Others

Bengaluru, Jan. 09: The Chief Commissioner,  Maheshwar Rao, has instructed the officials to carry out eviction operations against illegal encroachments in lakes falling under the limits of the Bengaluru South City Corporation. Addressing a meeting held to review various matters related to the Bengaluru South City Corporation, he informed that there are a total of 59 lakes within the limits of the South City Corporation. Out of these, survey and marking work has been completed in 43 lakes, and notices have already been issued for eviction in 21 lakes. Therefore, he directed the officials to initiate immediate action to clear the encroachments. Identify and Remove Encroachments on Government Land:He instructed that illegal encroachments on government land must be identified and remo...

Bengaluru: Mar. 25: Climate Action Cell (CAC) at BBMP is inviting applications for the Internship Program under the Bengaluru Climate Action Cell, said CAC Chief Mrs. Preeti Gehlot. This program offers students and young professionals with post-graduation an opportunity to support climate action initiatives within BBMP. The CAC will engage 10 interns for a tenure of 2 to 6 months, working on various climate-related projects at ward level. Interns will receive a stipend of ₹20,000 per month. They will be expected to work within BBMP’s jurisdiction and must have strong English and Kannada language skills. Key Dates: 01. Application Deadline: 16th April 2025 02. Internship Commencement: 02nd May 2025 How to Apply: Interested candidates may apply only online at https...

Relatively older buildings (>10 years) of about 300-350 mn sq ft need major overhaul, presenting around INR 360 bn retrofitting potential Relatively newer buildings (≤10 years) of about 95-110 mn sq ft need minimal capex, presenting INR 20-30 bn E-upgrade potential E-upgrade of existing buildings results in 3-4X net cashflow benefit for developers over remaining asset life Upcoming Grade A office supply of about 160-190 mn sq ft in next three years likely to incorporate sustainable elements from Day-1 Bangalore, 10th January 2024: With growing adoption of sustainable elements led by multitude of tangible as well as intangible benefits, existing environmentally non-compliant office stock offers an opportunity to be either E-upgraded or retrofitted. The Colliers' report,...