Tag: Mysuru

Latest StoriesRegulatory

Karnataka HC: Sub-registrars must update docs in 4 weeks

BENGALURU: To prevent future litigations once sale deeds are declared void, the Karnataka High Court has established new guidelines for civil and commercial courts, as well as sub-registrars, to update property documents in a timely manner. Justice Sachin Shankar Magadum emphasized that in cases where a registered document related to immovable property is annulled, all civil and commercial courts must send a copy of the decree to the respective sub-registrar within four weeks. This correspondence should include the document number, registration date, book and volume details, and the nature of the annulled document. The decree must be accompanied by a…

IndustryLatest Stories

Mysuru body earns ₹156 crore from premium site sales

MYSURU: The Mysuru Development Authority (MDA) recently held an auction for premium commercial and residential sites, generating ₹156 crore in revenue from the sale of corner and intermediate plots. A total of 200 sites were auctioned, with 133 finding buyers. Successful bidders have three to four days to complete their payments; failure to do so will result in the forfeiture of their EMD amount. KR Rakshith, the commissioner in charge of the MDA, reported a strong turnout at the auction, noting that there was significant interest across Mysuru, excluding the Sathagalli area in northeast Mysuru. Around 33 of the 40…

IndustryLatest Stories

Mysuru body to raise ₹1,000 crore via online plot auctions

Representative AI image MYSURU: The Mysuru Development Authority (MDA) plans to raise ₹1,000 crores through the auction of its vacant plots, which include various corner sites across different layouts. This online auction aims to generate funds for developmental projects and to deter encroachment by land sharks while ensuring better land asset utilization. Approximately 150 acres of land in numerous layouts like Vijayanagar (I to IV stages), Lalithadri Nagar, Vijayshreepura, Dattagalli, JP Nagar, Devanuru, Rajiv Nagar, and Hebbal are available for the urban body. After developing around 700 layouts, which were transferred to urban local bodies such as Hootagally CMC and…

IndustryLatest Stories

Karnataka Launches AI Kaveri 3.0 and GIS Land System in Budget 2026

NEW DELHI: Karnataka Chief Minister Siddaramaiah revealed new initiatives on Friday aimed at digitizing land records, streamlining property registration, and enhancing housing and infrastructure in the 2026-27 state Budget. The state plans to unify various land and property data through the Karnataka Land-Stack system, a GIS-based platform merging information from Bhoomi, Mojini, Kaveri, e-Swathu, and e-Asthi. This integrated database aims to deliver a consolidated digital record of land transactions, enhancing transparency in land management. The government will also introduce Kaveri 3.0, a new version of its property registration software, with an investment of ₹65 crore. This updated platform will facilitate…

IndustryLatest Stories

MDA Blocks 200 Sites Amid Surge in Mysuru Demand

Representative AI image MYSURU: The Mysuru Development Authority (MDA) has announced an auction for three commercial corner sites—one in JP Nagar (south Mysuru) and two in Vijayanagar IV Stage (west Mysuru)—with base prices between Rs 3.3 crore and Rs 3.5 crore. Following a successful sale of a premium 4,133 sqft plot, which fetched Rs 8.6 crore, the authority has set the base prices for the new premium plots at Rs 7,300 to Rs 7,900 per sqft. In addition, MDA is auctioning six sites priced between Rs 2.1 crore and Rs 2.5 crore, 15 sites from Rs 1.5 crore to Rs…

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

Mysuru Civic Body Begins Construction Demolition Plant Work

Representative image created by AI MYSURU: The Mysuru City Corporation (MCC) has commenced the establishment of a construction and demolition (C&D) waste processing plant. This facility, approved by the Mysuru Development Authority, will be set up on a 9-acre site in Hanchya-Sathagalli, adjacent to the Outer Ring Road, with an investment of ₹11.7 crore. MCC has started collecting construction debris and is currently dumping it at the Hanchya-Sathagalli location. Out of the 500 tonnes of solid waste generated daily in the city, approximately 100 tonnes consist of C&D waste. This initiative is pivotal for enhancing Mysuru’s cleanliness ranking, as part…

Latest StoriesRegulatory

Mysuru Civic Body Hits Record 88.4% Property Tax Collection in 2025

MYSURU: The Mysuru City Corporation (MCC) achieved a record property tax collection rate of 88.4% by the end of December 2025, marking its highest performance to date. In prior years, tax collection had never surpassed 80% by year-end. Officials credit this year’s success to new strategies, including the public disclosure of major defaulters—comprising individuals, commercial entities, and government bodies—on the corporation’s official website. This measure, launched for the first time, has significantly increased compliance compared to previous years. The published list featured top defaulters across both commercial and large residential sectors. After multiple notices and reminders, MCC implemented this public-disclosure…

InfrastructureLatest Stories

Mysuru Body Proposes Expansion of Local Planning Area Amid Doubts

MYSURU: The Mysuru Development Authority (MDA) is planning to expand its local planning area (LPA) from 519 sq km to nearly 1,200 sq km, potentially increasing its administrative coverage over the city’s development. This proposal aims to facilitate more organized and centralized planning; however, there are concerns that it does not sufficiently address Mysuru’s rapid growth or the necessity for solid mass transportation infrastructure. MDA’s in-charge commissioner, K R Rakshith, informed TOI that since the authority’s establishment eight months ago, three board meetings have taken place. During the latest meeting last month, chaired by the deputy commissioner, the board decided…

Latest StoriesRera

Karnataka RERA Orders Builder to Submit Mysuru Project Compliance Plan

BENGALURU: The Karnataka Real Estate Regulatory Authority (K-RERA) has instructed a builder from Haryana to provide a comprehensive compliance report and action plan within 30 days. This plan must detail the completed and outstanding amenities and infrastructure for the Astrum Grandview – Phase I project, aligned with approved plans, agreements, and representations made to buyers, supported by relevant documentation. In an order issued on December 31, 2025, the Authority responded to complaints from 19 homebuyers, requiring the builder to submit a schedule outlining when all pending amenities, common facilities, and statutory obligations will be fulfilled. The order cautioned that non-compliance…