Karnataka Real Estate Regulatory Authority (K-RERA) has introduced a strict penalty regime starting FY 2025-26 to ensure timely submission of quarterly progress reports (QPRs) by real estate promoters. Promoters must upload these reports on the K-RERA portal within 15 days after each quarter ends, or face a ₹25,000 fine per delayed quarter. Penalty Details The […]
Public Awareness Drive to Curb Unauthorized Property Purchases The Bangalore Development Authority (BDA) has launched a public awareness campaign to educate homebuyers about illegal layouts and unapproved land developments. The campaign aims to prevent citizens from purchasing plots that do not have statutory approvals. Officials said the initiative will focus on explaining approval procedures, required […]
Bengaluru’s residential real estate market shows a clear bifurcation: premium apartments with expansive layouts and top-tier amenities are selling briskly, while smaller, no-frills budget units accumulate unsold inventory amid sluggish demand. Premium Segment Surge Homebuyers increasingly target mid- to premium homes priced between ₹1–5 crore, which captured nearly 79% of H1 2025 sales despite a […]
Bengaluru, February 1, 2026– The tragic death of Confident Group founder and chairman Dr. C.J. Roy (Roy Chiriankandath Joseph), 57, on January 30 during an Income Tax raid at his Langford Town office has thrust Bengaluru’s real estate industry into the spotlight, reigniting concerns over intense regulatory scrutiny amid financial strains and project delays. Raids […]
Bengaluru, January 30, 2026 – The Karnataka High Court has taken up a Public Interest Litigation (PIL) challenging the December 2025 demolition of over 300 houses in Wasim Layout and Fakir Colony (also known as Old Fakir Colony) in Kogilu village near Yelahanka, North Bengaluru, amid claims of illegal encroachment on government lake-catchment land earmarked […]
Premium launches cluster in East Bengaluru January has seen a wave of branded launches in and around Whitefield, Varthur, and Hoskote, continuing Bengaluru’s shift toward premium, amenity-heavy apartment communities. Developers are chasing end users from IT and startup sectors who prioritise connectivity to ORR, Whitefield, and upcoming metro lines while accepting higher ticket sizes for […]
BENGALURU, January 28, 2026 — The Bangalore Development Authority (BDA) has officially rejected widely shared online claims suggesting that newly developed residential plots in a major layout were carved out of an old graveyard. The clarification comes amid growing public concern and viral posts, particularly on social media platform X (formerly Twitter), which sparked broader […]
Bengaluru: In a move aimed at boosting non-fare revenue and enhancing commuter convenience, the Bangalore Metro Rail Corporation Limited (BMRCL) has announced plans to develop retail and commercial spaces at seven metro stations across the city. The initiative will open new leasing opportunities for businesses along major transit corridors, including prominent stations such as Sampige […]
Bengaluru, January 24, 2026 — Real estate developers in Karnataka have highlighted persistent delays in the issuance of e-khata (digital property records), urging the Greater Bengaluru Authority (GBA) to step in and address systemic bottlenecks that are hindering project registrations, property transactions, and timely handovers to buyers. Industry Voices Concerns at Major Conclave The issue […]
Bengaluru, January 23, 2026 – The Bangalore Development Authority (BDA) is pushing forward with a major redevelopment initiative to revitalize seven of its outdated commercial complexes across prime city locations. The project, executed through public-private partnerships (PPP), aims to transform these once-popular but now neglected hubs into modern mixed-use spaces featuring showrooms, retail outlets, and […]
