Bangalore & Sanfrancisco - Bonds get stronger !

Bangalore and San Francisco on Monday signed seven Memorandums of Understanding (MoUs) strengthening the ‘sister cities’ arrangement.

The MoUs were signed in the presence of Chief Minister Yedddyurappa and San Francisco Mayor Gavin Newsom at Vidhana Soudha. “The sister cities concept is unique - it is a two-way process, which ensures give and take by both the sides,” the Chief Minister told reporters. Healthcare, water and sanitation, education and research, art, museum and culture, trade and commerce and fashion technology were the areas wherein MoUs were signed. Promoting growth The two cities had signed an MoU in October last year to form sister cities arrangement, aimed at promoting cooperation and understanding between the two cities and to partner in the areas of economic growth, cultural exchange, knowledge transfer and fostering clean technology. It has now been extended to seven more areas. Great output Gavin Newsom said San Francisco would take the MoU seriously and provide great results. The main thrust will be on exchanges in infrastructure development, waste disposal, environment initiatives. “Bangalore is a remarkable place which attracts creative people...I am a huge fan of India and Bangalore. Having cordial relations with India is essential,” he stated.

Source : deccan.com

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Shriram Properties launches new projects

Shriram Properties, property development arm of Shriram Group, on Wednesday, announced the launch of it’s housing project consisting of over 7,000 homes across Bangalore, Chennai, Vizag and Kolkata.

Priced in the range of Rs 9 lakh to Rs 30 lakh, the houses will have amenities like swimming pools, jogging tracks, multipurpose community hall, children’s play area, shopping complexes, club houses and proximity to transportation hubs. In addition to this, the company also tied up with a school chain, which will provide educational opportunities to the residents. Shriram Properties Managing Director M Murali said “in India, there is a huge need for affordable housing and we are privileged to have all the approvals in place and to commence construction.” The Bangalore project ‘Shriram Surabhi’ and ‘Shriram Smrithi’ are being developed off Kanakpura Road and Athibele Sarjapur Road respectively. ‘Shriram Sankari’ is coming up in Chennai. In Vizag, it is coming up in Madurawada, and in Kolkata, in Uttarpara. The project, which involves an investment of Rs 850 crore, is being funded largely by private equity and will be completed within next 24 to 30 months. Bought to you by : Ravina Media Media &PR Division of Ravina Consulting No.429 Mahavir Tuscan Near Hoodi Circle, Whitefield Mahadevapura Post BANGALORE 560048 Mobile : +91.98800.80321 raghav@ravinaconsulting.com www.twitter.com/bangalorenews