Belgaum estimated land value of various areas
12:46 PM Posted by ukmad
I had received many emails asking for land prices in Belgaum and I have just compiled some estimated market value as per the Sub registrar records. There can be some typo errors and information here has to be used only for approximate valuations. This blog does not guarantee exact and correct value.
There are bound to be many areas left out but in general you can ascertain the value by looking at the surrounding area rates. If still someone needs the value kindly mail back I will try and find out and paste it here as a comment.
If you cannot see the value below See prices here
Open spaces face land mafia scare
5:34 PM Posted by ukmad
Land mafia along with some officials is making gratuitous use of their powers to grab the open spaces of land all over the city. The DC has ordered all the authorities like the Sub Registrar, Corporation, Tashildar and other offices not to register any such transfer of land.
Nyanesh Saraf has also sought police protection for himself as he fears of an attack on his life. He said, my life is danger and I need police protection.
Source: Pudhari & sources
Posting Classifieds made easy by Belgaum guys uproot labs
1:03 PM Posted by ukmad
The most awaited stable release of the Indian Classifieds site is finally up.
Visit: http://uproot.in. The site offers users to post their advertisements absolutely FREE of cost. The site caters to almost all cities in India and there are numerous categories one can post an Ad into. The best part it’s made by two guys from Belgaum.
Please point your browsers to http://uproot.in
| AllAboutBelgaum.com partners with Uproot and all ads posted for Belgaum can be seen in one page, http://allaboutbelgaum.com/classifieds/ |
What is UpRoot.in ?
A simple website to post classifieds online for free, it has been exclusively created for Indian users, and covers all districts in the country (600+).
Everything about the site is geared towards simplicity, including:
· the look — very few graphics + dynamic interface
· The operational model — zero intervention between seller and buyer is our policy.
What is it not?
While making the site, one path we did not tread (nor intend to tread) is social networking. They will add more features in the future to facilitate collaboration between groups of users. But they don’t expect it to become a core feature of the site. The reason is — keeping things simple for everyone, in particular the average or internet newbie’s.
Uproot.in is the first baby from the Uproot Labs, Belgaum. Uproot labs are a gargantuan team of two Harshad Joglekar & Dr Ameet Patil who know each other from college days. After a “long time, no see” span of 10 years, they met over Orkut, and found that they both had an urge to start a company from our hometown, Belgaum. Dr.Ameet Patil also runs his own startup Spundhan which has already been featured on this blog.
Uproot has been designed by both as they have major experience in system software, particularly embedded system software. They are trying something new; web services. They shoulder equal responsibilities. They both design, code, make decisions with equal flair.
They chose Belgaum as it has its own set of advantages & disadvantages. But the advantages are now out marking the latter with the advent of internet.
They chose to develop their own web framework; a tailor made suit that fits needs, and is optimized for performance.
They also plan to have key partnerships with other sites for the content and AllAboutBelgaum was the first one to approach them in this regard and a feed only for Belgaum is here.
So all the ads you post under Belgaum will be coming up there automatically. (Collective growth of It & ITeS services in Belgaum)
In the longer term they aim to monetize from premium Ads on the website. The core functionality will always remain free.
Here are some of the features of UpRoot.in
Categories
While posting an Ad the user is required to select the most relevant category. This in turn helps people to quickly and easily find what they need. Care has been taken to include the most common categories the users will encounter in their daily life.
Ads that offer and Ads that want
Broadly speaking, every Ad has either something to offer to the viewer, or wants something from the viewer. It is specified during the creation of an Ad, and helps viewers to quickly find items that offer or want something from them.
Specifying the location
Viewers can choose to filter their Ads depending on the physical location. One can choose a specific city, a state or all locations in India.
Privacy
They are very concerned about your privacy and take it very seriously.
There is an in-built mechanism to contact users, without needing to divulge either the seller’s or buyer’s contact information until each party voluntarily chooses to do so.
Membership
Users/Visitors to the site can view/search all advertisements without requiring to login. However, to protect your privacy, you required you register as a member in order to post a new or respond to an Ad.
Membership on Uproot.in is absolutely FREE, and requires just a confirmation of your email address. You can choose your own profile-name aka avatar.
If readers are interested in working on exciting embedded and web technologies, they can send their profile description / resume to jobs@uproot.co.in
This is another paradigm of what two minds from a same city can do together professionally. Here it is not friendship but professional caliber and an urge to do something of your own. Both Harshad & Dr.Ameet have worked in different companies who paid them handsomely, but they always wanted to be their own BOSS.
All the best to the Duo.
Own dream house in Belgaum: Wait & Watch
5:06 PM Posted by ukmad
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
Queens Court Residential apartments by MindSpace Reality @ Vaccine Depot Road
10:21 AM Posted by ukmad
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.
http://www.mindspacerealty.com/flash/queenscourt_belgaum.swf
Real estate prices not down as in metros
10:24 PM Posted by ukmad
With recession hitting India, the banks have just today announced some benefits for loans for homes below Rs.20 lakhs. The real estate industry was in a crisis and the best way to get it up is by lowering the lending rate and the requirements for a loan.
The math’s here is simple, if loans are readily available, people will buy new homes hence the real estate developers could sell their property and build a few more which will require steel, cement and other materials.
The prices of properties all over the country have come down but that is not the case with Belgaum, Infact this could be with many tier 2 cities. The price of land on average, which was about Rs.1700 per Sq/ft, has now stagnated at Rs. 1500 per Sq/ft, which is not a great fall.
The builders in past year have many problems of raw materials like high price of steel and cement. The builders think that with the loan process made easy there could be a good business at least in the short run.
Source: expressbuzz
New housing apartment by KHB near over bridge
9:56 PM Posted by ukmad
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
Belgaum mapped by all Real Estate developers & Retail giants
10:20 AM Posted by ukmad
Westside, the Tata group based Retail giant plans to set up its store in Belgaum. A ad was published in the Tarun Bharat regarding the same. They are in look out of franchises with a capacity to invest Rs.2 crores and a suitable place on the main road with 8000 to 10000 Sq.feet area.So any one with big pockets go in and jump into the Retail boom, if anyone reading this does jump in do let me know, I will make another post.
Golden Gate Properties of Bangalore builders of some properties like Golden Grand, Yeshwantpur will enter into the Belgaum market. They plan to set up residential complexes in the next 18 months.
Khanapur Road, Civil Hospital Road hot cakes: Belgaum real Estate update
9:51 AM Posted by ukmad
Civil Hospital Road (Dr.Ambedkar Road) the rate has touched Rs.35 lakhs per guntha, that’s a whopping 3215 per Sq.Feet on the other hand its rival competitive Khanapur Road which boasts of Ambani, Tata, Birla & Biyani on the same road now costs Rs.30 lakhs per guntha, that is Rs.2755 per Sq.Feet.
Now to me, that is a lot of money. Lease rentals are between Rs.50-65 per Sq.Feet. Due to the price rise on Khanapur road, the prices in the internal roads have also increased to about 12 lakhs per guntha.
Heard the Nucleus mall is asking for Rs.10,000 per Sq.feet for out right purchase.
The increase in the price has been very rapid. In the past year, it has risen by 25 to 50%. Is this good or a bubble which will burst nobody knows, at least I do not know.
I request you readers to put in your views on this.
With inputs from Tarun Bharat.
Big Companies eye on Belgaum Real Estate
10:52 AM Posted by ukmad
In the past year or so, I have posted more than a couple of stories regarding to real estate and the boom in this said sector.
As Belgaum is on the National highway, many big players and companies are eyeing to open or develop land here in Belgaum. Many of them have now identified places where they will do development.
A couple of malls are coming up in the city. Some prefer the outskirts and others the heart of the city. All the projects are of high investment & are done by outside companies from Pune, Bangalore, and even Uttar Pradesh.
Established players like Subhash Photos are now opening a branch in Tilakwadi to get the pie from the suburban market. Others are also catching on the same.
As all want to bite the share of this pie, a number of companies are coming in as they do not want to miss the chance and this is causing a price rise for land.
VRL group is planning to develop a project near Sambra on the Belgaum – Bagalkot highway.
Tata sons ltd had identified one spot on the Belgaum – Vengurla road but it could not get and approval so it is in search for a 2 acre site some where else.
Ashok Leyland is also trying to get 100 acres of land near Hattargi for its plant.
Fero steel will setup a steel plant on 80 acres near Santibastwad.
Sahara City is eyeing a 120-acre land near Halga.
K & A Consultants a Bangalore based company is also starting its projects here.
Due to this sudden rise in prices of land, the political interference has also increased and the Waghwade IT Park of 116 acres is just one example that seems to go into the grave soon.
May what it is, but Belgaum is changing and changes are for the better.
Mantri Realty in Belgaum
7:29 AM Posted by ukmad
The company has also been promoting projects in Belgaum, one of largest cities in Karnataka.
The company has already acquired two prime properties in Belgaum. One property is of around 300 acres for a residential township, where around 5,000 houses would be constructed at an estimated cost of Rs 500 crore.
The second property is around 200 acres at the outskirts of Belgaum costing Rs. 200 crore.
The overall investment in the City of Belgaum by Mantri Realty would be to the tune of Rs 700 crore.
Source: Yahoo.com
Is Belgaum Real estate in Real Boom?
12:56 PM Posted by ukmad
They propose to build Geetanjali Plaza, a commercial approved layout just opposite Big bazaar on Khanapur Road, Belgaum. The construction has already begun.
It will be Ground +3 stories. Ground floor will be approx.3065 Sq.ft. 1s
t, 2nd & 3rd floor would be 3355 Sq.Ft. each. All the floors have independent access.This is could be an ideal place for any retail chain or multi national company to establish and to take their business to newer heights. The said space is available on outright sale or on lease. The lifts will be of reputed companies so you don’t need to worry about how to reach on the 3rd floor. Emailing can get you all other specs: sachinheda@gmail.com.
Mr.B.K.Joshi is the design Architect. For more details you could email on the above address.
Disclaimer: My blog by no means supports or promotes the plaza. I have no interest in the same. I am just trying to get to you things in your city, which needs a look.
Stamp duty on Buildings now 900 per Sq/ft
8:10 AM Posted by ukmad
Earlier the rate was Rs.440 per Sq/feet. A 100% increase is done only with a view to increase the goverenmenrtts revenue. What a way to do it?????
