HUDA to distribute sites soon

HUDA to distribute sites soon

The proposal to develop this Krishna layout was proposed nearly a decade ago. But, the project has failed to take off till now owing to hurdles over acquisition of land. Now it is learnt that the Government had given its approval for forming 1,000 sites on the land which is free from any controversy.

Deputy Commissioner Naveen Raj Singh, who is also Chairman of the HUDA told Deccan Herald that the authority had completed formalities for inviting applications. To make the who process transperant, it is coming out with a software for filing applications online mode is made for the first time.

The new system would be in place in next 15-20 days.

The HUDA had acquired 453 acres of land for developing the layout and a cricket stadium.
It wanted to handover land Karnataka State Cricket Association to develop the stadium. However, the proposal caught in legal wrangles which stopped the work on the layout.

Interestingly, HUDA is paying ut Rs 36,000 as interest on loans raised from a local bank to pay compensation to farmers whose land had been acquired for the purpose of forming the layout. The early distribution of land would help paying interest and principal to bank. The “HUDA has reached an agreement with the bank to waive off interest amount in exchange for one-time return of loan,” he said.

The project was conceived during the tenure of then Chief Minister S M Krishna. However, the it never realised after the ouster of Congress Government and change in political equations.  

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