Tag: Bengaluru

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…

CommercialLatest Stories

Bagmane Prime Files for ₹4,000 Crore IPO

Representative AI image NEW DELHI: Bagmane Prime Office REIT, based in Bengaluru, has submitted its draft offer document to the Securities and Exchange Board of India (SEBI) for an initial public offering (IPO) of up to ₹4,000 crore. This includes a fresh issue of units amounting to ₹3,000 crore and an offer for sale (OFS) of ₹1,000 crore by selling unitholders. The REIT, sponsored by Bagmane Realty and Infrastructure LLP, manages a premium portfolio of Grade A+ office business parks focused in key office areas of Bengaluru. It encompasses 20.3 million sq ft of total area with 19.6 million sq…

Latest StoriesResidential

Allottees seek amenities, cite design flaws in Kempegowda Layout

File Photo BENGALURU: While the Bangalore Development Authority (BDA) has expedited work on the Nadaprabhu Kempegowda Layout (NPKL) between Mysuru Road and Magadi Road, residents in III and IV Blocks have raised urgent concerns regarding “critical bottlenecks” that might hinder habitation if not resolved promptly. Allottees appreciate the enhanced pace of land acquisition and development under the current administration; however, they assert that the layout is still not suitable for living. Although several houses are built and more are under construction, foundational issues like inadequate infrastructure and unclear design are becoming significant obstacles. One major issue is the absence of…

Latest StoriesRera

Karnataka RERA Orders Builder to Refund with Interest

BENGALURU: Despite the actions taken by law enforcement and the Karnataka Real Estate Regulatory Authority (K-RERA), the issue of double sales continues to affect unsuspecting homebuyers. Many of these buyers are desperately seeking justice, with some hoping for relief from K-RERA, which has started issuing judgments that address prolonged complaints. In a ruling on December 22, 2025, the K-RERA addressed a complaint from Sudhir, a victim, ordering the respondents — Sri Vanishelters, LS Srinidhi, B Kenchappa Gowda, and G Vidyavathi — to reimburse Rs 32,94,816 with interest. The interest rate is based on the SBI’s marginal cost of funds-based lending…

Latest StoriesRegulatory

Karnataka HC: Registrar can void sale deed for illegal allotments

BENGALURU: In a landmark decision that could influence numerous cooperative housing cases, the Karnataka High Court has ruled that the additional registrar of cooperative societies has the authority to revoke even a registered sale deed if it stems from an illegal allotment by a cooperative society. Justice Suraj Govindaraj issued this ruling while rejecting a petition from Suresha, a Bengaluru resident who challenged the registrar’s power to intervene post-registration of a sale deed. The court clarified that after invalidating an illegal allotment, the registrar has the right to instruct the local sub-registrar to take necessary actions, but emphasized the importance…

Latest StoriesResidential

Bengaluru Residents Face Power Cuts Due to Vacant Flats’ Dues

BENGALURU: Residents of a high-rise apartment complex on Bannerghatta Road experienced a day-long power outage due to a dispute between the builder and the Bangalore Electricity Supply Company (Bescom). On Wednesday, Bescom disconnected the electricity for the apartment complex over unpaid dues totaling Rs 2 lakh. Residents of Disha Loharuka Solaris in Gottigere shared their concerns on social media, stating the power was cut because of unpaid dues from 30 empty flats, affecting all 150 households in the building. One resident, Binay Biswal, criticized Bescom for the blanket disconnection, suggesting that they should only cut power to the flats that…

InfrastructureLatest Stories

Bengaluru: Illegal Construction Persists in HAL III Despite HC Order

File Photo BENGALURU: Members of the HAL III Stage Taxpayers and Residents Association have expressed frustration over ongoing illegal constructions that violate local building norms. The association has contacted relevant authorities over 40 times since February 2025 to demand action but has yet to receive a reply. In light of what they describe as indifference from Bruhat Bengaluru City Corporation (BBCC) officials, the association has filed a writ petition in the High Court. During the hearing, the court instructed the BBCC Assistant Executive Engineer to issue notices to M/s Moonlight FNB Pvt Ltd regarding compliance with the sanctioned construction plan.…

IndustryLatest Stories

Karnataka-RERA Chief Urges Government to Clarify OC-CC Norms

BENGALURU: Rakesh Singh, chairman of the Karnataka Real Estate Regulatory Authority (K-Rera), has called on the state government to establish clear guidelines regarding the interpretation of occupancy certificates (OC) and completion certificates (CC), amidst growing concerns among homebuyers over regulatory ambiguity. In a comprehensive five-page letter, Singh highlighted that inconsistent interpretations of OC and CC across various laws are generating confusion and adversely impacting homebuyers in Bengaluru. Singh noted the differences in definitions of OC and CC in the RERA Act, the Karnataka Municipal Corporations (KMC) Act, the BBMP Act, and the newly implemented Greater Bengaluru Authority (GBA) Act. In…