As
there are only a few takers for 1BHK flats, the Bangalore Development Authority
(BDA) will not construct one-bed room (1 BHK) flats any more in its new
projects. As per the BDA officials, there is more demand for two and three bedroom flats in its new projects.
Most of the demand is from Kengeri, where the BDA is executing five projects.
In Doddabanahalli near Whitefield, two
of BDA projects are going on and here also demand is for two and three bedroom
flats. The other projects in JP Nagar 9th Phase, Kothanur and
Thippasandra are also in demand.
Buyers
in these projects are mainly interested in two and three bedroom homes. The
officials have said that they will not construct single- bedroom houses any
more in the upcoming layouts and new locations, after completing the existing
projects.
Out
of the 30,000 flats the BDA would construct 7,000 are one-bedroom units in 17
locations and 4,200 were notified in the first phase. Of these nearly 3000
buyers were given flats through lottery drawn at BDA’s head office on December
26, 2013.
For
the second round of allotment, the BDA has issued notification offering 4,100
flats and it is likely to be done with in a month’s time. The last date for
receiving applications was on June 7, 2014. Out of these the BDA is offering
2,800 1BHK, 1,000 – 2BHK and 384-3 BHK flats. The BDA has informed the rates
have not been revised. For 1BHK, the rate for economically weaker sections is
7.5 to 9 Lakhs. Under general category,
the price ranges is Rs.10-13 Lakhs. The rates for 2 BHK flats is Rs.20-25lakhs
whereas, the rate for 3 BHK flats are ranging from 30-35 Lakhs.
The
ongoing 17 projects are located at various areas like, Alur (tumkur Road), Malagala (Nagarabhavi),
Halagevaderahalli (Rajarajeshwarinagar), Thippasandra and Kothanur
(Anjanapura), JP Nagar 9th Phase, Kaniminike (Mysore Road),
Doddabanahalli (Old Madras Road), Gunjur (Varthur Road), Visvesvarayya Layout,
Kengeri and Nandini Layout.
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