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BDA Chairman responds to plight of Kempegowda Layout site allottees

| Feb 19, 2021, 03:59:39 PM | BCCL
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BDA has failed to provide the basic infrastructure for Kempegowda Layout in the promised time frame. Work on providing power, water, sewage lines and construction of connecting roads is going on in the Nadaprabhu Kempegowda Layout for many years. Many allottees of the Kempegowda Layout have taken loans and invested anywhere between Rs 25 lakh to over Rs 1 crore to purchase a BDA site. The condition of those who have taken loans from banks is the worst. Their interest rates have been hiked as these are akin to commercial loans due to non-construction of houses. Those living in rented accommodations are also paying rent. Some have also paid an interest of 21% for delayed payment.

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