Bengaluru development body holding mela on Feb 17 to sell 1,000 flats

February 17, 2024

<p>Representative Image</p>
<p>“><figcaption class=Representative Image

BENGALURU: In a bid to sell 1,349 unsold flats in its residential projects at Chandra Layout, Kanaminike, Kommaghatta and Konadasapura, BDA will hold a mela at Konadasapura Residential Complex, off KR Puram, on Saturday.

Interested people can pay the initial deposit by demand drafts or online transfer for the flats they wish to purchase and receive allotment letters on the spot. Banks are also participating in the event to facilitate on-the-spot loans for buyers. The flats will be registered in favour of buyers in 10 days if the total sale consideration is paid within as many days of allotment.

According to BDA officials, flats in its residential projects at Kommaghatta, Kaniminike, Nagarabhavi and Konadasapura are available for purchase at the mela. More than 50% of the flats at Nagarabhavi have been sold but the response for its flats at Kaniminike, Kommaghatta and Konadasapura has been poor, where over 50% of the units have had no takers.

A BDA official said they constructed 120 3-BHK flats in Nagarabhavi and 80 of them were sold. BDA built 2,276 flats at its six projects at Kaniminike, Kommaghatta and Konadasapura and only 967 of them have been sold. In Konadasapura itself, 210 of 672 flats have been sold, he said.

Several citizens, however, took to social media to blame what they called the poor quality of BDA flats.

An X user stated in his post, “Don’t purchase BDA flats. They are the worst without any facilities. For years, we have been struggling for water. If you are willing to pay for water tankers and if you are willing to purchase slum-like buildings, then go and buy.”

However, another user praised the spacious flats at BDA’s Nayandahalli/Chandra Layout project, saying they are good.

“Very spaciously designed and price worthy for the location. But we can’t trust the quality of BDA flats construction!” he posted.

  • Published On Feb 17, 2024 at 09:30 AM IST

Join the community of 2M+ industry professionals

Subscribe to our newsletter to get latest insights & analysis.

Download ETRealty App

  • Get Realtime updates
  • Save your favourite articles

Scan to download App

Leave a Comment