Bengaluru development body encounters lacklustre response to auction from buyers

October 22, 2023

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BENGLAURU: The Bangalore Development Authority (BDA) is opting to auction corner sites to boost revenue, but it’s encountering a lacklustre response from potential buyers. The primary reason is that many buyers struggle to locate the plots due to the absence of geo-tagging.

The BDA regularly auctions sites for revenue, and on October 16, it presented 123 corner and middle sites for auction across various layouts it had previously developed. However, these sites exist only on paper, and in an era where people rely on platforms like Google Maps for location information, many prospective buyers face difficulty finding these non-geo-tagged sites.

Aspiring buyer Suraj D said, “BDA still has old maps. However, as we know, we located the areas with the help of Google Maps. Even if we have to go to our friend’s or relatives’ homes, we ask them to send Google location so that we can easily drive there. However, BDA still follows the archaic policy where they also give the address that cannot be searched from Google Maps. It has become quite difficult to locate those sites, and without seeing them, how can we even buy.” BDA Chairman N Jayaram acknowledged the issue, stating, “It has come to our notice that many are having issues locating the plots due to the absence of geo-tagging. We will discuss with officials what could be done on this front.”Some customers highlighted the challenge of locating places in a rapidly changing Bengaluru landscape. Interestingly, when the BDA auction sites in February 2023, it had allowed geo-tagging. Presently, the BDA is auctioning plots in various locations, and those interested need to enroll by October 31 for the e-auction. The first round of bidding will take place between November 2 and 3, followed by the second round between November 4 and 6. The initial bid starts at Rs 37,830 per square meter, with a maximum of Rs 1.77 lakh per square meter, translating to site costs ranging from Rs 49 lakh to over Rs 5 crore.Realtors argue that geo-tagging would significantly help people locate plots using Google Maps, allowing even those residing elsewhere to conduct their research. On the contrary, BDA officials claim that they avoided geo-tagging to save costs. “Currently, only 123 sites are being auctioned, and we need to spend a bit on geo-tagging. Hence, we have given the phone number of the jurisdictional engineers, and interested customers can contact the engineers directly for more information.”

  • Published On Oct 22, 2023 at 05:00 PM IST

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