Tag: BDA

IndustryLatest Stories

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…

Latest StoriesResidential

OSHB, BDA Allocate 1,600+ Plots in Bhubaneswar

BHUBANESWAR: The Odisha State Housing Board (OSHB) and the Bhubaneswar Development Authority (BDA) have collectively allocated over 1,600 plots and homes under various housing schemes in the capital over the past thirty years. In response to a question from legislator Manorama Mohanty, state housing and urban development minister Krushna Chandra Mahapatra shared this information in the assembly. The OSHB has allocated 692 plots and houses in two significant schemes. Among these, 460 units under MIG and HIG categories were distributed in the Satyasai Enclave scheme at Mouza Aiginia, while 232 HIG units were granted under the Dharma Vihar scheme at…

Latest StoriesResidential

Redevelopment Starts After Seven Years at Four Bengaluru Sites

BENGALURU: After seven years of discussions, the Bangalore Development Authority (BDA) has finally commenced redevelopment work on four aging commercial complexes, including the well-known Indiranagar BDA complex. This initiative began with a tender issued in 2018, aimed at transforming underperforming public assets into modern commercial centers through a public-private partnership (PPP) model. The next focus area will be the Koramangala complex, with redevelopment efforts targeting facilities in Indiranagar, Koramangala, HSR Layout, RT Nagar, Sadashivanagar, Austin Town, and Vijayanagar. Demolition has already started at Indiranagar, RT Nagar, Sadashivanagar, and Vijayanagar. BDA officials have stated that redevelopment in Koramangala, Austin Town, and…

Latest StoriesRera

Bengaluru Body Claims RERA Order Doesn’t Apply, Cites Status

BENGLAURU: Following Rera’s designation of the Nadaprabhu Kempegowda Layout (NKPL) project as “lapsed” due to significant delays and unmet commitments to allottees, the Bangalore Development Authority (BDA) asserted on Monday that it is not a “promoter” and therefore outside Rera’s jurisdiction. In its official statements, BDA contended that complaints against it do not hold under the Real Estate (Regulation and Development) Act, 2016, as site allotments are solely contractual. The authority highlighted that site allotments are regulated by its 1984 rules, strictly governing the relationship between the BDA and the allottee. Once an allotment is accepted, the allottee is bound…

InfrastructureLatest Stories

Bengaluru invites global bids for revised 2041 master plan

BENGALURU: The Bangalore Development Authority (BDA) has initiated a global tender to develop the Revised Master Plan (RMP-2041), which aims to create a comprehensive vision for the city’s future. This decision follows the previous RMP-2031 being put on hold due to criticism over insufficient scientific foundation, inadequate stakeholder involvement, and failure to tackle the city’s rapid and unplanned growth. Interested bidders can submit proposals until September 30. BDA officials assert that the new plan will rectify past shortcomings and establish a robust framework for managing Bengaluru’s growing population, increasing traffic, and urban expansion. A high-tech 3D drone survey is currently…

Latest StoriesResidential

Property Allottees Must Get UAN by Aug 31: Bhubaneswar Body

Representative image created by AI BHUBANESWAR: The Bhubaneswar Development Authority (BDA) announced on Tuesday that all property allottees are required to obtain a Unique Account Number (UAN) by August 31. This digital initiative aims to transform BDA’s service delivery and improve transparency in property transactions. The UAN is a 12-digit number that will provide access to various online services, including asset allotment, lease deed execution, no-objection certificates (NOCs) for loans, asset transfers, and conversion of leasehold properties to freehold status. Allottees can generate their UAN by visiting the BDA’s official website (www.bda.gov.in), according to an official statement. The BDA will…

Latest StoriesResidential

Bhubaneswar Body Allows Housing Society to Cut Utilities for Dues

BHUBANESWAR: In a landmark decision, the Bhubaneswar Development Authority (BDA) has made history in Odisha by granting an order that empowers an association of residential project allottees. This ruling allows the association to disconnect vital services to units that fail to pay monthly maintenance charges consistently. The allottees’ association filed a complaint with the competent authority regarding the ongoing non-payment of shared expenses by certain flat owners. The BDA reviewed the case and ruled in favor of the association, referencing provisions from the Odisha Apartment (Ownership and Management) Act of 2023. In total, four homeowners out of approximately 160 in…