Tag: Mysuru

InfrastructureLatest Stories

KIADB Acquires 838 Acres for Phase II in Chamarajanagar

Representative image MYSURU: The Karnataka Industrial Area Development Board (KIADB) has successfully acquired 838 acres for the Phase II expansion of the Kellamballi-Badanaguppe Industrial Area in Chamarajanagar district. Initially, KIADB had notified 1,189 acres for acquisition. The majority of landowners have received compensation, with the remainder to follow once legal disputes are resolved. Officials have indicated that development has commenced on part of the acquired land for the creation of industrial plots. With Phase I largely occupied, the government is intensifying its expansion efforts to attract more investors to the region. The initiative was originally launched by former Chamarajanagar district…

InfrastructureLatest Stories

Mysuru Body to Auction Reclaimed Land

MYSURU: The Mysuru Development Authority (MDA) has successfully reclaimed approximately 150 acres of encroached land in and around Mysuru over the past year. The authority is now planning to transform the recovered areas into residential sites, which will be made available for auction. The reclaimed land, situated in developed layouts, was initially acquired by the authority decades ago. Compensation was provided to landowners at that time; however, over the years, numerous parcels have been illegally occupied, resulting in ongoing legal disputes. As stated by MDA’s in-charge commissioner, KR Rakshith, who is also the special land acquisition officer, 17 encroachments have…

CommercialLatest Stories

BuzzWorks Opens 16,000 Sq Ft Office in Mysuru

NEW DELHI: BuzzWorks, the managed office and co-working division of Brigade Group, has officially launched a new 16,000 sq. ft. center on Vinoba Road in Mysuru. The facility can accommodate over 500 workstations and is situated within the Brigade Vantage commercial complex, which spans 1.3 lakh sq ft. Plans are in place to further expand the center by an additional 16,000 sq ft in the near future. Siddharth Verma, the business head, remarked, “This launch is a part of our broader multi-city expansion strategy that we intend to execute during this financial year.” In addition, BuzzWorks is set to expand…

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…