BENGALURU: From launching its first project, Brigade Towers, to completing approximately 110 million square feet of real estate development, Brigade Group has grown over four decades by expanding its portfolio and taking on increasingly ambitious projects, its founder and chairman M R Jaishankar has said. In a video published by Brigade Group to mark its…
Bengaluru: Karnataka has rolled out an incentive-heavy package to attract fresh investments in the aerospace and defence sector, offering investors subsidies on land, capital expenditure and production, along with stamp-duty exemptions, land-conversion fee reimbursement and, for smaller enterprises, a complete exemption from electricity tariff tax for several years. However, the new Karnataka Aerospace & Defence Policy…
Bengaluru: Karnataka government has allotted 40 acres of government land in Hoskote taluk of Bengaluru Rural district to the Department of Electronics, Information Technology, Biotechnology and Science & Technology for the development of a proposed space, electronics and related industrial park.’ The order was issued by the Revenue department, represented by Deputy Chief Minister G Parameshwara. The…
BENGALURU: Ceiling height, often an overlooked aspect when buying an apartment, is increasingly becoming a point of contention between homebuyers and developers, with property owners turning to the Karnataka Real Estate Regulatory Authority (K-RERA) seeking compensation for flats that they claim fall short of prescribed or promised specifications. In the latest instance, K-RERA has directed…
BENGALURU: In a move that could shore up support among the state’s dairy farmers but put an additional burden on urban households, particularly in Bengaluru, the State Cabinet has approved a proposal to increase the price of Nandini milk by up to ₹8 a litre. The decision comes at a time when the Congress government is…
Bengaluru: Embassy Developments has recorded pre-sales of more than ₹1,800 crore from its 85-acre residential project, Embassy Origins, in North Bengaluru, within a week of its launch. The company said it achieved 62% absorption of the units launched on September 16, with 477 homes booked across more than 10 lakh sq ft of saleable area. Located…
BENGALURU: Building a best-in-class office in Bengaluru costs about $950 per sq m — nearly 39% less than the average cost of a mid-range office fit-out across the Asia-Pacific region, offering companies scope to invest the savings in better air quality, lighting, acoustics and workplace amenities, according to a JLL report. The finding assumes significance…
Bengaluru: The Karnataka government has ordered the attachment of 47 immovable properties allegedly linked to Guru Teak Investments (Mysore) Private Limited and Guru Agri Farm Private Limited, citing the need to protect the interests of depositors. In a notification issued on August 29, the government said investigations into complaints by depositors had found that the…
Prestige Group, a private real estate firm, has upgraded Brunton Road under the Public-Private Collaboration (PPC) scheme, in an initiative aimed at improving civic infrastructure in central Bengaluru where company’s headquarters is located. The newly constructed road was inaugurated on Thursday in the presence of Bengaluru Development Minister Krishna Byre Gowda, Shantinagar MLA N.A. Harris…
Bengaluru: The Karnataka government has proposed a major overhaul of the state’s industrial clearance mechanism, with a Bill seeking to provide affidavit-based clearances to industries, introduce deemed approvals if applications are not processed within prescribed timelines and reduce physical inspections during the validity of such clearances. The Karnataka Industries (Facilitation) (Amendment) Bill, 2026, introduced to…
