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The Inspector General of Stamps and Registration has notified the draft guidance value on October 7 and has given 15 days' time for the public to file objections, if any.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 15,2025

Mangaluru, Dec 15: Educational institutions in Mangaluru that rely on the popular Mangala Stadium for their annual sports events are bracing for an inconvenience as the city's key sporting venue is set to close its gates for a significant upgrade. The stadium is expected to be unavailable for approximately two months starting from January 15, 2026.

The closure is necessitated by a proposed overhaul of the stadium's facilities, with a special focus on upgrading the synthetic track. Pradeep Dsouza, Assistant Director of the District of Youth Empowerment and Sports (DYES), Dakshina Kannada, confirmed the development.

"Experts have visited the stadium, conducted a thorough inspection, and have given the go-ahead for a complete makeover," Dsouza stated. "Funds have been allocated for the project, and we are currently awaiting the final green signal from state officials to commence the work. We anticipate that the work will likely begin in the second week of January. Consequently, we have stopped renting out the stadium to colleges and other organizations in preparation for the upgrade."

The timing presents a logistical challenge for colleges, as many schools have already concluded their sports meets.

"Colleges will now be organizing their events and will need to find alternative locations to host their sports meets," Dsouza added. He suggested a few potential venues, including the Dakshina Kannada police ground, University College grounds, Panambur grounds, Swaraj Maidan in Moodbidri, and the Mangalore University sports grounds in Konaje.

However, many institutions note that finding a comparable venue will be difficult. While the DK police ground and University College grounds are closer to the city center, they do not possess the extensive facilities and infrastructure offered by Mangala Stadium.

Dr. P Dayananda Pai - P Satisha Govt First Grade College, Carstreet, is one such institution dependent on the stadium. Principal Jayakar Bhandary expressed hope for a swift completion of the work. "We expect the work to be completed at the earliest. If not, we will be forced to look for other venues to host the sports day for our students," Bhandary said, highlighting the pressing need for the city's main sporting facility.

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coastaldigest.com news network
December 2,2025

karkala.jpg

Udupi, Dec 2: A wave of regional pride is sweeping through Udupi district as Shagun S Verma Hegde, a talented Class 9 student from Christ King English Medium High School, Karkala, has been named the captain of the Indian National Team for the Under-15 Girls’ Volleyball Championship.

Shagun holds the unique distinction of being the sole player from Karnataka selected to represent the country in the prestigious international tournament. The championship, organized by the School Games Federation, is scheduled to take place in Shangluo, China, from December 3 to 13, where Shagun will lead the national squad.

A Remarkable Journey to the Top

Shagun’s selection is a testament to her dedication and exceptional skill on the court. Her journey included several rigorous rounds of selection:

•    She was the only player from Udupi district to qualify for the state-level selection camp.

•    Out of eight players from Karnataka who advanced to the national selection camp in Pune, Maharashtra, Shagun was the only one to secure a place in the final national squad.

•    The national camp saw participation from approximately 200 players, which was shortlisted to 23. Shagun not only made the final cut but was also ranked as the second-best player overall, solidifying her leadership role.

Shagun, who is the daughter of Sandesh Verma and Shruthiraj of Kallotte, Karkala, has trained under experienced coaches Santosh D’Souza, Jeevan D’Silva, Jairaj Poojary, and Ramesh. Her selection as the team captain has brought profound honour to her family, school, the Udupi district, and the entire state of Karnataka.

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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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