₹59 lakh for BDA plot!

 Dr. Shivaram Karanta Barangay: Proposal to Government for Tariff Implementation

 ₹59 lakh for BDA plot!

 Kere Manjunath ಕೆರೆ ಮಂಜುನಾಥ್

Bangalore: Dr. The Bengaluru Development Authority, which has fixed the rates of plots in Shivaram Karanta Barangay, is awaiting the government's approval for its implementation.

 A proposal has been submitted to the government to fix ₹4,900 per square foot for all plots measuring 30x40 feet and beyond in Shivaram Karanta Barangay. It is proposed to fix a rate of ₹3,850 for 20x30 feet plots to benefit the economically backward.

 There are 34,000 plots in the settlement, out of which almost half of the plots are to be reserved for farmers. Thus, the BDA has decided to fix the rates for Shivaram Karant Barangay plots higher than the previous barangays in order to cover the cost of development and sought the government's approval. The rate is lower than the market rate around the barangay," said senior BDA officials.

 Plots were being allotted in Nadaprabhu Kempegowda Barangay since 2016 and were fixed at ₹2,200 to ₹2,400 per square foot. BDA has decided to capitalize on the demand for Shivram Karanta Barangay near Kempegowda International Airport and the proposed Peripheral Ring Road (PRR).

 Under the leadership of the Supreme Court Committee, Shivaram Karanta Barangay is being developed and has expanded in 17 villages. So far about 30 thousand plots have been developed and about 25 thousand plots have been numbered. The Supreme Court committee members and Deputy Chief Minister said that the process of allotment of plots will start in September itself. However, so far that process has not been started.

• 34,000 total plots in Shivram karanta barangay
•  The proposed rate is ₹4,900 per sq.ft
•  ₹ 58.9 lakh for a 30x40 feet plot

 Rate of flats increased by 3% to 8%

 The flat rates of the seven projects built by BDA and available for sale will increase by 3% to 8% in the near future.

 Deputy Chief Minister D.K. In the meeting held with Shivakumar, there was a discussion about increasing the notified rate of flats in the wake of the increase in the guideline rate. DCM also suggested to take a clear decision in this regard.

 BDA housing department engineers have prepared a proposal to increase the rates of flats, which will be submitted to the board meeting of the authority after obtaining the approval of the BDA commissioner. There the notified rate will come into force after approval.

 The rate of flats will be re-fixed as per the guideline rate and the rate of flats in Nagarabhavi will increase by 8%. In the blink of an eye, the price of flats will increase by at least 3%. BDA officials said that the flat of the remaining projects will increase by 3% to 8%.

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ಬೆಂಗಳೂರು: ಬಿಡಿಎ ನಿವೇಶನಕ್ಕೆ ಇನ್ನು ಮುಂದೆ ₹59 ಲಕ್ಷ!