Tag: Karnataka

IndustryLatest Stories

CREDAI urges Karnataka government to resolve tech issues

MYSURU: The Confederation of Real Estate Developers’ Associations of India (CREDAI) is calling on the state government to address technical issues in government offices without delay. CREDAI President Harish Shenoy MS stated that citizens are experiencing difficulties in obtaining e-khata due to frequent server outages and software malfunctions. These technical issues are affecting not only developers but also property owners. The organization urged the government to resolve these technical challenges promptly and establish a timeline for e-khata issuance. Additionally, the new requirement for a life certificate for each transaction when registering a General Power of Attorney (GPA) has become a…

InfrastructureLatest Stories

Chamarajanagar Plans to Declare 67 Revenue Villages

MYSURU: The Chamarajanagar district administration is set to designate an additional 67 villages as revenue villages shortly. A final draft is currently under preparation and will be announced soon. The district comprises 408 villages at present. Revenue department officials have pinpointed 67 human habitations, including Gollarahatti, Kuruburahatti, and Majare, for this designation. This move aims to facilitate development activities in these areas. Additionally, this designation will enable residents to access government facilities and provide them with official records for their properties, which they have been deprived of for years due to the lack of formal recognition. The district administration, along…

Latest StoriesResidential

Karnataka CM’s Housing Drive to Uplift Slum Dwellers

HUBBALLI: Karnataka Chief Minister Siddaramaiah announced on Saturday that his government is actively working to provide housing for slum dwellers, aiming to integrate them into mainstream society. Speaking at a significant event marking the dedication of 42,345 houses out of a total of 1,80,253 being constructed under the Pradhan Mantri Awas Yojana ‘Shelter for All’, the Chief Minister handed out house allotment letters and title deeds as part of the Slum Development Board’s golden jubilee celebrations. Reflecting on his previous term, he noted, “During my first tenure as Chief Minister from 2013-18, our Congress government constructed 14,58,000 houses, leading a…

Latest StoriesRera

Builders fined ₹25,000 for late quarterly reports: Karnataka RERA

Here’s a rewritten version of the content: BENGALURU: In an effort to safeguard homebuyer rights, the Karnataka Real Estate Regulatory Authority (K-Rera) has decided to enforce a penalty of ₹25,000 per quarter on promoters who fail to submit quarterly progress reports (QPRs) for the financial year 2025-26, as required by the Real Estate (Regulation and Development) Act, 2016. In a circular released on Tuesday, K-Rera reminded promoters that they are obligated to upload quarterly updates of their registered real estate projects on the K-Rera website within 15 days of each quarter’s conclusion. The authority stated that it has the authority…

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 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…

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…

Latest StoriesRera

Homebuyers Push for Stronger Karnataka RERA Enforcement

BENGALURU: The Karnataka Home Buyers’ Forum has urged the state government to enforce Section 17 of the Real Estate (Regulation and Development) Act, 2016. This is aimed at safeguarding the interests of home buyers. According to Section 17, promoters must execute a registered conveyance deed for the allottee, including the undivided share of common areas, and provide physical possession of the respective apartment, plot, or building. Additionally, the common areas must be handed over to the apartment association or the competent authority upon project completion. In a comprehensive letter addressed to the Greater Bengaluru Authority and the Urban Development Department,…

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…

Latest StoriesRera

Karnataka RERA: Builders Must Insure Common Areas or Cover Repairs

BENGALURU: The Karnataka Real Estate Regulatory Authority (K-Rera) has issued a directive emphasizing that builders must insure common areas to avoid covering repair costs for disasters themselves. In a recent ruling, K-Rera instructed the developers of an apartment complex on Kanakapura Road to provide all insurance documentation for the project within 30 days, partially addressing a complaint regarding a fire incident that damaged the Block 4 clubhouse. The complaint arose from a fire on January 30, 2024, when resident Dhananjaya noticed smoke emanating from the clubhouse. The blaze destroyed the ladies’ washroom and sauna. Despite repeated requests for repair or…