After a lull of over 15 years, The much debated Arkavathy layout civil works have begun and hope that it will be completed as scheduled. Good News to all those who have lost their sites: The Government has decided to develop 3000 sites in Nadaprabhu Kempegowda Layout for those who have lost their sites in … Continue reading ARKAVATHY LAYOUT – CIVIL WORKS BEGINS
PRR-READY The most ambitious 65-km Peripheral Ring Road (PRR) was announced by the government in 2005 is finally out of the box and the state and the central government will now execute the project through a Special Purpose Vehicle (SPV). The ministry of road transport and highways (MoRTH) has assured the state of investing 50% in … Continue reading PERIPHERAL RING ROAD PROJECT CONNECTING BANGALORE WILL BE READY WITHIN FEW YEARS
Sl. No. Description of Services GST Rate 1. Transport of goods by rail 5% with ITC of input services 2. Transport of passengers by rail (other than sleeper class) 5% with ITC of input services 3. Services of goods transport agency (GTA) in relation to transportation of goods [other than used household goods for personal … Continue reading GST Rate of Tax on Services
PROPERTY PRICE RISE AND GST AFTER 1-7-2017 Earlier-There was VAT and alternatively Composite Tax and Service Tax on the construction industry NOW BOTH ROLLED INTO ONE-CALLED GST Under GST the Service tax is 12%. It has been learnt that customers willing to buy a nearly-completed house/flat will have to pay 12 per cent service tax … Continue reading GST AND THE PROPERTY PRICE AFTER 1-7-2017
The BBMP has notified 127 ward committees, the hearing in the High Court was scheduled tomorrow, it is just a day before the High Court hearing on the matter. It is alleged by a group that NONE OF THE COMMON MAN (CITIZENS) HAVE BEEN SELECTED AS THE WARD MEMBERS.
The Government of Karnataka was deliberating and discussing the important issues and points of RERA, which had been notified by the Center and other states, but, will be notifying it soon without much MODIFICATION/CHANGE/ALTERATION. This notification has very significant effect on the REAL ESTATE market and will bring about transparency and stability in the business. The … Continue reading RERA NOTIFICATION IN KARNATAKA AND THE IMPLEMENTATION OF GST AND ITS EFFECTS ON THE REALTY SECTOR IN KARNATAKA
The opposition parties demanded a discussion on the alleged illegalities and encroachment by DLF in Bangalore South and sent a request to the Speaker, which was rejected and the opposition raised the issue in the legislative assembly and was promised that their submission will be looked into. It is further alleged that one powerful politician … Continue reading DLF-HULIMAVU-BEGUR-BANGALORE SOUTH – ROCKS THE ASSEMBLY – SPEAKER REFUSES PERMISSION FOR THE DISCUSSION
Intel, on Wednesday, announced a ₹1,100 crore investment to set up a new design house in Bengaluru and will be located at Intel’s 44-acre campus on Sarjapur Ring Road (SRR). With approximately 620,000 sq.ft. space, including lab capacity, the new building with specialised infrastructure will be used for design and verification purposes. “This additional capacity … Continue reading INTEL IS INVESTING RS.1,100 CRORE IN KARNATAKA
COMPLAINTS LODGED WITH ACMC COURT, DC BANGALORE, ANTI CORRUPTION BUREAU, BMTF AND SPECIAL COURT AGAINST THE BUILDER- ಬಿಜೆಪಿ ನಗರ ಜಿಲ್ಲಾ ಘಟಕ ವಕ್ತಾರ ರಮೇಶ್ ಆರೋಪ ಡಿಎಲ್ಎಫ್ನಿಂದ ಭೂಕಬಳಿಕೆ ‘19 ಎಕರೆ 37 ಗುಂಟೆ ಎಕರೆ ಸರ್ಕಾರಿ ಜಮೀನನ್ನು ಕಾನೂನು ಬಾಹಿರವಾಗಿ ಭೂಪರಿವರ್ತನೆ ಮಾಡಿಸಲು ಕೆ.ಕಿರಣ್ ಮತ್ತು ಎಚ್.ಆರ್.ರವಿಚಂದ್ರ ಎಂಬುವರು ಕಂಪೆನಿಗೆ ನೆರವಾಗಿದ್ದಾರೆ’... ಬೆಂಗಳೂರು: ‘ಬೆಂಗಳೂರು ದಕ್ಷಿಣ ತಾಲ್ಲೂಕು ಬೇಗೂರಿನಲ್ಲಿನ 33 ಎಕರೆ 37 ಗುಂಟೆ ಸರ್ಕಾರಿ ಜಮೀನನ್ನು ಅಕ್ರಮವಾಗಿ … Continue reading A NEWS REPORT ON ALLEGED VIOLATION AND ENCROACHMENT- KANNADA PRAJAVANI NEWS PAPER- ‘ಸಂಸ್ಥೆಯ ಅಕ್ರಮದ ವಿರುದ್ಧ ಭೂ ಕಬಳಿಕೆ ನಿಗ್ರಹ ವಿಶೇಷ ನ್ಯಾಯಾಲಯ, ಎಸಿಎಂಎಂ ನ್ಯಾಯಾಲಯ, ಬೆಂಗಳೂರು ನಗರ ಜಿಲ್ಲಾಧಿಕಾರಿ, ಬೆಂಗಳೂರು ಮಹಾನಗರ ಕಾರ್ಯಪಡೆ, ಭ್ರಷ್ಟಾಚಾರ ನಿಗ್ರಹ ದಳಕ್ಕೆ ದೂರು ನೀಡಿದ್ದೇನೆ’ ಎಂದರು.
Even before the onset of Monsoon, Bangalore received a good spell of rains, but the BBMP as usual was not prepared and the citizens suffered. But, as a responsible citizen, cannot blame the system or the BBMP alone. Illegal construction, blockage of drains, construction in the low lying areas are the main reasons for the … Continue reading Rainy Season and the problems of low lying areas and illegal layouts-Water Pollution and Noise Pollution
G Vidyasagar, the chairman of Karnataka Lake Development Authority ((KLCDA), has been transferred and promoted as head of the Karnataka Forest Development Corporation. The transfer came at a time when the National Green Tribunal censured the state for the gross mishandling of the Bellandur and Varthur Lakes. Rumors abuzz that the decision came two days … Continue reading KLCDA CHIEF TRANSFERRED BY KARNATAKA GOVERNMENT
As layoffs in the IT sector make international headlines, tech titan NR Narayana Murthy said that jobs of junior executives can be protected if bosses take pay cuts. "I have a feeling that it is possible for us to protect the jobs of youngsters if the senior management people were to make some minor adjustments … Continue reading JOB CUTS IN IT SECTOR AND NRN`s MOST INVALUABLE SUGGESTION AND ADVICE TO SENIORS- A NEWS REPORT