NBR Developers
Citiescities-arrow
  • more-arrow-down
    • Please wait while loading other cities loading...

Two incomplete IDEB projects to get complete by Citrus Ventures

  • No. 1 Property Portal in India
  • Over 25 Lakhs Apartments and More
  • Post Free Residential Properties in India
  • Find Property in Bangalore
  • Buy/Sell/Rent Apartments in India
  • Search Latest Residential Property in India
  • Get Free Alerts on Property Requirements
  • Find Agents/Buyers for your Property
mobile-ad
Realty industry of Bangalore is in mid of both positive and negative aspects of the current market condition. According to the sources of www.propertykhazana.com there are many ongoing realty sites in the city which are in hold due to some facts of higher cost material, increased rate of interest, shortage of laborer and many other issues. Bounded by all such circumstances two of the projects of IDEB Pvt Ltd are in mute mode since 2009 and the buyers are away from paying the further dues to their respective housing units. As such Citrus Ventures has interfered in the scene and agrees to buy the uncompleted site from IDEB. The site is all equipped with 65 villas at the floor of 3.5 acre of land. Now, the Citrus venture is in the business both as a developer and as an investor of the site. Recently the company has made clearance of the project liabilities and in the process to market the completed segment. Citrus is now marketing around 15 per cent of its project which are ready for occupation and it needs another one year to complete the entire site in a full fledge mode. Director and chief executive of Citrus Ventures - Vinod Menon says that the company has entered the site at a very lower cost and hence there is more risk in future. On the beneficial side the site is all cleared with the land acquisition and other formalities and now the company just has to put it in a proper order of final touch up.
IDEB is a Bangalore based company having tremendous influence in realty sector of the state and also has many involvements in various projects of Pune, Uttarkhand along with the Delhi Metro project. The company is sharing their experience with their co - developers for some of the challenging and innovative projects whenever and wherever it is felt needed as stated by managing director of IDEB – H. S. Bedi. They have long list in doing so as recently it I observed in Uttarkhand for the development of the industrial park of 168 aces of land the company shacked hand with some other co – developers. Same is in Pune in the project of 23 acres of area for a multipurpose venture. Apart from this the company is making their way for some of the international negotiation for malls to get kick off by 2012.
Source: NIMMA BENGALURU

Property Listings

Apartments, Flats and Property for Sale in Bangalore

May 25, 2017
All Basic Amenities . Jogging Track Cycling Track Cricket Bowling Machine Swimming Pool BDA Approved, All Leading Banks A- khata..
May 22, 2017
A well-built East facing 3 bedroom(s) Unfurnished flat available for sale at BREN PALMS, Kudlu Gate in Bangalore. The flat is Ready to..
May 20, 2017
The Grass Will Always Be Greener On Your Side. And the joy of discovery will be at every turn. The freshest mornings will only be outdone by the..
May 20, 2017
The Grass Will Always Be Greener On Your Side. And the joy of discovery will be at every turn. The freshest mornings will only be outdone by the..
May 20, 2017
The Grass Will Always Be Greener On Your Side. And the joy of discovery will be at every turn. The freshest mornings will only be outdone by the..
May 20, 2017
The Grass Will Always Be Greener On Your Side. And the joy of discovery will be at every turn. The freshest mornings will only be outdone by the..
May 19, 2017
Bren Woods is located in Bangalore and comprises of thoughtfully built Residential Apartments. The project is located at a prime address in the..
May 19, 2017
Bren Woods is located in Bangalore and comprises of thoughtfully built Residential Apartments. The project is located at a prime address in the..
May 18, 2017
A well-built East facing 3 bedroom(s) Unfurnished flat available for sale at BREN PALMS, Kudlu Gate in Bangalore. The flat is Ready to..
May 18, 2017
A well-built East facing 3 bedroom(s) Unfurnished flat available for sale at BREN PALMS, Kudlu Gate in Bangalore. The flat is Ready to..
spacer

Apartments, Flats and Property for Rent in Bangalore

May 16, 2017
Spread over 6.9 acres of land and comprising of 3 Blocks, SOBHA CLASSIC is strategically located off Sarjapur Road, Bangalore and offers close..
May 15, 2017
Flat for rent in Haralur Road near Kudlu(AECS Layout). East facing 2BHK (1235sq.ft) flat for rent. It is situated on the main road(Haralur Road)..
Apr 23, 2017
As my office is far from Flat, planning to..
Apr 21, 2017
New Era Luxury Hostels for Girls , accommodation for every budget • Brand New building • Spacious and well ventilated..
Apr 19, 2017
2BHK apt for rent, ground floor, car parking, power backup, arkere BPL bus stop, next to Mitra Academy school, Bannerghatta main road, available..
Mar 31, 2017
LEASE OR RENT Near Manyath tech park brand new 2b/r multistory apartment with swimming pool, gym party hall, power backup, car..
Dec 23, 2016
MY 2 BHK SEMI FURNISHED FLAT AT AJMERA INFINITY ( 11 FLOOR, FRONT FACING,GOOD VIEW ) WILL BE AVAILABLE FOR RENT FROM 01 FEB 2017 ONWARDS. IF..
Dec 04, 2016
A safe secure society of defence officers, with clean air and environment. With facilities like, gym, pool, ATM, parking, etc near the..
Sep 30, 2016
Rent - 2 BHK Flat In Kaggadasapura. Available 2 BHK Flat for Rent in..
Sep 30, 2016
Rent - 2 BHK Flat In Kaggadasapura. Available 2 BHK Flat for Rent in..
spacer
spacer
spacer
spacer
spacer