Kempegowda layout notification

raghu_pro
Posts: 49
Joined: April 23rd, 2011, 2:40 pm

Kempegowda layout notification

Postby raghu_pro » November 1st, 2015, 11:14 am

Hi ,

Kempegowda layout notification attached,

5000 sites in phase 1.
Attachments
Kempegowda_Layout_BDA_01-11-2015.pdf
(538 KiB) Downloaded 1831 times

awin
Posts: 61
Joined: August 1st, 2011, 2:18 pm

Re: Kempegowda layout notification

Postby awin » November 1st, 2015, 11:19 pm

The list price works out as Rs 2000 psft for 30x40, Rs 2250 psft for 60x40 and Rs 2500 psft for 50*80. I really wonder whether public will apply at such exuberant prices for that location off Magadi Road/Mysore Road segment. It'll be really interesting to see the outcome in terms of the applicant turnout.

What do you folks think on the price?

rannem
Posts: 24
Joined: July 3rd, 2011, 3:03 pm

Re: Kempegowda layout notification

Postby rannem » November 2nd, 2015, 2:46 pm

Given the current situation in bangalore, it is extremely difficult to find a site at these rates. It is definitely on a higher side, but wondering it would be a safe bet for an investment purpose.

Any thoughts.?

raghu_pro
Posts: 49
Joined: April 23rd, 2011, 2:40 pm

Re: Kempegowda layout notification

Postby raghu_pro » November 2nd, 2015, 10:04 pm

i think Rs 2000 psft is toooo high,
KHB allotted sites for Rs 950 psft near chandapura 3 years back.

KHB also given 40% sites to land losers,

So why BDA charging more than 100%?

BDA behaving like private developer.

duffyhair
Posts: 113
Joined: May 13th, 2009, 9:25 am

Re: Kempegowda layout notification

Postby duffyhair » November 3rd, 2015, 9:49 am

anyhow, this layout would become one more real estate shops hub..
I feel that charging 2000 is correct since it will deter the investors and really serious people would go ahead for allotment..

nbp
Posts: 21
Joined: December 8th, 2010, 11:08 pm

Re: Kempegowda layout notification

Postby nbp » November 3rd, 2015, 3:50 pm

I think there is a lock-in period of 10 years.... where allottees can't sell the site before 10 years... i hope experts can share their thoughts on this...

pvn
Posts: 25
Joined: May 18th, 2009, 10:09 pm

Re: Kempegowda layout notification

Postby pvn » November 3rd, 2015, 9:50 pm

Not sure if this is true and if we are missing something here. The below article indicates that the interest levels are high:

Rush at banks for BDA site applications

http://www.deccanherald.com/content/509 ... tions.html

veena1980
Posts: 1
Joined: October 10th, 2014, 11:51 am

Re: Kempegowda layout notification

Postby veena1980 » November 4th, 2015, 1:04 pm

I have two queries regarding the Kempegowda layout notification
1) By when can we expect the allotment to happen as in how many years/months later
2) What if I do not want to register the allotted site due to financial constraints, would the initial amount be refunded or would I lose the initial amount.

bhr2009
Posts: 34
Joined: August 17th, 2009, 12:57 pm

Re: Kempegowda layout notification

Postby bhr2009 » November 4th, 2015, 1:52 pm

@veena1980

1. Going by the History of Arkavati layout, you can not predict 100% about allotment time. But hopefull, because of favourable compensation agreement with farmers, the land acquisition related legal issues may be less.
2. I think if you don't accept allotment, even the initial deposit will be forfeited. Please confirm it elsewhere.
-----------
To all of you here:

The eligibility to apply : Going by the words in the eligibility clause, does it mean "house/sites allotted by any government housing boards" or owning a site/house in Bangalore in any manner will disqualify one from applying ?

Thank you

ranahosur
Posts: 13
Joined: April 30th, 2010, 4:20 am

Re: Kempegowda layout notification

Postby ranahosur » November 4th, 2015, 2:48 pm

if you cannot register the property, approach a reseller


Return to “KempeGowda”

Who is online

Users browsing this forum: No registered users and 1 guest