Karnataka's Congress government has decided to rename Ramanagara district as 'Bengaluru South,' sparking a political controversy. Opposition parties allege that this move is a ploy by the land mafia to inflate real estate prices and facilitate land conversion.
KarnatakaRamanagaraBengaluru SouthLand MafiaReal EstateReal EstateMay 26, 2025
The main controversy is the allegation that the renaming is a ploy by the land mafia to inflate real estate prices and facilitate land conversion, benefiting vested interests.
Deputy Chief Minister D K Shivakumar is at the center of the controversy, being accused by opposition leaders of spearheading the renaming effort to serve real estate interests.
Opposition leaders are concerned that the renaming will dilute regional identities, inflate land prices, and lead to the conversion of agricultural lands into real estate layouts.
The government, particularly Deputy CM Shivakumar and Chief Minister Siddaramaiah, defend the renaming as a move to accelerate growth and unlock economic potential for the region, benefiting youth and farmers.
The potential consequences include widespread land acquisition, displacement of rural communities, and irreversible damage to the agrarian ecosystem, as well as a high-stakes political battle over development versus identity.
Navneet Rana, a prominent political figure in Maharashtra, has announced that he will not contest in the upcoming Maharashtra Assembly elections. Instead, he is setting his sights on a membership in the Rajya Sabha. This decision comes after a series of s
The real estate sector in India is witnessing a positive trend with the BSE Realty index showing significant gains. Leading companies in the sector are experiencing a boost, indicating a robust performance in the market.
The Certificate Officer-cum-ADM Bhubaneswar has issued a show-cause notice to M/s. Vipul Limited, the developer of Vipul Galleria in Ghatikia locality, demanding an explanation for the issuance of an arrest warrant.
The Ranchi Municipal Corporation (RMC) has issued a stern warning to property owners who are defaulting on their holding tax payments. The move is aimed at ensuring that all citizens comply with the tax regulations and contribute to the city's development
Aditya Birla Real Estate Ltd's subsidiary, Birla Estates, has formed a joint venture with Mitsubishi Estate Co Ltd (MEC) to invest Rs 560 crore in a new housing project. This strategic partnership aims to leverage the strengths of both companies to delive
The combined market valuation of eight of the top-10 most valued firms dropped by Rs 1,65,784.9 crore last week, with Tata Consultancy Services (TCS) being hit particularly hard.