What next for allotees of KG Layout.
Re: What next for allotees of KG Layout.
Hi All,,
As communicated earlier Please dont miss today to be part of strike 3 PM gathering at BDA.BJP would bring banners and that is out we can Regroup correctly.
Hope all applicant or their family members will gather for protest.
Few points for todays protest…
For non-allotties…
1) Speedy refund
For allotties….
1) Staggered payment request
2) Removing or reducing lease period request
3) Speedy development
Hope all will gather for this….
As communicated earlier Please dont miss today to be part of strike 3 PM gathering at BDA.BJP would bring banners and that is out we can Regroup correctly.
Hope all applicant or their family members will gather for protest.
Few points for todays protest…
For non-allotties…
1) Speedy refund
For allotties….
1) Staggered payment request
2) Removing or reducing lease period request
3) Speedy development
Hope all will gather for this….
Re: What next for allotees of KG Layout.
Any updated on yesterday's meeting ?
Re: What next for allotees of KG Layout.
How about the Payment? Is the Final list confirmation about allotees? Does BDA send the allotment letter?
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- Posts: 110
- Joined: June 27th, 2016, 3:10 pm
Re: What next for allotees of KG Layout.
We are meeting at 8 AM on Sunday at Bangalore university near canteen to discuss more about NKL.
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- Posts: 110
- Joined: June 27th, 2016, 3:10 pm
Re: What next for allotees of KG Layout.
coming Sunday on 6-Nov-2016
Re: What next for allotees of KG Layout.
Is it near Nandini parlour ??
Re: What next for allotees of KG Layout.
Gentle Reminder to all....
Allottees will need to form association and hence we are gathering on Sunday 8-9 AM at Bangalore University Campus, Near Canteen, to form a Group.
We will discuss on how to form association, concerns and queries which after listing will be put forward to BDA as Association.
Location is close to NKG Layout, so after meeting interested guys can visit the layout blocks and understand the ground reality of the layout.
1) Staggered Payment
2) Full payment only after Possession certificate is given by BDA.
3) Deadline on Amenities as to in how many months/years it will be completed. Like BDA will say after Phase 3 allotment, CA sites will be given for schools, complex all such. but Basic amenities like Water and Electricity should be made available during possession.
Since the fate of Arkavathy, we do not want NKG layout become the same, so we have to ensure the funds deposits collected is not wasted and we wait for years to complete project. so they have to share layout plans of Each block. So it guarantees that it is worth buying sites there at 2000 rs per sq feet.
Any members here, in legal, in banking can put forward their suggestion as well.
Please Join us, its just 2hrs on Sunday morning, Feel Fresh at Bangalore University Campus.
Remembers, Even an Infant will not get milk unless it cries. So we are investing our life earned money and we have every right to question on HOW and WHEN.
Please find whatsapp group on previous comments, join the group to get quick updates.
Thanks to RELAKHS for providing platform to share/talk.
Allottees will need to form association and hence we are gathering on Sunday 8-9 AM at Bangalore University Campus, Near Canteen, to form a Group.
We will discuss on how to form association, concerns and queries which after listing will be put forward to BDA as Association.
Location is close to NKG Layout, so after meeting interested guys can visit the layout blocks and understand the ground reality of the layout.
1) Staggered Payment
2) Full payment only after Possession certificate is given by BDA.
3) Deadline on Amenities as to in how many months/years it will be completed. Like BDA will say after Phase 3 allotment, CA sites will be given for schools, complex all such. but Basic amenities like Water and Electricity should be made available during possession.
Since the fate of Arkavathy, we do not want NKG layout become the same, so we have to ensure the funds deposits collected is not wasted and we wait for years to complete project. so they have to share layout plans of Each block. So it guarantees that it is worth buying sites there at 2000 rs per sq feet.
Any members here, in legal, in banking can put forward their suggestion as well.
Please Join us, its just 2hrs on Sunday morning, Feel Fresh at Bangalore University Campus.
Remembers, Even an Infant will not get milk unless it cries. So we are investing our life earned money and we have every right to question on HOW and WHEN.
Please find whatsapp group on previous comments, join the group to get quick updates.
Thanks to RELAKHS for providing platform to share/talk.
Re: What next for allotees of KG Layout.
Hello, whatsapp group link is not working [https://chat.whatsapp.com/8U3yS0nzESwE2lzxpgTQmC], Could someone please sahre correct link
Re: What next for allotees of KG Layout.
All,
Please join telgram link which is newly created to accommodate more audience...
https://telegram.me/joinchat/DwvPmUF_snmTZ4oH9iVgMw
Please join telgram link which is newly created to accommodate more audience...
https://telegram.me/joinchat/DwvPmUF_snmTZ4oH9iVgMw
Re: What next for allotees of KG Layout.
Hi All....Please find Draft letter to BDA please do let us know your suggestions...
From
The President
Nadaprabhu Kempegowda Layout Residents welfare association
Bengaluru
To
The Commissioner
Bengaluru Development Authority
Kumara Park West, Bengaluru – 560 020
Dear Sir,
Sub:- Request for normalization of rates, Staggered payment, Reduction of lease period, all round development of the Nadaprabhu Kempegowda Layout (NKGL)
I am happy to inform you the formation of Nadaprabhu Kempegowda Layout Residents welfare association (NKGLRWA) with the sole purpose of the welfare of the residents of the layout. Our intention is to work closely with BDA and make our layout the Best BDA layout in India.
The price charged by BDA is the same (higher in case of 50X80) as that of the nearby gated communities which are completely developed & having excellent amenities including park, playground, underground cable, concrete roads, water supply etc in a gated community environment. It comes with added advantage of our choice of site (like East or North or Park facing).
But still all of us are going with the BDA as we have good faith & hope that BDA would make NKGL as the model/best layout in India.
We have the following requests to BDA and hope that you consider them favourably.
1. Charging the rate as per guidance value irrespective of the size of the site
As you are aware, site rate charged by BDA in our NKGL is much higher than the guidance value fixed by the State Government. Average price of the Current Guidance Value in NKGL is Rs 1250/sft, whereas the prices of the sites allotted by BDA for various dimensions are much higher. BDA being a non-profit Government organization it should charge the same rate as per the guidance value fixed by the State Government, as has been done in your previous layouts.
When you buy a site from any developer, the rate (price per sq.ft) of a site reduces as the size of the plot increases. But in NKGL’s Case, it is exactly reverse ie rate increases as the size of the plot increases.(20X30: Rs. 1,800/sq.ft, 30X40: Rs. 2,000/sq.ft, 40X60: Rs. 2,250/sq.ft & 50X80: Rs. 2,500/sq.ft). BDA’s pricing policy is against the market norms. Earlier BDA used to charge a flat rate for all sites irrespective of the size.
Thus request BDA to the charge the same rate as per guidance value irrespective of the size of the site.
2. Staggered payment of the remaining amount linked to the development of the layout
In all previous allotments, BDA was giving 6 months (3 months without interest +3 months with interest) of time from the allotment date to clear the remaining payment. At that time, price charged by BDA was much lower than guidance value/market rate and allotees were happy to pay the complete amount and get the site registered first before the developments take place. Now BDA is charging exorbitant rates which are higher than the market rate. Without the basic amenities in place, we cannot construct the house and if the house is not constructed within 2 years of availing the housing loan, no bank will keep quiet.
Thus we request BDA to stagger the payment and link it to the development. We feel BDA will take 3 years to give the all the basic amenities like tar roads, Sewage, drinking water, electricity, connectivity with the city, parks etc… Thus we suggest that the remaining payment can be staggered in 6 instalments every half yearly once for 3 years. In case if the development is not happening as per the Plan/target the instalment can be deferred till that particular mile post is reached & BDA to pay the compounded interest at 10% for the money already paid by us till the mile stone gets completed. This will ensure that the development of the layout will happen within the stipulated time period of 3 years and immediately after the site registration, construction of the house can be initiated.
3. To register the site to allotee instead of entering into lease with the allotee
The association requests BDA to register the site to the allotee immediately after the development of the layout (ie at the end of 2 years) instead of entering into lease cum sale agreement with the allotee now and registering the site after the complete payment
4. BDA to make the following information public on its website with a time plan of development -
o Approved plan of NKGL
o Details of amenities/facilities to be provided including parks, roads, metro, shopping complex, malls, peripheral ring roads, connectivity to NICE road, ring roads, Sewage treatment plant etc..
o Quality of amenities provided- For ex. Is electrical cabling underground, are roads like tender SURE types
o Any upcoming software parks or industries in the layout
o Updating the progress of development on a monthly basis with the contact details of the concerned officers
5. BDA to include the clause in the absolute sale deed of taking the responsibility of reimbursing the site value at the prevailing market rate in case if the site enters into legal issues after the registration.
6. BDA not to charge any extra amount or increase the rate at the time of registering the site after the development is completed.
7. Action planned by BDA to overcome the staunch smell in the layout due to garbage processing plant.
We have observed a staunch smell during the evening times emanating from the Garbage processing unit in NKGL especially in the area towards Magadi road. We would like to know the actions that would be taken by BDA to overcome this.
8. Real estate Bill implementation in all respects
We are very sure that BDA would implement the real estate bill in Toto.
9. Site allotment process
We are very happy to note that BDA has made recently allotted the flats through a software which will allocate the flats randomly without giving room for any pressures /influence.
We are sure that BDA will follow the same process during NKGL allotment.
I am sure that BDA will treat us really like its customers and implement the above suggestions and make NKGL as the most modern, best & model layout in India.
We are happy to meet you and discuss the above points with you at your convenient time.
With best regards
Mr. R. Balakrishna
President, NKGLRWA
From
The President
Nadaprabhu Kempegowda Layout Residents welfare association
Bengaluru
To
The Commissioner
Bengaluru Development Authority
Kumara Park West, Bengaluru – 560 020
Dear Sir,
Sub:- Request for normalization of rates, Staggered payment, Reduction of lease period, all round development of the Nadaprabhu Kempegowda Layout (NKGL)
I am happy to inform you the formation of Nadaprabhu Kempegowda Layout Residents welfare association (NKGLRWA) with the sole purpose of the welfare of the residents of the layout. Our intention is to work closely with BDA and make our layout the Best BDA layout in India.
The price charged by BDA is the same (higher in case of 50X80) as that of the nearby gated communities which are completely developed & having excellent amenities including park, playground, underground cable, concrete roads, water supply etc in a gated community environment. It comes with added advantage of our choice of site (like East or North or Park facing).
But still all of us are going with the BDA as we have good faith & hope that BDA would make NKGL as the model/best layout in India.
We have the following requests to BDA and hope that you consider them favourably.
1. Charging the rate as per guidance value irrespective of the size of the site
As you are aware, site rate charged by BDA in our NKGL is much higher than the guidance value fixed by the State Government. Average price of the Current Guidance Value in NKGL is Rs 1250/sft, whereas the prices of the sites allotted by BDA for various dimensions are much higher. BDA being a non-profit Government organization it should charge the same rate as per the guidance value fixed by the State Government, as has been done in your previous layouts.
When you buy a site from any developer, the rate (price per sq.ft) of a site reduces as the size of the plot increases. But in NKGL’s Case, it is exactly reverse ie rate increases as the size of the plot increases.(20X30: Rs. 1,800/sq.ft, 30X40: Rs. 2,000/sq.ft, 40X60: Rs. 2,250/sq.ft & 50X80: Rs. 2,500/sq.ft). BDA’s pricing policy is against the market norms. Earlier BDA used to charge a flat rate for all sites irrespective of the size.
Thus request BDA to the charge the same rate as per guidance value irrespective of the size of the site.
2. Staggered payment of the remaining amount linked to the development of the layout
In all previous allotments, BDA was giving 6 months (3 months without interest +3 months with interest) of time from the allotment date to clear the remaining payment. At that time, price charged by BDA was much lower than guidance value/market rate and allotees were happy to pay the complete amount and get the site registered first before the developments take place. Now BDA is charging exorbitant rates which are higher than the market rate. Without the basic amenities in place, we cannot construct the house and if the house is not constructed within 2 years of availing the housing loan, no bank will keep quiet.
Thus we request BDA to stagger the payment and link it to the development. We feel BDA will take 3 years to give the all the basic amenities like tar roads, Sewage, drinking water, electricity, connectivity with the city, parks etc… Thus we suggest that the remaining payment can be staggered in 6 instalments every half yearly once for 3 years. In case if the development is not happening as per the Plan/target the instalment can be deferred till that particular mile post is reached & BDA to pay the compounded interest at 10% for the money already paid by us till the mile stone gets completed. This will ensure that the development of the layout will happen within the stipulated time period of 3 years and immediately after the site registration, construction of the house can be initiated.
3. To register the site to allotee instead of entering into lease with the allotee
The association requests BDA to register the site to the allotee immediately after the development of the layout (ie at the end of 2 years) instead of entering into lease cum sale agreement with the allotee now and registering the site after the complete payment
4. BDA to make the following information public on its website with a time plan of development -
o Approved plan of NKGL
o Details of amenities/facilities to be provided including parks, roads, metro, shopping complex, malls, peripheral ring roads, connectivity to NICE road, ring roads, Sewage treatment plant etc..
o Quality of amenities provided- For ex. Is electrical cabling underground, are roads like tender SURE types
o Any upcoming software parks or industries in the layout
o Updating the progress of development on a monthly basis with the contact details of the concerned officers
5. BDA to include the clause in the absolute sale deed of taking the responsibility of reimbursing the site value at the prevailing market rate in case if the site enters into legal issues after the registration.
6. BDA not to charge any extra amount or increase the rate at the time of registering the site after the development is completed.
7. Action planned by BDA to overcome the staunch smell in the layout due to garbage processing plant.
We have observed a staunch smell during the evening times emanating from the Garbage processing unit in NKGL especially in the area towards Magadi road. We would like to know the actions that would be taken by BDA to overcome this.
8. Real estate Bill implementation in all respects
We are very sure that BDA would implement the real estate bill in Toto.
9. Site allotment process
We are very happy to note that BDA has made recently allotted the flats through a software which will allocate the flats randomly without giving room for any pressures /influence.
We are sure that BDA will follow the same process during NKGL allotment.
I am sure that BDA will treat us really like its customers and implement the above suggestions and make NKGL as the most modern, best & model layout in India.
We are happy to meet you and discuss the above points with you at your convenient time.
With best regards
Mr. R. Balakrishna
President, NKGLRWA