Rotor space - catalyst for realty boom?

Bangalore: While the City is abuzz with excitement, albeit a little sceptical about the Bangalore International Airport Limited (BIAL), which is slated for take-off this month end, there is one aspect that is slowly gaining momentum in the real estate industry — helipad.
The current trend in Bangalore seems to be rooftop or elevated helipads. Real estate companies are already wooing potential clientele with the option of helicopter services to ensure fast passage to the new airport.
Deccan Aviation recently announced its plans to have four helipads across the City to ferry passengers, and is presently content with grass helipads that would not need too much maintainance. Col Jayanth Poovaiah, Director, Deccan Aviation, said the company would begin helicopter shuttle services from Bangalore city to the upcoming international airport at Devanahalli after its inauguration.
The future of helicopter services along with functional helipads definitely has a bright future in the real estate industry, said V Shashikant, CEO, UB Global.
The Brigade Group is going ahead with an elevated helipad in its new 30-storied Northstar building of the Brigade Gateway project in Malleswaram, according to Ms Indira Sharma, vice president, Marketing, Brigade Group.
While Brigade is awaiting DGCA approval for its two helipads, the helipad at Golden Gate Properties on Tumkur Road in its 13.1 acre-Golden Grand project, marketed by Asipac, is proposed on the tallest building of the project.
07/03/08 Deccan Herald

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Categories: Indian Aviation- In General Mar 2008, New Mar 2008