The Hindu 21.06.2013
Ambareesh promises 50,000 houses near Attibele
This massive project calls for an investment of Rs . 50,000 crore
The Karnataka Housing Board (KHB) is all set to develop
50,000 sites on the outskirts of the city as part of the fourth phase,
with an investment of Rs. 50,000 crore.
This project —
fourth phase of Suryanagar project near Attibele on Hosur Road —
according to Minister for Housing M.H. Ambareesh, is the most ambitious
project of KHB and will emerge as the biggest housing facility in the
State. The Minister told presspersons on Thursday that the KHB plans to
acquire 2,400 acres of land for the housing project and notification for
this will be issued soon. “We are planning to complete the project in
three years,” he disclosed.
Of the 50,000 sites to be
created, the plan is to earmark 17,000 sites to economically weaker
sections and charge them 50 per cent of the cost. Land would be acquired
directly from the farmers through a committee headed by the deputy
commissioner. “Farmers can also opt for 40:60 sharing pattern, where 40
per cent of the developed land would be allotted to the land losers and
the remaining for the project,” he said. When Mr. Ambareesh was asked
about water for the project, he said the government had approved a
project to provide water to the layout from the Shimsha at a cost of Rs.
450 crore.
