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
February 28,2020

The Karnataka BJP, which faced action on Twitter earlier this month over incendiary tweets, this time has passed the blame of Sangh Parivar sponsored Delhi violence to the victims.

In an insensitive tweet on Friday, it dubbed the protests against the notorious Citizenship Amendment Act (CAA) as "fake" and added that the violence that followed was "the most well-planned assault on the Idea of India," in an apparent attempt to portray the victims as villains.

The handle, notorious for tweets targeting Muslims, blamed the clashes that erupted in Delhi between people demonstrating for and against the CAA on "so called 'Peacefuls'" - a known right-wing slur for Muslims.

Many people on social media called out the tweet for misleading people and covering up the role of Delhi BJP leader Kapil Mishra's provocative speech for triggering the violence or the failure of the Delhi Police, which reports to the former BJP chief and Union Home Minister Amit Shah, in controlling the riots.

Earlier this month, the Karnataka BJP had tweeted a video of Muslim women standing in queue to vote in the Delhi elections, showing their voter ID cards, with the snarky caption: "Keep the documents safe, you will need to show them again during NPR (National Population Register) exercise."

Soon after, the party unit's Twitter handle was blocked by the social media platform for 24 hours after many accused it of encouraging Islamophobia.

NPR has been widely criticised by opposition parties as a precursor to the government's planned NRC or National Register of Citizens which intends to make Indians prove their citizenship with documents that many poor or illiterate do not possess.

Many fear that combined with the already imposed CAA - which promises citizenship to only non-Muslim refugees from Pakistan, Afghanistan and Bangladesh - the NRC can be used to make millions of Muslims stateless.

The government has denied the allegation and said the CAA only intends to help those who have faced religious persecution. In recent weeks, it has gone back on its rhetoric on the NRC which was announced by Amit Shah in parliament as "it will certainly happen".

The CAA, which was cleared by parliament in December, has triggered deadly protests in the country which left at least 25 dead till Sunday. Since then, at least 42 more people have been killed as large-scale violence erupted in northeast Delhi and hundreds of homes and shops have been burned to the ground.

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News Network
July 25,2020

Bengaluru, July 25:  Karnataka reported 5,072 new COVID-19 positive cases and 72 deaths on Saturday, taking the total number of cases in the state to 90,942.

The total count includes 55,388 active cases and 1,796 deaths, the state health department said.

Meanwhile, a 100-year-old woman resident of Huvina Hadagali town in Bellary district here recovered from COVID-19 after testing positive for the virus earlier this month.

"Doctors treated me well. Along with regular food, I was eating an apple a day. The doctors are giving me tablets and injection, and I am healthy now. COVID-19 is like a common cold," said Hallamma while speaking to news agency.

The woman's son, daughter-in-law, and grandson had also tested positive for the virus, and the family was treated at their home.

India reported a spike of 48,916 coronavirus cases on Saturday, taking the total number of reported COVID-19 cases to 13,36,861, according to the Union Ministry of Health and Family Welfare.

The total count include 4,56,071 active cases, 8,49,431 cured/discharged/migrated. With 757 deaths in the last 24 hours, the cumulative toll reached 31,358.

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coastaldigest.com news network
May 27,2020

Abu Dhabi-based NMC Healthcare has reportedly received bids to sell its distribution unit and will soon be selling it to different parties.

The development comes over three months after NMC Healthcare’s founder and then-chairman B R Shetty stepped down amid allegations of massive fraud. 

The company, which recently laid off hundreds of workers, is offloading stake in the subsidiary as it is considered non-core and requires substantially high working capital to run the operations. In addition, this stake sale will help the company pay off some of its debt

"There are parties who have strong interest in the distribution business. NMC will be offloading the unit soon and that also to different parties," a source said.

"The company is in the process of exploring options for NMC Trading, the group's distribution business, which it has determined to be non-core and requiring substantial levels of working capital. The process should not materially adversely impact distributors' activities, nor NMC Trading's customers," an NMC Healthcare spokeswoman said.

The UK-court has appointed Alvarez & Marsal as administrator to oversee the operations of the debt-ridden hospital operator. The healthcare firm has been caught in a whirlpool of $6.6 billion debt while its senior former high management team is under investigation for financial irregularities.

The UAE Central Bank has direct local banks to freeze all bank accounts of NMC founder BR Shetty and his family members as well as accounts of those companies where he has a stake. The Central Bank move is subsequent to a criminal complaint filed by Abu Dhabi Commercial Bank, which has the largest exposure to NMC Healthcare, amounting Dh3 billion.

As the company faces financial difficulties, Reuters reported that NMC Health delayed May staff salaries and now expects to complete making payments by the first week of June.

The spokeswoman said: "The company has been in regular dialogue with its creditor constituencies through various creditor committees, including the direct bank lenders to its NMC Trading businesses."

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