Over 2,200 Unsold Homes by Bengaluru Development Body
BENGALURU: Despite being priced lower than similar offerings from private developers, thousands of flats and villas built by the Bangalore Development Authority (BDA) on the city’s outskirts are finding it hard to attract buyers. Currently, 2,294 units remain unsold even years after completion. The BDA has made various efforts to stimulate sales, such as hosting property fairs, providing bulk discounts, and offering a 5% rebate on selected projects, yet the response from potential buyers has been underwhelming. Residents attribute the lack of interest mainly to inadequate infrastructure. Many housing developments are devoid of essential amenities like proper road access, street…