Bangalore News Desk

05 Feb 2026

Owners of irregularly sized and corner sites in Bengaluru developed under the Bangalore Development Authority (BDA) are reporting property tax anomalies that leave them paying almost double what neighbouring standard plots are charged. The tax regime, based on a slab structure introduced by the BDA, can push a modest increase in site area into a substantially higher rate bracket, forcing the higher rate to apply to the entire site rather than only the excess area beyond standard dimensions. Allottees from layouts such as Nadaprabhu Kempegowda Layout, Banashankari 6th Stage and Sir M Visvesvaraya Layout have raised concerns that they were not informed about these tax implications at the time of purchase. BDA officials say the automated system applies tax strictly according to predefined slabs, and there has been no change despite requests for a more equitable approach. Around 3,000 plots are thought to be affected by the current policy framework.Read more

03 Feb 2026

C.J. Roy, founder and chairman of Confident Group, died by suicide at his Bengaluru office while Income Tax officials were conducting ongoing searches linked to earlier investigations into his business. Roy, in his late 50s and financially sound with zero debts, faced significant pressure from the federal agency, according to family members. Bengaluru Police have formed a Special Investigation Team to examine the incident, which occurred during a three-day tax verification process. His death has shocked the real estate community, drawing condolences from peers, industry leaders, and political figures.Read more

Bangalore News Desk

03 Feb 2026

Bengaluru is revising its Comprehensive Mobility Plan (CMP) to address the city's growing traffic congestion and changing travel patterns. The existing plan, approved in 2020, relied on outdated data collected before the city's rapid expansion and metro network growth. The new plan will integrate metro expansions, Parking Policy 2.0, Transit-Oriented Development, arterial road projects, and the impact of Kempegowda International Airport's Terminal 2. It aims to improve public transport usage, support pedestrian and cycling infrastructure, reduce congestion, and coordinate planning across key transport and civic agencies.Read more

02 Feb 2026

Bengaluru-based real estate developer Abhee Ventures has acquired a 45-acre prime land parcel in Gunjur, East Bengaluru, to develop a large-format luxury residential township, marking a significant step in its expansion strategy. The acquisition reflects the developer's confidence in the long-term growth potential of Bengaluru's eastern corridor, supported by major infrastructure projects such as the upcoming Peripheral Ring Road, Metro connectivity on Sarjapur Road and the proposed SWIFT City development. Envisioned as a master-planned residential community, the project will feature premium homes, expansive green spaces and lifestyle-oriented amenities. Ahead of the launch, Abhee Ventures has also associated with industry veteran Ashwinder R. Singh to strengthen institutional systems, brand positioning and go-to-market strategy, reinforcing its ambition to scale up as a Category A residential developer in the luxury housing segment.Read more

Bangalore News Desk

02 Feb 2026

Assetz, a Bengaluru-based real estate developer, has launched a new luxury residential project in south-eastern Bengaluru, offering three-bedroom apartments starting at INR 2.3 crore. The development, named Melodies of Life Apartments, is spread over about 3 acres off Hosa Road, around 15 minutes from HSR Layout, and comprises 204 homes with sizes between 1,827 and 1,853 sq ft. The project features lifestyle-oriented amenities, including a dual clubhouse of nearly 38,000 sq ft, and sports facilities such as padel and pickleball courts, designed to appeal to buyers seeking luxury living in a low-rise, nature-integrated setting. Assetz said the design blends native landscaping, high-quality materials and community-centric planning. The project forms part of the developer's broader strategy in Bengaluru, where it has delivered and planned over 50 million sq ft of residential space, emphasising low-density planning and sustainability features.Read more

Bangalore News Desk

30 Jan 2026

Morgan Stanley Advantage Services has leased nearly 160,000 sq ft of Grade-A office space at Bengaluru's Ecoworld business park, with an annual rental obligation of around INR 23 crore. The five-year lease, effective earlier this year, includes a security deposit of INR 11.88 crore and a 15% rent escalation every three years. The office is expected to be operational by May. This expansion reflects Morgan Stanley's continued growth in India and sustained demand for premium office spaces from multinational financial services and technology firms in the Outer Ring Road corridor.Read more

29 Jan 2026

Bengaluru citizens have asked Prime Minister Narendra Modi and Chief Minister Siddaramaiah to intervene in accelerating Corridor 1 of the Bengaluru Suburban Rail Project (BSRP), connecting the city centre to Kempegowda International Airport. Sanctioned in 2020 with an estimated cost of INR 15,767 crore, the project faced repeated delays, with no work started even after over five years. Local groups emphasize the need for timely funding, land acquisition, and execution. They hope direct government support can help commission the corridor by early 2028, benefiting around two crore commuters.Read more

28 Jan 2026

MagickHome has launched its flagship Interiors Experience Hub in HSR Layout, Bangalore, aiming to transform how homeowners explore and choose interiors. Spread over 6,200 sq ft across two floors, the hub features a full-scale 2BHK mock-up, premium child-safe finishes, and over 50,000 design permutations. The Design Experience Zone allows visitors to compare materials in real scale and lighting. Inaugurated by actress Rukmini Vasanth, the hub combines design expertise, global-quality materials, and a human-centric approach, positioning Bangalore as a key market for MagickHome's expansion in home interiors.Read more

Bangalore News Desk

27 Jan 2026

The Bangalore Development Authority has recovered encroached land valued at more than INR 700 crore through multiple demolition drives conducted across Bengaluru over the past several months. The operations covered over 25 acres of government land reserved for layouts, roads, and public infrastructure. Major recoveries were reported in JP Nagar 9th Phase and other planned layouts. Officials confirmed that due legal procedures were followed before action. The reclaimed land will be used for future development works or auctioned where legally feasible.Read more

25 Jan 2026

Property owners within the Greater Bengaluru Authority (GBA) limits are facing prolonged delays in accessing khata services, with khata bifurcation suspended for years and B-khata to A-khata conversions moving slowly. The issue has intensified after approval powers shifted from BDA to GBA, pending zoning amendments. Thousands of owners, especially those with ancestral, joint or subdivided properties, are unable to sell, build or secure loans. Even vacant plots remain without khata, adding to uncertainty. While applications have moved online, most lack required layout documents. GBA plans to generate these internally, a step that could unlock over INR 5,000 crore in revenue and ease the growing backlog for affected residents.Read more

Bangalore News Desk

24 Jan 2026

Kempegowda International Airport in Bengaluru has introduced Gate Z, a new social lounge at Terminal 2, designed to reflect the changing travel habits of younger and experience-focused passengers. Unlike traditional airport lounges, the space allows travellers to eat, work, relax and socialise in one open setting. With themed zones such as a cafbar, diner and amphitheatre, Gate Z focuses on flexibility rather than exclusivity. The initiative aligns with the airport's wider effort to create experience-led infrastructure as passenger dwell times increase.Read more

23 Jan 2026

TVS Emerald, the real estate arm of the TVS Group, has raised INR 425 crore in equity funding from the International Finance Corporation (IFC) to support its upcoming residential developments and future project pipeline. The investment will primarily be used to develop two housing projects in Chennai and Bengaluru, both slated for launch in the next financial year, with additional capital allocated for new residential projects over the following two years. The company plans to invest around INR 136 crore in its Chennai project and approximately INR 103 crore in the Bengaluru development. Together, the two projects are expected to generate a combined revenue potential of about INR 4,400 crore. TVS Emerald currently has a strong presence in Chennai and Bengaluru, with over 6 million sq ft of residential space delivered and more than 9 million sq ft under development.Read more

Bangalore News Desk

23 Jan 2026

Homebuyers in Bengaluru are voicing concerns over the proliferation of increasingly compact pigeon-hole 2 BHK apartments units that offer generous common amenities but unusually tight internal living spaces as rising land and construction costs push developers to shrink carpet areas to preserve price points. This trend has ignited widespread debate on social media and among property seekers, with many questioning whether Bengaluru is beginning to mirror Mumbai-style housing dynamics, where small, high-priced flats have long been the norm. Data from real estate platforms shows average apartment sizes in the city dropped nearly 8 % year-on-year in 2025, as developers reconfigure layouts to manage affordability pressures. Buyers on forums argue that while Bengaluru's land scarcity isn't as severe as Mumbai's, pricing psychology and market expectations are increasingly driving design choices that prioritise saleability over livability. The discussion reflects broader concerns about housing affordability and quality in one of India's fastest-growing real estate markets.Read more

19 Jan 2026

Bengaluru's Greater Bengaluru Authority has launched an extensive door-to-door survey to identify property owners evading taxes by misreporting property details. Covering 369 wards across the city, surveyors are collecting geo-tagged data, photographs, property dimensions, usage type, and floor details using a mobile application. The information will be cross-verified with satellite imagery and tax records. Notices are being issued to defaulters to recover unpaid taxes. The initiative aims to address a 15% decline in property tax collections and strengthen compliance under the self-assessment scheme, impacting nearly 22 lakh properties in the city.Read more

19 Jan 2026

Bengaluru-based Sumadhura Group plans to invest around INR 6,000 crore to develop six new residential projects in the city, reflecting continued confidence in housing demand, particularly in premium segments. The projects, scheduled for launch during the current quarter, will comprise over 4,000 units including apartments and residential plots. Located across east and north Bengaluru, the developments will span nearly 90 acres and offer a total saleable area of more than 8 million square feet. The company expects to generate around INR 10,000 crore in revenue from these projects. Despite broader market data showing flat quarterly sales in Bengaluru, Sumadhura sees sustained end-user demand. Over the past three decades, the group has delivered 56 projects covering more than 17 million square feet across multiple real estate verticals.Read more

18 Jan 2026

The Karnataka High Court has upheld the BDA's land acquisition in Banashankari VI Stage, dismissing challenges from landowners who claimed unfair treatment and argued that the scheme had lapsed. The court noted that public hearings were conducted, objections were addressed, and statutory procedures were followed. Out of 750 acres, the BDA developed 580 acres into 5,991 sites, allotting 4,983. The judgment emphasizes the necessity of acquisitions for urban development, affirms the legality of the process, and highlights the balance between public interest and individual landowner rights.Read more

17 Jan 2026

Kempegowda International Airport (KIA) in Bengaluru is preparing for significant international expansion in 2026 following strong performance in 2025. Passenger traffic reached 43.82 million, up from 40.73 million in 2024, while international departures rose from 38 to 51 daily flights, a 28.7 percent increase. The airport added five domestic and five international routes, expanded airline services, and saw cargo volumes grow 5 percent to 520,985 metric tonnes. New cargo terminals and logistics facilities support trade in perishables, pharmaceuticals, electronics, auto parts, and e-commerce. The expansion aims to strengthen Bengaluru's position as a global aviation hub.Read more

17 Jan 2026

Sattva Group has strengthened its premium housing presence in Bengaluru with the launch of Sattva Aaranya, a new residential project on the fast-growing Mysore Road corridor in West Bengaluru. Located next to Jnanabharathi Metro Station on the Purple Line and close to the Bengaluru-Mysuru Expressway, the project offers strong connectivity across the city and beyond. Overlooking the expansive Bangalore University campus, it brings rare green views to urban living. Spread across six acres, the development features 480 spacious 3 and 4 BHK homes designed for light, ventilation and long-term comfort. Nature-led planning, landscaped spaces and lifestyle amenities further enhance everyday living.Read more

16 Jan 2026

The Bangalore Development Authority (BDA) carried out a major demolition drive in Saraipalya, Thanisandra, removing over 60 structures including homes, godowns and garages. The authority said the action targeted unauthorised buildings on notified BDA land linked to the Arkavathi Layout project, claiming the land was acquired years ago and the constructions lacked valid approvals. The operation has triggered strong reactions from residents, many of whom say they hold e-Khata certificates, tax receipts and utility connections. The demolitions have caused distress and displacement, prompting calls for temporary relief and clarity on land records. The incident highlights ongoing challenges around urban growth, land ownership disputes and regulatory enforcement in rapidly expanding Bengaluru.Read more

16 Jan 2026

Sumadhura Group is set to expand its luxury housing footprint in Bengaluru with the launch of six new residential projects this financial year, targeting revenue of nearly INR 10,000 crore. Spread across key growth corridors such as Whitefield, Panathur, Marathahalli,Thubarahalli, Rachenahalli and Devanahalli, the developments will offer over 4,000 premium apartments and 400+ plotted units across 90 acres. Three projects have already received RERA approvals, featuring resort-style amenities, distinctive architecture and lake-facing homes. The remaining launches are also planned within the year. With nearly three decades of experience and a strong development pipeline, Sumadhura continues to strengthen its presence in Bengaluru's premium residential market.Read more