IndustryLatest Stories

Karnataka Deputy CM Launches ‘Bhoo Guarantee’ for 23 Lakh Properties

BENGALURU: Karnataka Deputy Chief Minister D K Shivakumar unveiled the “Bhoo Guarantee” scheme on Wednesday, intending to provide digitized property records to approximately 23 lakh property owners in Bengaluru, alongside a one-time settlement opportunity to convert B-Khata properties into A-Khata. A-Khata signifies legitimate properties. Moreover, he announced concessions for B-Khata holders, landowners, and homeowners impacted by planning violations, as well as relaxations under the Bengaluru Development Authority (BDA) regulations. “This is a historic decision to provide Bhoo Guarantee (land guarantee) to 23 lakh people in Bengaluru city,” said Shivakumar, adding that “Nanna Khata, Nanna Hakku” (My Khata, My Right) signifies…

Latest StoriesResidential

Over 25 Lakh Bengaluru Properties Added to e-Khata System

BENGALURU: Karnataka Deputy Chief Minister D K Shivakumar announced on Friday that the state government has successfully integrated over 25 lakh properties into Bengaluru’s e-Khata system. The e-Khata serves as an electronic property certificate that keeps ownership details in an online database, promoting accuracy, transparency, and comprehensive coverage for property owners. During a press conference, Shivakumar, who also oversees Bengaluru’s administration, stated that of the 25 lakh properties under this system, more than 7,000 applications have already been processed. Further outreach efforts are being planned to reach those who still need their e-Khata. “Achieving 25 lakh e-Khatas is a remarkable…

IndustryLatest Stories

Karnataka Seeks Taller Building Norms Near Bengaluru Airports

File Photo BENGALURU: Deputy Chief Minister of Karnataka, DK Shivakumar, has requested the Centre to reevaluate and ease height restrictions for buildings near essential aviation facilities in Bengaluru, emphasizing their influence on urban development and real estate. Following his meeting with Union Civil Aviation Minister Kinjarapu Ram Mohan Naidu, Shivakumar stated that the state aims to have similar building height allowances as cities like Hyderabad and Mumbai, which permit taller structures, according to a government release. “We discussed raising the building height limits in Bengaluru. Builders are hesitant to invest in premium Floor Area Ratio (FAR) because of these restrictions.…

Latest StoriesRegulatory

Assembly passes 12 bills, including Karnataka rent changes

BELAGAVI: On Tuesday, the state Assembly approved 12 bills, including the Greater Bengaluru Governance (Second Amendment) Bill. This bill allows all MPs and MLAs who reside in Bengaluru and are on the city’s electoral roll to become members of the Greater Bengaluru Authority (GBA). Deputy Chief Minister D K Shivakumar, responsible for Bengaluru’s development, stated, “Public representatives who are voters in Bengaluru were previously excluded. Now, we will include Rajya Sabha member Sudha Murty, Union Finance Minister Nirmala Sitharaman, and certain areas from Chikkaballapura Lok Sabha constituency, represented by Dr K Sudhakar, in the GBA.” He added that the amendment…

InfrastructureLatest Stories

PM Launches Bengaluru Metro’s Yellow Line

BENGALURU: On Sunday, Prime Minister Narendra Modi inaugurated the highly anticipated “Yellow Line” of the Bangalore Metro Rail, designed to alleviate traffic congestion across various bustling corridors linked to the city’s IT sector. During the event, the Prime Minister rode the metro from RV Road (Ragigudda) to the Electronic City station and engaged with students onboard. The Yellow Line spans over 19 kilometers from RV Road to Bommasandra and is a key part of the Bangalore Metro Phase-2 project, totaling approximately Rs 7,160 crore and featuring 16 stations, according to officials. This new line will expand the operational metro rail…