Bangalore civic body asks citizens to give up land for parking lots
June 22, 2017

In order to tackle the growing issue of shortage of parking lots in the city, Bruhat Bengaluru Mahanagara Palike (BBMP) has asked citizens and firms to voluntarily give up their land located in the vicinity of bus stands, railway and metro stations. The civic body plans to use such land for constructing more parking areas in Bangalore. The plans involve integrating technology-based facilities in the parking spaces. Furthermore, BBMP also intends to develop a new… Read More

Property records in Bangalore to be linked to Aadhaar from July
June 21, 2017

In order to curb benami properties and unauthorised property transactions in Bangalore, the government has announced that every citizen of the city will now need to link their Aadhaar card details with their land records and property documents. The move will be implemented from July onwards. With this announcement, the ambit of Aadhaar has been expanded from bank accounts, income tax records, and provident funds. The project will be handled by the department of survey… Read More

Bangalore Metro’s green line opened to the public
June 20, 2017

Bangalore Metro’s green line, stretching from Sampige Road to Yelachenahalli, was recently inaugurated by President Pranab Mukherjee. With this, the 42 km long first phase of the project has been completed. Mukherjee commended the Bangalore Metro authorities for completing the metro network in under ten years, considering that the project was fraught with construction challenges. He expressed hope that this will ensure that the 72 km long second phase of Namma Metro will be completed… Read More

Bangalore proposes a pod taxi network
June 17, 2017

The Bruhat Bengaluru Mahanagara Palike (BBMP) is planning to develop a Personal Rapid Transit (PRT) system in Bangalore. The futuristic project will establish a network of pod-like vehicles carrying passengers on elevated tracks and is aimed at overcoming last-mile connectivity issues in the city. Several international players, including two from the United States of America (USA) and one from Singapore, have expressed interest in building the ambitious pod taxi system in the city. USA-based skyTran… Read More

Bangalore civic body under CAG scanner
June 17, 2017

Bruhat Bengaluru Mahanagara Palike (BBMP) has once again failed in meeting its property tax collection target. As per the Comptroller and Auditor General of India (CAG), the civic body was unable to achieved its property tax revenue target between 2011-12 and 2015-16. Over the years, the collection by BBMP ranged from 53 to 76 percent. During the aforementioned period, the cash-strapped body had fixed a target of Rs 11,900 crore, but managed to collect only… Read More

BDA plans new schemes to boost housing sales
June 15, 2017

The Bangalore Development Authority (BDA) has decided to modify their sales procedures, prompted by the poor response for their housing units. New schemes like ‘across the table’ sales and bulk allotment schemes while re-notifying their flats are all set to be initiated to attract prospective homebuyers in the city It should be noted that in December 2016, BDA had invited applications for the sale of 3,500 flats, but received just 839 applications. Even after extending… Read More

Press Release

Mana Projects bags award for Mana Tropicale
June 8, 2017

Mana Projects bags award for Mana Tropicale8th  June 2017 Bangalore-based real estate firm Mana projects recently bagged Asia Pacific Property Award for Residential Development India for its project ‘Mana Tropicale’ at The International Property Awards held at The Marriott Marquis Queen’s Park, Bangkok. The winners were announced by a committee comprising over 70 experts including three members from the UK’s House of Lords. The project holds distinction of being one of the few Indian projects… Read More

Karnataka government proposes mandatory use of energy efficient pump sets
June 2, 2017

The power department of Karnataka government has proposed making energy efficient pump sets mandatory across the state. Only pump sets with energy efficiency certification will be allowed in Karnataka whether they are to be used in borewells or for providing water to construction sites. This move will, thus, impact commercial, residential, industrial, as well as agricultural sectors. The government will recognise only those units as energy efficient which have got four or five stars in… Read More

Press Release

‘Peninsula Heights’ get good response from buyers
May 30, 2017

‘Peninsula Heights’ get good response from buyers30th  May 2017 Despite reforms such as demonetisation, RERA and GST, Mumbai-based developer Peninsula Land Limited has successfully maintained its sales momentum primarily due to its two luxury projects in Mumbai - Salsette27 at Byculla and Celestia Spaces in Sewri. The company is also focusing on its other premium project, ’Peninsula Heights’ in Southern Bangalore where, the developer is offering a different payment plan on select 3BHK apartments. Read More

Promise of modern amenities attracts homebuyers to BDA flats
May 24, 2017

About 1,500 flats by the Bangalore Development Authority (BDA) which were struggling to find buyers are witnessing a sudden rise in interest. The Authority has recently received more than 1,000 applications in a week for the projects and another 1,000 applications are expected in the next few days. The five housing projects by BDA offering 1-3BHK apartments had been open for booking since 2014 but had failed to elicit a positive response from buyers in the… Read More

NGT orders that industries around Bellandur Lake in Bangalore be shut down
May 20, 2017

In a bid to comply with the National Green Tribunal (NGT)’s orders, the Karnataka State Pollution Control Board (KSPCB) has initiated the process of closing down 76 industries around Bellandur Lake that had earlier been issued closure notices. However, KSPCB may revoke the closure notice for the industries that are found to have installed Effluent Treatment Plants (ETPs) and are not discharging polluted water into Bangalore’s largest water body. The NGT has recently ordered that… Read More

Karnataka to regularise illegal constructions on government lands
May 18, 2017

In a move offering respite to thousands of homeowners, Karnataka government is planning to regularise illegal structures built on plots measuring 1,200 sq ft, located on government lands. This offer will apply on government lands that lie within 3-18 km of the boundaries of municipalities, municipal corporations, and town panchayats across the state. This proposal will benefit thousands of middle-class families who have unknowingly constructed or purchased houses on government lands in revenue pockets. Cities… Read More

Bangalore emerges as world’s most affordable tech city
May 13, 2017

India’s Information Technology (IT) capital, Bangalore, has topped a list of 22 technology cities across the world in the affordability element. While the city ranks low on several other parameters, it is the only Indian city to make it to the Savills Tech Cities Index. The index ranks tech cities on different parameters, under five categories. As per the index, with average house rent of Rs 15,250, Bangalore is cheaper to live in as compared… Read More

Bangalore civic body prepares to promote cleanliness in the city
May 13, 2017

After securing an unimpressive 210th position in the Centre’s cleanliness survey, Swachh Sarvekshan-2017, the Bruhat Bengaluru Mahanagara Palike (BBMP) has decided to ensure that the city makes it into the top 10 in the next year’s survey. It should be noted that the Quality Council of India assessed 434 Indian cities in the survey and declared Indore as the cleanest city. To promote cleanliness in Bangalore, the BBMP Commissioner recently held a review meeting and… Read More

Karnataka to seek more time to clean Bellandur Lake
May 13, 2017

The Karnataka government has recently decided to seek more time from the National Green Tribunal (NGT) to set up a Sewage Treatment Plant (STP) at Bellandur Lake. As confirmed by the state’s Urban Development Department, the officials will ask for an extended deadline of 2020 at the NGT’s next hearing on May 18, 2017. Officials assert that the task of cleaning the 910 acre water body cannot be completed within the given time frame. As… Read More

All apartments around Bellandur Lake to setup STPs
May 11, 2017

After shutting down the industries located around Bellandur Lake, the Karnataka government is all set to take action against apartment complexes that have been equally responsible for polluting Bangalore’s biggest water body.  Owners of the 157 apartments located around the lake will soon be asked to set up Sewage Treatment Plants (STPs) or carry their sewage water to the STP at Nayandahalli in Vrushabhavathi Valley. Each apartment will have to transport its waste by tankers… Read More

NICE corridor in Bangalore to get metro connectivity boost
May 8, 2017

The area around Nandi Infrastructure Corridor Enterprise road, commonly known as NICE road, is set to receive a connectivity boost. The Bangalore Metro Rail Corporation Ltd (BMRCL) and the Nandi Infrastructure Corridor Enterprise (NICE) have decided to develop metro stations and parking complexes at the intersections of the Namma Metro lines and NICE peripheral roads.  Experts point out that NICE operates a 41 km peripheral road connecting Tumakuru Road to Hosur Road, and another 9.1… Read More

Bangalore Metro’s North-South corridor to commence within a month
May 3, 2017

After failing to get the North-South corridor (Green Line) line inspected by the Commissioner of Railway Safety (CRS), the Bangalore Metro Rail Corporation Limited (BMRCL) is likely to miss yet another deadline for Phase I of Bangalore Metro project. After completing 18 different tests of the trial run, BMRCL was supposed to open the Sampige Road-Yelachenahalli section for CRS’ inspection by end of April 2017. As informed by senior BMRCL officials, the tests on this… Read More

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