B-Khata to A-Khata Conversion: A Game Changer for Property Owners
Deputy Chief Minister D.K. Shivakumar recently launched an online system enabling property owners in Bengaluru to convert their B-Khata properties to A-Khata. This initiative aims to benefit approximately 15 lakh property owners and is set to commence on November 1, 2025, running for 100 days. Properties under 2,000 sqm can apply online with a ₹500 fee and a 5% charge of the property’s guidance value. Even properties lacking occupancy or completion certificates are eligible, though multi-storey buildings are excluded. This move is expected to simplify approvals and facilitate easier bank loans for citizens.
Bengaluru’s Housing Market Sees a 21% Surge in Q3 2025
Bengaluru’s housing market experienced a significant uptick in the July–September 2025 quarter, with sales rising by 21% year-on-year, totaling 16,840 units sold. This growth is attributed to factors such as increased demand from IT professionals, favorable infrastructure developments, and a growing population of genuine homebuyers. The city’s real estate market continues to demonstrate resilience and attractiveness to investors.
Record-Breaking Property Deal on Lavelle Road
A firm backed by entrepreneur Ranjan Pai has set a new benchmark in Bengaluru’s luxury real estate market by purchasing a prime bungalow at 50 Lavelle Road for ₹166 crore. This transaction marks the highest-priced property deal ever recorded in central Bengaluru, both in total cost and on a per square foot basis. The sale reflects the growing demand and escalating prices in the city’s upscale residential sector.
Global Capability Centres Drive Commercial Leasing Demand
Global Capability Centres (GCCs) are projected to significantly influence India’s office real estate sector by leasing 50-55 million square feet of Grade A office space during FY2026-FY2027, accounting for 38-40% of the total leasing demand across the top six office markets in India. This surge in leasing activity highlights the growing prominence of GCCs in driving the commercial real estate market.