Please note- I have sent the following mail to BDA commissioner at the following email ID-
com@bdabangalore.org;
rajkhatri61@hotmail.com.
REquest you to send similar email to him.
The Commissioner
Bengaluru Development Authority
Kumara Park West, Bengaluru – 560 020
Dear Sir,
Sub:- Request for Reduction in the price of the site and linking of the remaining payment of the site to the development of the layout
I am an allottee of a 50X80 site in Kempegowda Layout after a wait of 18 years. I would like to apprise you of the facts regarding the above subject.
• BDA site price is much higher than the guidance value fixed by the State Government. Average price of the Current Guidance Value in Kempegowda layout is Rs 1250/sft, whereas the prices of the sites offered by BDA for various dimensions are much higher. For ex. 50X 80 dimension sites cost double the guidance value.
• If we buy the site from any private developer, unit price of the site reduces as the site dimension increases ie. price per sq.ft of a 50X 80 site should be lesser than that of a 30X40 site. Here BDA is charging Rs. 2,500/sq.ft for a 50X 80 site & Rs. 2,000/sq.ft for a 30X40 site.
Request you to let me know the logic behind this.
• No basic amenities are ready yet in Kempegowda layout ( like Tar road, water, electricity, sewage, link roads etc.) whereas nearby gated communities charging the same rate have excellent amenities already developed including park, playground etc in a gated community environment. Another advantage is that we get to choose the site of our choice (like East or North or Park facing) and in case of BDA, we can’t exercise this choice.
• The basic development of Kempegowda layout may take minimum 2 years and going by the previous history of BDA layouts, it may even take 7 years.
• Usually BDA was giving only 5 months of time to clear the remaining payment in previous allotments. At that time, price charged by BDA was much lower than guidance value and people were happy to pay complete amount and get registered first before the developments take place. This does not hold any water now as the cost of the BDA sites is much higher than the guidance value.
• 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.
• Once the site is allotted, there is no option to reject the allotment from our side as BDA will confiscate the initial deposit of Rs 12.11 Lakhs paid if we don’t want the allotment.
• Thus after waiting for 18 years, we are struck with a site of not of our choice in an undeveloped layout, having to pay complete amount higher than market value within 5 months and without an option to get back the deposit money.
My humble request to BDA is as follows.
• To revise the price downwards especially for larger sites as per the guidance value fixed by the state government as there is a provision as stated in your advertisement of Kempegowda layout saying that the final price may be revised at the time of allotment.
• To charge the same amount for all dimensions of sites.
• BDA to make the following information public in its website with a time plan of development -
o Kempegowda layout approved plan
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
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
• To have a staggered payment plan for the remaining amount linking to the development of layout. I suggest BDA to come out with a plan that enable us to pay the remaining amount in 12 quarterly instalments so that at the end of 3 years, BDA would have completed all the developments and immediately after registration & getting the possession certificate, we can go for construction of the house. If due to any unforeseen circumstance, BDA delays the development, the remaining payment can be deferred.
• Before the final list is announced, BDA can provide the provisional allottees an option clause to reject the allotment and get back their deposit.
I am sure that BDA will treat us as its customers and implement the above suggestions and make Kempegowda layout as the most modern, best & model layout in India.
With best regards