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The real estate sector in Bangalore has grown to a large extent in the past one year. In the year ahead, the city's realty is expected to grow by 25 per cent, estimates the Karnataka Chapter of the Consortium of Real Estate Developers' Associations of India (CREDAI). more...
Property Stamp duty at 5%
Home buyers, struggling to keep pace with high interest rates and input costs, can breathe a little easy with this budget. The stamp duty has been reduced from 6% to 5% on sale deeds. The registration charge of 1%, however, remains. more...
Even as the Metro rail chugs on its way up the popularity chart in Bangalore, the government has approved the second phase of ‘Namma Metro’. The 72-km Phase II of Metro will come up at an estimated Rs 27,000 crore, and is expected to be completed by 2017. more...
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