Kempegowda Layout – Allotment (2015) of Residential sites by BDA – Details & Eligibility Conditions

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• I had been to BDA yesterday and was informed that final list along with Block no. & site no. will be published by the month end and money would be refunded to all unsuccessful applicants in next month
  BDA is planning to give only 3 months time to pay the full amount (remaining) and 4th month, they will be charging 18% interest and 5th month , they will charge 24% interest.

  If we don't act now for price reduction and staggered payment for 2 years (linked with the development), it is difficult for us to get it changed once BDA issues the Govt order.

  I am writing an email to BDA commissioner requesting him to consider both of our interest. Request you all also to send similar emails/letters to bring pressure on BDA.

• As per today's Vijaya Karnataka paper article,in person meeting for objections will be completed by tomorrow(10th Aug),Reports from Secretary after hearing from person who raised objection will be sent to respective site allotting head of committee, They will decide and take approvals from other bodies as per secretary recommendations ,Mostly final list will be by 15th Aug.

  • THANKS FOR THE INFO MR.SURYA

• Final list will be announced during third week of August as per yesterday's Prajavani newspaper.

• Final list of allottees in Aug end as per the report in Today's Prajavani

  • Many banks provide 80% loan to buy only site and if needed can take additional loan separately for construction which will hv to over by 5 years from 2017 January

    • Dear Mr. Shastry, All,

      Could you please provide a list of banks that provide loan for purchasing BDA sites alloted in K G Layout.
      I enquired with HDFC and they said NO!

      Best Regards,
      Kashinath

      • All banks will give maximum for BDA sites and also for construction, depending upon applicant. If applicant is aged and no sizeable income then there should be co-applicant who has income.

• If the site is allotted within in what time period we have to pay the money for site. Will there any installment allowed.

• It is true that the rates are very high and at the same time due to improper documents given by Pvt builders people still prefer BDA. We can submit our request for revision of rates once the final list us announced. That should not be delayed. Most of us have been waiting for more than a decade for this.

  Once this happens, the allotees should get together and ask the authority to provide proper infrastructure to help us build houses at the earliest or else it will be like the previous layouts which remain deserted at many parts. This should not happen. Construction costs are escalating multifold and age limits to finance also count.
  Many of us are keeping lot of hopes. Good luck to all and may God bless.

  • V can file a writ petition to highcourt requesting to order to BDA to not to take more money than guidance value

  • Yes vidya,we have to fight for rate reduction and for more time period to make full payment. Time is just running out. We have to do something.

• Hello

• Please read article in today's TOI "Dream sites at Kempegowda Layout in buyers’ reach but for exorbitant price" which is reproduced below.-

  BDA Prices Plots Above Guidance Value, Cites Development Cost And Cross-Subsidization
  L Kishore, a resident of Ramanagara, is close to getting his dream site in Nadaprabhu Kempegowda Layout.But he isn’t all that elated: At the age of 56, Kishore has made it to the provisional list of site allottees announced by the BDA, but only in his fifth attempt. And now, he finds the site is far too expensive.
  Kishore first applied for a BDA site in 1998. “I’ve had to wait nearly two decades for this 2,400sqft plot and the cost?
  Then, BDA plots were priced at only a couple of hundred rupees per sqft. Today , my site costs Rs 52.31 lakh, at Rs 2,250 per sqft,“ he said.

  Kishore’s angst is understandable. “Was it my mistake that I didn’t get a site all these years? It was the BDA that went slow on its layouts, truncated some of them and all but nixed some others. I was never prepared to pay such a price for a BDA site,“ he complained. Kempegowda Layout is 22km from Majestic via Magadi Road.

  Realty agent Mahesh S says sites at an upcoming gated layout nearby , with all clearances, are priced at Rs 2,800 per sqft.The BDA site price, however, is way beyond the governmentfixed guidance value for plots with clearances, in areas nearby. A 4,000sqft BDA site is priced at Rs 2,500 per sqft, and costs Rs 96.87 lakh.

  The guidance value, the minimum value at which any land has to be transacted and accounted for, is in the range of Rs 994 to Rs 1,651 per sqft in seven of the eight villages where land has been acquired to form the layout. Only in Soolikere is the guidance value Rs 2,000.

  Janardhan J, another site aspirant who’s made it to the provisional list of allottees, is in two minds now on whether to buy the 1,200sqft site. “This is my sixth attempt. I first applied in 2001 when a BDA site cost a few hundred rupees per sqft. In 2007, when Kempegowda Layout was notified, sites were available nearby for Rs 1,500 per sqft. Now, BDA is charging Rs 2,000 per sqft and I have to pay Rs 24 lakh for the site,“ said Janardhan.

  “For 15 years, I waited for the site. Once the final list is announced (after receiving objections from public), we’ll be given three months to confirm and pay the money for allotment. Wonder if the 15year wait was worth it, considering I have to pay such a high price for my site,“ lamented Janardhan.

  Kempegowda Layout is far from ready . In fact, it’s likely to take at least 18 months to provide water, drainage sys tem, approach roads, electricity and other civic amenities.

  BDA commissioner Rajkumar Khatri, however, said a lot of work has been done in some of the villages. “We aren’t charging the allottees as per market value, it’s less than that. And we aren’t charging them in excess. The allotment value was decided at a board meeting last year.“

  M Khan (name changed), also an allottee, said banks aren’t encouraging loan applications for house construction in Kempegowda Layout. “I went to a bank to check whether I’d be eligible for a home loan but they said I may not be. The reason they gave was the layout isn’t yet developed and once they approve the loan, I must build the house in 18 months, which is practically impossible,“ he said. BDA’S LOGIC The BDA had allotted sites in Arkavathy Layout at a flat rate of Rs 225 per sqft (all dimensions) and the rate was fixed in 2001, when the layout was notified. Fifteen years later, BDA has fixed differential sital rates for Kempegowda Layout, and prices have gone up at least 10 times.

  “We had to take into account the guidance value of land which has shot up in recent times, the cost of land, of developing the layout and interest on investment made for developing the site. We have also cross-subsidized the smaller sites allotted to economically weaker sections (EWS) category from the price fixed for 2,400sqft and 4,000sqft sites,“ explained a BDA official.

  The official, however, admitted that Kempegowda Layout sites are only a wee bit cheaper than the market value in the area. “We cannot make losses, after all. That’s why we’ve kept a slender profit margin,“ he said.

  • Irrespective of rate 90% allotties will buy site from BDA, Site price is high but for the sake of genuine clear property allotties will go for it and We will not get site below the price BDA quoting in and around kempegowda layout or some other well planned layout.

    If we buy that property again A katha B katha and other development charges will keep on coming considering all these allotties

    • I agree 100%. Pl do not go for pvt sites, even if its few lakhs less. Lot of formalities to be observed reg BBMP & BWSSB later. No proper roads, amenities, you will not get peace of mind.

  • Thanks for the information prakash.

    “We cannot make losses, after all. That’s why we’ve kept a slender profit margin,“

    what statement this BDA buggers are giving, they have hiked the cost of sites by violating guidance value.

    • Considering cross subsidy( robbing Paul to pay peter) and all other sundry, the site rate should not be more than Rs 1500/-PSFt. All should demand for revision and same rate for all dimension.

• Dear All,

  Please visit and enroll yourself at
  "Nada Prabhu Kempe Gowda Layout Provisional Site Allotees" in face book and start posting your views and discussions

  • Ganesh,pls provide the Facebook link,I am not getting it.

• Anybody sure that BDA going to announce anymore sites. Is there phase 2 in K G layout.

  • Yes Shenoy,As per my visit to BDA office and per my discussion with Secretary Phase 2 allotment notification will happen in Oct-november and they will offer 8000 sites in Phase 2.

    • Thank you, i am expecting atleast in that for sure. Let me try.