KIADB
In an evident attempt to decongest towns and cities along the Bangalore-Mysore corridor, an 800-acre township is being planned by the Karnataka Government at Tubinakere, which is located between Mandya and Srirangapatna. The executing authority for the planned township in Tubinakere will be the Karnataka Housing Board (KHB). In a statement released to the reporters, [...] Continue Reading »
The high court on Wednesday annulled the February 2012 final notification issued by the Karnataka Industrial Areas Development Board (KIADB) relating to five acres of land in Mogarahalli village, Belagola Hobli, Srirangapatna, near Mysore. This land was a part of 99.23 acres acquired for Wipro’s Rs 80-crore R&D (Research and Development) centre. Justice AS Bopanna [...] Continue Reading »
There has been a loss of Rs 104.40 crore to the government by The Karnataka Industrial Areas Development Board (KIADB), the Karnataka government undertaking that acquires land and allots to industries, due to allotting developed industrial plots at subsidized rates to three companies in 2012- 13. The KIADB allotted fully developed plots at Narasapura Industrial [...] Continue Reading »
Land acquisition continues to be the biggest hurdle for implementing projects in Karnataka. About 389 projects will be launched in Karnataka. The Memoranda of Understanding (MoU) for those projects were signed in the Global Investors Meet (GIM). All those projects will draw an investment of Rs 3.92 lakh crore in the state. Majority of the [...] Continue Reading »
