Wait for site just got more expensive

The circular will affect nearly 5,000 allottees who are eligible for sale deeds

August 30, 2016 02:37 am | Updated October 17, 2016 06:50 pm IST - Bengaluru:

Ever since it was formed a decade ago, Arkavathy Layout has been dogged by legal battles and political brouhaha.

For the allottees, however, the wait for their site just got more expensive.

In a circular issued in April-end, BDA announced an increase in property tax. From less than Rs. 600 per annum, it has been linked to guidance value. This, says G. Shivaprasad who heads the Arkavathy Layout Allottees Association, will see people pay nearly five times more for a plot that is currently “useless”.

Moreover, the circular laid down a penalty for ‘delay of construction’ on allottees claiming an absolute sale deed.

Nearly 5,000 persons are eligible for sale deeds as it has been 10 years since allocation. However, many got possession only in 2014. Consequently, much of the area remains vacant.

“Many of us have not even seen our sites, as they have not been demarcated,” said Manjunath Seth, who is yet to get possession of his site. “How do they expect us to build houses in the absence of approach roads and infrastructure for electricity and water supply?”

At a meeting with the BDA on Monday, allottees demanded exemption from these rules.

K.V. Jagadeesh, BDA’s Superintendent of Police, who represented the Authority, said the demand will be taken up in the next meeting of the Board scheduled on Wednesday.

Legal laxity

Moreover, allottees have accused the BDA of being lax in removing the interim stay brought by a private company on the tender process for providing amenities. “The BDA was supposed to submit objections. Even after four hearings, its lawyers are yet to present the objections and get the stay vacated,” said Mr. Shivaprasad.

Officials of the legal cell assured ‘all efforts’ to ‘expedite’ the process.

The Arkavathy Saga

2005: BDA announces creation of 8,313 sites

More than 5,000 persons registered as allottees

Between 2008 and 2014, nearly 1,000 acres denotified

These denotifications led to probes

Penalties and tax

Property tax revised for vacant sites

From an arbitrarily fixed rate between Rs. 575 and Rs. 590 to being linked to guidance value

For sites lesser than 1,200 square feet, tax rate is now 0.0005 per cent of guidance value

Area greater than 1,200 square feet, tax rate will be 0.001 per cent

Penalty for allowing land to be vacant after 10 years of allocation

Site size*

Penalty (Rs)

Less than 600

5,000

600-1,200

10,000

1,200

40,000

1,200-2,400

80,000

2,400-4,000

2,50,000

Above 4,000

4,00,000

* square feet

0 / 0
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