The land has always been clearly exempt from GST. However, a never-ending battle erupted over whether the sale of plots following basic development is subject to GST. This case is nearing its end. MUMBAI: The GST-Authority for Advance Rulings (AAR) Karnataka bench has ruled that the goods and services tax (GST) is not applicable on […]
There will be no GST on the sale of plots with basic infrastructure: AARmore
Namma Metro’s Phase II-A (Central Silk Board to KR Puram) and Phase II-B (KR Puram to the Kempegowda International Airport) project cover 58.19 km, have been approved by the Metropolitan Planning Committee (MPC). The approval took place months after the Centre’s approval and almost 2 years after the state government’s approval. However, it is unclear why […]
The Metropolitan Planning Committee (MPC) has approved Phase II-A and Phase II-B of the Bengaluru Metro.more
India’s pandemic-crushed in and around Bengaluru and Hyderabad commercial property renting market that is being sprouted up by deals also major cities such as Mumbai and NCR see changes going back to normal. Negotiation with builders is done by Apple for a 350,000 sqft office space in Bengaluru which will work its global markets, and […]
Apple is likely to get 3.5-lakh sqft of office space in Bengaluru.more
SPL is planning to launch 4-5 plotted development projects this year, through a strategic partnership with SLV Infra Projects Bengaluru, 1 June 2020: Shriram Properties Limited (SPL), one of South India’s leading residential real estate development company, announced further expansion of its plotted land development portfolio through a strategic partnership with SLV Infra Projects, which […]
Shriram Properties expands its plotted development portfolio; Partners with SLV Infra Projectsmore
As per Chief Minister B.S. Yediyurappa on 13 April, with the coronavirus pandemic and subsequent 21-day lockdown causing a financial crisis, cash-starved Karnataka agreed to auction 12,000 housing sites to raise funds. “The government will auction 12,000 corner sites, idle in Bengaluru, to collect funds for development work,” Yediyurappa said following a meeting with ministers […]
Karnataka government plans to raise funds by selling Bengaluru housing sites.more
US-based flexible office space provider Kovorks collaborated with city-based Marvel Infrabuild to create India’s largest coworking facility with a capacity of around 25,000 desks. The new luxurious co-working space would extend across 15,000,00 sqft at Whitefield main road. Kovorks already runs versatile offices in seven locations in the US and Malaysia. “India’s co-working market has […]
US-based company Kovorks partnered with Marvel Infrabuild to develop India’s largest co-working space in Bengaluru.more
Yerappanahalli is located in the north-eastern outskirts of Bengaluru. The airport and Manyata Tech Park are near to it. Sources report that approximately 86% of the available properties are residential plots and 14% are residential houses. The Yerappanahalli locality rating by the consumers is 4 out of 5 on livability. The ideal type of property […]
Yerappanahalli, an emerging residential locality in Bengaluru.more
Google leases about 1.2 million sqft of office space in Bengaluru from commercial developer Bagmane Group, people familiar with the matter said. The deal will be one of the biggest in the country’s largest office sector this year. The lease will add to the tech giant’s portfolio of real estate in Bengaluru, where it has […]
Search Engine giant Google is going to lease 1.2 million sqft office space in Bengaluru.more
The government is set to enforce a law to regulate unauthorized building construction in Bruhat Bengaluru Mahanagara Palike (BBMP) limits by penalizing those who breach the construction norms with a fine. On February 18, the Government tabled in the assembly the Karnataka Municipal Corporations (Amendment) Bill 2020. The bill aims to penalize those who create […]
Bengaluru Municipal Corporation elects to fine illegal constructions.more Singapore’s GIC sovereign wealth fund is the front runner in acquiring Mapletree Investment’s Global Tech Park in Bengaluru for nearly Rs 2,500 crore, in the commercial real estate area of India, with the largest output of private equity (PE). “GIC is now shortlisted and the documentation is in the process while it has not yet […]
Singapore’s GIC is going to purchase Tech Park in Bengaluru for Rs. 2,500 crore.more
