A few thoughts...   
          We hope that the newly formed Central Government led by the skilled Sri Vajpayee, will survive the predictable turbulence ahead. Business and industry in India desperately need stability to "feel good" in their work.

A self-reliant country like ours, with its huge untapped potential, and rearing to go, needs leaders with a 'vision' and a zeal to achieve the 'mission'. It's time the educated and the wealthy think of entering politics with a view to contributing to the nations growth.

For too long, both business and the public have been complaining about lack of proper infrastructure and inadequate civic facilities. Both citizens and corporate organisations have to realise that for the situation to improve they need to take an active role in civic issues, rather than have a laid-back uninvolved attitude.

Having returned recently after attending the Asia Pacific Cities Forum workshop, I have realised, that civic problems are common to all cities, be it Atlanta in USA or Beijing in China. If Tokyo, with its 12 million population, is considered the second most livable city in Asia, the credit goes not just to the city administration but also the citizen activists groups and socially responsible corporates.

Its time business and industry, small or big, realise the gravity of civic problems and start being socially responsible corporate citizens by contributing their might and resources. Such expenditure should be treated as Social Investment, which in my opinion will give rich rewards in the long term by way of improved brand equity.

For the last few months the developer community is generally of the opinion that the real estate prices have bottomed out and the present market scenario offers the best buys. Disposable income has to have an avenue of investment. Compared to Stock Market (volatile and risky), Gold (but liquid has lost its charm), Bank Deposits (safe but low yield), NBFC Deposits (reasonable return but risky), investment in Real Estate (not very liquid) offers excellent potential for appreciation on medium-to-long term basis. But one has to exercise caution and judgment in selecting the right property and the right builder.

M.R. Jaishankar
Managing Director 
Brigade Hillview Launch 

        The advantages of Brigade Hillview begin with its serene location, adjacent to the green tranquillity of the Ramakrishna Ashram and opposite the historic Gavigangadhareswara hillock. Yet, for all its sense of being far removed from noise and bustle, Brigade Hillview is deceptively close to many civic amenities: BMS Engineering College, National College, Bangalore High School and other reputed educational institutions are within a kilometre. The Gandhi bazar shopping area is within walking distance; and enthusiastic morning walkers will find Lalbagh just a 3-minute drive from Brigade Hillview.

Brigade Hillview offers stately architecture and luxury specifications accommodating just 16 apartments spread over ground + 3 floors. Each apartment is 1825 sft. Construction is in brisk progress and ground floor slab casting is underway.

The project is approved by LICHFL. Finance is also available from other leading finance institutions.  



   A Fortune-500 companys subsidiary moves into Brigade Seshamahal  
          The modern classic, Seshamahal, became the software development centre for Phoenix Global Solutions (India) Pvt. Ltd, on Sunday 29 March. Mr Jeffery Hawkins, Vice Consul, American Consulate, Chennai, was the chief guest.

After Phoenix Home Lifes plans were received in Dec 97, work in Brigade Seshamahal was intensive and the building made ready for the inauguration in a record time of three-and-half months. With its double glazing and brick red tiles, Seshamahal is a delightful combination of the old and new. We wish the new occupants every success at Seshamahal. 



   Brigade Software Park deemed an Infrastructure project  
          The Government of Karnatakas revised Infrastructure Policy
G.O.No. I DD 1 UIP 97 dated 26 Dec 1997, offers concessions for infrastructure projects like Industrial Parks:
1. Exemption from payment of Sales Tax on works contract.
2. Exemption from payment of Stamp Duty

Brigade Group is happy to announce that Brigade Software Park is classified as an infrastructure project and buyers will be eligible for the Stamp Duty Concessions.

This is in addition to the incentives available to the Software Industry under the Information Technology Policy.