Bengaluru

Union Finance Minister Nirmala Sitharaman addressed an IIT Madras dialogue in Bengaluru, making announcements on India's economic growth, technology development and support for startups. The finance ministry's press bureau released details of her remarks, which focused on policy measures aimed at strengthening the innovation ecosystem and sustaining India's growth momentum.

More than 800 public objections have pushed the Greater Bengaluru Authority to reopen its draft parking rules for a fresh review. The objections, filed during the public consultation period, prompted officials to re-examine provisions on parking fees, allocations and restrictions across the city. Residents and civic groups had criticised aspects of the draft, and the authority will now revise the rules before moving forward.

Residents of Bengaluru are calling for an environmental impact assessment of the proposed Hebbal tunnel project before it moves forward. The demand, reported by Deccan Herald, reflects concern that the large infrastructure work could affect the ecologically sensitive Hebbal lake area and surrounding neighbourhoods, and citizens want environmental safeguards studied ahead of construction.

Bengaluru's housing market is said to be entering a new phase of growth and adjustment, according to a report by BW Businessworld. The city, one of India's major property markets, has seen shifting conditions in its residential sector, with analysts weighing continued demand against price corrections and changing buyer expectations. Details of the specific trends driving this new phase remain limited in the coverage available.