Bengaluru body suggests strict fines for vacant properties
BENGALURU: The Bangalore Development Authority (BDA) is set to implement a one-time 10% non-construction fine for allottees who fail to build homes within three years of receiving their plots. Officials emphasized that the rule will be strictly enforced, with sale deeds not issued until construction is completed. This initiative primarily targets beneficiaries who have either neglected to build homes or engaged in illegal plot transfers, despite significant increases in land values. Notably, Arkavathy and Nadaprabhu Kempegowda Layout (NPKL) are exempt from this rule due to delays and incomplete infrastructure that hindered construction for allottees. Under the BDA scheme, plots were…