Tag: Indiranagar

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Redevelopment Starts After Seven Years at Four Bengaluru Sites

BENGALURU: After seven years of discussions, the Bangalore Development Authority (BDA) has finally commenced redevelopment work on four aging commercial complexes, including the well-known Indiranagar BDA complex. This initiative began with a tender issued in 2018, aimed at transforming underperforming public assets into modern commercial centers through a public-private partnership (PPP) model. The next focus area will be the Koramangala complex, with redevelopment efforts targeting facilities in Indiranagar, Koramangala, HSR Layout, RT Nagar, Sadashivanagar, Austin Town, and Vijayanagar. Demolition has already started at Indiranagar, RT Nagar, Sadashivanagar, and Vijayanagar. BDA officials have stated that redevelopment in Koramangala, Austin Town, and…

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Lucknow Property Rates Set to Increase with New Circle Rates August 1

Sure! Here’s a rewritten version of the content: LUCKNOW: The cost of residential and commercial properties in Lucknow is set to increase as the district administration plans to implement revised circle rates starting August 1. According to Rakesh Kumar, the additional district magistrate (finance), the new rates reflect an average increase of 15% across all property types, aiming to keep pace with the city’s rapid urban growth, improved infrastructure, and rising demand for properties. The last revision of circle rates was conducted in 2015. The new rates will affect 77 major arterial roads and 26 approved residential colonies. In prime…