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Latest RE News : Bangalore & other major Cities of Karnataka

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  • Re : Latest RE News : Bangalore & other major Cities of Karnataka

    Anjanapura residents fume over Bengaluru development body's failure to fix potholed road

    The 6.8km stretch links Bannerghatta Road and Kanakapura Road and is the only road for the 3,000-odd residents of Anjanapura to reach the two highways. File photo

    BENGALURU: Potholes, slushy stretches and pavements turned into garbage dumps... Double Road in Anjanapura, southeast Bengaluru, is an apology for a street. Residents are upset Bangalore Development Authority (BDA) that carved out their layout has failed to maintain the road, which is a lifeline for them.

    The 6.8km stretch links Bannerghatta Road and Kanakapura Road and is the only road for the 3,000-odd residents of Anjanapura to reach the two highways. The residents will stage a protest on the road at 10am on Saturday under the aegis of Changemakers of Kanakapura Road Association (CMKRA), a federation of resident welfare associations.

    The protest comes in the backdrop of BDA’s shoddy attempt on Thursday to address Anjanapura’s woes. Residents are particularly miffed with the way the authority’s chairman, SR Vishwanath, held a meeting. “There are 30 RWAs in areas abutting Double Road. None of them was informed about the meeting chaired by the BDA chairman. Whom did they meet?” wondered Abdul Aleem, president, CMKRA.

    Residents claim during the pandemic, there were several examples of ambulances failing to reach patients’ doorsteps because of the road condition. “My family members had tested positive. My mother had to be admitted to hospital. But the ambulance driver declined to come till our home, citing the horrible road,” said Ramesh (name changed), a resident of Anjanapura. He finally took his mother in his car till the ambulance, which waited some distance away.

    Even cab drivers and food delivery agents are hesitant to use this road, point out residents. Mohammed Imran, a food delivery executive riding a scooter on Double Road, told TOI: “We dislike taking orders from residents of this stretch because there is hardly any road to ride on. There are so many potholes that we don’t know where we may end up falling.”

    A cab driver, Manjunath K, said often cabbies cancel pick- ups from this location. “We lose out on incentives but don’t want to risk our vehicles getting damaged,” he added.

    The horrible state of the road has forced many people to sell their property and relocate. S Ram, former resident of Anjanapura, sold his property recently as there was no scope of infrastructure improvement in the locality. “We bought the property 20 years ago and built a home but nothing improved. We could hardly get out of home because of the poor roads in the layout. Also, there is no proper water supply,” rued Ram.

    Sreepathy Belurjana, secretary and resident of Royal Residency Layout, said local representatives have never paid heed to their demands. “The road belongs to BDA as per the plan, but its representatives are never present at the ward panel meetings to hear us out,” he added.

    After the Twitter handle of CMRKA raised the issue, Vishwanath held a closed-door meeting with some RWAs. But CMKRA was not in the loop. “We have sanctioned Rs 25 crore for asphalting the stretch and other work,” Vishwanath said, adding: “Another Rs 40 crore will be set aside for fixing JP Nagar 8th and 9th Block roads.”









    Anjanapura residents fume over Bengaluru development body's failure to fix potholed road, Real Estate News, ET RealEstate (indiatimes.com)
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    • Re : Latest RE News : Bangalore & other major Cities of Karnataka

      Karnataka government's proposal to cut guidance value lifts mood in property market

      Last week, revenue minister R Ashoka said that the government was considering revising the guidance value by December and that any decrease would be implemented across Karnataka, barring industrial zones and areas along highways.
      BENGALURU: Discussions in the state government about reducing the guidance value of properties have heartened developers and would-be homebuyers, providing further momentum to the real estate sector that’s showing signs of recovery after the second wave of Covid-19.

      Last week, revenue minister R Ashoka said that the government was considering revising the guidance value by December and that any decrease would be implemented across Karnataka, barring industrial zones and areas along highways.

      Guidance value is the minimum selling price of a property. The government fixes it based on the locality and type of structure. A downward revision will bring down property prices.

      As per the norms, the government is supposed to revise the value every year. In January 2019, it announced a hike in the range of 5 to 24 per cent. “The guidance value could not be revised in 2020 because of the pandemic. As the government wants to take it up this year, we have initiated the process,” said KP Mohanraj, inspector general of registration and commissioner of stamps.

      There have long been demands to cut the rates, which are very high in some areas and inflate property prices. For instance, the guidance value of a property on MG Road is more than Rs 1.9 lakh per square metre. On Lavelle Road, it is Rs 2 lakh per square metre.

      Representatives of the real estate sector said that because of the Covid-linked slowdown, certain properties were being undervalued and sold. “While we welcome the government’s plans to decrease the guidance value, we hope it will consider the ground reality before finalising the rates,” said Suresh Hari, chairman of CREDAI-Bengaluru. He added that property sales had reached 30 per cent of the pre-Covid level.

      There will be a knock-on effect on property tax if the guidance value is reduced. “The news has added to the positive mood, especially after the recent property tax muddle caused by BBMP’s flawed zonal classification. The government should also consider slashing stamp duty on registration of properties across price bands,” said MS Shankar, the general secretary of the Forum for People’s Collective Efforts.

      Revenue booster

      Lower guidance value is expected to increase the number of property registrations, which, in turn, will push the government’s revenue up. In August, more than 2.1 lakh documents were registered, fetching revenue of Rs 1,142 crore as against Rs 969 crore (1.7 lakh documents) in 2020 and Rs 911 crore (1.7 lakh documents) in 2019.










      Karnataka government's proposal to cut guidance value lifts mood in property market, Real Estate News, ET RealEstate (indiatimes.com)

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      • Re : Latest RE News : Bangalore & other major Cities of Karnataka

        Over 78,000 property owners in Bengaluru wait for BBMP's penalty waiver

        In February-March, it served system-generated notices to owners on charges of paying tax less than due for four assessment years from 2016-17 to 2019-20.
        BENGALURU: Over 78,000 property owners in Bengaluru are worried as the state government dithers over Bruhat Bengaluru Mahanagara Palike’s proposed permission to waive penalty and interest on property tax wrongfully imposed.

        In February-March, it served system-generated notices to owners on charges of paying tax less than due for four assessment years from 2016-17 to 2019-20.

        Claiming that owners had chosen the wrong zone, the agency imposed twice the difference amount as penalty and 24% interest per annum. The BBMP admitted the notices were wrongfully issued as it hadn’t informed them about zonal reclassification on which new rates were fixed.

        It proposed waiver of penalty and interest components and sent it to the government on August 11.

        “We have sought clarifications. We’ll send the final version to chief minister Basavaraj Bommai who will decide,” said Rakesh Singh, additional chief secretary, urban development department.

        As per the self-assessment scheme designed in 2000, properties are classified under six zones based on guidance value (minimum selling price fixed by the government) of the locality or street and tax rate is fixed accordingly.

        While Zone A attracts the highest rate, Zone F the lowest. If an owner chooses a lower zone wrongly, she has to pay twice the difference amount and interest.

        The rules mandate that BBMP reclassifies zones once in three years based on changed rental value and guidance value. This was last done in 2016-17 but was not communicated to taxpayers.

        While notices have been served to 22,000 property owners, BBMP has collected over Rs 16 crore.

        With owners crying foul, BBMP is mulling over a refund. “The amount can be adjusted with future tax liability if the government agrees,” said M Venkatachalapathy, joint commissioner (revenue), BBMP.

        Rules do not permit it and officials said it may attract audit objections. The issue may figure in the monsoon session of the legislature starting Monday with Congress members ready to raise it in both assembly and council. “The government should explain how it will solve this problem,” said MLC PR Ramesh (Congress).











        Over 78,000 property owners in Bengaluru wait for BBMP's penalty waiver, Real Estate News, ET RealEstate (indiatimes.com)
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        • Re : Latest RE News : Bangalore & other major Cities of Karnataka

          Sale of imported sand from Malaysia to resume from next month in Karnataka

          However, the State Government had to do a lot to get the deal finalised. MSIL wanted to sell 50-kg bag sand for Rs 200. But many builders in the city prefer M-sand for construction activities.


          BY: Noor Aiman

          BENGALURU: In another push to popularise ‘videshi’ sand, Mysore Sales International Limited (MSIL), the nodal agency, is all set to resume sales from next month.

          This is another bid from MSIL after no demand for ‘videshi’ sand in the state. To tide off the sand crisis and save the river banks, the State Government had taken up an ambitious plan of importing sand from Malaysia in 2018.

          Since then, 1.03 lakh tonnes of sand have been imported. However, there seems to be an unsteady demand as MSIL has been able to sell only 14,759 tonnes of sand so far.

          In fact, the imports have stopped since February 2020 where 89,000 tonnes of sand imported from Malaysia is lying at Krishnapatnam port in Andhra Pradesh.

          The decision to import sand was taken in 2017 to save the river banks where rampant sand mining was happening (it continues illegally even today), thereby threatening the existence of rivers. Initially, it was planned to import three lakh tonnes of sand every year.

          A notification was issued in 2017 when to sell the imported sand in plastic bags. However, the order was revised on October 24, 2019 when it was decided to scrap the sale of sand via plastic bags.

          Currently, the department of mines and geology of Andhra Pradesh has permitted transportation of sand via road to Karnataka. As per the agreement, MSIL has to pay Rs 60 as royalty per tonne of sand. The imported sand from Malaysia will reach the stockyard in Whitefield.

          MSIL plans to resume the sale of sand from October. Every month, around 15,000 tonnes of sand is likely to be transported. Each tonne of sand costs Rs 2,750 (excluding GST). The MSIL is hopeful of selling 89,000 tonnes of sand by March 31 next year.

          Sources said that as there was less demand from real estate giants or other builders, imported sand should be used by government agencies (PWD, Water Resources department, BBMP, BMRCL, KRDCL and so on) for their construction works.

          However, the government agencies have not been using it as they claim that they cannot force the contractors to use only the imported sand. However, the public feels that if government agencies can popularise the imported sand, then it can gain traction elsewhere.

          During the initial days, importing sand from Malaysia (M-sand ) had turned out to be a Herculean task as the Malaysian government initially denied permission for a company that was exporting sand.

          However, the State Government had to do a lot to get the deal finalised. MSIL wanted to sell 50-kg bag sand for Rs 200. But many builders in the city prefer M-sand for construction activities.








          msil: Sale of imported sand from Malaysia to resume from next month in Karnataka, Real Estate News, ET RealEstate (indiatimes.com)
          Last edited 4 days ago.
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          • Re : Latest RE News : Bangalore & other major Cities of Karnataka

            To hell with this road

            Bangalore Mirror Bureau / Updated: Sep 13, 2021, 06:00 IST

            During rains the road gets waterlogged and motorists can’t gauge the depth of the puddles, a resident said

            By Noor Aiman

            Plagued with potholes, puddles, incomplete civic works and constantly congested traffic, Bannerghatta Road is easily the commuter’s worst nightmare


            Bannerghatta Road is easily one of the worst roads in the city. It is a significant road, often used by commuters who are heading towards the Bannerghatta Zoo. The road has been in a bad condition for a long time; it is practically plagued with potholes. To make it worse, several developmental projects undertaken by Bengaluru Metro Rail Corporation (BMRCL) and other civic agencies have resulted in the road getting covered with layers of dust, mud and debris. All this has certainly made travelling via this road a challenging task. A resident of Dairy Circle said, “Many vehicles are enduring damages, especially punctured tyres, because of the potholes.

            The pipeline works were completed long back, yet the roads were never fixed. The road from Dairy Circle to Adugodi is worse. It has no dividers. Half of the road is not usable. So the other half is congested with traffic and that results in traffic problems.”

            Siddiqui, a resident of BTM Layout said, “I have seen many accidents take place on this road. People skid and get injured all the time. It is a nightmare, especially on rainy days as the road turns into a pool and the commuters cant gauge the depth of the puddles and potholes.”

            Many vehicles are enduring damages, especially punctured tyres, because of the potholes. The pipeline works were completed long back, yet the roads were never fixed

            – A resident

            Survey of Anjanapura Double Road

            Meanwhile, the residents of Kanakapura Road recently completed a survey to evaluate the condition of Anjanapura Road. Abdul Aleem, President, Changemakers of Kanakapura Road Association, told Bangalore Mirror, “The road is being leveled on one side. However, there is no provision for water outlets and drains. If it rains heavily again, the potholes will reappear for sure as there is no outlet for the water to get drained out. As far as the removal of the bushes are concerned, the work has been completed only a small stretch. Dust has increased dramatically too. BDA must water the road at least twice every day.”







            To hell with this road (indiatimes.com)
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            • Re : Latest RE News : Bangalore & other major Cities of Karnataka

              Three lakh LED streetlights in Bengaluru by December: CM Bommai


              By: PTI | Bengaluru | September 15, 2021 8:35:03 am



              Conceding that the delay in installing LED streetlights in Bengaluru has created “dark spots” in the city, Karnataka Chief Minister Basavaraj Bommai on Tuesday said three lakh such streetlights will be installed by December.

              The Chief Minister, who is also in-charge of Bengaluru City Development, was replying to a question raised by Dasarahalli JD(S) MLA R Manjunath in the state assembly on the delay caused in the project to replace all street lights with energy-efficient LEDs, and the inconvenience caused to people at night due to dysfunctional streetlights.

              The project to replace all streetlights with LEDs was approved in 2019, and the government entrusted this work to BSPL, a consortium of Shapoorji Pallonji, SMC Infrastructure and Samudra Electronics Systems, under a public-private partnership.

              “This issue came up when I reviewed projects relating to Bengaluru after taking over as the Chief Minister. I had clearly said during the review that there is a delay in starting the work, it has to start immediately. They (company) have said the project will be completed in five phases, and it is decided that by December 31, three lakh LED bulbs have to be installed,” Bommai said.

              He said the work has begun in some places, while it is yet to start in a few places due to various reasons.

              As per the project pact, 4.85 lakh street lights in the city’s municipal limits are to be replaced with LEDs in five phases, and the work was to be implemented in 30 months.

              It is said that the project will lead to energy savings of up to 85 per cent.

              Responding to Manjunath’s question as to what action will the government take in case of failure on part of the company, Bommai said, as per the clause of the agreement the Bruhat Bengaluru Mahanagara Palike (BBMP) in case of delay or damage can impose a penalty of Rs 1 lakh per week.

              Senior Congress MLA from BTM Layout Ramalinga Reddy, noting that it is the issue of all the 28 assembly constituencies in Bengaluru, pointed out that for the last three years, constituencies have not received any grants for streetlights citing the global tender for the LED project. “You can ask any MLA from the city.”

              BJP MLAs Ravi Subramanya (Basavanagudi) and Arvind Limbavali (Mahadevapura) seconded Reddy’s statement.
              The Chief Minister, conceding that two years of the project went into approvals and contracts, said “This was not right. This has created several dark spots in all the wards under BBMP limits.”

              “I have asked officials to take up all five phases at once immediately and in case of delay, measures will also be taken to re-examine the contract. I will also issue instructions to the BBMP to do repairs and maintenance of existing streetlights,” he added.








              Three lakh LED streetlights in Bengaluru by December: CM Bommai | Cities News,The Indian Express
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              • Re : Latest RE News : Bangalore & other major Cities of Karnataka

                No flyover on Outer Ring Road will be demolished for Metro work: BMRCL

                Christin Mathew Philip / TNN / Sep 16, 2021, 22:03 IST


                The BMRCL stated that there are five footover-bridges (FOBs) in this corridor. Of this, two FOBs will be affected for now.

                BENGALURU: The Bengaluru Metro Rail Corporation Limited (BMRCL) on Thursday clarified that no flyover on the Outer Ring Road (Central Silk Board - K R Puram) will be demolished.

                The BMRCL stated that there are five footover-bridges (FOBs) in this corridor. Of this, two FOBs will be affected for now.

                "The FOB at the upcoming Bellandur Metro station is infringing at concourse level, which needs to be removed. However, after construction of the Bellandur station it can be used as FOB," said a BMRCL press release.

                "FOB between Ibbalur and Bellandur Metro stations is infringing the viaduct will be relocated on either side of the existing location by about 60-70 meters where sufficient vertical clearances are available", it said.

                "FOB adjacent to the Embassy building which is also infringing with pier location P282 will not be dismantled /relocated as BMRCL is modifying its span to facilitate Metro construction", it said.
                "Another under construction FOB between Ibbalur and Bellandur Metro stations is free from infringement and does not require any relocation or dismantling", it said.

                For the proposed FOB after Kadubeesanahalli Metro Station, BMRCL has sought details from BBMP for clearances required for construction of viaduct.

                BMRCL Chief Public Relations Officer B L Yashavanth Chavan, in a statement said: “It is also clarified that no flyover on the ORR will be demolished, but the Metro construction will be done in the space available between the split flyover locations” he adds.








                No flyover on Outer Ring Road will be demolished for Metro work: BMRCL | Bengaluru News - Times of India (indiatimes.com)
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