What’s MUDA’s take on plot development?

Apart from Ballahalli, MUDA had proposed joint plot development with land owners at Kenchalagudu on 50:50 basis.

About 6,000-plus sites had been planned at Kenchalagudu around which many private layouts have come up besides a project by the KHB.

In addition to plots, the MUDA had proposed a housing project in Kenchalagudu, which was announced in its budget.

As per the understanding, the MUDA had to transfer 50 per cent of the developed plots to the land owners as compensation for surrendering their lands for developing plots.

The MUDA came up with the idea of joint development to avoid land acquisition hurdles and issues related to compensation to the land owners which would be sizeable to pay at one go.

It has to be seen whether the MUDA will go ahead with the plans or change its strategy on plot development in the light of recent developments.

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Printable version | Jul 7, 2020 12:57:35 PM | https://www.thehindu.com/news/national/karnataka/whats-mudas-take-on-plot-development/article29728487.ece

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