The Bruhat Bengaluru Mahanagara Palike (BBMP) has identified 8,906 properties for paying property tax in the residential slab despite being in commercial use. The discrepancy was noticed when the municipal authority cross-verified its data … READ FULL STORY
The Bengaluru Metro rail project is on track and will complete 175 km of connectivity in the city by June 2025, Bangalore Metro Rail Corporation Ltd., managing director Anjum Parwez said on November 18, … READ FULL STORY
The Karnataka government gave in-principle approval for phase 3 of the Bangalore Metro project. The metro phase 3 includes two lines, which include a 32.16-m section from Kempapura to JP Nagar Fourth Phase and … READ FULL STORY
Seven Indian cities saw total leasing of approximately 13.1 million sqft of office space during Q3 2022, registering a growth of 24% as compared to the absorption in Q3 2021, shows a report by … READ FULL STORY
Hyderabad, the capital of Telangana, has emerged as a hub for manufacturing industries due to its strategic position in south-central India in the early 1900s. By the early 2000s, the manufacturing sector here was … READ FULL STORY
Owing to the 50BPS rise in REPO rates leading to rise in median loan rates, Indian realty markets have seen a decline in affordability, points the Affordability Index study for Q3 2022 by Knight … READ FULL STORY
Real estate developer Brigade Group has entered into definitive agreements to develop prime land parcels in Chennai and Bengaluru, with a total revenue potential of Rs. 4,000 crore in the next four to five … READ FULL STORY
According to real estate consultancy firm JLL’s report, Hotel Momentum India (HMI) Q2, 2022, the Indian hospitality sector has witnessed robust growth in Q2 (April to June) 2022, mainly due to the demand for … READ FULL STORY
Brigade Group and GIC Singapore, on August 4, 2022, unveiled their LEED Platinum-certified IT SEZ Park, Brigade Tech Gardens, located in Brookefields, Bangalore. Brigade Tech Gardens, a joint venture between Brigade Group and GIC … READ FULL STORY
With an aim to reform the power sector in the state of Karnataka, the Karnataka Power Transmission Corporation Limited (KPTCL) was formed in 1999. In June 2002, Bangalore Electricity Supply Company Limited (BESCOM) took … READ FULL STORY
Popular Kannada movie star, Puneeth Rajkumar, died on October 29, 2021, after suffering a cardiac arrest. The 46-year-old star was rushed to Vikram hospital in east Bengaluru after complaining of chest pain while working … READ FULL STORY
Mahindra Lifespace Developers Ltd, the real estate and infrastructure development arm of the Mahindra Group, has launched India’s first net zero energy residential project, Mahindra Eden, in Bengaluru, certified by Indian Green Building Council … READ FULL STORY
Bangalore is the IT hub of India and has a lot of potential for infrastructure growth. During the last few years, Bangalore’s real estate market has witnessed stable growth. Moreover, government policies like the … READ FULL STORY
