JOIN USWith the final notification for the Kempegowda Layout all set to be out within the next one month and four more layouts in the pipeline, the sites up for grabs might be worth every rupee invested. But the ultimate deal is likely to be a hard bargain.
Only 15 per cent of the proposed layouts will be available for the layman. According to a State government notification, as much as 45 per cent of the land in the layouts will be earmarked for basic amenities, green cover and a few initiatives to improve the environment.
Of the remaining 55 percent, 40 percent of the land has been allocated to localities, who have parted with their lands. At present, the BDA has received 8,000 objections for the portions of land acquired by the BDA for Kempegowda layout. While the layout, claimed to be the largest development initiative undertaken by the BDA, awaits the final notification for land acquisition, the awarding of compensation and placing the available sites on the open market will take anywhere between six months to a year.
BDA officials state that the reason for this has been the change in regulations which mandate that every objection made towards land acquisition has to be looked into.
“Earlier, the authorities would just overrule any and every objection. But now we have to look into every objection individually and disburse them,” the BDA official pointed out. Meanwhile, another proposed layout in the vicinity of Bangalore, the Shivram Karanth Layout spread over 3,546 acres and 11 guntas still awaits the completion of the preliminary notification and Government approval.
The Layout has already received 12,000 objections and now the BDA is in the process of notifying individual katha holders.