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Karnataka - Gulbarga Printer Friendly Page   Send this Article to a Friend

KHB plans 225 projects

T.V. Sivanandan


Over 3.07 lakh housing sites will be developed and 1.31 lakh houses constructed

Average cost of a house to be in the range of Rs. 12 lakh to Rs. 13 lakh


GULBARGA: The Karnataka Housing Board (KHB) has decided to take up 225 housing projects to distribute individual houses, flats, plots and housing sites to homeless people in the State.

Official sources told The Hindu here on Sunday that these housing projects would come up on 29,123 acres of land and the total cost of land, development of plots and housing sites, and construction of houses and flats was estimated to be Rs. 30,870.98 crore.

Apart from taking up development of plots and housing sites and construction of houses and flats on its own, the KHB would also take up joint ventures with landowners for implementing the projects on a case-to-case basis.

Over 4.36 lakh plots and 3.07 lakh housing sites would be developed and over 1.31 lakh houses constructed under the 225 projects.

Cost

The sources said that the average cost of a house constructed under these projects would be in the range of Rs. 12 lakh to Rs. 13 lakh. The average development cost per acre, including the land cost, would be in the range of Rs. 36 lakh to Rs. 88 lakh, depending the location of the sites.

The KHB proposes to take up four projects each in Udupi and Koppal districts; five projects each in Bangalore Urban district, Chickballapur, Shimoga, Kodagu, and Bidar districts; six each in Chitradurga, Gadag and Raichur; seven projects each in Bangalore Rural, Ramanagaram, Davangere, Chikmagalur, Dharwad, Haveri and Chamarajanagar districts; eight each in Chamarajanagar and Bijapur; nine each in Kolar, Mysore, Dakshina Kannada, Bagalkot and Bellary; 10 each in Uttara Kannada and Gulbarga; 12 each in Mandya, Hassan and Belgaum; and 15 projects in Tumkur district.

The sources said the State Government had given its green signal for the projects. The KHB has submitted proposals to the Government for sanctioning land, wherever it is available, for taking up construction activities.

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