Tag: Bengaluru

IndustryLatest Stories

Bengaluru Body Shifts to Apartment Projects for Land Efficiency

BENGALURU: The Bangalore Development Authority (BDA) is shifting its focus towards apartment developments over large plotted layouts, emphasizing enhanced land-use efficiency in urban areas. This shift raises concerns about the future of the BDA’s traditional housing model centered around plots. According to officials, projects comprising apartments facilitate quicker housing delivery and prevent land fragmentation. “While discussions are ongoing and we don’t anticipate an abrupt change, there will be a noticeable trend towards apartments for more efficient land use. Basic housing needs should not always mean a 30×40 plot. We are conscious of the demand for plots, but our priority remains…

Latest StoriesResidential

Karnataka Eases Setback Rules for Small Bengaluru Plots

Representative Image BENGALURU: A pivotal move to reshape home construction in Bengaluru was announced by the government on Monday, introducing modifications to longstanding building regulations for smaller residential plots. This adjustment alleviates certain burdensome rules that have affected property owners for years. The Urban Development Department (UDD) has revised the 2015 master plan to amend setback regulations for residential buildings on plots up to 4,000 square meters. As part of this new framework, the UDD has customized setback requirements based on plot size. For plots measuring 60 square meters (20x30ft), the front setback has been reduced to 0.7 meters, with…

Latest StoriesRegulatory

Supreme Court: More FAR in Bengaluru will worsen civic issues

NEW DELHI: The Supreme Court raised concerns on Monday regarding the Karnataka government’s approval of Premium Floor Area Ratio (PFAR) for construction. This decision could facilitate the erection of multistoried buildings on narrow 9-metre-wide roads in Bengaluru, exacerbating the city’s already strained civic amenities. A bench comprising CJI Surya Kant and Justice Joymalya Bagchi expressed, “Allowing PFAR would enable construction on narrow roads. Builders may entice flat buyers with appealing offers, but what about civic amenities? While increased FAR might be justifiable in newly developed areas, granting such permissions in established residential zones would strain these amenities. What happens to…

Latest StoriesRegulatory

Five Sub-Registrars Suspended for 1,332 Illegal Registrations

BENGALURU: The state government has revealed a significant property registration scam linked to its e-khata system, resulting in the suspension of five sub-registrars. This comes after officials discovered fraudulent registrations of approximately 1,332 properties over a one-year span from December 6, 2024, to December 5, 2025. The Department of Stamps and Registrations has suspended the officials due to their alleged involvement in misusing the Kaveri 2.0 portal, failing to import essential e-khata details from the e-swathu software, and illegally registering sale deeds. Those suspended include Ravi Sankana Gouda, N. Satish Kumar, Sridhar (first division assistant-in-charge sub-registrar), Girish Chandra, and R.…

Latest StoriesResidential

Bengaluru body urges Gunjur society to form RWA in a week

BENGALURU: Residents of a Bangalore Development Authority (BDA) apartment complex in Gunjur, Mahadevapura Assembly Constituency, were shocked to receive a notice requiring them to establish a Residents’ Welfare Association (RWA) within a week. The notice, dated December 23, 2025, warned that the BDA would cease maintenance of the complex starting January 1, 2026. Residents must inform the Assistant Executive Engineer (Housing) by December 28, 2025, about their plan to form the RWA. Residents express concern over unfinished construction, including an incomplete compound wall, broken lifts, and unresolved maintenance issues. “Some lifts have been out of service, and the contracted maintenance…

IndustryLatest Stories

Sobha’s Q3 FY26 Sales Bookings Surge 52% to ₹2,115 Crore

NEW DELHI: Sobha Ltd, a prominent real estate firm, has announced a remarkable 52% surge in sales bookings, totaling ₹2,115.2 crore for the third quarter of this fiscal year. This growth is attributed to increased volumes and favorable price realization, buoyed by strong housing demand. In comparison, the Bengaluru-based company recorded sales of ₹1,388.6 crore during the same period last year. “We have achieved a historic quarterly performance, with record real estate sales of ₹2,115 crore,” Sobha Ltd noted in its regulatory announcement on Saturday. In terms of physical sales, Sobha Ltd sold 1,370,340 sq ft from October to December,…

Latest StoriesRera

Karnataka RERA to Mandate Exact Parking Slot Details in Sale Agreements

BENGALURU: In response to homeowner complaints about vague and changing parking allocations, the Karnataka Real Estate Regulatory Authority (K-Rera) is moving to make it compulsory for builders to clearly outline the number, dimensions, type, and exact locations of parking spaces in both allotment letters and sale agreements. “We are currently finalizing these measures,” K-Rera chairman Rakesh Singh informed TOI. The authority is in discussions with Credai, the leading organization for private real-estate developers, and has consulted with representatives from major real-estate firms in the region. “Clearly identifying parking spaces in residential complexes ensures that buyers are well-informed about what they…

Latest StoriesResidential

Karnataka Eases Occupancy Rules for 30×40 Rural Homes

BENGALURU: In a significant development for farmhouse and newly-constructed property owners in rural Karnataka, the government announced on Wednesday that certain types of houses under gram panchayat (GP) limits will be exempt from obtaining an occupancy certificate (OC). Officials from the rural development and panchayat raj (RDPR) department clarified that this exemption pertains to newly-built residential structures on 30×40 sqft plots in rural areas falling under gram panchayat jurisdiction. This change will be implemented immediately. The RDPR notification indicated, “Residential buildings that consist of a ground floor plus two additional floors (G+2) or stilt plus three floors (Stilt+3), constructed on…

Latest StoriesResidential

Karnataka Housing Board Cautions Public on Fake Site Sales

Representative AI image BENGALURU: The Karnataka Housing Board (KHB) has issued a public notice warning against the purchase of sites in the Suryanagar Phase-4 housing project using ‘plot selection letters.’ These transactions are deemed illegal and may result in potential fraud and financial losses. The KHB Housing Commissioner clarified that the total area acquired consists of 1,498 acres and 39 guntas (1 acre = 40 guntas) across Indlawadi, Kadujakkanahalli, and Bagganadoddi villages in Anekal taluk, Bengaluru Urban district. This land was obtained under section 6(1) of the Land Acquisition Act for the development of Suryanagar Phase-4 residential layout. The project…

Latest StoriesResidential

Bengaluru Buyers Shocked by Multiple Sale Deals on One Apartment

BENGALURU: A troubling case has emerged where a builder entered into sale agreements for the same flat with three different buyers. Homebuyers must exercise caution when entering into agreements with unscrupulous builders. Alarmingly, even nationalized banks are sanctioning housing loans without conducting necessary due diligence. Employees at the Sub-Registrar Offices seem eager to process sale deeds, although the reasons for this remain unclear. It’s common for them to register multiple agreements on the same property, particularly if the agreements list varying carpet area sizes. Authorities at these offices do not question the legitimacy of agreements, simply proceeding with registrations if…