logo
#

Latest news with #ChennaBasavarajuM

BDA gets approval to form six new layouts along PRR-2
BDA gets approval to form six new layouts along PRR-2

The Hindu

time5 days ago

  • Business
  • The Hindu

BDA gets approval to form six new layouts along PRR-2

The Bangalore Development Authority (BDA) has got an approval from the State government for its proposal to develop six new layouts along Peripheral Ring Road - 2 between Tumakuru Road and Hosur Road via Magadi Road, Mysuru Road, and Kanakapura Road. Of these six layouts, the largest layout (over 4,200 acres) will come up along Kanakapura Road, and this is expected to include an industrial area as well. This layout will come up on villages including Kaggalipura, one of the three shortlisted sites for Bengaluru's second international airport. The other shortlisted site, Harohalli, is also along Kanakapura Main Road 15 km away from Kaggalipura. The third proposed site is along Nelamangala-Kunigal Road. The remaining five layouts are relatively small, including one layout, which is just 84 acres. 'We have selected land parcels which have the least development,' a senior BDA official said. To compensate land owners Apart from planned development along the new major arterial road PRR-2, these layouts are also being taken up to compensate land losers to the road project with developed land along the road. While the BDA is raising ₹27,000 crore debt to finance 67-km-long PRR-1 between Tumakuru Road and Hosur Road via Ballari Road, Old Madras Road, and Sarjapur Road, it has decided to take up 53-km-long PRR 2, to complete the circle as a Major Arterial Road. A 10-km stretch of this proposed 100-metre-wide road connecting Mysuru Road and Magadi Road that passes through Nadaprabhu Kempegowda Layout has been completed as part of the NPKL project. Land losers to the road project were compensated with 40% developed land in the layout and 60% cash component as part of their compensation package. Following the success of this model, the BDA now wants to develop six layouts along the remaining 43 km of the road along two stretches - stretch 1 connecting Hosur Road to Mysuru Road (35 km) and stretch 2 connecting Magadi Road to Tumakuru Road (8 km). The letter from the Urban Development Department (UDD) approving BDA's proposal said that land losers shall be compensated under BDA Act, 1976, with 40% developed land and 60% cash component in their compensation package. Landlords whose lands will be acquired for PRR 2, and the layouts will be compensated in the six layouts with developed land. For instance, the 35-km stretch between Hosur Road to Mysuru Road requires 860 acres of land, sources said. 'Finish works in older layouts first' Chenna Basavaraju M. E., president, NPKL Open Forum, fighting BDA over lack of basic infrastructure in NPKL at Karnataka Real Estate Regulatory Authority (RERA-K), which has declared the project a 'defaulter' and in the Petitions Committee of the Karnataka Legislature, said that the BDA seemed to be forming layouts and hopping on to newer projects leaving older layouts without even basic infrastructure. 'The BDA should ensure the layouts it has formed are provided with infrastructure, so that it is liveable for allottees to build houses, before forming new layouts,' he said. Apart from the NPKL, there are complaints over lack of infrastructure even in Arkavathy Layout, Visveswaraya Layout, and Banashankari VI Stage as well. After NPKL, the BDA has formed Dr. K. Shivarama Karanth Layout in which 30,000 sites are up for allotment. However, there is a High Court stay on allotment of sites in the Layout.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store