Wednesday, July 24, 2013

Exclusive Bangalore properties on Bangalore5.com ...

2BHK and 3BHK Apartments are available in Whitefield Bangalore from DS-MAX Sangam. Ds Max Sangam is the new project of DS-MAX Properties Pvt Ltd. Want to know search more projects on Bangalore5.com click here...


         Bangaloreans who were at the mercy of private builders, had happy times, when Bangalore development Authority, became super active, formed layouts and allotted sites In Anjanapura and Vishweswaraiah layouts. 

         The much publicised Arkavathy layout attracted overwhelming response, many borrowed from banks and applied for sites. Banks while advancing collected interest upto certain period, with a hope that allotment procedure would be completed early, and refunds received from BDA would liquidate the loans of those who did not get sites. The process is shelved and the applicants have to bear the additional interest burden. This has doused the enthusiasm of many banks who have lent to the applicants. The BDA has notified (preliminary) the acquisition of lands for hi-tech city long back.But the final notification is not yet issued. Because of this, the private developers cannot form private layouts . 

         The Authority is almost inactive. It is not only formation of layouts and allotment of sites. Even the layout formed by private developers are pending for approvals, and only eight private layouts are approved in the last three years. Private builders who have invested crores of Rupees in purchasing the land and developing it have to wait for years to get approvals from BDA. which they can hardly afford. This has led to many unauthorised layouts. Since neither BDA is forming the layouts nor approving private layouts, the supply is too limited. This has increased the land cost abnormally. The ultimate sufferer is common man. If the BDA cannot meet the demand, it should encourage private parties, by according approvals in a some stipulated time. 

         May be BDA is burdened too much with its multifarious activities for which no infrastructure is available. Delay in completion of flyovers, grade separators points in this direction. Many of the flyovers costing crores of Rupees to exchequer are not properly located. The flyover at Dairy Circle has not eased the traffic and stranded traffic on flyover is very common. Many traffic experts opine that flyovers just shift the traffic congestion but do not solve. 

         It is advisable for BDA to concentrate only on formation and approval of layouts. 
         
Editor-Selva kumar

DS-MAX Saphire an innovation from DS-Max Properties Ltd. Ds Max Saphire located in HBR Layout Bangalore available with 2BHK and 3BHK Apartments.
Click here to know more on www.banglaore5.com

Post a Comment