Property prices set to rise in Karnataka as govt. hikes guidance value

October 16, 2014

Bangalore, Oct 16: Property prices may go up with the State government proposing an upward revision in the guidance value of immovable properties in Bangalore.

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The Inspector General of Stamps and Registration has notified the draft guidance value on October 7 and has given 15 days' time for the public to file objections, if any. The details of the revised guidance value has been hosted on its website https://www.karnataka. gov.in/karigr.

As per the proposed revision, the guidance value of the properties will see a hike between the range of 15 per cent and 26 per cent when compared to last year. This excludes revision in the rates of guidance value of various types of buildings.
The guidance value of converted (diverted) land with due approvals from the BBMP and the BDA on MG Road has been increased from Rs 15,200 per sq ft to Rs 17,000 per sq ft.

On Dickenson Road, between MG Road and Ulsoor, the guidance value has been increased from Rs 11,500 per sq ft to Rs 12,100 per sq ft and between Ulsoor to Kamaraj Road the rates have been revised from Rs 9,200 per sq ft to
Rs 10,000 per sq ft.

On Infantry Road, from Ali Askar Road to Central Avenue Building, the guidance value has been increased from 14,000 per sq ft to 14,700 per sq ft. On Lavelle Road, the rates have been increased from Rs 12,800 per sq ft to 13,500 per sq ft. In Jayanagar third block, from Ashoka Pillar to Madhavan Park, the guidance value has been hiked from Rs 8,000 per sq ft to Rs 10,500 per sq ft.

From Madhavan Park to South End Circle, the rate has been revised from Rs 8,000 per sq ft to Rs 10,500 per sq ft. On 9th main road in Jayanagar, the rates have been increased from Rs 12,000 per sq ft to Rs 14,400. In Jayanagar 4th Block, on 9th and 10th main roads, rates have been revised from Rs 13,000 per sq ft to Rs 16,300 per sq ft.

At Gandhi Bazaar in Basavanagudi, the value has been increased from Rs 8,000 per sq ft to Rs 9,200 per sq ft.

The government has also revised the rates for the sale of different types of buildings, which will add up to the revised guidance value.

The new guidance value of the ground floor of RCC buildings has been increased from Rs 1,300 per sq ft to Rs 1,600 per sq ft. The building value has been increased from Rs 80 per sq ft to Rs 300 per sq ft based on the type of material used in the structure.

The government has, however, not revised guidance value for apartments in the City.

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News Network
December 2,2025

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Bengaluru: 'Nati koli saaru' (country chicken curry) considered one of Chief Minister Siddaramaiah’s favourites along with steaming hot idlis was on the breakfast menu at Deputy CM D K Shivakumar’s residence on Tuesday, according to official sources.

The spread also included 'nati koli' fry, vada and pongal, among other items, they said.

In an apparent show of unity, Siddaramaiah visited Shivakumar’s residence for breakfast, just days after the two leaders shared a meal amid a simmering power tussle in the state Congress.

Siddaramaiah drove to the Deputy CM’s residence in Sadashivanagar, where he was received by Shivakumar and his brother D K Suresh, who is a former Congress MP.

Suresh and Kunigal MLA H D Ranganath, a relative of Shivakumar, joined them for breakfast, which featured a mix of vegetarian and non-vegetarian dishes.

Speaking to reporters later, Siddaramaiah said Shivakumar had invited him during his visit to the CM’s residence for breakfast on Saturday.

Asked about the difference between the two meals, the chief minister said, "At his (Shivakumar’s) house it was non-veg, while at my house it was veg. He is a vegetarian, I am a non-vegetarian. I had not prepared non-veg. I told DK to get chicken from the village as you won’t get the original in Bengaluru."

Shivakumar said he had initially invited Siddaramaiah to his residence, but the CM had suggested visiting his place first and reciprocating later. "It was a vegetarian breakfast at the CM’s house on Saturday," he noted.

"Today, I invited him (the CM) to my house. He enjoyed the breakfast, which had his Mysuru taste," Shivakumar added. At this point, Siddaramaiah remarked that Shivakumar’s wife is also from Mysuru.

Saturday’s breakfast at Siddaramaiah’s official residence, held as part of efforts by the Congress high command to ease tensions in the leadership dispute between the two, reportedly included idlis and sambar, according to official sources.

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News Network
December 1,2025

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Udupi, Dec 1: A horrific case of alleged rape has unfolded in Udupi, where a worker from a Hindutva organisation, previously arrested and released on bail for harassing a young woman, is now accused of waylaying and sexually assaulting her.

The arrested individual has been identified as Pradeep Poojary (26), a member of the Hindu Jagarana Vedike's Nairkode unit in Perdur.

Poojary had allegedly been relentlessly harassing the young woman, pressuring her to marry him. When she bravely stood up to him and refused his demands, she filed a formal complaint at the Hiriyadka police station. He was subsequently arrested in that initial harassment case but was later granted bail.

According to police reports, driven by the same malicious grudge, Poojary allegedly intercepted the woman again on November 29. While she was walking through a deserted area, the accused is claimed to have threatened her by grabbing her neck. When she again refused to marry him, he allegedly proceeded to rape her.

The survivor immediately informed her family about the traumatic assault. Following this, her parents lodged a complaint at the Udupi women’s police station.

Police arrested Poojary again and produced him before the court. He has since been remanded to judicial custody.

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News Network
December 2,2025

Mangaluru, Dec 2: Mangaluru International Airport responded to a medical emergency late on Monday night. Air India Express flight IX 522, travelling from Riyadh to Thiruvananthapuram, was diverted to Mangaluru Airport after a passenger in his late 30s experienced a medical emergency on board.

The Airport’s Operations Control Centre received an alert regarding the passenger’s health condition. The airport activated its emergency response protocol, mobilising the airport medical team and coordinating with stakeholders including CISF, immigration, and customs. 

Upon landing, airport medical personnel attended to the passenger, assessed his condition, and arranged to shift him to a local tertiary-care hospital for further treatment. The passenger’s relatives accompanied the passenger, who incidentally received necessary medical care on board, which helped stabilise the situation.

Following the handling of the emergency, the flight departed for Thiruvananthapuram at 2:05 am on Tuesday.

"We appreciate the cooperation of all parties involved, and this incident reaffirms our ongoing commitment to prioritising passenger safety and readiness to respond to unforeseen emergencies with professionalism and care," the Airport spokesperson said. 

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