Land Trades Builders & Developers inaugurate their 40th project 'Nakshatra' in Mangaluru
Mangaluru, June 8: Land Trades Builders & Developers, a renowned real estate firm, marked the inauguration of their 40th project, 'Nakshatra,' with an event held in Gandhinagar on Thursday, June 8. MLC Harish Kumar was the chief guest at the ceremony.
During the inauguration, distinguished guests unveiled the plaque and a statue of Lord Ganesh. Mayor Jayanand Anchan praised the managing director of Land Trades, K Srinath Hebbar, for his contributions to the development of Mangaluru. Anchan also expressed his intention to recommend Hebbar for the prestigious Rajyotsava award as recognition for his remarkable contributions to the city.
Speaking at the event, Sandhya Mohan Acharya, the Corporator of Mannagudda ward, expressed her pride in having a skyscraper like 'Nakshatra' in her ward. She commended Land Trades for promptly resolving any construction-related issues faced by the neighborhood.
P S Prakash, Editor and CEO of Hosa Digantha Kannada daily, praised Land Trades for maintaining high-quality standards and acknowledged Srinath Hebbar's significant contribution to Mangaluru's development.
Ravichandran S, the General Manager of Karnataka Bank, reflected on the transformation of Mangaluru over the years, noting the absence of high-rise buildings when he first arrived in the city in 1986. He credited Srinath Hebbar for playing a vital role in Mangaluru's progress and expressed confidence that Land Trades would continue to excel in delivering quality apartments.
MLC Harish Kumar, in his address, acknowledged the growing demand for apartments in Mangaluru and attributed Land Trades' success to the dedicated efforts of Srinath Hebbar and his team.
The managing director of Land Trades, K Srinath Hebbar, welcomed the attendees, while CEO Ramith Siddakatte proposed the vote of thanks. The event was compered by Manohar Prasad and Mahesh Nayak.
Nakshatra, the 40th project by Land Trades, is located in Gandhinagar, 8th Cross Road, Mangaluru. It offers a range of flats with floor areas ranging from 1292 sq ft to 2526 sq ft. Nakshatra prides itself on seamlessly blending style with substance to provide a pleasurable living experience for residents. The project witnessed tremendous success, with a majority of the apartments being sold shortly after the launch. Only a limited number of flats are currently available, and exclusive preview visits are being arranged for interested buyers.
Architect Peter Mascarenhas of Archi-Technics, known for his work on other acclaimed Land Trades projects like Solitaire, Atlantis, and Maurishka Palace, beautifully designed Nakshatra. The construction work was flawlessly executed by MFAR Constructions, an internationally reputed company. The building adheres to 100% Vastu compliance and is approved by the Real Estate Regulatory Authority (RERA).
Nakshatra boasts beautifully landscaped open areas, a visitors' lobby, Mitsubishi high-speed lifts, and a covered rooftop terrace that serves as a community space for residents to host functions and celebrate special occasions. The building features basement car parking across four levels. Other amenities include a backup power generator, CCTV surveillance, access control system, firefighting facilities, and video door phones.
The project emphasizes eco-friendliness, incorporating features such as rainwater harvesting for water conservation, solar-powered hot water supply, on-site waste segregation, an in-house sewage treatment plant, and a state-of-the-art fully electric organic waste converter.
The spacious interiors of Nakshatra are designed for maximum comfort, ensuring natural ventilation and ample sunlight. Premium materials are used for surface finishing, flooring, woodwork, plumbing, electrical work, and bathrooms. The main entrance doors are secured with premium locks. Additionally, the project offers a centralized reticulated gas connection.
Nakshatra joins the esteemed portfolio of Land Trades' premium projects, including Solitaire (Hat Hill), Emerald Bay (Beach Property at Surathkal), Maurishka Palace (Kadri Kambla), Sai Grandeur (Jail Road), Roopali and Atlantis (Bendorewell), Insignia (Valencia), Sai Prem (Mannagudda), among others. Land Trades is also promoting upcoming luxury high-rise projects like Altura at Bendorewell and Shivabagh at Kadri Shivabagh, along with Adira, a premium apartment project at Urwa Marigudi Temple Road, and Kamath Gardens, a residential layout at Ullal.
Founded by first-generation entrepreneur K Shrinath Hebbar in 1992, Land Trades Builders & Developers has established itself as a leading real estate and property developer in Mangaluru. The firm holds an ISO 9000:2015 certification and enjoys a 'DA2' Real Estate Developer Rating from CRISIL. Many of their completed projects have received top individual project rankings from CRISIL.
Recognizing the demand for luxury homes, Land Trades is preparing to launch three new luxury residential projects at prime locations in Chilimbi, Vas Lane, and Alake. Additionally, they have upcoming commercial projects on PVS Road and at Yeyyadi.
Let the Truth be known. If you read VB and like VB, please be a VB Supporter and Help us deliver the Truth to one and all.
RS proceedings adjourned for day amid opposition protest over Adani bribery row, other issues
New Delhi(PTI): Rajya Sabha proceedings were adjourned for the day on Wednesday as opposition members insisted on a discussion on various issues, including bribery charges related to the Adani Group.
The proceedings were briefly adjourned in the morning session due to opposition protest, and when the House re-assembled at 11.30 AM, there were identical scenes.
This prompted Chairman Jagdeep Dhankhar to adjourn the proceedings for the day, saying the "House is not in order".
The trobule started after Dhankhar rejected 18 notices under a rule of the House to suspend scheduled business and take up issues mentioned in the notices.
The notices related to demand for 'constitution of a JPC to investigate the alleged misconduct, including corruption, bribery, financial irregularities of the Adani Group in connivance with other authorities', violence in Sambhal in Uttar Pradesh and rising incidents of crime in the national capital.
"Upper House needs to reflect and follow well-established traditions that ruling of the Chair requires reference and not cause differences. I have, in detail, given reasons why, in these situations, notices are not being accepted," Dhankhar said while rejecting the notices under Rule 267 of the House.
On Monday also, the Rajya Sabha proceedings were adjourned for the day during the morning session itself as opposition insisted on raising the issues related to Adani Group.
There was no sitting of the House on Tuesday.
The Adani Group said on Wednesday that Gautam Adani, and his nephew Sagar have not been charged with any violation of the US Foreign Corrupt Practices Act (FCPA) in the indictment that authorities filed in the New York court in an alleged bribery case.
