Tag: KR Rakshith

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Allottee Loses Mysuru Site for Not Paying Auction Price

Sure! Here’s a rewritten version of your content: Representative image MYSURU: The Mysuru Development Authority (MDA) has annulled the allocation of a 745 sqft corner plot in the upscale Vijayanagar IV Stage in west Mysuru because the winning bidder did not finalize the necessary formalities. The bidder had offered Rs 2 crore against a base price of Rs 59.6 lakh. K.R. Rakshith, the MDA in-charge commissioner, confirmed to TOI on Thursday that the cancellation was due to the bidder’s failure to remit 25% of the bid amount by the stipulated deadline. According to the commission, the bidder cited a personal…

InfrastructureLatest Stories

Mysuru Body Approves New Layouts, Projects, and Digitization

MYSURU: The Mysuru Development Authority (MDA), previously known as MUDA, ratified several key decisions in its first meeting on Friday. Among them were the auctioning of corner and intermediate sites, the sanctioning of a free site for war martyr MV Pranjal, and plans to develop mobile apps for tracking MDA properties and digitizing records. The meeting, chaired by DC G Lakshmikanth Reddy at the MDA office, covered around 400 subjects. Some were postponed due to missing documentation, a few were rejected, and many received approval. MDA in-charge commissioner KR Rakshith informed TOI that a 60×40 site was allocated to Captain…