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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 ...

The State Government is all set to improve the road network in Bangalore to enable faster movement of motor vehicles, and towards this end it is expected to clear a nearly Rs. 2,800-crore project to construct an elevated expressway linking Bangalore South (Madivala) with Bangalore North (Hebbal) and another elevated road to link Bangalore East ...

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 ...

Upon Request I am Sharing this mail that was sent to me by Mr.Saranga Bezbaruah, who got a taste of of Namma Bangaluru Police! The Intention is not to Discriminate Police Department but to encourage people to rise voice where ever and when ever they can against corruption and malpractices in the System instead of being a Dumb Spectator as ...

Lack of space in your house? You can now legally create more space. BDA’s Masterplan 2015 made the provision, while the BBMP has now come out with a break-up of how much additional space you can have in your existing or a new house: by changes to setback, coverage area, Floor Area Ratio (FAR) and height of the building. To help people ...

The BBMP has resorted to an almost tenfold increase in the building licence fee, ground rent and charges to obtain certified copies of the plan. The new rates were approved by BBMP Administrator Dilip Rau on November 17 and came into effect on December 18. While standalone residential units have been spared from the increase, it is eight-fold ...

Yes, this is a Good News for all those who are waiting for a BDA site allotment, The Governor's executive committee will shortly give nod to five new layouts to be formed by BDA that will have over 90,000 sites across the city.The BDA has completed the ground survey and has sent a formal survey to KIADC to initiate land acquisitions ...

In what could be another relief for property owners in Bangalore, Bruhat Bangalore Mahanagara Palike (BBMP) is planning to put on hold the collection of improvement charges. Reason: The controversy surrounding the Sakrama scheme. Realising, rather late–especially after widespread agitation against Sakrama– that the basic purpose of ...

With the boom in the real estate business in Bangalore Rural and the newly created Ramanagara districts, the Department of Registration and Stamps has notified upward revision of property guidance values in these districts for the year 2007-08. The revision of values in the Bangalore Rural District covers Devanahalli, Doddaballapur, Hoskote and ...

Following queries by people on the process of obtaining khata or transferring it, Bruhat Bangalore Mahanagara Palike (BBMP) has issued a set of guidelines to be followed by citizens while applying for khata certificates. BBMP Commissioner S. Subramanya has directed all zonal revenue officials to ensure that people were not put to hardship during ...

Even as land available for agriculture is rapidly shrinking with the unprecedented boom in real estate business, the Bangalore Urban Zilla Panchayat has drawn up a whopping Rs. 629 crore agricultural draft plan to seek funds from the Rastriya Krishi Vikas Yojana (KRVY) of the Centre during the 11th Five Year Plan (2007-12). Interestingly, the ...

Condemning the decision of Bruhat Bangalore Mahanagara Palike (BBMP) to introduce the Capital Value-based System (CVS) of property tax in the city from April 2008, two former Congress Mayors on Thursday demanded that the existing system of calculating tax based on the annual rental value under the Self-assessment Scheme (SAS) be ...

Even during the high-voltage political drama, the men-in-power took time off to denotify a whopping 170-odd acres of land worth hundreds of crores in the city in less than 10 days. The speed and the manner with which the notified lands for various developmental projects by the BDA were excluded from the acquisition raises suspicion of kick-backs, ...

Property owners in Bangalore City will have to switch over to the new method of property tax assessment — Capital Value based assessment System (CVS) — from the next financial year (from April 1, 2008) instead of the existing Annual Rentable Value (ARV) based assessment. However, those who have put up new structures, renovated or ...

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 ...

Developments in the recent weeks have required India to moderate the flow of funds into the country but the government has no intention of controlling capital flows, Finance Minister P Chidambaram has said. "Let me assure you we have no intention of imposing controls on capital inflows. Nor do we intend to keep out certain kinds of ...

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," ...

There is a net shortage of 25.90 lakh sq feet of government office accommodation in Delhi alone and 20.12 lakh sq ft in other major cities, according to a report prepared by the Urban Development Ministry. In Kolkata, the demand for government office accommodation is 20,74,653 sq ft but the availability is only 13,79,402 sq ft. Similarly at ...

Makers of electricity meters and transformers IMP Powers has bagged an order worth Rs 65 crore from a renowned EPS Contractor for supply to Maharashtra State Electricity Board. Under the contract IMP Power will supply EHV Transformers of 132 and 220 kv class, the company informed the BSE today. The company plans to execute the order in the next ...

The ambitious Sakrama — building regularisation scheme — may have come as a breather for owners of buildings with violations. But till it gets off the ground and cases are settled, the BBMP has decided to milch the cow. With the Capital Value System (CVS) of taxation coming into force for new and unassessed properties, the BBMP has ...

Come November, the Metro Rail project will enter a more visible phase. The Bangalore Metro Rail Corporation (BMRC) will begin erecting piers above the ground level on M G Road. However, the work along Old Madras Road is bound to suffer a delay of four weeks due to a litigation pending before the Supreme Court over land acquisition. Said V Madhu, ...

Whether you are planning to buy your first home or sell your existing home, contact us today!  We'd love to hear from you!The controversial Bangalore Mysore Infrastructure Corridor (BMIC) project is likely to move forward again.Chairman and Managing Director of Nandi Infrastructure Corridor Enterprise Ashok Kheny met Governor Rameshwar ...

Tax rate for vacant sites will double; for individual residences it will rise marginally.  The new system is applicable for all new and un-assessed properties with immediate effect.Unlike in other parts of State, CVS implementation was delayed in Bangalore.With the Bruhat Bangalore Mahanagara Palike (BBMP) all set to introduce the Capital ...

New properties and unassessed buildings will come under the new property tax regime — Capital Value System (CVS). However, existing tax-payers will continue under the old Self-Assessment Scheme (SAS). The BBMP has now opened up its second half-yearly tax collections — from October 1 to November-end. The BBMP, dilly-dallying over CVS ...

The Karnataka government has awarded the 9,187-acre Bidadi Knowledge City, which will be positioned as New Bangalore, to the country’s largest realty firm DLF Ltd.   This project is three times the size of DLF City, the realty firm’s flagship integrated township in Gurgaon.   The project will entail an investment of over Rs ...

70 buildings on primary drains(Raja Kaluve) razed in Bangalore cityThe drive was launched on SaturdayAreas in three zones covered on MondayStructures that encroached upon the primary drains and caused the deluge on the festive weekend throwing life out of gear are being razed by heavy machinery and men deployed by the Bruhat Bangalore ...

Twenty-four buildings stood bang on the raja kaluve of Nayandahalli Lake and were the main reason for flooding on the Mysore Road during the October 2005 downpour. While many areas in south, east and south-west were marooned, the Mysore-Bangalore highway was closed for two days. On Thursday morning, armed with men and machinery, the district ...

A huge Rs 25,000-crore investment in the form of 11 integrated townships for IT, BT and ITES sectors is on its way in Bangalore. In a major boost to IT and the real estate sector, the Karnataka government has given the green signal to 11 local, national and international developers to set up mega townships in the city. The state high-level ...