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
April 25,2020

Mangaluru, Apr 25: The coastal district of Dakshina Kannada today reported another covid-19 case. With this the total number of coronavirus positive case in the district rose to 18 including two deaths. 

The health and family welfare department in its bulletin today announced that a 33-year-old woman from Bantwal tested positive for coronavirus. She is undergoing treatment at Wenlock Hospital which is now converted into covid-19 hospital. 

She is the daughter of 67-year-old woman from Bantwal who was tested positive for the deadly disease last week. Both are the neighbours of the two women from Bantwal who died of covid-19 recently.

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News Network
May 30,2020

Bengaluru, May 30: Karnataka Chief Minister BS Yediyurappa has announced that on May 31 (Sunday) there will not be a total lockdown and all activities will be permitted and continue like the rest of the week.

The decision was taken in view of demands from citizens and “keeping their interests in mind,” said a statement from the Chief Minister’s Office (CMO).

This means that public transport services - buses, autos and cabs - shops, commercial establishments and others will be open on May 31.

Under a Lockdown 4.0, Karnataka had decided to throw open public transport, except metro, shops and commercial establishments, except Metro, on all six days between 7 am and 7 pm. However, May 24 and May 31 - Sundays - were exempted from the relaxation and a curfew was to be imposed throughout the day.

The Lockdown 4.0 ends May 31 and the government's decision to keep Sunday free comes ahead of the Lockdown 5.0 that the Centre is expected to announce soon.

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News Network
March 6,2020

Bengaluru, Mar 6: In the face of unprecedented economic difficulties, Chief Minister B S Yediyurappa has chosen to hike the prices of fuel and liquor to fund development in his 2020-21 Budget, which tries to offer something for everybody with the available resources.

Yediyurappa announced a 3% hike in the rate of tax on petrol and diesel. This will result in the prices of petrol going up by Rs 1.60 per litre and diesel by Rs 1.59 per litre. This is expected to fetch the government Rs 1,500 crore.

By hiking additional excise duty on Indian Made Liquor (IML) by 6%, the government hopes to mop up Rs 1,200 crore.

In essence, Yediyurappa, the finance minister, pointed fingers at the Centre for the state’s fiscal woes. He said Karnataka’s share in Central taxes has come down this fiscal by Rs 8,887 crore. Plus, Rs 3,000 crore GST compensation will also be reduced as collections from the GST cess are not on expected lines, he said in his Budget speech. 

“It has become difficult to reach the 2019-20 Budget targets due to these reasons. To manage this situation within the bounds of the Karnataka Fiscal Responsibility Act, it has become inevitable this year to cut down the expenditure of many departments,” he said.

Under the 15th Finance Commission, Karnataka will see a reduction of Rs 11,215 crore in the state’s share of central taxes in 2020-21, Yediyurappa said. He also pointed out that expenditure on salaries, pensions and loan interest payments had risen by Rs 10,000 crore. “Serious difficulties are being faced in resource mobilisation efforts of the state. The state never faced economic difficulties of this magnitude in the previous years,” he said.

But in an attempt to please all, Yediyurappa made announcements across sectors and communities. Instead of the usual department-wise announcements, the CM chose to divide the Budget into six sectors: agriculture & allied activities; welfare & inclusive growth; stimulating economic growth; Bengaluru development; culture, heritage & natural resources and administrative reforms & public service delivery.

Farmers will get additional incentives under PM-KISAN costing Rs 2,600 crore and a waiver of interest on loans they have borrowed from cooperative banks worth Rs 466 crore.

The CM has earmarked Rs 500 crore to start work on the Kalasa-Banduri canals under the Mahadayi project. Also, Yediyurappa has given Rs 1,500 crore to commission the Yettinahole drinking water project.

This project will cater to the districts of Hassan, Chikkamagaluru, Tumakuru, Bengaluru Rural, Ramanagara, Chikkaballapur and Kolar.

For Bengaluru, the CM has made an allocation of Rs 8,772 crore. This includes Rs 500 crore for the suburban rail project, an electric bike taxi project and bus priority lanes.

Significantly, Yediyurappa has not made any allocation to mutts. However, the government will spend Rs 100 crore on the Anubhava Mantapa at Basavakalyan, Rs 66 crore for a 100 ft Kempegowda statue in Bengaluru and Rs 20 crore on a 325 ft statue of Basavanna at the Murugha Mutt in Chitradurga.

The CM has given Rs 305 crore for the development of various communities — Christians (Rs 200 crore), Upparas (Rs 10 crore), Vishwakarma (Rs 25 crore), Ambigara Chaudaiah (Rs 50 crore), Arya Vysya (Rs 10 crore) and Kumbara (Rs 10 crore).

Also, nearly 22.5 lakh government employees and their dependents will get cashless treatment facility for surgical treatment procedures at an estimated annual cost of Rs 50 crore under the Jyothi Sanjini scheme, the CM said.

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