BDA to construct 30,000 low-cost houses
Bangalore, Jul 16, DHNS:
Bangalore Development Authority (BDA) has signed a Memorandum of Understanding (MoU) with Housing and Urban Development Corporation Limited (HUDCO) to construct 30,000 housing units for the economically weaker sections this year alone.
BDA has already earmarked two sites at Valagerahally and Nandini Layout to construct apartments with 512 and 144 units respectively.
As per the MoU, BDA will operate and execute the projects on the lands owned by BDA and HUDCO and will formulate projects on consultancy basis including preparation of DPR, planning/architectural design services, consulting management and provide loan assistance based on specific project requirement.
