Bangalore Real Estate
Impact of Bengaluru’s unsold inventory on property prices
Bengaluru’s real estate market has been witnessing persistent problems such as oversupply and unsold inventory since the last few years. The backlog of unsold apartments in the Bengaluru residential market has registered an all-time high since 2008, with more than 1.01 lakh unsold units lying around. The stockpile of unsold apartments collectively amount to about […]
Converting B-Khatas to A-khatas: The 3-tier system
In a move to mop up revenue for the government, the BBMP (Bruhat Bangalore Mahanagara Palike) has come up with a three-tier system for collecting the betterment charges that were stopped since 2007. The betterment charges are collected from the revenue site owners to transfer their B Khatas to A Khatas. As per market news, […]
