Friday, December 29, 2017

REALTY SECTOR IN 2017 & OUTLOOK FOR 2018 IN BENGALURU.

The Realty sector saw many changes during 2017 due to RERA & changes
brought in GST.The Realty sector underwent many ups & downs in 2017.
The demonetisation of old currency also hit the Realty sector.The outlook
for 2018 seems to be better than in 2017.The views of few leading players
in the Realty sector are given below:

Mr.Adarsh Narahari, Secretary,CREDAI,Bengaluru.

RERA,is a landmark Act making the Industry  more transparent & Consumer
focused will improve the standards in the industry.The Act aims to make the Industry
more organised  sector from the relatively unorganised sector.In 2018, we expect a
recovery in the industry with all the pent up demand coming to play.We expect the
prices to go up as there were very few launches in the previous year & a fair amount
of ready to move projects.More Corporate players will enter the industry as it will be 
more transparent & the fly by night  players will leave the industry.

Further more,we expect the new verticals in the industry such as senior living, student
housing & co living spaces to become more mainstream.

Mr.Vishwa Pratap Desu, Senior Vice President,Sales & Marketing.

RERA created a temporary respite in sales as developers were recouping & customers 
were waiting for things to settle down.Now,as it has settled down,we expect the 
customers to come back.Brigade group as always took the leadership position 
and expect 2018  to be much better & see a revival in the industry.

Mr.C.N.Govindaraju,Chairman & Managing Director,Vaishnavi Group.

The Bangalore Real state market showed very good resilience.The absorption of
commercial real estate continues to be encouraging.The steady demand for commercial
Real estate will act as feeder for residential real estate.Residential project  launches 
will pick up albeit at a slow pace.A clearer understanding of RERA & GST by the
customers will augur well for the residential sector in 2018.


Sunday, December 24, 2017

INSTITUTE OF BIOINFORMATICS & APPLIED TECHNOLOGY  
                                                             &
THE LAKSHMI MITTAL SOUTH ASIA INSTITUTE-HARVARD UNIVERSITY.

Held a Two week course on Genomics in Healthcare & Translational Research for
young scientists from across India. From over 200 applications,25 undergraduate,
graduate & doctoral students from across India were selected to participate in a
residential Two week hands on workshop in "Genomics in Helathcare & Translational
Research" from December,10-23,2017.This workshop was under the aegis of the B4 
(Boston Bangalore Biosciences Beginnings)program,funded by the Department of 
Bio Technology,Government of India,and supported by the IT?BT Department,
Government of Karnataka.

The aim of the genomics workshop was to introduce talented Indian students to the
emerging areas of genomics & enable them to explore the power & excitement of
Next Generation Sequencing technologies to address clinically relevant research.
Distinguished faculty & post doctoral fellows from Institutions such as Boston
University,Harvard,Broad Institute,ACTREC (Mumbai).IGIB (Delhi),CCMB
(Hyderabad),IISC & NCBS (Bangalore ) trained the participants on both the
experimental aspects of genomic sequencing & computational analysis of 
sequencing data through didactic research lectures & hands -on sessions.The
workshop concluded on December,23 with a panel discussion on Genomics-
Trends & Opportunities.

Saturday, December 23, 2017

EVEREST LAUNCHES TECHNICAL MANUAL ON PRE ENGINEERED BUILDINGS.

The Company completes 35,00,000 Sq.ft of industrial infrastructure construction
in Karnataka.

The first of its kind Technical manual was unveiled by Everest Industries Limited.
The manual developed by the Company in close consultation with industry stakeholders
like leading consultants,architects,engineers,project managers,government institutions
& industry experts.The Everest Pre- engineered Steel buildings are widely used in
industrial & commercial infrastructure.Everest Steel building solutions has already
completed more than 2000 PEB projects covering more than 5 crore Sq.ft of construction across 275 cities in 29 states in India.This includes RO-RO Ferry Terminal 
in Gujarat inaugurated by Prime Minister of India Mr.Narendra Modi last month
and the tallest PEB building in the country i.e Goa Shipyard last year.

Speaking to media Mr.Manish Sanghi, Managing Director,Everest Indutries said," The
Everest Steel Buildings are widely used in industrial & commercial infrastructure i.e 
large factories,ware houses,logistic parks,shipyards,airports,car show rooms,large 
retail outlets,schools & exhibition centres.The main problem in any infrastructure project in our country is delay ,cost overrun, & multiple agencies involved in the project.  
The Pre engineered steel buildings will solve such problems to a large extent". Mr.Sanghi said that they completed the Goa Shipyard project in 11 months, & 
the Shiv Nadar School near Delhi in 120 days as they were involved right from the day of concept to delivery.

Thursday, December 21, 2017

GLENEAGLES GLOBAL HOSPITALS LAUNCHES HEART & LUNG
TRANSPLANT PROGRAM IN KARNATAKA.

The Heart & Lungs are among the most important organs of the body.When
either of these organs start failing to perform as required,it could cause
irreparable damage to other organs as they depend on these two organs to
function normally.Gleneagle Hospitals brings to Karnataka the experience of
Dr.Thasee pillay,a world renowned cardiothoracic surgeon,and his team of
medical professionals experienced in  the field of transplants.Dr.Pillay brings
with him 2 decades of experience in the field of transplants,and has been a part
of over 500 transplants in the UK.His experience & training will be a great asset
to the Heart & Lung transplant scenario in Karnataka.

Addressing media, Dr. Thasee Pillay said," Heart Transplantation is a major,
critical & complex surgery.It should only be considered if the surgery is going to
improve the recipient's chance of survival or quality of life, post transplant".

Recently the hospital treated a patient suffering from dilated cardiomyopathy.After
matching him with a suitable donor,the cardiac transplant team successfully 
performed the transplant.

We informally understand that the cost of such transplantation is the cheapest in
India when compared to such transplants in USA & UK. 

Tuesday, December 19, 2017

KOBELCO CONSTRUCTION EQUIPMENT INDIA PVT.LTD,is one of the main sponsors
of this year's EXCON held at Bengaluru.

This year also marks the completion of 10 years for KOBELCO in India.The Company
displayed the new 38 Tonne Generation -10 Hydraulic Excavator model SK380XDLC
which was launched in the Indian market before EXCON.The Company says the 
latest generation10 model has been well received in India for its value for money.

Tuesday, December 5, 2017

Mr.D.Kupendra Reddy, MP (Rajya Sabha),Inaugurating the
Bike Studio.Mr.Vinay Luthra IFS,Chairman,Eco Tourism,
Government of Karnataka,Mr.Sushil Bhasin,Chairman,
Bhasin Group,Franchise owner,Mr.Chirag Kumar Jain were also present.
BANGALORE BIKE STUDIO AT HSR LAY OUT BENGALURU
PROMOTING ENVIRONMENTAL PROTECTION & FITNESS.

In a bid to promote environmental protection & fitness,Bangalore Bike Studio 
brings world class bikes available to cycling enthusiasts in Bengaluru.The 
Bike Studio is located at 1778,19th main,13th cross,HSR layout,sector 1,
Bengaluru.There are bikes for adults & also children available at the Bike Studio.
This outlet is the 11th in India. There are bikes available ranging from Rs.8000/- 
to Rs.1 lakh for adults & from Rs.5000/ for children.

This is an exclusive outlet where all kinds of Cycles,spare parts,cycling accessories and
services will be available under one roof. Two new high end brands like Ferrari and
Lamborgini are introduced in the product line of the store.

Friday, December 1, 2017

DSK BENELLI UNVEILS ITS SECOND EXCLUSIVE SHOW ROOM IN BENGALURU.

Super biking brand from Italy,Benelli,has a ' State of the Art' showroom in Bengaluru
at ITPL Road,Narayanpura,Bengaluru showcasing the entire range of DSK Benelli
super bikes.The showroom has an entire range of Benelli super bikes such as 
TNT 25-single cylinder 250cc engine,302 R-fully faired In-line Two cylinder 300cc
engine with ABS,TNT 300- etc. The show room also has a fully equipped service centre.

Speaking on the launch,Mr.Shirish Kulkarni,Chairman,DSK Motowheels said,"DSK
Benelli has received an overwhelming response in the city of Bengaluru for its best-in-breed
super bikes.Our main focus is to align DSK Benelli's presence across all strategic
locations in order to generate strong brand eminence.".