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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 […]

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Rising land prices stalls the ITIR project

On getting a green signal from the Central Government, Karnataka has expedited the setting up of ITIR ( Information Technology Investment Region) project in Bangalore near Bangalore International Airport (BIA), Devanahalli. However, on account of the slow pace of the land acquisition process and elevated land costs, the project is yet to take off. The […]

Acquiring land in Karnataka: Biggest challenge for industrialists

As the State heads towards polls, the hurdles to acquire land become more arbitrary and undemocratic, making it a significant issue which is likely to change the course of the wind of the real estate market of Bangalore. According to JLL survey reports, for medium and large scale industries, Karnataka is completely out of place, […]

Bangalore Metro work to be stopped: High Court orders

Bangalore metro works may again be in the limelight, since the Karnataka High Court is likely to issue orders to BMRC to stop the construction work in the city. The sole reason for such a downside is the violation of the labour laws by BMRC in regard to the metro work. On observing that breaching […]

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