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BMRDA

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Betterment Fee: BBMP takes a stand

The recently issued notification for payment of betterment fee have put the site owners in Bangalore in a quandary. Those sites that are endowed with required land use conversion, however, they are not authenticated by the civic agencies need to shell out a betterment fee. Sites on land parcels that are not notified by different […]

Akrama Sakrama

Nod to Akrama-Sakrama legislation: Cut-off date not yet fixed

In a move to create a stir, the Karnataka government gave its assent to the Akrama-Sakrama legislation, to regularize all the illegal constructions in the state. The Assembly gave its nod to the ordinance-replacement bill that aims to extend the cut-off date for regularizing all unauthorized constructions (like violating by-laws and floor area ratio) in […]

Land Act: Builders play the blame game

The word ‘affordability’ has totally changed as apartment prices in Bangalore witness a staggering increase of 60-100%, beyond the reach of a common man. In regard to an end-user, the rising apartment prices are completely unreasonable and affordability seems to be far away from it. One of the key reasons for the sudden rise in […]

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