Applications invited for Shivaram Karanth Layout from Jan 25

NT Correspondent

Bengaluru: Deputy Chief Minister and Bengaluru Development Minister DK Shivakumar on Wednesday announced that applications would be invited for the new Shivaram Karanth Bangalore Development Authority (BDA) layout in Bengaluru from January 25.

Addressing a press conference at the head office of the BDA, he said: “We have inspected the progress of works at the Shivaram Karanth Layout and have decided to invite applications from January 25.

This time, we are providing an option to file applications online as well. Like earlier, people can also submit their physical applications at various offices of BDA in the city.”

“The applicants are required to pay an initial deposit of 12.5 per cent of the total value of the site within one month of applying. The initial deposit for SC/ST (Scheduled Caste / Scheduled Tribe) applicants has been fixed at 5 per cent. The sites will be allocated in a very transparent manner and all information pertaining to site allocation will be available in the public domain,” he added.

The Deputy CM added that 25 to 30 acres had been identified to build a new stadium in Shivaram Karanth Layout on the lines of Kanteerava stadium.

“The price of the sites has been fixed at Rs 4,900 per square feet. It may be on the higher side as farmers need to be compensated for the land they have given up for the layout. Farmers were compensated monetarily in the previous layouts but, for the first time, they are being allocated developed sites in lieu of money,” Shivakumar said.

He reiterated that 18,000 people from 17 villages had given up land for the project and would be compensated with alternative sites rather than money.