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Kempegowda Layout by BDA, Bangalore : Pricing of Plots

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Kempegowda Layout by BDA, Bangalore : Pricing of Plots

Last updated: November 8 2015
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  • Kempegowda Layout by BDA, Bangalore : Pricing of Plots

    The Bangalore Development Authority has called for applications for allotment of plots in Kempegowda BDA Layout on Nov 1, 2015.

    The allotment price is Rs 2000 psft for 30*40, Rs 2250 psft for 60*40 and Rs 2500 psft for 50*80. Is it really worth hard earned money for the location off Magadi Road/Mysore Road?

    People with knowledge about prices in the region please comment.
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  • #2

    #2

    Re : Kempegowda Layout by BDA, Bangalore : Pricing of Plots

    Hi harivishnu; Do you have any idea about the prices of plots for the location off Magadi Road/Mysore Road? Kindly provide some details in case you have any idea regarding the same. Thank you.
    Let's Talk REAL on IREF

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    • #3

      #3

      Re : Kempegowda Layout by BDA, Bangalore : Pricing of Plots

      ‘How will BDA allot 5,000 sites when it can’t fix 1?’ - Bangalore Mirror

      This one is for all those who think that BDA is a holy cow who can do no wrong. There are many more such cases and frauds.

      Most part of Kempegowda layout is not acquired properly. The notification for allotment of sites is a tick in the box for Siddaramaiah. BDA will collect the money and not allot the sites for donkeys years.

      Also check on Arkavathy. The scene is quite bad.

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      • #4

        #4

        Re : Kempegowda Layout by BDA, Bangalore : Pricing of Plots

        And look at the prices!!!!!

        They are charging 23 and odd lakhs for a 30X40 site. A site in a well developed layout could cost you 12 - 16 lakhs in these areas. Does the government want to earn money or loot the innocent citizens....

        One big drawback I have observed in these government developed projects is that no body constructs houses for years together.

        Please weigh the pros and cons carefully before attempting to apply for the sites.
        Last edited November 7 2015, 08:57 PM. Reason: Text formatting.

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        • #5

          #5

          Re : Kempegowda Layout by BDA, Bangalore : Pricing of Plots

          Pricing is obscene. Plus, I believe you have a 10-yr lease type agreement where you can't sell it within 10 years. This is only for people with black money, and for people thinking real long term.. 10+ years

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          • #6

            #6

            Re : Kempegowda Layout by BDA, Bangalore : Pricing of Plots

            This is a graveyard to bury money and evade income tax purview.

            It works like FD and no tax deduction.

            Earlier the same happened in Suryanagar project.

            Many people with high salaries got allotment with bogus claims and some even claimed no job etc when they were doing onsite abroad.Some were drawing government salaries

            Allotments were made without probing antecedents.

            They will not build houses there because they already have own homes
            Last edited November 8 2015, 09:05 PM. Reason: Text formatting.

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