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Karnataka Seeks Private Investors to Revive Mysore Paper Mills

Real Estate

Karnataka Seeks Private Investors to Revive Mysore Paper Mills

The Karnataka government is exploring private sector options to revive the Mysore Paper Mills (MPM) in Bhadravathi, a decade after its closure. Efforts are underway to attract private bidders with exemptions and relief measures.

August 29, 2025
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Karnataka Considers 1% Stamp Duty Hike to Boost Property Revenue

Real Estate

Karnataka Considers 1% Stamp Duty Hike to Boost Property Revenue

The Karnataka government is considering a 1% increase in stamp duty to address a significant revenue shortfall from property registration in the first quarter of the fiscal year. This move aims to improve the state's financial performance and support the real estate sector.

June 21, 2025
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CREDAI Bengaluru Urges Government for Urgent Urban Development Reforms

Real Estate

CREDAI Bengaluru Urges Government for Urgent Urban Development Reforms

The Confederation of Real Estate Developers' Associations of India (CREDAI) Bengaluru has once again called on the Karnataka government to implement key urban development reforms. These reforms are crucial for enhancing the real estate sector and improving the overall quality of life in Bengaluru.

April 12, 2025
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Government Hikes: Ordinary Citizens Bear the Brunt in Karnataka

real estate news

Government Hikes: Ordinary Citizens Bear the Brunt in Karnataka

With a series of tax and price hikes, the Karnataka government is placing a significant financial burden on ordinary citizens. From fuel and liquor to milk and water, the costs are rising, while the government contemplates more increases in property tax,

January 1, 2025
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Government Hikes: Ordinary Citizens Bear the Brunt in Karnataka

real estate news

Government Hikes: Ordinary Citizens Bear the Brunt in Karnataka

With a series of tax and price hikes, the Karnataka government is placing a significant financial burden on ordinary citizens. From fuel and liquor to milk and water, the costs are rising, while the government contemplates more increases in property tax,

December 31, 2024
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Rs 5,000 Crore Infrastructure Boost for New Industrial Areas in Karnataka

Real Estate

Rs 5,000 Crore Infrastructure Boost for New Industrial Areas in Karnataka

The Karnataka government's plan to secure a Rs 5,000 crore loan to develop new industrial areas and improve infrastructure is expected to have a significant impact on the real estate sector.

September 7, 2024
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Karnataka Govt Extends OTS Scheme for Property Taxpayers in Bangalore

Real Estate Mumbai

Karnataka Govt Extends OTS Scheme for Property Taxpayers in Bangalore

The One-Time Settlement scheme for property tax arrears in Bangalore has been extended till September 30, offering a complete interest waiver and halved penalties.

August 9, 2024
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Karnataka's Asset Monetisation Scheme: A Boon for Real Estate Groups, Alleges Basavaraj Bommai

real estate news

Karnataka's Asset Monetisation Scheme: A Boon for Real Estate Groups, Alleges Basavaraj Bommai

The Karnataka government's asset monetisation scheme is aimed at benefiting real estate groups, alleges former Chief Minister and BJP MP Basavaraj Bommai.

June 18, 2024
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