Tag: Karnataka state government

Latest StoriesResidential

Karnataka Announces One-Time OC Waiver for Residential Buildings

HUBBALLI: The state government has announced a one-time exemption from the requirement of an occupancy certificate (OC) for specific residential buildings completed on or before May 31, 2026. This exemption applies to buildings that have either applied for permanent electricity connections, received temporary ones, or were built without any connections. According to a press release from Hescom, the exemption is intended for G+3 residential buildings or those with stilt parking plus four floors, situated on plots of up to 2,400 sq ft, allowing for a 20% variance. These structures must be completed by May 31 within the Hescom jurisdiction, which…

Latest StoriesRera

Karnataka RERA’s Bid for Financial Autonomy Hits Govt Wall

BENGALURU: Karnataka’s real estate regulatory authority is not lacking in funds; however, it is losing control over its financial resources. The Karnataka Real Estate Regulatory Authority (K-Rera) generates steady income from project registrations, agent fees, penalties, and various charges. However, its autonomy in fund allocation has diminished, with the state government assuming control over the dedicated regulatory corpus. The K-Rera Regulatory Fund was established by the Real Estate (Regulation and Development) Act of 2016 to ensure the authority’s financial independence. This fund was intended to allow K-Rera to independently manage its operations, including hiring personnel and processing complaints. However, this…

Latest StoriesResidential

Karnataka Gives Homes to 427 Families in Madikeri

MADIKERI: The Karnataka state government is committed to uplifting the underprivileged by providing essential facilities for a dignified life, stated Virajpet MLA A.S. Ponnanna. During an event where he distributed documents to beneficiaries of the Basava and Ambedkar Housing Scheme across 18 gram panchayats in Madikeri taluk, Ponnanna noted that the previous housing minister, Zameer Ahmed, initiated housing provisions under these schemes. Thanks to the cooperation of former Chief Minister Siddaramaiah and current Chief Minister D.K. Shivakumar, the district has received necessary funding for house construction. According to the executive officer of the Madikeri Taluk Panchayat, Shekhar, the government has…