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Karnataka Implements 100% Property Registration Fee Hike to Address Revenue Shortfall

Karnataka government doubles property registration fees from 1% to 2% starting August 31, 2025, to address ₹3,500 crore revenue shortfall and strengthen regulatory oversight.

By Admin

  • 31st Aug 2025
  • 1197 Views
ExxonMobil Secures 5.3 Lakh Sq Ft Bengaluru Office Space in ₹150 Crore Five-Year Deal

ExxonMobil renews its 5.3 lakh sq ft Bengaluru office lease for ₹2.60 crore monthly, signaling continued commitment to India's tech hub. The five-year deal at Embassy Manyata Business Park reflects strong confidence in India's commercial real estate market.

By Admin

  • 13th Jul 2025
  • 1249 Views
Embassy REIT May Acquire Whitefield Project in ₹3,200–₹3,700 Cr Deal

Embassy Group is planning to sell a ₹3,700 Cr commercial project in Whitefield, Bengaluru, to Embassy REIT. The 3.3 million sq. ft. asset sale supports EDL’s FY25 recovery and portfolio monetization strategy.

By Admin

  • 3rd Jun 2025
  • 1217 Views
Century Real Estate Secures ₹1,850 Cr to Fuel ₹14,000 Cr GDV Ambitions in Bengaluru

Century Real Estate has raised ₹1,850 crore from Ares Asia and SC Lowy to drive its ₹14,000 crore GDV target over five years. The funds will support new launches and expand premium residential and commercial projects across Bengaluru.

By Admin

  • 24th May 2025
  • 1268 Views
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