Bengaluru, Feb 2026: The Greater Bengaluru Authority (GBA) has intensified its crackdown on property tax evasion across the city, uncovering nearly ₹688 crore in unpaid property taxes through a technology-driven verification exercise. The drive has already led to the auction of tax-default properties as authorities move to recover long-pending dues and improve civic revenue collections. […]
Bengaluru:Puravankara Limited has announced the launch of Purva Silversky, a premium residential development in Electronic City, aimed at homebuyers seeking quality housing with modern amenities and a low-density living environment. Strategic Location in Bengaluru’s IT Corridor Purva Silversky is located off Hosur Road in Electronic City, one of Bengaluru’s key technology and employment hubs. The […]
Bengaluru — February 2026 The Karnataka Real Estate Regulatory Authority (K-RERA) has intensified regulatory oversight by issuing notices to promoters who have failed to submit mandatory quarterly project updates. The Authority has made it clear that penalties and recovery proceedings will begin from April 1, 2026 if compliance is not ensured. Mandatory Disclosures Under Regulatory […]
Bengaluru: The Supreme Court of India has stayed two specific paragraphs of a recent judgment delivered by the Karnataka High Court concerning the long-pending Bangalore–Mysore Infrastructure Corridor (BMIC) project.The stay was granted following an appeal filed by the project developer, Nandi Infrastructure Corridor Enterprise (NICE). High Court’s Observations on Project Delays In its earlier ruling, […]
Bengaluru | February 2026 — Puravankara Limited has officially launched a new premium residential development in Electronic City, Bengaluru, reinforcing strong developer confidence in one of the city’s fastest-growing residential corridors. The launch reflects continued momentum in Bengaluru’s housing market, driven by sustained IT sector employment and improving infrastructure connectivity. Strategic Location in a Key […]
Bengaluru, February 18, 2026 – In a significant policy shift aimed at addressing long-standing grievances from plot owners, the Bangalore Development Authority (BDA) has overhauled its penalty system for undeveloped or vacant allotted sites. The authority has replaced the previously uniform 10% levy—based on the prevailing guidance value—with a more equitable graded penalty structure ranging […]
Bengaluru — February 2026New insights into the city’s housing market show a clear shift in how buyers define value. Rising prices and lifestyle pressures now push homebuyers to choose shorter commutes and functional homes over luxury finishes and premium interiors. Prices Rise Across Key Residential Segments Residential property prices in Bengaluru continue to climb across […]
India’s real estate sector is set to witness a strong revival in public market activity in 2026, with property developers planning initial public offerings (IPOs) worth an estimated $3.3 billion. The move reflects renewed confidence in the sector, driven by sustained housing demand, improving balance sheets, and favourable capital market conditions. Industry experts say this […]
After nearly six decades of legal and political contention, the Bangalore Turf Club (BTC) has formally agreed to relocate its iconic racecourse from central Bengaluru to a new site in Tumakuru.The move follows a prolonged court battle involving land ownership, lease terms, and the future use of one of the city’s most valuable parcels of […]
Shares of major real estate developers with significant exposure to Bengaluru declined sharply on 13 February, falling by up to around 4% as investors reacted to growing concerns over turbulence in the technology sector. The sell-off reflected fears that disruption driven by artificial intelligence (AI) and uncertainty around IT hiring could spill over into real […]