Bengaluru, Apr 14: Bracing for post-lockdown hard times, the Karnataka government on Monday decided to auction about 12,000 BDA sites and regularise unauthorised constructions across the state in a bid to shore up its already-thin finances.
"Some 12,000 corner sites (developed by Bangalore Development Authority, or BDA) are lying idle in Bengaluru. We hope to net about Rs 15,000 crore from the auction of the sites," chief minister BS Yediyurappa said after chairing a meeting with senior ministers and officials to discuss ways to raise funds.
"The Covid-19 pandemic has thrown Karnataka into a deep financial crisis. There's a need for such measures," the chief minister said in defence of the decisions.
The sites – mainly of 40x60ft and 50x80ft dimensions – are in nine layouts. Also, the state government will auction corner and vacant sites in layouts formed by development authorities in other major cities of Karnataka.
Industry experts said that in a tepid market, it wasn’t easy to find buyers for the sites, each of which costs about Rs 1 crore. The CM said, “Since it’s an open auction, I’m confident of a good price since corner sites are always in demand. If we don’t get the expected price, then we will stop the process.”
The meeting decided to fast-track disposal of the cases related to regularisation of unauthorised constructions pending before courts. “If courts decide these cases, then thousands of people will be relieved, besides helping the government in mobilising resources to take up development works,” the CM said.
The government hopes to get about Rs 4,000 crore from the layout-regularisation move.
The government decided to amend the law to allow hundreds of private and cooperative housing societies to allot residential plots.
Comments
whatever going on in the Dargah is against the teaching of islam and definately Allah hates this. Its unfortunate that people of fighting for power and unnecesary things. They are giving importance to not required customs which are not advised in islam. Few people are running dargah as business to make money. Its unfortunate that common people are getting fooled.
It is responsibility of waqf board and local MLA to bring peace in Ullal before some one get killed.
Let all elected representative sit together elect one as president who has majority.
It is easy job but some unseen hands playing behind the scene.
I request UTK to show the leadership before some one get killed.Just he need to do is tell both fraction that those who get majority will be president.
health minister's city became unhealthy goon's city
whats going on, fighting with own people this must be stopped immediately, it makes our rival to go out strong.
There is no difference between dargah and temple. Both make pooja by offering flower etc. Both make jathre(Uroos). Both make nerche (Harake). In islam no where taught like this. This fight is only for money.
koora and SSF's Dirty Game
fighting for dargha's authority, it defines u,
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