The Karnataka government has approved a significant salary hike for politicians and MLAs. Discover the details and implications of this decision.
Karnataka PoliticsSalary HikeMlasPublic ServiceGovernanceReal Estate PuneMar 20, 2025
The new salary for MLAs in Karnataka is Rs. 1,00,000 per month, up from Rs. 50,000.
The Chief Minister's salary will increase to Rs. 3,00,000 per month, up from Rs. 2,00,000.
The government has approved the salary hike to attract competent individuals to public service and maintain parity with other states.
The estimated additional expenditure due to the salary hike is around Rs. 50 crores per year.
Yes, the government has stated that the salary hike will be accompanied by stricter performance evaluations and increased public scrutiny.
The Union Budget 2024-25 has brought forth a comprehensive and ambitious vision for the real estate sector, particularly benefiting urban centers like Mumbai.
The Maharashtra Housing and Area Development Authority (MHADA) reviewed nine applications and issued directives for prompt action during its fifth Lokshahi Din in Mumbai.
The Bombay High Court has issued an order directing civic planning bodies to integrate their websites with the Maharashtra Real Estate Regulatory Authority (MahaRERA) portal. This move aims to enhance transparency and streamline regulatory oversight in th
Yusen Logistics, a major global logistics and supply chain solutions provider, has leased a 150,000 sq ft warehousing facility from Macrotech Developers in Palava, near Mumbai. This strategic move aims to enhance their distribution network in India, align
Deputy Chief Minister Eknath Shinde announces a significant housing development initiative by the Maharashtra Housing and Area Development Authority (MHADA) to construct 800,000 homes in the state within the next five years. This ambitious plan aims to pr
A recent report by PropEquity highlights the mixed trends in Visakhapatnam's residential real estate market from 2019-20 to 2023-24, offering insights into the future of this vibrant sector.