Latest Realty News

Connectivity opening up Bangalore suburbs for development
Jun 15, 2014
BANGALORE: Bangalore always had one major advantage large land parcels that were available at low rates. The only push needed to unlock their value and leverage their worth was accessibility. While on the one hand the Karnataka Industrial Areas Development Board (KIADB) began acquiring large tracts of land, the Bangalore Development Authority (BDA), the Bruhat Bangalore Mahanagara Palike (BBMP) and the National Highways Authority of India (NHAI) worked to bring the civic infrastructure up to cat
No cheques for property tax
Apr 03, 2014
BANGALORE: The BBMP will not accept cheques for payment of property tax from this financial year. Reason: In 2013-14 , about 8,000 property-tax cheques bounced. Not to be a loser again this year, the civic agency has banned citizens from paying property tax by cheque. Payments can be made in cash or by demand draft.
Karnataka Budget: Thrust on infrastructure
Feb 17, 2014
BANGALORE:The State government’s budget for 2014–15 proposes projects worth Rs. 9,476.86 crore for Bangalore to remove traffic bottlenecks, expand the public transport network, increase water supply lines and create new drainage pathways.
BDA donates Rs. 18 crore
Jan 31, 2014
BANGALORE: Expressing concern over the Bangalore Development Authority (BDA) doling out over Rs. 18 crore in donations to various organisations since January 2007, Member of Legislative Council Ashwath Narayana on Thursday urged the government to check duplication of donations.
Land acquisition: BDA directed to submit details
Jan 31, 2014
BANGALORE: The High Court on Wednesday directed the Bangalore Development Authority (BDA) to submit details of the list of recommendations, along with the survey numbers, and related petitions for final hearing, in regard to acquisition of land for the development of Nadaprabhu Kempegowda Layout.
BBMP fixes betterment fee for sites in illegal layouts
Jan 29, 2014
BANGALORE: Those owning sites which have requisite land use conversion clearances but no clearances from civic agencies and those on parcels of land denotified by various government agencies will have to shell out a betterment fee. The Bruhat Bruhat Bangalore Mahanagara Palike (BBMP) council on January 28 decided to implement differential betterment fee slabs based on plot areas.
Property Records to be Revised by January 15, Says Reddy
Dec 12, 2013
BANGALORE: In an attempt to get information on built-up area of buildings and thereby generate more tax revenue, District Minister R Ramalinga Reddy has directed the BBMP to revise records of all registered properties by January 15.

Latest Realty News Of State

Realty Talk's