Latest StoriesRera

Karnataka RERA Resolves Complaints on Kempegowda Layout Issues

BENGALURU: The Nadaprabhu Kempegowda Layout (NKPL) project has once again come under scrutiny from Karnataka Rera, as several allottees have lodged complaints against the BDA regarding delays in unit handovers. Unfortunately, these complaints were dismissed due to inadequate documentation. The situation arose when allottees requested refunds along with interest. Upon reviewing the claims, the authority noted that crucial documents—such as sale agreements, construction agreements, payment receipts, and account statements—were missing from the submissions. The authority emphasized the need for a thorough examination of contractual terms, payment records, commitments timelines, and any breaches. Without these documents, it cannot ascertain the exact…

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Bengaluru: BDA, Forest Dept to Collaborate on Banashankari Land Dispute

BENGALURU: To address the ongoing dispute affecting numerous site owners in Banashankari 6th Stage, the BDA and the forest department will conduct a joint land survey in the coming weeks. This decision was made during a meeting held by the BDA on Wednesday, responding to persistent complaints from buyers and site allottees in this south Bengaluru layout. Officials determined that a new survey is essential since the previous one did not involve the forest department, resulting in conflicting claims regarding land extent and buffer zones. A survey conducted by the BDA in collaboration with the revenue department in September 2024…

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Bengaluru body plans land auctions for ₹1,800 crore boost

Representative image created by AI The Bengaluru Development Authority (BDA) is set to generate up to ₹1,800 crore through the auction of prime urban land, enhancing efforts to monetize land assets and increase revenue. This initiative is anticipated to draw competitive bids from top real estate developers, especially amid ongoing land shortages and high demand in metropolitan areas. Part of the monetization strategy includes BDA’s planned e-auction for three substantial commercial land parcels in Konadasapura, located along the rapidly developing Whitefield–Hosakote Road corridor in east Bengaluru. The largest parcel covers over 52 acres (approximately 2.13 lakh sq. metres), with two…