Land Trades Aadheesh Avenue' commercial complex inaugurated

[email protected] (CD Network)
November 30, 2014

Mangaluru, Nov 30: Aadheesh Avenue, an ultra-modern commercial complex by Land Trades, the pioneering name in the field of real estate in this region, was inaugurated on Sunday at 12 noon.

Mangaluru South MLA J R Lobo, who formally inaugurated the complex located at MG Road, adjacent to Besant Women's College, said that that the new building contributed to enhance the beauty of the MG Road.

He pointed out that builders like Shrinath Hebbar, the proprietor of Land Trades are immensely contributing towards growth of the city.  The MLA also lauded the Land Trades for maintaining quality in all its projects.

Mayor of Mangaluru City Corporation Mahabala Marla said that within a decade this port city would be one of the fully developed and modern cities of India. Wishing all success for the future endeavours of Land Trades, he said builders are part of development.

Entrepreneur Sadananda Shetty, former mayor Shashidhar Hegde, corporators Ashok Kumar, Naveen D'Souza, Advocate Shankar Bhat, Kallige Taranath Shetty also congratulated the builders on the occasion. Journalist Manohar Prasad compered the programme.

According to Shrinath Hebbar, proprietor of Land Trades, this new business complex has the best of features and amenities and will be an important landmark for the commercial hub of Mangaluru.

A six-storey structure, Aadheesh Avenue has parking facility on two basement floors, commercial space and parking on the ground floor. The three upper floors house offices ideally suited for businesses and as consultation chambers for professionals like advocates, chartered accountants and doctors.

“All the commercial spaces in Aadheesh Avenue are sold out. I very touched by the popularity and trust that people have reposed on Land,” says Shrinath Hebbar.

The commercial complex has all mandatory safety and security systems and the building is equipped with best fire fighting systems. There are two automatic lifts, continuous power and water supply. With spacious parking facilities, Aadheesh Avenue will certainly be a favourite commercial complex of the city, says Hebbar.

Land Trades Legacy: Founded in the year 1992 by Shrinath Hebbar, Land Trades has over the years emerged as a trustworthy real estate and developers firm by offering the best of facilities to its clients. The firm enjoys a well earned reputation for excellence in quality and timely completion of projects - its professional ethos being further authenticated by ISO international quality certification and CRISIL rating.

Other prestigious projects of the firm, like Maurishka Palace near Kadri Kambla and Atlantis at Bendore are nearing completion.  “Solitaire” a modern residential complex with 32 floors and 144 apartments is also coming up on an expansive 2 acre plot at Hat Hill.

Budget Apartment:  As a special gesture to customers, Land Trades which is nearing its silver jubilee year, will be constructing two budget apartment complexes at Mangaladevi and Yemmekere, where quality residential apartments would be available here at affordable rates.

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News Network
May 19,2020

Mumbai, May 19: Even as banks in United Arab Emirates are trying to trace NMC founder BR Shetty, a prominent bank in India is seeking to recover loans worth Rs19.13 billion from him and his companies. 

A local court has also barred him and his wife from selling or transferring some properties while it hears the case.

In the court filing, the Bank of Baroda said Shetty had an obligation to handover the title deeds of the 16 properties and mortgage the assets with the bank.

The 16 properties in several Indian cities including Bengaluru were among guarantees put up by Shetty and his wife against the Rs19.13 billion ($253 million) loans, according to a May 16 court order seen by Reuters. The court in Bengalaru set the next hearing in the case for June 8.

NMC, the largest private healthcare provider in the UAE, was placed under administration in April after months of turmoil. It disclosed in March it had debts of $6.6 billion, well above earlier estimates of $2.1 billion.

Finablr, in which Shetty has a controlling stake, said in April it may have nearly $1 billion more in debt than previously reported.

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coastaldigest.com news network
June 13,2020

Shivamogga, Jun 13: Senior BJP leader and Karnataka Minister for Rural Development and Panchayat Raj, K S Eshwarappa on Saturday opined that during the selection of candidates to the legislative council, the party needs to take into consideration those who helped the party in formation of government in the State.

Speaking to media persons on the sideline of a programme here, he said the party high command would give another surprise while issuing tickets during the MLC election.

Mr Eshwrappa said that party high command will take a call on selecting candidates, but priority should be given to the leader who won on Congress and Janata Dal and then jumped to BJP which helped to form govt under the leadership of B S Yediyurappa.

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coastaldigest.com news network
May 29,2020

Dammam, May 29: A woman hailing from Mangaluru, who was waiting for repatriation amidst coronavirus lockdown in Saudi Arabia, passed away yesterday after a brief illness.

The deceased has been identified as Lateefa (55), wife of Abdul Azeez, a resident of Angaragundi near Baikampady on the outskirts of the city.

She had flown to Saudi Arabia in November 2019 along with her husband to spend some time with their NRI son in Dammam. They were supposed to return in April this year.

After the sudden cancellation of regular flights due to lockdown, they were waiting for the repatriation flights from Dammam to Mangaluru or Bengaluru.

Meanwhile, Lateefa’s health condition worsened and she was hospitalised. She passed away on Thursday without responding to any treatment. Last rites are expected to take place in Dammam.

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