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.
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India & Israel elevate ties to special strategic partnership, vow to soon conclude free trade deal
Jerusalem (PTI): India and Israel on Thursday elevated their "time-tested" relationship to a special strategic partnership and agreed to soon firm up a "mutually beneficial" free trade deal even as Prime Minister Narendra Modi strongly backed the Gaza peace initiative, asserting that humanity must never become a victim of conflict.
Following talks between Modi and his Israeli counterpart Benjamin Netanyahu, the two sides inked a plethora of agreements to expand cooperation in areas of trade, agriculture, energy, cyberspace and digital payment.
India and Israel also vowed to expand their already close defence partnership by working towards joint development and joint production of military hardware under the framework of the transfer of technologies.
In his media statement, Modi said India's security interest is linked to peace and stability in the Middle East, adding that New Delhi fully supports the Gaza Peace Initiative.
"India's stance is clear: humanity must never become a victim of conflict. A path to peace has been created through the Gaza Peace Plan. India has fully supported these efforts," he said.
"In the future as well, we will continue dialogue and cooperation with all countries," he said.
PM Modi landed in Israel on Wednesday on a two-day visit. It is his second visit to Israel in nine years.
In his remarks, the prime minister said India and Israel have a united view that there is no place for terrorism in the world and both sides stand shoulder-to-shoulder in countering terrorism and its supporters.
"Our relationship is founded on the strong bedrock of deep trust, shared democratic values, and human sensitivities. Our bond has stood the test of every trial of time," he said.
"Today, we have taken the historic decision to elevate our time-tested partnership to the status of a 'Special Strategic Partnership'," he said.
The prime minister also announced the establishment of an India-Israel critical and emerging technologies partnership to impart a new momentum for cooperation in areas of artificial intelligence, quantum, and critical minerals. "I am pleased that an agreement has been reached for the use of UPI in Israel," he said.
The prime minister, referring to the threat of terrorism, said India and Israel will continue to confront the menace unitedly.
"India and Israel are completely clear that there is no place for terrorism in the world. In any form, in any expression, terrorism cannot be accepted," he said.
"We have stood shoulder-to-shoulder in opposing terrorism and its supporters, and we will continue to do so," he added.
India and Israel also discussed the implementation of the India-Middle East Europe Economic Corridor (IMEC) and cooperation under the framework of I2U2 (India-Israel-UAE-USA).
