CREDAI convention: CM urges real estate developers to plan housing projects for poor

[email protected] (CD Network, Photos by Suresh Vamanjoor)
August 25, 2012

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Mangalore, August 25: The government is willing to cooperate and encourage real estate developers if they come forward with housing projects for the poor and the lower middle class, said Jagadish Shettar, Chief Minister of Karnataka.

Speaking after inaugurating 'StateCon 2012' conference of CREDAI (Confederation of Real Estate Developers Association of India), Karnataka, at TMA Pai Auditorium in Mangalore on Saturday, Mr. Shettar said that reducing the number of slums in the state and providing homes for the poor is one among the many priorities of the state government. Organisations like CREDAI must work in the direction of building homes for the poor and the lower middle class and the state government is ready to extend help if such proposals are brought before it by real estate developers, Mr. Shettar said.

Stating that although real estate sector is the second largest employment generating sector in the country, Mr. Shettar said that environment conservation must also be of paramount importance to real estate developers.

The state government has earmarked 19, 065 crore for infrastructure development in the state, the Chief Minister said. Initiatives in PPP investments have been taken by the government whole-heartedly wherein 12 PPP projects are currently in operation and 21 others would see implementation, Mr. Shettar said. Development of roads, creation and expansion of minor airports, doubling of railway lines etc are also being given importance, he said, adding that the government also has plans of introducing the Karnataka Infrastructure Bill to improve the state's infrastructure and address issues concerning it.

Area Balakrishna Hegde, member of national executive committee of CREDAI and Sushil Mantri, State President, CREDAI, placed before the Chief Minister demands of a single window clearance system to ease out the process of sanction approvals which is now taking place in the form of about 170 permissions through 40 departments. The government takes about 3 years to grant approvals and hence it should work towards speeding up the process as delay in approvals results in hike of prices for inputs, the CREDAI representatives demanded. They also placed before the CM a demand to relax taxation norms for real estate developers as they are currently being made to pay VAT, service tax, as well as stamp duty. The government must confine tax payment from real estate developers to mere stamp duty, they demanded.

Suresh Kumar, Minister for Karnaraka Urban Development, said that the government will consider the single window clearance system and relaxation of taxes. The government aims at providing more houses to people at affordable prices at accessible distances, the Minister said, assuring full cooperation from his side in the initiatives of CREDAI in this regard. Chief Minister Jagadish Shettar also invited representatives to a meeting to be convened soon to discuss the single window clearance and tax relaxation issues besides others.

N Yogish Bhat, Deputy Speaker of Legislative Assembly, J Krishna Palemar, MLA, Gulzar Banu, Mayor, Nalin Kumar Kateel, MP, Ganesh Karnik, MLC, PMA Razzaq, President, CREDAI, Mangalore, K C Naik, founder secretary and former president of CREDAI, were present among others.

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News Network
February 4,2026

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An Indian resident who won the Dh20 million (approximately Rs 50 crore) jackpot in Abu Dhabi's Big Ticket draw has told of his joy at sharing his life-changing fortune with a friend.

Shanthanu Shettigar, a shop manager in Muscat, regularly buys tickets for the monthly grand prize draw with one of his closest friends – and the pair won on February 3.

Mr Shettigar, 33, who is from Udyavar in Udupi district of the southern state of Karnataka and has lived in the Omani capital for eight years, said he was left speechless after learning of his success.

“When I first moved to Muscat, many of my colleagues were purchasing Big Ticket, which encouraged me to give it a try,” he said.

“I started buying tickets on my own, and later began sharing tickets with a close friend. The ticket that brought me this win was one we purchased together.”

“Like most people, I receive a lot of spam calls, and I was fully absorbed in my work as well. I knew the live draw was taking place tonight, but I never imagined my name would be announced,” he said.

“When I realised it was real and that I had won, I was honestly speechless. It still hasn’t fully sunk in, but I’m extremely happy.”

Mr Shettigar is not sure how he will spend his share of the money, but encouraged others to take part.

“This win was completely unexpected, so I want to take some time to think things through before deciding what to do next,” he said.

“I would definitely encourage others to participate with Big Ticket, whether with family or friends – you never know when your moment might come.”

The Big Ticket was established in 1992 with an initial first prize of Dh1 million. It is one of the most popular monthly raffles in the UAE.

It has transformed the lives of many people across the Emirates and beyond.

Entry to the Big Ticket Millionaire is Dh500. Tickets can be bought online or at counters at Zayed International Airport and Al Ain Airport.

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News Network
February 3,2026

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Dakshina Kannada MP Capt Brijesh Chowta has urged the Centre to give high priority to offshore wind energy generation along the Mangaluru coast, citing its strategic importance to India’s green energy and port-led development goals.

Raising the issue in the Lok Sabha under Rule 377, Chowta said studies by the National Institute of Oceanography have identified the Mangaluru coastline as part of India’s promising offshore wind ‘Zone-2’, covering nearly 6,490 sq km. He noted that the region’s relatively low exposure to cyclones and earthquakes makes it suitable for long-term offshore wind projects and called for its development as a dedicated offshore wind energy zone.

Highlighting the role of New Mangalore Port, Chowta said its modern infrastructure, multiple berths and heavy cargo-handling capacity position it well as a logistics hub for transporting and assembling large wind energy equipment.

He also pointed to the presence of major industrial units such as MRPL, OMPL, UPCL and the Mangaluru SEZ, which could serve as direct buyers of green power through power purchase agreements, improving project viability and speeding up execution.

With Karnataka’s peak power demand crossing 18,000 MW in early 2025, Chowta stressed the need to diversify renewable energy sources. He added that offshore wind projects in the Arabian Sea are strategically safer compared to the cyclone-prone Bay of Bengal.

Calling the project vital to India’s target of 500 GW of renewable energy by 2030, Chowta urged the Ministry of New and Renewable Energy to initiate resource assessments, pilot projects and stakeholder consultations at the earliest.

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News Network
February 5,2026

Bengaluru: As air quality continues to worsen across several parts of the city, hospitals in Bengaluru are reporting a steady rise in patients suffering from respiratory illnesses such as asthma, bronchitis and Chronic Obstructive Pulmonary Disease (COPD), health officials and doctors said.

Data from the Suvarna Arogya Suraksha Trust (SAST) shows that 3,891 patients received treatment for respiratory ailments between April and November 2024. The figure rose to 4,187 during the same period in 2025.

Private hospitals, too, are witnessing a 10–15 per cent year-on-year increase in such cases.

While doctors caution that the rise cannot be attributed solely to air pollution, a significant number of patients are non-smokers with no prior history of respiratory disease.

“Nearly 70 per cent of the patients we see are non-smokers with no previous respiratory issues. When other causes are ruled out, air pollution emerges as the most likely factor,” said Dr Manjunath PH, consultant interventional pulmonologist at a hospital in Kengeri.

Doctors noted that patient footfall spikes during the winter months and around Deepavali, when air quality typically worsens.

“There is a clear correlation between poor air quality and the rise in cases. People commonly present with persistent cough, breathlessness and irritation of the respiratory tract, indicating the impact of polluted air on their health,” said Dr Sheetal Chaurasia, consultant in pulmonary medicine at a private hospital in Whitefield.

Dr Chaurasia added that respiratory tract infections are also on the rise.

“Poor air quality leads to chronic airway inflammation, making the airways more vulnerable to infections. We are seeing an increase in both upper and lower respiratory tract infections,” she said.

Patients with pre-existing respiratory conditions remain the worst affected.

“For those already diagnosed with respiratory illnesses, deteriorating air quality significantly worsens the condition. Both the frequency and severity of attacks increase sharply,” said Dr Vandana P, a pulmonologist at a hospital on Bannerghatta Road.

Doctors also flagged a worrying trend of rising respiratory problems among younger adults and children.

To reduce exposure, they advised people to wear masks while travelling on two-wheelers or autos and ensure adequate ventilation at home to minimise indoor air pollution.

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