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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coastaldigest.com news network
February 5,2026

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Mangaluru: The KSRTC Mangaluru division has rolled back the fare hike on buses operating on the Mangaluru–Kasaragod route following the suspension of toll collection at the Arikkady toll plaza near Kumbala in Kasaragod district.

The fare revision had been implemented after the National Highways Authority of India (NHAI) began toll collection at the Arikkady plaza on NH-66. As a result, fares for ordinary and Rajahamsa services were increased by ₹7 and ₹10, respectively, raising the bus fare from Mangaluru to Kasaragod from ₹81 to ₹88.

Senior Divisional Controller of KSRTC’s Mangaluru division, Rajesh Shetty, said the fares were reduced after toll collection at the Arikkady plaza was stopped. “The tollgate began operations on January 13, and the toll amount was deducted from the FASTag accounts of KSRTC buses operating on the route. Following an order from the central government to suspend toll collection, KSRTC has also withdrawn the additional fare with immediate effect,” he said.

At present, vehicles travelling on the Mangaluru–Kasaragod route pay toll only at the Talapady toll plaza. The toll for light motor vehicles (LMVs) at Talapady is ₹80 for a same-day return, while heavy vehicles, including buses, are charged ₹250. At Arikkady, the toll rates were ₹130 for LMVs (same-day return) and ₹450 for buses.

Protests against Arikkady toll plaza

The Arikkady toll plaza witnessed widespread protests from January 12, the day toll collection commenced. On the second day, an action committee led by Manjeshwar MLA A K M Ashraf launched an indefinite protest at the site. Except for the BJP, leaders and workers of most major political parties participated in the agitation.

On the night of January 14, a large number of protesters gathered at the plaza and vandalised property, following which authorities temporarily suspended toll operations. The BJP later also expressed opposition to the toll plaza and criticised NHAI’s decision. 

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News Network
February 4,2026

Mangaluru: Urban local bodies and gram panchayats should make the use of Kannada on signboards mandatory while issuing trade licences to commercial establishments, Dakshina Kannada Deputy Commissioner Darshan HV said. He also called for regular inspections to ensure compliance.

Presiding over the District Kannada Awareness Committee meeting at the deputy commissioner’s office, Darshan said the city corporation would be directed to ensure that shops operating in malls prominently display their names in Kannada. “All commercial establishments, including shops, companies, offices and hotels, must mandatorily display their names in Kannada on signboards,” he said.

The deputy commissioner added that the National Highways Authority of India (NHAI) would be instructed to include Kannada on signboards along national highways. Banks, he said, would be directed through committee meetings to provide application forms in Kannada.

“Even if English-medium schools and colleges impart education in English, their signboards must display the institution’s name in Kannada. Steps will also be taken to ensure that private buses display place names in Kannada,” Darshan said.

During the meeting, committee members raised concerns over the closure of Kannada-medium schools in rural areas due to a shortage of teachers and stressed the need for immediate corrective measures. They also pointed out that several industries employ workers from other states while overlooking local candidates.

Members further demanded that nationalised banks provide deposit and withdrawal slips in Kannada. It was brought to the deputy commissioner’s notice that the presence of staff without knowledge of Kannada in rural branches of nationalised banks is causing hardship to local customers.

Meanwhile, MP Srinath, president of the District Kannada Sahitya Parishat, urged the district administration to allot land for the construction of a district Kannada Bhavana in Mangaluru.

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