Bellary
The Karnataka government hopes in tier-II cities infrastructure will be up to expectations by 2017. M Maheshwar Rao, addressing the CII-Karnataka’s State Council meet on ‘Karnataka for India’s Growth Story’ says, “The State government is committed to creating more jobs in manufacturing sector. The aim is to return the sector on a growth path of [...] Continue Reading »
Urban property owner cards to be issued to property owners instead of ‘Khata’ under an agreement between Bangalore and Urban Property Ownership Records (UPOR) are just three months away. The project for the state capital has already been cleared by the state cabinet. The project has already been taken up on a pilot basis in [...] Continue Reading »
The Bangalore real estate market has shown ample transactions in May, while vacancy rates plummeted due to stable demand amid limited fresh supply, according to a recent report by Jones Lang LaSalle (JLL) India. Axis Aerospace & Technologies leasing space in Vaswani Centropolis, KPMG leasing space in Salarpuria Hallmark 1 and Ericsson leasing in Umiya [...] Continue Reading »
The state government of Karnataka has approved the implementation of the Urban Property Ownership Record (UPOR) program in Bangalore. With this initiation, the government is expecting to control the fraudulent activities related to property transactions. According to the records, there are 16 lakh assessed properties, while the officials are expecting another 4 to 5 lakh [...] Continue Reading »
The illegal construction of road between Bangalore-Bellary National Highway and University of Agricultural Sciences has right now become a major concern in Bangalore. A petition has been filed on Comprehensive Development Plan (CDP) for the same by Krishna Gangothri Layout’s Owners’ Welfare Association. With the follow up of same petition, high court has issued notice [...] Continue Reading »
In Bangalore, the residential property market has dropped down drastically in concern with the hike in property prices and rising interest rates. Even with the end of year 2011, Bangalore city has around 31,208 units and Bellary has 19 percent of unsold housing units as per the Jones Lang LaSalle’s real estate intelligence service report. [...] Continue Reading »
No transaction in property will be allowed without the card in Mysore city and 42 villages coming under the jurisdiction of the Mysore Urban Development Authority (MUDA) and the Mysore City Corporation (MCC) limits Purchase and sale of property in Mysore will require a Property Card. The Property Card rule will come into effect from [...] Continue Reading »
