Q:The Karnataka state government announced the subsequent opening up of Indian real estate markets in various Tier-II cities. Which are the cities they are mostly focusing on?
Latest Answer: In a move to cut down the onus on Bangalore, the Karnataka government has encouraged the growth of Tier-II cities, via various measures such as removal of VAT on aviation turbine fuel, development of industrial corridors, public-private partnership initiatives, single window, promotion of industrial clusters and ease of land acquisition.