BDA offers sites in Dr. K. Shivaram Karanth Layout in Bengaluru at ₹6,000/sqft
The Bangalore Development Authority has reopened applications for site allotments in the Dr. K. Shivaram Karanth Layout after a decade-long hiatus. Prices have risen significantly to ₹6,000 per square foot, with the project currently awaiting final clearance from the Karnataka High Court.
Why it matters
This development impacts urban housing affordability and land ownership rights for thousands of middle-class residents and farmers in Bengaluru.
After a gap of a decade, the Bangalore Development Authority (BDA) on Monday, August 31, reopened its portal for applications for site allotment, this time in the much-awaited Dr. K. Shivaram Karanth Layout. The last time the BDA allotted sites was in Nadaprabhu Kempegowda Layout (NPKL) in July 2016.
Site prices have soared from ₹2,000 per sq. ft. in NPKL to ₹6,000 per sq. ft. in the Dr. K. Shivaram Karanth Layout. This means a 30x40 site, the most preferred by middle-class Bengalureans, will cost a whopping ₹72 lakh.
When the BDA first initiated the allotment process in the layout in December 2023, it had fixed the price at ₹4,900 per sq. ft. However, the process was stayed by the Karnataka High Court over the issue of compensation to land losers. In less than three years, the price has appreciated by ₹1,100 per sq. ft.
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