Agreement with BMRCL Valued at ₹115 Crore Leading real estate developer Prestige Group has entered into a landmark agreement worth ₹115 crore with Bangalore Metro Rail Corporation Limited (BMRCL) to develop a metro-linked commercial project near the upcoming Bellandur Metro Station on the Outer Ring Road corridor. The project is part of BMRCL’s transit-oriented development […]
The Bangalore Metropolitan Transport Corporation (BMTC) has announced plans to lease out terrace spaces at two of its major Traffic and Transit Management Centres (TTMCs) — Shanthinagar TTMC and Vijayanagar TTMC — for commercial activities. The move aims to diversify BMTC’s revenue sources while bringing underutilised rooftop spaces into productive urban use. Restaurants, Gyms and […]
Bengaluru, February 9, 2026 — In a significant move to promote vertical development and optimize land use, the Karnataka government has expanded building norms in designated industrial areas by allowing a higher Floor Area Ratio (FAR) of up to 5.2. The revised regulations are expected to transform Bengaluru’s skyline and draw fresh investment into high-rise […]
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 […]
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: 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 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Development Authority (BDA) is pushing forward with a major redevelopment initiative to revitalize seven of its outdated commercial complexes across prime city locations.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 […]
Hyderabad Developer Targets ₹23,000 Crore GDV in the City Through Major Mixed-Use Developments Bengaluru, January 22, 2026 – MyHome Group, the Hyderabad-based real estate leader famous for premium gated communities and on-time delivery, has officially launched operations in Bengaluru. This move forms a core part of the company’s aggressive pan-India expansion, backed by a ₹4,100 […]
The Karnataka High Court recently upheld the Bangalore Development Authority’s (BDA) land acquisition for the Banashankari VI Stage extension, dismissing appeals from landowners challenging the process. This ruling affirms decades-old notifications and prioritizes urban development in Bengaluru. Court Decision Details A division bench of Justices DK Singh and Tara Vitasta Ganju dismissed writ appeals by […]
Bengaluru, January 10, 2026 — Bengaluru-based real estate major Sumadhura Group has kicked off the new year with its most ambitious rollout yet, announcing the launch of six luxury residential projects across East and North Bengaluru in FY26. The initiative involves an investment of approximately ₹1,000 crore and is projected to generate a revenue potential […]
