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Vinoth Priya is Real Estate Regulatory Authority secretary

Vinoth Priya is Real Estate Regulatory Authority secretary Bengaluru: The state government on Thursday appointed IAS officer Vinoth Priya as secretary to the Real Estate Regulatory Authority, Bengaluru, with immediate effect. The government recently notified the final... read more

Draft zoning rules violate court orders: Civic groups

Eminent citizens and civic activists are upset over the urban development department’s recently published draft common zoning regulations, claiming that if turned into a law, they could end up making a shantytown out of Bengaluru. They said the draft, citing the... read more

Kengeri lake to get a new lease of life

Kengeri lake, which was on deathbed a few years ago, will soon get a fresh lease of life. The lake will emerge as a popular breathing space with recreational activities in a year. The Bangalore Metro Rail Corporation Limited (BMRCL) has floated tenders for... read more

Cabinet approves Rs 1,662-cr tenders for three STPs

They will come up in KC, Hebbal and Vrishabhavathi valleys. The state Cabinet on Wednesday approved tenders worth Rs 1,662 crore for setting up sewage treatment plants (STPs) in Koramangala and Challaghatta, Hebbal and Vrishabhavathi valleys. Briefing reporters after... read more

RERA set to rein in real estate agents

They Have To Register In 3 Months When realty prices hit the roof in Bengaluru and other major cities in the past two decades, smalltime brokers and agents had a free run as they became indispensable in the sector. But now with property brokerage coming under the... read more

New rules to regulate apartment construction

All urban local bodies to be covered P M Raghunandan Bengaluru, dhns: The state government proposes to regulate construction of residential apartments through new Zoning Rules. The draft common Zoning Rules (ZR) notified by the Urban Development Department recently,... read more

Realty News !!!!

Top Stories • Blackstone bids for IL&FS realty fund assets • Builders can’t force buyers to go for arbitration: NCDRC • Bombay HC grants bail to Orbit Corporation’s MD in two flat cheating cases • NCDRC issues notice to Noida’s Pan realtors •... read more

RERA EFFECT – 60% threshold enthuses developers

“RERA EFFECT – 60% threshold enthuses developers” Shashank Udupa had invested in a home in Yelahanka in 2013 and the builder had assured him possession by November 2015.Though 80% of the apartment has been completed, he is yet to get possession.The... read more

Smaller builders are keen to consolidate as RERA sets in

 Smaller builders are keen to consolidate as RERA sets in Several builders are either looking to sell off a part of their under-construction projects or enter into joint development agreements with larger, established and branded developers in a market challenged by... read more

Small property brokers in trouble

Jul 06 2017 : The Times of India (Bangalore) Small property brokers in trouble  With the real estate market sluggish and a lot of rental deals moving online, small property brokerage businesses have been badly hit. So much so that some are looking at exiting the... read more

RERA rules get okay with rider

Deccan Herald 6th July 2017 RERA rules get okay with rider Bengaluru, dhns: The State Cabinet on Wednesday approved the rules for the Real Estate (Regulation and Development) Act, 2017, with a rider that ongoing projects with 60% work completed will not come under the... read more

TAX WISE – GST and impact on real estate sector

The GST system comes into effect tomorrow. Here’s what it entails for the property industry The most significant tax reform ever Goods and Services Tax (GST) comes into effect tomorrow. This will be a historic moment. After considerable deliberations, the GST... read more

The legacy of a Master Builder

The acorn which was planted by the great visionary Kempegowda, has grown into an oak that is Bengaluru. It was Kempegowda who designed the dna and the template of Bengaluru, the information technology and biotechnology city. Kempegowda I, the founder of Bangalore was... read more

Bengaluru’s realty sector is all set to get a Metro boost

Govt Plans New Policy For Buildings Within 200 Metres of Stations The Bengaluru realty market is all set to get a much-neeeded boost with the Metro Green Line connecting the East-West and North-South corridors, covering 42.3km.With the recent launch, realty on Metro... read more

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