Mangaluru: The In-Land Group on Thursday inaugurated a 19-day property fair in Mangaluru in a formal event held at In-Land Ornate Complex here.

The ‘Property Mela’ was inaugurated by founder and managing director of Daijiworld Media Pvt Ltd, Walter Nandalike. The unique property expo will be held from August 8 to August 26 at third floor, In-Land Ornate Complex, near Navabharath Circle in the city.

Addressing the gathering after inaugurating the expo, Nandalike lauded the efforts of Siraj Ahmed and Meraj Yusuf of In-Land Group while adding that despite the market being down, the duo knows how to successfully sail through recession periods.

“During the 2008 recession, In-Land Group constructed ‘Windsors’ building a landmark that played a key role in the development of Mangaluru. Whenever the market is down, the In-Land Builders raised to the occasion and come up with creative ideas to success” Nandalike said.

Deputy General Manager and Regional Head of Corporation Bank, Jaganatha Shetty and Marketing head of Udayavani, Ramachandra Mijar also spoke at the event and wished good luck to the property expo.

Meraj Yusuf, Director of In-Land Group during his address spoke about the Expo organised by the Group last year and said “Last year too we had organised a similar Expo and it had received great response from the people. Those who had dreams of owning home in the city had come to us and were benefited through the Expo. The second edition of the Expo is being organised at a time when the market is witnessing an all-time low, there cannot be any better time for people to invest in real-estate and apartments”.

Suddi Bidugade’s Mohammed, In-Land Builders and Developers’ Marketing Manager Ullas Kadri were also present at the event.

Prathima welcomed the guests to the event, Alisha presented vote of thanks while Sunil compered the event.

The 19-day property Expo will also provide guidance for those interested in investing in real estate or buying apartments and flats. The fair that was inaugurated on Thursday will continue till August 26. For more queries the organisers can be contacted on 9880138015/9972089099/9972014055.

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Bengaluru (PTI): The Karnataka government has approved the establishment of a CoE for AI in Biotechnology at IBAB in Electronics City (Phase 1), here.

The decision, taken by the state Cabinet on Thursday night, marks a significant step towards strengthening Karnataka’s leadership in emerging technologies, IT and biotechnology, Karnataka Minister Priyank Kharge said on Friday.

The centre will be established over four years with a total outlay of Rs 20 crore, in partnership with the Institute of Bioinformatics and Applied Biotechnology and the Centre for Cellular and Molecular Platforms (C-CAMP), according to a statement from the minister’s office.

"Karnataka has consistently been at the forefront of technological innovation. As we enter the decade of deep tech, our focus is on building future-ready capabilities at the intersection of artificial intelligence and biotechnology," Minister for IT and Biotechnology said.

"This Centre of Excellence will strengthen our research ecosystem, accelerate innovation and enable Karnataka to lead in high-impact next-generation technologies," he added.

Priyank added that the state government, through the Departments of Electronics, IT, Biotechnology, and Science & Technology, is actively investing in emerging technologies and taking steps to strengthen Karnataka’s AI and deep-tech ecosystem.

The minister said the Cabinet has also approved the transfer of a 51 per cent stake in the Karnataka Technology & Innovation Museum Foundation (KTIMF) to the Unboxing BLR Foundation.

KTIMF was established by the Government of Karnataka as a not-for-profit organisation to promote innovation, technological awareness, startup culture and public engagement in science and technology, aligned with the state’s vision of building a robust innovation ecosystem, he said.

The Technology & Innovation Museum will be developed at the NGEF campus in Baiyappanahalli, Bengaluru, under a Public-Private Partnership (PPP) model, with a total project cost of Rs 100 crore. Of this, Rs 49 crore will be contributed by the state government and Rs 51 crore by the private partner, he said.