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Government of Karnataka, on the occasion of 2nd Bangalore Nano, in the august presence of Shri. M. Hamid Ansari, H.E. Vice President of India, Shri. Rameshwar Thakur, H.E. Governor of Karnataka, Dr. V.S. Acharya, Honourable Home Minister, Government of Karnataka, Prof. C.N.R. Rao, Chairman, Science Advisory Council to the Prime Minister, ...

Even the previous Coalition Government about 1 year back had announced the same thing, which brought cheers to thousands of middle class families, but after all the drama the government failed, and brought a blanket on this issue, now with the New Government announcing this it is a very good news for all, with BDA sites costing a Bomb , many ...

The Supreme Court today stayed an Election Commission order which had put the brakes on the the Bangalore-Mysore Expressway Infrastructure Project in Karnataka. The multi-crore corridor project, estimated to cost over Rs 1,500 crore, is aimed at providing an 111-km expressway connecting Bangalore and Mysore. It will also be dotted by five ...

With BJP coming to power you can expect a lot of things in Bangalore Infrastructure, the First positive sign was NICE project, the work near Gottigere lake will begin soon completing the Corridor which was halted by earlier Government for Personal reasons, read on this article explaining Political Development in Karnataka. "A new era ...

The 'main roads' of Devapala, Arudi and Singenahalli villages, bordering Gowribidanur taluk, Bangalore Rural district, are virtually nonexistent. It's tough even for a bullock cart to navigate these roads. The value of dry agricultural land adjacent to the main road was Rs 50,000 per acre till February 29. But from March 1, it has ...

If you want to buy an insurance policy, you have to purchase the policy from an insurance agent recognised by the Insurance Regulatory Development Authority. If you want to invest in fixed deposits, you have to follow RBI guidelines. If one wants to invest in shares then there are SEBI guidelines for regulation. However, when a person is on the ...

Government approved 14 proposals for setting up SEZs, including those of TCS and Singapore-based realty major Ascendas but deferred a decision on plans by DLF and Unitech Hitech for setting up tax-free zones in Noida in the NCR region. Formal clearance for 10 proposals and in-principle nod to four applicants was given by the Board of Approval ...

The Government has cleared seven co-developers in Mukesh Ambani-promoted Navi Mumbai SEZs, thus endorsing fresh investment through private equity players by a key partner of the RIL Chairman. "The Board of Approval gave a green signal to the Navi Mumbai SEZ proposal subject to their producing data on net assets of the co-developers," ...

The Karnataka State Road Transport Corporation (KSRTC) has decided to shift operations of all its Tamil Nadu bound express buses (Karnataka Sarige) that ply via Mysore Road and Hosur Road from the Kempegowda Bus Station (KBS) to the Mysore Road Satellite Bus Teminus with effect from Wednesday (August 15). Announcing this on Tuesday, A P ...

BANGALORE: An additional 500 million litres a day of Cauvery water will be supplied to Bangalore city from the second phase of the fourth stage of the Cauvery Water Supply Scheme, which will become operational 2011-12, Home Minister M.P. Prakash said on Tuesday. Replying on behalf of the Chief Minister during question hour in the ...

BANGALORE: The Bangalore Development Authority (BDA) is handing over major layouts to the Bruhat Bangalore Mahanagara Palike for maintenance as per Government order no. UDD/78/MNX/2006, dated May 5, 2007. It includes BDA-formed layouts, BDA-approved House Building Cooperative Societies (HBCS) layouts and private layouts. Allottees in ...

BANGALORE: The Joint Committee of Legislature on Land Encroachment in Bangalore City/Urban District headed by A.T. Ramaswamy on Thursday tabled its second interim report, which runs to 130 pages, in the Legislative Assembly detecting encroachment of about 30,000 acres of land belonging to different departments and statutory bodies in the ...

New Delhi: The Housing finance regulator, National Housing Bank has launched index much like the BSE benchmark Sensex to track the price movement of real estate particularly residential housing for five cities. Finance Minister P Chidambaram launched the index called the NHB Residex for five cities- ...

Bangalore, Jul 1: In accordance with Bangalore Development Authority (BDA) Master Plan it will become mandatory for all properties developed on 60x40 sites to compulsorily go for rain water harvesting (RWH). And as incentive five and two per cent rebate on property tax will be given for residential and commercial buildings (with RWH ...

Bangalore, Jun 22: Gabbar Singh’s Ramgarh will now become a district. Ramanagaram, where Sholay was shot, will make its debut as a district on Independence Day. Along with Ramanagaram, Chikballapur in Kolar district will be carved out as a district on August 15, with the cabinet clearing both the proposals on Thursday. With this, ...

New Delhi, India, June 06, 2007 - The Union Minister of Shipping, Road Transport & Highways Thiru T.R.Baalu, has said that his Ministry is working in right earnest on the 250 Kms Bangalore Ring Road project. During a meeting with the Chief Minister of Karnataka, Shri H.D. Kumaraswamy in Bangalore today, Thiru Baalu informed him that ...

  18 acres of land fetches Rs. 9.55 crore   Bidders did not participate in auction of three blocks   BANGALORE: Bidders developed cold feet to the auction of government lands, which were recovered from encroachers, on Wednesday with three of the five blocks that were put under hammer not tempting them. The ...

The government is on the horns of a major dilemma when it comes to the real estate sector. Over the past few weeks it has sought to systematically choke external fund flow to this sector. The budget restricted benefits of venture capital investments to nine sectors, a move believed by many to be aimed at the real estate sector. Earlier this ...

Association seeks 45 days more time to file objections to the plan BANGALORE: Land developers have alleged that Interim Master Plans prepared by the Bangalore Metropolitan Region Development Authority (BMRDA) have at least "50 per cent irregularities" and have called for an enquiry. Stating this at a press conference on Wednesday, ...

Chief Minister H D Kumaraswamy on Monday said the fortunes of Bangalore's lakes could be turned around by handing them over to Bruhat Bangalore Mahanagara Palike (BBMP) and Bangalore Development Authority (BDA). After facing flak over rampant encroachment and abysmal conditions of lake beds in Bangalore, the State government is looking at ...

Bangalore: The Karnataka government has given 20,000 hectares of land for industries around Bangalore and this is part of a Master Plan for the development of the Bangalore Metropolitan region.  While this may be good news for some, it also means the loss of large areas of agricultural land.  “There is 20,000 hectares additionally ...

What effect will extending the deadline of pubs & restaurants to 1.30am have on the image of Bangalore as a global city? BT asks expats and hospitality pros. It's been discussed, considered and rejected before. But Bangaloreans are hopeful this time the decision to extend deadlines will be carried through, and that pubs, clubs and ...

Inundated houses, power cuts, tree falls and clogged drains send civic body officials into a tizzy BANGALORE: The death of 45-year-old Lakshmi on Sunday exposed the apparent inability of the authorities to create infrastructure that does not cave in whenever it rains. On Saturday, when it rained about 75 mm, Bruhat Bangalore Mahanagara Palike was ...

Officials say it can take six months for the normal situation to return Government Order creates confusion about jurisdiction Builders, developers criticise steep increase in guidline value BANGALORE: The revised guidance value for properties in Bangalore that came into effect from Thursday has been criticised by the industry even as the number of ...

BANGALORE: Property owners in the five new zones comprising the seven erstwhile city municipal councils (CMC) and one town municipal council (TMC) areas will have to pay more property tax from this year. As part of the property tax, the Bruhat Bangalore Mahanagara Palike (BBMP) will collect 10 per cent storm water drain cess in these areas in ...

BANGALORE: Bangaloreans, prepare for a shock: Starting Thursday, the guidance value — official cost of land — in the city will go through the roof. As per a final notification issued by the government on Wednesday, the cost of residential sites has been increased by 50%, commercial properties by 60% and industrial properties by 25%. ...

Even as the row over land acquisition for industrial projects rages, a new authority is being set up to vet land requirements of SEZ projects. The move is aimed at preventing SEZ projects from turning into real estate ventures. The rural development ministry has proposed that the authority should scrutinise the demand for land by promoters before ...

BANGALORE: The next time you inform the Bangalore Development Authority (BDA) about an encroached site, you could be richer by Rs. 2 lakh. To stall further encroachment and to add to the Rs. 700 crore worth of encroached property it reclaimed this year, BDA on Thursday launched a new incentive system for informers. Here is how it works: For ...

BANGALORE: Luxury will come with a premium. By April, you may have to shell out some extra money to the stamps and registration department if the property you are going to buy boasts special amenities. To cash in on the housing boom in Bangalore, the government has come out with separate guidance value for special amenities that are offered by ...