SBI Term Loan: RLLR: 8.15 | 7.25% - 8.45%
Canara Bank: RLLR: 8 | 7.15% - 10%
ICICI Bank: RLLR: -- | 8.5% - 9.65%
Punjab & Sind Bank: RLLR: 7.3 | 7.3% - 10.7%
Bank of Baroda: RLLR: 7.9 | 7.2% - 8.95%
Federal Bank: RLLR: -- | 8.75% - 10%
IndusInd Bank: RLLR: -- | 7.5% - 9.75%
Bank of Maharashtra: RLLR: 8.05 | 7.1% - 9.15%
Yes Bank: RLLR: -- | 7.4% - 10.54%
Karur Vysya Bank: RLLR: 8.8 | 8.5% - 10.65%

Location : Mangalore

Mangaluru civic body intensifies drive to improve property tax recovery

03 Mar 2026

Mangaluru City Corporation (MCC) has stepped up efforts to improve property tax collection by launching a focused recovery drive across all 60 wards. The initiative targets pending dues and aims to widen the tax base through a ward-level property survey. Officials confirmed that property tax under the Self-Assessment Scheme has been increased by 3% for the current financial year in line with government norms. With over 2.20 lakh properties under its jurisdiction, the civic body is urging owners to clear arrears promptly to support city infrastructure and essential services.Read more

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Mangaluru civic body steps up drive to remove illegal buildings

20 Jan 2026

The Mangaluru City Corporation (MCC) has intensified actions against illegal constructions across the city to enforce urban planning rules. A recent demolition targeted an unauthorised house in Alape village that violated approved building plans and misused ground-floor parking space. The operation involved multiple civic departments and was carried out under MCC Commissioner Ravichandra Naik. Officials said similar drives will continue, although some building owners have challenged orders in court. Past operations show the city's consistent efforts to curb unauthorised constructions and maintain compliance for planned urban development and public safety.Read more

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Mangaluru civic body launches detailed property survey to strengthen tax revenue

08 Jan 2026

Mangaluru City Corporation (MCC) has launched a comprehensive ward-wise property survey to improve property tax records and increase revenue collection. The survey started with an initial phase covering three wards and is planned for all 60 city wards. With records showing 2,22,256 properties and around 90,000 yet to be verified, the survey aims to identify unassessed buildings, new constructions, and unregistered units. Revenue officials have prepared the process with discussions on inspection methods and data collection tools to ensure accurate and reliable property information.Read more

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Grojet rolls out Last-Mile Logistics with 24/7 Hyperlocal Pickup and Delivery 24/7 hyperlocal delivery service in Mangalore

19 Dec 2025

Grojet has launched Grojet Express in Mangalore, introducing a 24/7 hyperlocal pickup and drop service aimed at meeting rising demand for continuous last-mile logistics. The service operates across the city without time restrictions and caters to both consumers and businesses. Built on Grojet's existing technology platform, it offers real-time tracking, city-wide coverage, and dedicated customer support. The move marks Grojet's expansion beyond grocery delivery into on-demand logistics, addressing gaps in urgent and time-sensitive urban deliveries.Read more

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New Mangalore Port Authority to develop satellite port at Pavinakurve in Karnataka

18 Dec 2025

The New Mangalore Port Authority (NMPA) has decided to develop a satellite port at Pavinakurve on Karnataka's Uttara Kannada coast, after previous attempts by the Karnataka Maritime Board to attract private investment failed. The port, located near the Sharavathi and Badagani rivers, is planned to handle 14 million tonnes of cargo initially, with future expansion potential to 37.4 million tonnes by 2050. The authority will conduct feasibility studies before moving forward. The project aims to improve regional maritime trade and strengthen Karnataka's port infrastructure.Read more

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Centre approves INR 65 crore jetty and cruise terminal at Old Mangalore Port

15 Dec 2025

The Government of India has approved a INR 65 crore project to develop a jetty and cruise terminal at Old Mangalore Port under the Sagarmala programme. The initiative aims to strengthen coastal connectivity and improve passenger and freight movement between the mainland and Lakshadweep. Strategically located along key Arabian Sea routes, the facility will support cruise vessels and ferry services linking Karnataka, Kerala and island destinations. The terminal will include passenger handling infrastructure and basic port services. The project is expected to boost cruise tourism, enhance maritime infrastructure, create local employment and support economic activity across coastal and island regions.Read more

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Mangaluru Smart City re-invites bids for INR 200 cr integrated bus terminal

11 Oct 2025

Mangaluru Smart City Limited (MSCL) has reopened the process to invite bids for an integrated bus terminal at Pumpwell Junction, a project initially estimated at INR 495 crore. Previous attempts to attract developers failed, mainly due to the high cost of a proposed underpass connecting the terminal to NH-66. The terminal will feature inter-city, intra-city, and intra-state bus services along with parking, commercial spaces, F&B units, and other passenger amenities. MSCL is revising costs and project scope to encourage bids and ensure feasible development.Read more

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Mangaluru focuses on urban upgrades with INR 886 crore budget and smart city projects

06 May 2025

Mangaluru City Corporation has proposed a INR 886.3 crore budget for FY2025-26, prioritizing drainage, water supply, and road infrastructure. With INR 741.2 crore expected in revenue and INR 500 crore in state and central grants, the city aims to advance key urban projects. Under the Smart Cities Mission, initiatives like the Integrated Command and Control Centre and smart roads are improving efficiency. The New Mangalore Port Authority is expanding capacity, while the Mangaluru-Madgaon Vande Bharat Express boosts regional connectivity. The upcoming Mangala Corniche riverfront project promises to enhance tourism and urban aesthetics, reinforcing Mangaluru's vision for sustainable and inclusive development.Read more

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Mangaluru City Corporation sets new deadline for bulk waste generators to comply with composting rules

PNT Reporter

20 Dec 2024

Mangaluru City Corporation (MCC) has set a new deadline for bulk waste generators, including large apartments, complexes, and businesses, to comply with waste management rules. By January 15, 2025, these entities must set up on-site composting units to process wet waste and produce fertiliser. This directive applies to establishments generating over 100kg of waste daily, with penalties for non-compliance. Despite the city having over 2,500 bulk waste generators, many have yet to implement the required composting systems. The public can obtain further details on compliance from the MCC website or through email.Read more

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Mangaluru City Corporation to review newly proposed building regulations

PNT Reporter

02 Dec 2024

The Mangaluru City Corporation (MCC) is preparing to implement a new building bylaw designed to enforce strict penalties for violations and support sustainable development. After submitting a draft to the government, it was returned for additional revisions. The updated bylaw will be reviewed at the MCC council meeting on November 28. A dedicated committee has worked on the draft, which includes measures to address construction violations in both residential and commercial buildings, with guidelines for builders. The urban development department has instructed MCC to amend the draft further before resubmitting it for approval.Read more

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Mangaluru: Nagarashraya Samiti to determine beneficiaries for PMAY in Idya village

06 Nov 2024

The Nagarashraya Samiti for Mangaluru City North is moving forward with finalising the beneficiary list for houses to be built under the Pradhan Mantri Awas Yojana (PMAY) in Idya village. To prioritise those genuinely interested in the program, the Samiti will remove individuals who have not paid their instalments or submitted the necessary documentation. MCC Commissioner Anand CL has urged those affected to complete their requirements by November 30 at the Urban Poverty Alleviation Cell. Essential documents include application copies, caste and income certificates, voter ID, Aadhaar cards, and payment proof, with failure to comply resulting in the loss of their beneficiary status.Read more

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Mangaluru City Corporation to launch 3D drone survey for city development

17 Jul 2024

The Mangaluru City Corporation (MCC) plans to conduct a 3D Digital Twin Drone Survey and will appoint a consultant to oversee it. This survey aims to aid city development, build a detailed database, generate revenue, and also provide other services. The GIS-based decision support system will enhance basic facilities, ease residents' lives, and boost revenue while improving transparency and disaster management. The survey will also create a web-based 3D reality mesh model for property tax collection, flood monitoring, and land use management. The MCC finance committee is reviewing the proposal before the next council meeting and will commence the survey soon.Read more

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Mangaluru City Corporation to identify 30,000 properties for inclusion in tax net

28 Sep 2023

The Mangaluru City Corporation (MCC) is launching an ambitious campaign to bring approximately 30,000 properties into the property tax net, as it has been revealed that 15% of the city's properties have not been contributing to taxes. The MCC will conduct a comprehensive door-to-door survey to identify these non-compliant properties and gather essential documents for taxation. This initiative aims to bolster the city's revenue and ensure all properties are accounted for in the tax system. The MCC's proactive approach promises to set a precedent for efficient governance and financial sustainability, with the survey set to begin this week.Read more

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Dakshina Kannada's upcoming IT Park progresses with RFP announcement

13 Sep 2023

Minister Dinesh Gundu Rao has announced that the Request for Proposal (RFP) for a new IT park in Derebail, Dakshina Kannada, will be unveiled within the next two months. This ambitious project, set to be executed under a public-private-partnership (PPP) model on a three-acre plot owned by KEONICS, has received government approval. There are considerations to extend the contract period for the park's developer from 30 to 60 years. Furthermore, revisions to zonal regulations for the Mangaluru Master Plan are underway. Dredging activities at the Old Port and construction of a jetty for country boats at Ullal Kodi are also in the works, along with subsidies for fishermen upgrading their boat engines.Read more

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Mangaluru Urban Development Authority updates council on revised master plan

04 Sep 2023

The Mangaluru Urban Development Authority (Muda) has revealed that the draft of the revised master plan for Mangaluru city is expected to be completed within three months. This update was shared during a council meeting held by the Mangaluru City Corporation (MCC). The MCC Commissioner stressed the importance of transparency and collaboration, urging Muda officials to engage with corporators to ensure diverse perspectives are considered in the master plan. The meeting also addressed issues related to water scarcity and property assessments. It marked the conclusion of the current mayor's term and set the stage for upcoming mayoral elections.Read more

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Mangaluru zonal commissioners authorized to grant building licenses

24 Aug 2023

Streamlined process enables citizens to secure building permits for residences and small commercial properties under 500 sqm in Mangaluru without MCC office visits. Zonal commissioners will decide on applications using assistant town planning officers' reports, within 15 days, via Nirman 2 online software. Joint commissioner oversight ensures efficacy. Around 150 monthly applications are anticipated. Previously, only the MCC commissioner handled applications exceeding 250 sqm. Public notice by MCC commissioner Anand CL cites system flaws and inconvenience as reasons for the change.Read more

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Mangaluru City Police call on landlords for thorough tenant background checks

29 Jun 2023

DCP (crime and traffic) BP Dinesh Kumar has urged landlords in Mangaluru to conduct thorough background checks on prospective tenants. The Mangaluru City police have organized public grievance redressal meetings to address community concerns and implement initiatives, including the goal of eliminating drug-related issues from the city. The police have assured confidentiality for informants and emphasized the importance of public involvement in promoting social responsibility.Read more

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