MUDA to Launch Group Housing Project 2017 for Housing Units

Latest Housing News, Schemes & Projects | By Rajkumar

Mysuru Urban Development Authority (MUDA) will soon come up with a group housing project and its proposed satellite township at Balahalli to provide the better infrastructure to the city.

According to the information, the officials are being conducting a survey for group housing scheme which to be completed by January end. After the completion of the survey the report of the project would ready which further help in the progress.

The MUDA officials informed that the authority is plans to construct houses in the project for economical weaker section, lower income group and higher income group of the society.

“The project received administrative approval from the government in 2015. The cost estimates are yet to be worked out but will be within reach for end users from the low and middle income groups’ source said.

The MUDA new group housing scheme would have high-rise construction. “Bulk of the land on the city periphery has been purchased in bulk by private developers and people are not prepared to traverse long distances if one constructs individual row houses on the outskirts,” the MUDA chairman said.

Since 2,000 sites cannot be allotted in the available land, the group housing scheme is being conceived and may emerge as a model for all future MUDA housing projects.

Mr. Dhruvakumar informed that the houses will be distributed across Krishnaraja, Narasimharaja, Chamaraja and Chamundeshwari Assembly segments though their numbers will vary depending on the availability of land in each constituency.

The officials of MUDA will soon conduct a meeting with farmers of Balahalli for the construction of satellite township. In this project, were to be made partners in development and receive 50 per cent of the developed sites in lieu of compensation for surrendering their land.

Under the satellite township, the farmers will be free to sell the sites at the prevailing market rate, it will benefit them. However, private developers are trying to create hurdles as it will affect their fortunes.

However, distribution of over 2,000 sites at R.T. Nagar had been delayed owing to litigation, while 800 sites at Lalitadripura is ready for allotment and may be cleared in 2017.

Source: https://www.thehindu.com:443/todays-paper/tp-national/tp-karnataka/MUDA-to-launch-ambitious-group-housing-project-early-this-year/article16972635.ece

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