Wednesday, September 05, 2007

Massive housing in Bangalore

Hindu reports on the mass housing plan by HDK

Bangalore: A month before it is scheduled to hand over power to its coalition partner, the H.D. Kumaraswamy-led coalition government is launching a massive housing project through five mega housing residential layouts spread over 15,000 acres of land around Bangalore.

A meeting of the Bangalore Development Authority board held here on Monday approved the formation of five new layouts, which will envelop about 1.76 lakh house sites of various dimensions.

Chief Minister H.D. Kumaraswamy said that the five layouts would be developed simultaneously and the sites would be ready for allotment in about six months.

“The Government estimates the requirement of house sites in Bangalore at around 2.1 lakh and I am confident that the demand of the people will be met substantially,” Mr. Kumaraswamy told The Hindu.

Mr. Kumaraswamy said: “In line with the assurances held out by me over the past 19 months to provide housing for people in the lower strata of society, the BDA will set apart around 100 acres of land in each of these new layouts for vertical housing. About 75,000 flats, largely comprising one-bedroom apartments, will be constructed for allotment.” The price of the flats would be decided later, he said.

With elections to the municipal bodies notified earlier on Tuesday, the Government has decided to make a low-key pronouncement on the mega housing programme. The opening up of the green-belt area around Bangalore following the approval of the new Comprehensive Development Plan (CDP) has paved the way for the BDA to obtain the requisite land for the housing scheme.

BDA Chairman Shankaralinge Gowda told The Hindu that the developed layouts would be owned by the BDA and land owners in the ratio of 60:40. For every acre of land acquired, the owners would be provided four sites each of 2,400 squar e feet. The cost of land would be Rs. 500 a square foot.

A BDA press release said that Nadaprabhu Kempe Gowda Layout, between Magadi Road and Mysore Road (4,814 acres and 60,879 sites) will be developed at a cost of Rs. 2,639 crore; Shivaram Karanth Layout between Doddaballapur Road and Hesaraghatta Road (3,546 acres and 18,975 sites) at a cost of Rs. 1,847 crore; D. Devaraj Urs Layout between Airport Road and Varthur village (1,976 acres and 24,904 sites) at a cost of Rs. 1,108 crore; S. Nijalingappa layout between Varthur village and Sarjapur Road (35,451 sites in 2,806 acres) at a cost of Rs. 1,550 crore; and Kyasambahalli Changalaraya Reddy Layout between Hosur Road and Sarjapur Road (2,134 acres and 26,734 sites) at a cost of Rs. 1,170 crore.

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