Good morning, Bengaluru!
🌫️ Today’s weather: High: 33 ℃ | Low: 17 ℃ | Mist.
🧐 Did you know? K Chengalaraya Reddy was the first Chief Minister of the Mysore State (1947 to 1952).
🎵 Deccan Alternative Music Conference
The Deccan Alternative Music Conference (DAMC) aims to bridge the gap in the Indian independent music industry.
What’s it about? The first edition of the Deccan Alternative Music Conference, spearheaded by Neon Culture’s co-founders Prarthana Sen and Vishruti Bindal, is set to take place in Bengaluru. This event is designed to foster business-to-community conversations within the Indian independent music scene, targeting artists, students, and mid-level professionals aiming to professionalise their craft and navigate the industry’s business aspects.
- DAMC will feature workshops, masterclasses, and networking opportunities led by industry professionals, focusing on artist management, music licensing, and more.
- The conference will highlight eight selected music acts from the Deccan region, emphasising local languages and genres, from Tulu bands to Dakhni rap and Kannada rap.
Local music FTW: Hosted at the Bangalore Creative Circus for day events and Social Indiranagar and The Raft for evening showcases, DAMC promises an immersive experience into the local music scene. With an emphasis on sustainability and intentional networking, the conference seeks to catalyse the growth of the independent music sector in the Deccan region and beyond.
🚕 Namma Yatri expands cab services
Namma Yatri plans to introduce zero-commission cab services in Bengaluru.
What’s it about? Namma Yatri, a Bengaluru-based mobility app, is set to launch its cab services in the city, adopting a zero-commission model similar to its auto-rickshaw services. This move aligns with the Karnataka government’s push for more equitable cab and auto-rickshaw aggregating services, challenging existing aggregators like Ola, Uber, and Rapido.
- Namma Yatri aims to offer a range of transportation modes, including public transport and cabs, catering to customer preferences across various cities.
- Emphasising service provider empowerment, Namma Yatri enables drivers to offer improved services without the burden of commissions, planning a nominal subscription fee model based on demand.
Win-win: As Namma Yatri prepares to match the Karnataka government’s recently revised fixed fare rates for cabs, its innovative approach could redefine the urban mobility landscape in Bengaluru and beyond, prioritising both driver welfare and customer satisfaction.
📹 Safe City Project hits snag
Technical challenges delay Bengaluru’s Safe City Project Phase II.
What’s it about? Bengaluru’s ambitious Safe City Project (SCP), a part of the Nirbhaya scheme aimed at enhancing public safety through AI camera surveillance, is facing delays in its second phase rollout due to technical and infrastructural challenges. Despite the successful completion of its first phase, the project’s progression to fully install 7,500 AI cameras has been hampered by connectivity issues and regulatory changes.
- The transition from aerial to underground cable systems, mandated for safety reasons, has complicated the project’s network infrastructure, leading to potential delays.
- Authorities are considering a “double circuit” model to ensure uninterrupted connectivity.
Urban safety: The SCP’s success in Bengaluru represents a critical step towards leveraging technology for urban safety, and the police force’s efforts to address current hurdles reflect their dedication to the project’s timely completion.
🏢 Real estate JDAs rise
Bengaluru’s real estate market sees a significant land value increase and a surge in Joint Development Agreements.
What’s it about? In the last three years, Bengaluru has experienced a sharp increase in land prices, with values soaring by 20% to 30%. A notable shift towards Joint Development Agreements (JDAs) has been observed.
- Approximately 70% of real estate assets in Bengaluru are now developed through JDAs, offering a mutually beneficial model for landowners and developers.
- The real estate sector’s adaptation to regulatory changes like RERA and GST has led to a preference for JDAs over outright sale transactions, with these agreements providing higher returns and allowing landowners to retain ownership.
Reason for increase: The rise in land prices is attributed to the influx of IT companies and startups, coupled with ongoing infrastructure development, creating a fertile ground for real estate growth.
📊 Today’s Poll
(Only subscribers can participate in the polls)
Have you ever coloured your hair?
- I have coloured my hair.
- I haven’t coloured my hair.
❓ Today’s Question
(Only subscribers can submit their answers)
Which happy moment from your past do you wish to experience again?
Reply to this email with your answers.
🗞️ In other news…
- The K-100 Project was recently inspected by officials in Bengaluru.
- Hookah bars in Karnataka have been banned due to their harmful health effects.
- Over 30 artisans will showcase their crafts at the Project Tarasha and Creative Dignity collab exhibition.
- Underprivileged children receive free education through the efforts of ‘Diya Ghar’.
- 17-year-old Sia Godika won the Breakthrough Junior Challenge 2023 award.
🛋️ Local Lounge
Yesterday’s Poll:
- I have gone pub hopping: 63.6% 🏆
- I’ve never gone pub hopping: 36.4%
That’s it for today. Have a great day!