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Karnataka

Directors of 22 units operating in prohibited zone to appear in HC

Directors of 22 units operating in prohibited zone to appear in HC
Despite closure order issued by the Karnataka State Pollution Control Board (KSPCB) prohibiting operations in areas around Tippagondanahalli (T.G. Halli) reservoir, 22 companies continued to operate in the catchment areas. A suo motu case was initiated by the Karnataka high court on the units which continued to operate. A Division Bench comprising Chief Justice Vikramjit [...] Continue Reading »

South Indian realty observes stable demand

South Indian realty observes stable demand
The Associated Chambers of Commerce and Industry of India (Assocham) has reported that real estate demand has remained moderate. Even the festive season’s special offers failed to bring in husky demand for properties. The survey was carried out in major cities like Delhi-NCR, Mumbai, Bangalore, Chennai, Kolkata, Ahmedabad, Hyderabad, Pune, Chandigarh and Dehradun and gathered [...] Continue Reading »

Villagers protests against ‘safe zone’

Villagers protests against ‘safe zone’
A huge protest has been staged outside the Deputy Commissioners ‘ office by the residents of Emmeti village in Kalghatgi taluk opposing the creation of  ‘safe zone’ would be for stone crushing units near the village. The villagers stated that the creation of the safe zone hazardous to the health of the people and adversely [...] Continue Reading »

Tamara Real Estate expanding business

Tamara Real Estate expanding business
Post the opening of its first premium resort in Coorg, Karnataka, Tamara Real Estate plans for expansion. Aiming at future business growth, it eyes on expansion in Kodaikanal and Alappuzha with similar resorts. Tamara Real Estate Holding has set up The Tamara Hospitality in which Infosys’ co-founder S D Shibulal daughter Shruti Shibulal is the [...] Continue Reading »

Mangalore construction industry hit by ban on stone crushers

Mangalore construction industry hit by ban on stone crushers
The festive season fails to cheer builders of Mangalore. Karnataka State Pollution Control Board (KSPCB) have sent closure notices on crusher units in the state following a Supreme Court directive. As a result, construction and development activities have come to a halt. Of the 3,700 crusher units units across Karnataka, 200 units are in the [...] Continue Reading »

Agricultural crisis force Chikkaballapur farmers to sell lands to developers

Agricultural crisis force Chikkaballapur farmers to sell lands to developers
Real estate developments in Chikkaballapur district in Karnataka has a different angle. Situated just 60 kms from Bangalore, the district has been witnessing a rapid growth in land sales and development. In the district, agricultural fields are being converted into layouts and apartment complexes. Apartments and other buildings have come up on fertile agriculture land [...] Continue Reading »

Statecon witnesses 10,000 footfall

Statecon witnesses 10,000 footfall
The two-day ‘Statecon 2012′ organized by the Confederation of Real Estate and Developers’ Association of India (Credai), Karnataka chapter in Mangalore has received satisfactory footfall. The exhibition with the theme ‘Home for all’ witnessed 42 builders putting up their stalls and had almost 10,000 footfall and 4,220 confirmed inquiries for dwelling units – indicating a [...] Continue Reading »

Mangalore Builders to build swimming pool

Mangalore Builders to build swimming pool
The Statecon 2012 which will be organized by Confederation of Real Estate and Developers’ Association of India (Credai), Karnataka chapter in Mangalore, has attracted the builders in the city. The building industry affiliated to Mangalore chapter of Credai have agreed to donate Rs 1 crore for the construction of MCC-Credai swimming pool. Although the fund [...] Continue Reading »

Credai aims at housing surplus in Karnataka by 2020

Credai aims at housing surplus in Karnataka by 2020
Karnataka unit of Credai (Confederation of Real Estate Developers’ Associations of India) aims to see the state housing surplus by 2020. Officials state that the developers’ body will dwell upon the issue in Statecon 2012, which will be hosted in Mangalore on August 25. The official source states that Credai wants to provide people in [...] Continue Reading »

KIMS to have its own sewage treatment facility

KIMS to have its own sewage treatment facility
KIMS hospital, one of the biggest government-run hospitals in north Karnataka is all set to have its own state-of-the-art sewage treatment plant (STP) in its campus. The plant has been set up according to the guidelines of the Karnataka State Pollution Control Board and the new plant is to start functioning by the end of [...] Continue Reading »



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