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  • Land takeover for High Speed Rail to start Soon

    The now-on, now-off High Speed Rail Link (HSRL) project connecting the city to the Bengaluru International Airport (BIA) is finally gathering momentum. The Bangalore Airport Rail Link Ltd (BARL), a special purpose vehicle created by the government to see its implementation, will kickstart the project with land acquisition this month. BARL is all ...
    Posted to My Bangalore Blog (Weblog) by 233134 on April 17, 2010
  • Bangalore infrastructure gets a shot in the arm

    While Chief Minister B S Yeddyurappa did not deliver a Bangalore package aimed at upcoming BBMP elections, the 2010-11 state Budget has promised a substantial boost to the IT capital’s infrastructure development. A sum of Rs 18,872 crore figures as a three-year plan for improving Bangalore’s transport systems, but the specifics are ...
    Posted to My Bangalore Blog (Weblog) by 233134 on March 6, 2010
  • BDA sets a record in land recovery

    The Bangalore Development Authority on October 25 recovered 44 acres and 15 guntas of its land worth Rs 250 crores in a major land-recovery operation in Kothnur village of Bangalore South taluk. This is a record of sorts in the BDA's history in terms of the extent of area recovered and also the value of the property. Moreover, the BDA has ...
    Posted to My Bangalore Blog (Weblog) by 233134 on October 29, 2009
  • JP Nagar-BDA recover Property

    In an unprecedented drive, BDA acquired property worth Rs 45 crore at Sarakki Agrahara Village in JP Nagar 2nd Phase.Some people had constructed structures on three acres of land that was notified by BDA in 1970 for the formation of JP Nagar 2nd Phase and were fighting court cases against the BDA.The court gave its verdict in favour of the ...
    Posted to My Bangalore Blog (Weblog) by 233134 on October 7, 2009
  • New Initiative of Govt. of INDIA to help Public Grievance

    Dear All Government of India has an online Grievance forum at http://www.pgportal.gov.in  Can you imagine this is happening in INDIA? The govt. wants people to use this tool to highlight the problems they faced while dealing with Government officials or departments likeRailways. Posts.Telecom (incl. Bharat Sanchar Nigam Limited ...
    Posted to My Bangalore Blog (Weblog) by 233134 on October 5, 2009
  • Karnataka under Water:Govt appeals to people for donations

    The Karnataka Government has sought help for flood relief and rehabilitation work, and appealed to the people to donate liberally. Contributions can be made both as cash and in kind. Home minister V S Acharya said: "Rescue and relief operations of such a gigantic scale cannot be comprehensive without cooperation of the public and assistance ...
    Posted to My Bangalore Blog (Weblog) by 233134 on October 5, 2009
  • Karnataka Property cards to fix glitches in records

    You may have credit, debit, petro and membership cards, but a Property Card could be the one to have. For it promises to revolutionize the realty sector in Karnataka. When the Karnataka Land Grabbers (Prohibition) Act comes into force soon, it’ll bring in transparency by cleaning up land records. These had always been messed with, resulting ...
    Posted to My Bangalore Blog (Weblog) by 233134 on October 4, 2009
  • Good News:Karnataka Land Sharks will soon be booked

    [photo:listing:1955071:1]Here is a good news to all those poor farmers and NRI Investors: Land grabbers, many of whom went scotfree all this while, may now end up behind bars for laying their hands on prime government land.The jinxed A T Ramaswamy committee report on encroachments will come to life again. An exclusive Act to deal with land ...
    Posted to My Bangalore Blog (Weblog) by 233134 on September 30, 2009
  • BBMP Akrama-Sakrama 2009: Panel Revises for 50 per cent cut in penalties

    The Cabinet Subcommittee for Regularisation of Unauthorised Constructions in the State, which met here on Tuesday, has recommended slashing of penalty rates applicable under the earlier Akrama-Sakrama Scheme by nearly 50 per cent. Minister for Transport R. Ashok, who is in-charge for Bangalore North and is also chairman of the subcommittee, said ...
    Posted to My Bangalore Blog (Weblog) by 233134 on September 26, 2009
  • Karnataka focuses on infrastructure development

    Karnataka is focusing big on infrastructure development, if the plans and projects in the pipeline are anything to go by. According to V Madhu, principal secretary – Infrastructure Development Department, Karnataka Government, there are 224 projects worth Rs 1.38 lakh crore under various stages of planning and progress in the public-private ...
    Posted to India Real Estate News Weblog (Weblog) by 233134 on September 7, 2009
  • Punjab to take up Rs 31,248 crore infra projects via PPP model

    The Punjab Infrastructure Development Board (PIDB) will take up new projects under the public-private-partnership (PPP) mode valued at Rs 31,248 crore, reports Financial Express. According to the report, around 62 projects are on anvil. The most ambitious of these projects are five expressways -- the Mohali-Phagwara Expressway at Rs 2,500 crore, ...
    Posted to India Real Estate News Weblog (Weblog) by 233134 on September 7, 2009
  • IIFCL eyes Rs 11,500 crore disbursal this fiscal

    Government-owned India Infrastructure Finance Company Limited (IIFCL) expects to disburse close to Rs 11,500 crore this financial year. “Our disbursement so far this financial year has been close to Rs 6,300 crore. It was Rs 4,891 crore by the end of March 2009. We expect disbursal of Rs 10,500-11,000 crore by the end of this financial ...
    Posted to India Real Estate News Weblog (Weblog) by 233134 on September 7, 2009
  • Government recalls two directors from Maytas Infra board

    The government has recalled two nominee directors, K Ramalingam and O P Vaish, from the board of Maytas Infra which was handed over to infrastructure major IL&FS on Monday. Two other government nominees, Ved Jain and Anil Agawaral, will, however, continue on the board of the company. "We have to keep two directors on board (of Maytas ...
    Posted to India Real Estate News Weblog (Weblog) by 233134 on September 7, 2009
  • BMIC: No Road over Gottigere Lake Says HC

    The Nandi Infrastructure Corridor Enterprises Ltd (NICE) has won a legal battle against the state government in the Karnataka High Court. The HC on Thursday nullified the notification of the state government directing NICE to construct a peripheral road across the Gottigere lake by erecting pillars. The notification was issued during the ...
    Posted to My Bangalore Blog (Weblog) by 248075 on March 29, 2009
  • High Speed Rail Link: Greater Bangalore to go bigger

    The city will get bigger with the government bringing under BBMP areas along the national highway to the Bengaluru International Airport. This is primarily to facilitate the High Speed Rail Link (HSRL), which is being taken up under the Mysore Tramway Act instead of the Railways Act. This is because the criteria demand that the project fall under ...
    Posted to My Bangalore Blog (Weblog) by 248075 on March 29, 2009
  • Koramangala residents fight for lung space

    Even after 10 years of watching their local playground being monopolised by a private hard-ball cricket camp, members of the Resident Welfare Association (RWA) of Kormangala Third Block are not willing to give up. Now they have come together to keep their efforts in redeeming the two-and-a-half-acre park on track. Designated as a civic amenity ...
    Posted to My Bangalore Blog (Weblog) by 248075 on March 29, 2009
  • Reduction in Property Tax On The Cards in Maharashtra

    As the property graph continues to go down, the state government plans to reduce the property rates in the Ready Reckoner to reflect reality. The reduction might well be in the range of 10 to 30 percent of the rates for various areas in the existing Ready Reckoner. The decrease in Thane and Pune, where the recession has hit badly, will be more. ...
    Posted to India Real Estate News Weblog (Weblog) by 248075 on March 21, 2009
  • Bell The Cat (Cops' Admission Test) For A DDA Flat

    DDA's latest allottees will have to wait to get their flats. The investigation into the alleged housing scheme scam, which had so far centered on allotments in the reserved categories, will now also scrutinize General Category allotments. The Economic Offence Wing (EOW) of Delhi Police shot off questionnaires to all the successful allottees in ...
    Posted to India Real Estate News Weblog (Weblog) by 248075 on March 21, 2009
  • Cabinet Approves 3 New BDA Layouts in Bangalore

    These layouts are located between Varthur and Gunjur of Bangalore East taluk. The State cabinet, on Saturday, gave its approval for creation of three new layouts by Bangalore Development Authority. The new layouts are KC Reddy layout, S Nijalingappa layout and D Devraj Urs layout. These layouts are located between Varthur and Gunjur of Bangalore ...
    Posted to My Bangalore Blog (Weblog) by 233134 on March 4, 2009
  • Bangaloreans Gets Historic Freedom Park

    The wait is finally over. With phase one almost complete, Freedom Park on Seshadri Road was inaugrated yesterday by senior BJP leader L K Advani. The 21-acre Central Jail campus, once a dark mystery to the world, is now a befitting monumental park spread over 16 acres. What’s at the park? There is an all-new entry, with the old entrance, ...
    Posted to My Bangalore Blog (Weblog) by 248075 on March 1, 2009
  • Finally IIT dream coming true in Bangalore

    The state has finally succeeded in getting an Indian Institute of Technology (IIT). The Central government has agreed to sanction one IIT to the state in the 2009-10 plans. In a recent meeting with the Planning Commission, the state secretary for higher education had raised the issue. After an hour-long discussion, the Planning Commission agreed ...
    Posted to My Bangalore Blog (Weblog) by 248075 on March 1, 2009
  • Good News - Revenue land buildings to be regularized in Bangalore

    Bangaloreans, particularly the poorer ones, will benefit the most by Wednesday's cabinet decisions. With the Lok Sabha elections in mind, the government announced a bonanza for slum dwellers and illegal building owners. Following the implementation of the Delimitation Commission report, Bangalore now has four Lok Sabha seats. Sale deeds: The ...
    Posted to My Bangalore Blog (Weblog) by 248075 on March 1, 2009
  • Bangalore: Now Private Firms can Buy Farm Land for Industries

    At a time when most industrialists are reeling under the recession effect, the Yeddyurappa government has charted a programme to bring back their smiles. The cabinet meeting on Wednesday decided to allow private companies or trusts to buy agricultural land for industrial purposes. Accordingly, section 109 of Karnataka Land Reforms Act 1961 will ...
    Posted to My Bangalore Blog (Weblog) by 248075 on March 1, 2009
  • Boards Of Maytas Infra and Maytas Properties Not To Get Dissolved

    The government has announced that it will not dissolve the boards of Maytas Infra and Maytas Properties, whose acquisition deal by Satyam Computer for $1.6 billion was aborted following shareholders' dissent. The government has already ordered inspection by the Registrar of Companies, Hyderabad, into eight subsidiaries of Satyam Computer and ...
    Posted to India Real Estate News Weblog (Weblog) by 248075 on February 13, 2009
  • MMRDA Plans Alternative Biz Hubs

    As two main business districts of the city have reached a saturation point, the Mumbai Metropolitan Regional Development Authority (MMRDA) is planning to acquire 1.84 crore sq mt of land to set up alternative business hubs to build new rental housing projects and other facilities. The acquisition of 11 plots across the Mumbai Metropolitan Region ...
    Posted to India Real Estate News Weblog (Weblog) by 248075 on February 13, 2009
  • 88,222 Forms Sold by MHADA

    The first day of the housing projects introduced across Mumbai by the Maharashtra Housing and Area Development Authority (MHADA) received an overwhelming response. It reflected that slump or no slump, there is still a huge demand for houses if the price is right. MHADA sold in a day 88,222 forms, over 20 times the 3,863 flats available. The flats ...
    Posted to India Real Estate News Weblog (Weblog) by 248075 on February 13, 2009
  • Ex-DDA Official Arrested In Allotment Fraud

    A retired officer of Delhi Development Authority has been arrested in the DDA flat allotment fraud and a property dealer is understood to have been detained for questioning. The police said, Mr. M L Gautam, who retired from DDA's telephone department in 2004, was taken into custody for questioning and later was formally arrested after his ...
    Posted to India Real Estate News Weblog (Weblog) by 248075 on February 13, 2009
  • DDA Flats, On Wait and Watch Mode

    The Urban Development ministry has held the allotment of flats to its winners decided recently by a lucky draw by the Delhi Development Authority till the process gets cleared from allegations of fraud and rigging. "Unless we are fully satisfied that the allotment process was free and fair, physical possession of flats would not be given to ...
    Posted to India Real Estate News Weblog (Weblog) by 248075 on February 5, 2009
  • Sluggish Realty Market To Jumpstart Again

    Measures announced by the Central government to stimulate the economy by ensuring cheaper loans for homes and industry has raised hopes for people in the real estate and banking sectors. Banks like IDBI Home Finance, ICICI and SBI are anticipating that demand for home loans would increase by 20% in a couple of weeks as queries for home loans have ...
    Posted to India Real Estate News Weblog (Weblog) by 248075 on February 5, 2009
  • Rain water harvesting becomes compulsory in Bangalore

    In order to conserve water and ensure ground water recharge, the Karnataka government on Tuesday announced that buildings, constructed in the city from now on, will have to compulsorily adopt rain water harvesting facility The state cabinet at its meeting held here on Tuesday decided to amend section 72 A of the Bangalore Water Supply & ...
    Posted to My Bangalore Blog (Weblog) by 248075 on February 5, 2009
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