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5 Reasons Why Bengaluru is Better Than Mumbai

Pleasant weather

This is perhaps the number one reason that makes people fall in love with Bengaluru. The pleasantness of the weather isn’t just for a specific period; rather, you can enjoy it throughout the year. So, no worries about the sweltering heat or the discomfort of an extremely cold climate – Bengaluru is lovely throughout the year. It doesn’t come across as a surprise that residential properties in Bengaluru sell like hot cakes. The real estate industry here is booming due to this as people wanting to escape the extremes often end up heading towards Bengaluru. What can be better than living in a friendly neighbourhood in Bengaluru?

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Mumbai, on the other hand, has sultry weather and people looking for the pleasantness of Bengaluru will definitely be disappointed here.

Besides a technology hub, Bengaluru is a startup hub too!

You read that right. In the past few years, Bengaluru has witnessed several startups begin and shine in no time. Naturally, professionals from different backgrounds are coming here every day to realize their dreams and make Bengaluru their home. As they are gradually climbing the ladder of success, they are also keen to stay here on a long term basis and invest in real estate.

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Mumbai is the city that never sleeps and the financial capital of the country. Yet there is no match between the vibes that young professionals experience in Bengaluru and the one that Mumbai offers.

Affordability of residential units in Bengaluru


Besides the aesthetic differences between Bengaluru and Mumbai, the real difference why the former is preferred over the latter is due to the affordability of property and residential projects. Not only Mumbai, Delhi -NCR too witnessed a huge escalation when it came to real estate prices. However, Bengaluru remained more or else at a standard bracket that kept home buyers and investors reasonably happy. Also, when it came to a price correction, Bengaluru was one of the pioneers for this, which helped pull the city to the most-preferred spot for buyers.

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No risky projects or demand-supply disparity

Real estate developers in Bengaluru are renowned for their professionalism; so much so that their counterparts in other metro cities can take a lesson or two from them. With the economic slowdown at the start of this decade and real estate properties becoming a risky matter, Mumbai continued to deal with customers and potential buyers in the same way as earlier. On the contrary, real estate developers in Bengaluru gave their investors and potential buyers the much-needed confidence to invest wisely. Part of this has the backing of the fact that Bengaluru real estate isn’t solely depended on the money generated from sales. This has helped Bengaluru to maintain a healthy demand-supply ration, thus reducing disparity.

More completed projects in Bengaluru than ones still in the pipeline

People who are keen on buying residential properties in Mumbai often are sceptical about actually moving into those places. This is due to the infamous general belief that real estate agents here have more projects in the pipeline than the ones completed. This is even after Mumbai’s famous estate developers such as Godrej, Tata Value Homes, etc. working towards making their customers happy. Delay in real estate projects can be quite unnerving, especially for first-time buyers. Bengaluru real estate agents on the other hand boast of timely-delivered projects, which in turn have earned them loyal and happy customers.

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So, in a nutshell, we can definitely conclude by saying that positive customer feedback, an improved system of maintaining the demand-supply ratio, and increased job opportunities in Bengaluru have together contributed towards making the city a stable and safe bet when it comes to real estate investments. Mumbai, although a hub of activities, is clearly lagging in the aforesaid areas and therefore not so much a preferred spot as is Bengaluru. This is, not at least now.

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Bangalore News

From highs of ₹200, onion prices cra’sh to the ₹35-40 range

After reaching highs of over ₹200 per kg, the price of onions is now seeing a steep cr’ash with the new crop harvested over the last two weeks flooding the market. This has resulted in a glut of onions, say traders.

A kilo of onions, even of the best quality, is now trading at the ₹35 — ₹40 levels in the wholesale market, leaving many farmers who hoped to cash in on the shortage unhappy. They are retailing around ₹40 — ₹50.

Traders and officials, going by the ground report on onion crop patterns and expected arrivals in the market, predict that the glut will only increase. “The prices will fall below ₹20 by the month-end and may even fall below ₹10 by February-end,” predicted Ravi Kumar of the Bangalore Onions and Potatoes Traders’ Association.

This has left the farmers worried. At present, onions from Vijayapura and Chitradurga districts and the Nasik region of Maharashtra are flo’oding the wholesale markets in the State.

“The earlier crop suffered massive da’mage owing to heavy rains. Expecting high prices, farmers — even those who used to grow maize for a second crop — started growing onions,” Mr. Kumar explained. More onions are expected to come from Punjab and Madhya Pradesh by February, even as supply from within Karnataka is also expected to go up. This will further lead to a cra’sh in prices, traders predict.

“Though the price of onions shot up recently, we did not make much profit, as the yield was very low. Onions had turned wet and were decomposing in the fields itself. What we could sell was very low. But given the prices were started growing them again, only to see the prices cra’shing in a free fall. It will be tough to bear these losses,” said Basavaraj, a farmer from Vijayapura.

However, G. Srinivasan, Director, HOPCOMS, remains optimistic and says that the demand for onions will also increase especially as many households had limited or even stopped purchasing the staple ingredient for a while. “There will be a stabilization of prices, but may not cr’ash,” he said

Coconut farmers sustain losses

Coconut farmers, too, are bearing the brunt of the price cr’ash. The price of a quintal of copra (dry coconut) that was in the range of ₹17,000-₹18,000, a few months ago, was trading at ₹11,500 on Saturday at Tiptur APMC, the prime coconut market in the State. The prices of coconuts have also seen a dip, from over ₹20 per nut to ₹17 per nut over the last few days. However, they are still being sold in the range of ₹25 and ₹30 in the retail market.

Devraj, a coconut farmer from Tiptur, said the present copra and coconut prices will not fetch them the cultivation cost.

“The input costs – diesel, labor, and fertilizers – have gone up. The cost of copra should at least be around ₹15,000 per quintal if farmers have to recover the cultivation cost. Presently, we are reeling under losses,” he added.

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Bangalore News

Central Business District set to play it smart when it comes to parking

Sometimes, even a prayer can’t get you a parking spot on Church Street. Or in any of the roads in Central Business District (CBD) in Bengaluru. But that may soon change. By the end of February, the Bruhat Bengaluru Mahanagara Palike will introduce the first phase of the smart parking system on 12 roads in CBD. The project is being implemented on a Public-Private Partnership (PPP) model by the BBMP and Central Parking System (CPS). It has already kic’ked off with a pilot run on Kasturba Road. The pilot run which began on December 14, 2019 has received great response, say BBMP officials.

The trial run includes slots for 50 vehicles. A CPS spokesperson said, on an average, about 160 vehicles are parked on Kasturba Road every day. Smart parking meters will be installed on 85 roads in four phases. The total cost of the project is Rs 72 crore. Basavaraj Kabade, projects, BBMP, said, “We are taking feedback from the public about the trial run at Kasturba Road. The response has been good. As the white topping and TenderSURE works on other roads are going on, there will be some delay in the other phases.”

Citizens can use the Namma Bengaluru Parking app to find parking slots available and pay for it or they can approach a parking meter installed on the road and pay for their slot. The parking fee has been set at Rs 30 for every hour. When using the meter, car owners can enter the bay number where they’ve parked their car, the number of hours they would like to book the slot for, and pay via cash, debit or credit card or e-wallets. Vehicle owners can also extend the time slot after they have parked their vehicle. Poornima Sathyanarayanan, Director New Initiative, said, “They can book their parking bay either through the app or through the meter. Payments can be done through the app as well. A buffer time of five minutes is also provided.”

A command center at the area will monitor the parking activity. It will record the number of vehicles parked, available slots and the number of owners who have paid or not paid for the parking. Poornima added that in case the owner doesn’t pay the parking fee, the vehicle will be clamped. “There are six CCTV cameras installed for the trial run at Kasturba Road. It will be monitored.”
N Sathyanarayanan, MD, Central Parking System, said phase one will be completed by end of February. “We are in discussions with the BBMP and are yet to get some permissions and clearances. The smart parking system is being installed at roads which are wide and mostly one-way so that there is not much traffic congestion on the road.” In phase one, 12 roads will have around 500 slots for two-wheelers and four-wheelers.

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Bangalore News

Three lanes may be added to Hebbal flyover

BENGALURU:  The Bangalore Development Authority has come up with a new proposal to ease the city’s one of the most notorious traffic bottlenecks – Hebbal Flyover. Addition of three new lanes and underpass figures among the drastic changes the Authority has suggested. It has submitted its proposal to both the Bangalore Metro Rail Corporation Limited (BMRCL) and the RITES Limited, an engineering consultancy firm specialized in major infrastructure projects.

These agencies along with the Karnataka Road Development Corporation Limited have been entrusted with the task of coming up with a feasible project to decongest the flyover. BMRCL too has been roped in since its major infrastructure project the Silk Board-Airport line will pass above the flyover. Highly placed BDA sources told The New Indian Express that a grade separator proposal was submitted on January 2 and some major changes have been proposed for the first time.

“Three unidirectional lanes have been proposed to be constructed from Bengaluru city side towards the airport, crossing the Hebbal junction and an underpass from the Tumukuru end, he explained. The flyover constructed in 2003 by BDA witnesses massive traffic gridlock in the morning and evening hours. Currently, there are five lanes connecting the airport and the city via the flyover — three of them from the city towards the airport and two in the reverse direction.

“BDA had earlier proposed two more lanes from the airport to the city and some work had also begun, but stopped later. If this proposal to construct three more lanes is accepted, then there will be 10 lanes in total, five each in either direction and congestion in the lanes will be done away with,” a top official said.

Another major proposal is to dismantle the existing route (ramp) from K R Puram side towards Bengaluru city. “Instead, a new unidirectional flyover will be constructed from K R Puram. It will be done at level two around the existing one and it will be done in such a way that it will merge with another new flyover from the airport towards Bengaluru for which construction has begun already,” he added. Metro rail is proposed on level three, he said.

An underpass has also been proposed from the Tumukuru side towards the K R Puram side. “It will have an arm that will merge with the approach road of the ramp of a flyover heading towards Bengaluru,” another official said. KRDCL will also be constructing an elevated corridor passing through the junction.

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