.
The KHB website still does not have any information about this and advertisement for the sale of flats has appeared in news papers but I haven’t got my hand on it yet.
Related posts:
http://allaboutbelgaum.com/infrastructure/khb-building-building-without-permission/
Posted in Housing Commercial, Real Estate
Posted on 11 February 2009. Tags: belgaum, commercial, hosing, land prices, Prices, Real Estate
In this global recession the prices of land and flats have not gone down in Belgaum. I have been mentioning the same from a long time.
The prices of flats have come down but that’s attributed to the reduction in cost of raw materials and nothing else and the decrease is also not commendable.
All are doing a wait and watch policy here. People interested in buying are not yet making a decision yet. The buyers expect the prices to go down but the builders don’t.
One more notable factor I realized is that as other companies are reducing their costs on advertising the Real estate companies are increasing the spend at least in Belgaum. Huge hoardings of Queens court, Heda Builders are up in many places in the city. There are another few also I have seen like Nasco developers.
Here are a few prices of land taken from the Tarun Bharat.
Rates:
Bogarves area: 30 to 40 lakhs per Guntha
Khanapur Road: 30 to 40 lakhs per Guntha
Club Road, Civil Hospital road: 25 to 30 lakhs per Guntha
Maruti Galli: 35 to 40 lakhs per Guntha
Khade Bazar (Sanykuta Mahtarstra Chowk): 35 to 45 lakhs per Guntha
Gandhi Nagar: 4 to 5 lakhs per Guntha
Shau nagar: 5 to 6 lakhs per Guntha
Kapileshwar Colony: 7 to 9 lakhs per Guntha
Somwar peth to Shukurwar Peth: 22 to 25 lakhs per Guntha
Maratha Colony 15 lakhs per Guntha
1st gate to Chougule wadi: 10 to 11 lakhs per Guntha
Hanuman Nagar: 1000 per Sq/Feet
Vijay Nagar: 550 to 750 per Sq/Feet
Some websites of builders from Belgaum (this is not an exhaustive list)
· Ajit Patil Associates
· Mini township Villas
· NASCO Developers
· PANCHMUKHI constructions
· VISHAL Constructions
· Patil Builders
· Nasco Developers
· Heda Builders
Posted in Housing Commercial, Prices, Real Estate
Posted on 28 January 2009. Tags: apartments, belgaum, mindspace reality, queens court, Real Estate, residential, vaccine depot road
Queenscourt- a luxurious residential Project, it is designed and created by world renowned architects, the project gives a dynamic meaning to absolute living.
At Queenscourt you will discover quality, detail, luxury and aesthetics moulded into life.
It will have a Clubhouse / Multipurpose Hall, 6 passengers – 2 lifts, Intercom facility from Main gate to Each flat, Rain water harvesting, Fire Fighting system as per NBC Norms. See more key features here
See the Location.
Layout Plan
About MindSpace Realty:
Mindspace Realty is a Joint Venture between Urban Infrastructure Venture Capital, Bhandari Infrastructure and Construction Development Private Limited & Hermes Group ( Ramesh Builders ), having its Corporate Office in Pimpri.
The Company is a perfect blend of Experience and Youth, having set out ambitious growth plans by launching Lifestyle projects to mention few, MSR QUEENSTOWN in Chinchwad, MSR OLIVE in Ambegaon, Katraj, MSR CORNICHE in Chinchwad and MSRBELLAGIO in Pimpri.
The Company shall be executing Commercial Spaces, Shopping Malls, Multiplexes, IT Parks, SEZ’s, Hotels, Hospitals, etc. in the near future.
Posted in Housing Commercial, Real Estate
Posted on 12 November 2008. Tags: apartment, belgaum, bridge, housing board, Karnataka, railway over, Real Estate, residential
The Karnataka Housing Board (KHB) is starting a new SIX floored residential apartment near the railway over bridge. This place measures about 2 acres 10 gunthas and is next to the Sagar Education. (This is the same place where fairs were being organized and even circus and food festivals) It is just next to the rail line and is visible from Congress road.
The work has just begun and the same is visible in the images. The KHB will spend about 24 cores for the project, which is being built by a Bangalore based company. The project is expected to be completed by October 2009.
Source: http://www.tarunbharat.com/EditionsNews.asp?daten=11/10/2008&id=15449Images: UkMaD creatives
Posted in Housing Commercial, Real Estate
Posted on 01 October 2008. Tags: belgaum, housing project, Mantri Realty
Sunil Mantri Realty, a Mumbai-based real estate developer, plans a housing project in Belgaum; the company is in possession of 200 acres, near the proposed Vidana Soudha, on which it plans to take up low and middle-income housing projects along with villa and apartments projects.
Earlier post on this blog about Mantri Realty
Source
Posted in Housing Commercial, Real Estate
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