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    BENGALURU WATER UPDATE

    The worrying changes in India’s monsoon patterns have implications for everything from agriculture to health

    Take Maharashtra, 80% of which is rainfed. In areas such as Vidarbha and Marathwada, the onset of monsoon is now late. After a small pickup in July, there is a break in rainfall in August, lasting up to three-four weeks during the fruit formation phase. The wet spell starts again in September and continues well into October, when it should be dry. This isn't limited to Maharashtra. Several critical areas considered the breadbasket of India—Bihar, West Bengal and Uttar Pradesh—are witnessing the same pattern.

    Budget 2024 HRA Exemption: Will Bengaluru, Hyderabad, other non-metro cities be included in 50% HRA tax exemption list?

    Budget 2024 HRA Exemption: Many employers offer an HRA as part of their employees' compensation. If an employee receiving HRA is paying rent for their accommodation, they can claim a tax exemption on the HRA. Currently, a rented house in Delhi, Mumbai, Kolkata, and Chennai qualifies for a 50% exemption from HRA, while those located in other places come under the 40% bracket.

    Bengaluru traffic update: Waterlogging in many areas after rains. Check roads to avoid

    'Bengaluru rains' trended on social media with netizens sharing photos and videos. Traffic was slow due to waterlogging at Marathahalli. The IMD forecasted cloudy skies with rain and thundershowers, bringing relief from high temperatures, which netizens loved. IMD predicted widespread rainfall and thunderstorms in the region.

    Bengaluru Airport faces water leakage amid heavy rainfall, disrupts operations of 17 flights

    Heavy rain led to water leakage at Kempegowda International Airport's Terminal 2 in Bengaluru, causing inconvenience to passengers. Several flights, including domestic and international, were diverted due to the heavy rainfall. The airport authorities responded promptly to mitigate the impact and restore normal operations.

    Here's how Bengaluru's water crisis has affected real estate sales as per Knight Frank report

    Housing sales in Bengaluru have slightly decreased by 2% to 13,133 units compared to 13,390 units last year, mainly due to reduced sales in the affordable housing category. The office space demand in the IT city remained steady at 3.5 million square feet, according to a report by Knight Frank. Sales in the less than ₹50 lakh housing segment dropped by almost 65% to 70%, while sales in the ₹50 lakh-₹1 crore segment dipped by 7%. However, sales of houses in the more than ₹1 crore segment increased by almost 50%.

    Many Bengaluru residents consider leaving city as water crisis hits daily life

    Bengaluru faces a severe water crisis as groundwater sources deplete due to deficient rainfall. The city's infrastructure struggles to meet demand, highlighting the urgency for sustainable water management strategies.

    The Economic Times
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