The Karnataka Housing Board (KHB) will develop a new layout called Swami Vivekananda Nagar near Jigani at a cost of Rs 3,000 crore to allot 50,000 sites and houses.
The Cabinet has approved the proposal and we will acquire around 2,500 acres of land for the
project.
Minister for Housing V Somanna said “We are spending Rs 450 crore to provide drinking water for the proposed layout. We are also planning to acquire 400 acres of land near Devanahalli for allotting houses to the applicants. We are planning to complete both the projects at the earliest.”
When asked about the land acquisition problems that have been plaguing the five layouts that were supposed to be developed around the city, Somanna said, “The KHB is planning to purchase the land directly from the land owners at the market price. It will be fixed by the local DCs.”
The KHB has 23 ongoing projects at different places in the State and has invited applications for allotment of 296 houses at Sir M V Layout, 808 houses both near Kengeri, 384 houses in Suryanagar and 832 houses at KHB Green Park in Gulbarga. It has constructed 1, 2 and 3 BHK houses in these areas.
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