Bearys Group announces grand launch of 'Bearys Turning Point' mall in Deralakatte, Mangalore
Mangalore: The Bearys Group has officially announced the grand launch of its much-awaited mixed-use development project, 'Bearys Turning Point', in Deralakatte, Mangalore. The announcement was made at a press conference held in the city, where Nand Kumar (Retail Head, Bearys Group), Bapu Nainar (PRO), Kodi Mohammed Iqbal, and Prafulla (Assistant Marketing) shared details about the landmark project.
The new development promises to redefine urban living and leisure in one of Mangalore’s fastest-growing areas. According to the officials, Bearys Turning Point is envisioned as a comprehensive destination combining premium apartments, diverse retail outlets, and a vibrant family entertainment experience under one roof.
At the heart of the project is a state-of-the-art Family Entertainment Centre (FEC) that includes a modern 4-screen multiplex, a well-designed multi-cuisine food court with premium dining ambience, and a range of attractions. The entertainment zone features interactive games, a four-lane bowling alley, the region’s largest indoor climbing wall, bumper cars, indoor cricket, and a dedicated play area for children.
The design of the entertainment space integrates the multiplex, FEC, and food court into one seamless layout, with high ceilings and expansive glazing that offer a blend of indoor and outdoor experiences. The space is further enhanced by panoramic views of the surrounding hills, which shift in appearance from day to night, creating two distinct visual atmospheres.
The name 'Bearys Turning Point' ,the team explained, reflects both its physical location at a turning on the main road and its symbolic meaning — representing progress, transformation, and new beginnings for the region.
The project also holds added significance due to its location in the constituency of U.T. Khader, Speaker of the Karnataka Legislative Assembly. The Bearys Group stated that the mall aligns with Khader's vision of transforming Mangalore constituency into a world-class city, and the group is proud to play its part in contributing to this larger dream.
Though initially scheduled to open in 2020, the project was delayed due to the COVID-19 pandemic. Now, with work nearing completion, the Bearys Group is ready to welcome the public for the grand launch on Saturday, April 26, 2025, at 4:30 PM at Bearys Turning Point, Deralakatte.
On opening day, the mall will host free games for all visitors at its gaming hub. The retail complex will house more than 45 shops, and the next phase will see the opening of a sprawling hypermarket along with flagship outlets of leading global retail brands. The Mall also has separate prayer rooms for men and women inside the premises.
The management noted that over 25,000 students who reside and study in the Deralakatte education hub, along with residents of nearby areas including from neighbouring Kerala, will benefit from the mall's presence.
The mall will remain open until 11 PM daily, with the last screening at the multiplex beginning at 10:45 PM. The Bearys Group has extended an open invitation to the public, and all well-wishers to be part of this milestone event.
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Karnataka offers extensive incentives in its proposed IT policy
Bengaluru (PTI): Karnataka has proposed a new Information Technology Policy for 2025–2030, offering extensive financial and non-financial incentives aimed at accelerating investments, strengthening innovation and expanding the state's tech footprint beyond Bengaluru.
The Karnataka Cabinet gave its nod to the policy 2025–2030 with an outlay of Rs 445.50 crore on Thursday after the Finance Department accorded its approval.
The policy introduces 16 incentives across five enabler categories, nine of which are entirely new, with a distinctive push to support companies setting up or expanding in emerging cities.
Alongside financial support, the government is also offering labour-law relaxations, round-the-clock operational permissions and industry-ready human capital programmes to make Karnataka a globally competitive 'AI-native' destination.
According to the policy, units located outside Bengaluru will gain access to a wide suite of benefits, including research and development and IP creation incentives, internship reimbursements, talent relocation support and recruitment assistance.
The benefits also include EPF reimbursement, faculty development support, rental assistance, certification subsidies, electricity tariff rebates, property tax reimbursement, telecom infrastructure support, and assistance for events and conferences.
Bengaluru Urban will receive a focused set of six research and development and talent-oriented incentives, while Indian Global Capability Centres (GCCs) operating in the state will be brought under the incentive net.
Incentive caps and eligibility thresholds have been raised, and the policy prioritises growth-focused investments for both new and expanding units.
Beyond incentives, the government focuses on infrastructure and innovation interventions.
A flagship proposal in the policy is the creation of Techniverse -- integrated, technology-enabled enclaves developed through a public-private partnership model inside future Global Innovation Districts.
These campuses will offer plug-and-play facilities, artificial intelligence and machine learning and cybersecurity labs, advanced testbeds, experience centres, and disaster-resistant command centres.
There will also be a Statewide Digital Hub Grid and a Global Test Bed Infrastructure Network, linking public and private research and development, and innovation facilities across Karnataka.
The government has proposed a Women Global Tech Missions Fellowship for 1,000 mid-career women technologists, an IT Talent Return Programme to absorb experienced professionals returning from abroad, and broad-based skill and faculty development reimbursements.
Shared corporate transport routes in Bengaluru and tier-two cities will be designed with Bengaluru Metropolitan Transport Corporation and other transport entities to support worker mobility.
The government said the policy is the outcome of an extensive research and consultation process involving TCS, Infosys, Wipro, IBM, HCL, Tech Mahindra, Cognizant, HP, Google, Accenture and NASSCOM, along with sector experts and stakeholder groups.
It estimates an outlay of Rs 967.12 crore over five years, comprising Rs 754.62 crore for incentives and Rs 212.50 crore for interventions such as Techniverse campuses, digital grid development, global outreach missions and talent programmes.
