+
Mysuru Property Transactions Worth Rs 10 Billion Stalled
Real Estate

Mysuru Property Transactions Worth Rs 10 Billion Stalled

Mysuru has seen property transactions worth Rs 10 billion (bn) stall after faults in the municipal e-Khata digital record system disrupted the issuance of essential ownership documents. The disruption affected conveyance and transfer processes, leaving buyers and sellers unable to complete scheduled registrations. Real estate agents reported that pending clearances and electronic certificates could not be generated, causing uncertainty for those engaged in ongoing deals. The stalled activity has also delayed the formal update of municipal records.

The inability to obtain e-Khata certification has created practical hurdles for mortgage approvals and legal conveyancing, as lenders and registration offices require validated ownership documentation before disbursing funds or accepting sale deeds. Conveyancers and property consultants advised clients to withhold settlement until the registry issues can be confirmed, while developers have put planned handovers on hold in several cases. The paralysis in routine transactions has affected market confidence and introduced friction into an otherwise steady local property market.

Municipal officials have acknowledged technical difficulties with the e-Khata platform and are collaborating with information technology providers to restore full functionality, prioritising limited corrective measures to clear backlogs. Legal practitioners recommended that stakeholders retain all analogue proofs and transaction receipts to establish continuity of title once systems return online. Observers noted that such interruptions expose reliance on single digital gateways for critical civic services and underscored the need for robust contingency protocols.

The cumulative value of affected deals underscores the economic significance of the disruption and may prompt calls for accelerated digital resilience in municipal systems. Until services are fully restored, some buyers are likely to defer acquisitions and lenders may adopt a cautious approach to new approvals, prolonging the slowdown. The situation emphasises the importance of clear communication from civic authorities and prompt technical remediation to limit further disruption to property markets in Mysuru.

Mysuru has seen property transactions worth Rs 10 billion (bn) stall after faults in the municipal e-Khata digital record system disrupted the issuance of essential ownership documents. The disruption affected conveyance and transfer processes, leaving buyers and sellers unable to complete scheduled registrations. Real estate agents reported that pending clearances and electronic certificates could not be generated, causing uncertainty for those engaged in ongoing deals. The stalled activity has also delayed the formal update of municipal records. The inability to obtain e-Khata certification has created practical hurdles for mortgage approvals and legal conveyancing, as lenders and registration offices require validated ownership documentation before disbursing funds or accepting sale deeds. Conveyancers and property consultants advised clients to withhold settlement until the registry issues can be confirmed, while developers have put planned handovers on hold in several cases. The paralysis in routine transactions has affected market confidence and introduced friction into an otherwise steady local property market. Municipal officials have acknowledged technical difficulties with the e-Khata platform and are collaborating with information technology providers to restore full functionality, prioritising limited corrective measures to clear backlogs. Legal practitioners recommended that stakeholders retain all analogue proofs and transaction receipts to establish continuity of title once systems return online. Observers noted that such interruptions expose reliance on single digital gateways for critical civic services and underscored the need for robust contingency protocols. The cumulative value of affected deals underscores the economic significance of the disruption and may prompt calls for accelerated digital resilience in municipal systems. Until services are fully restored, some buyers are likely to defer acquisitions and lenders may adopt a cautious approach to new approvals, prolonging the slowdown. The situation emphasises the importance of clear communication from civic authorities and prompt technical remediation to limit further disruption to property markets in Mysuru.

Next Story
Building Material

Seppa Township Road Being Paved With Bituminous Concrete

Work is underway to pave the main township road in Seppa with bituminous concrete, marking a significant upgrade to the local transport network. The project is being overseen by the district administration and carried out by municipal contractors using mechanised laying equipment. The initiative aims to replace older surface material that had become potholed and dusty, and to improve all weather access for residents and public services. Local officials have coordinated traffic diversions and site safety measures to minimise disruption during construction. The work includes preparing the base, ..

Next Story
Infrastructure Transport

Tribal Hohos Urge CM To Approve Foothills Road Phase Two

13 Dimapur-based tribal Hohos have urged the Chief Minister to ensure the issuance of the second phase work order for the Foothills Road project on or before 31 March 2026, warning that failure to meet the deadline would compel them to resort to democratic means. The bodies expressed appreciation for government support towards the project, known as the Nagaland People's Road, while stressing that remaining formalities must not be delayed. They described the project as a people-driven initiative of high public value. The Foothills Road project covers a stretch of 395.9 kilometres from Tizit in ..

Next Story
Infrastructure Transport

India Approves First Underwater Road-Rail Tunnel Project

The Indian government has approved the country's first underwater road-rail tunnel project, marking a major step in urban and coastal infrastructure development. The decision signals a shift towards integrated transport corridors that combine road and rail modes to enhance connectivity and resilience. Authorities characterised the approval as a milestone for engineering ambition and national connectivity planning. The move reflects rising investment in large scale infrastructure to support urbanisation and coastal commerce. France has positioned India as a top priority market and is targeting ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Open In App