.shareit

Home // News/Views

Mysuru Urban Authority Venture Into Low-Cost Housing

<span style="font-weight: 400;">The Mysuru Urban Development Authority (MUDA) will make a renewed bid to venture into low-cost group housing scheme on the lines of apartments built by the Bengaluru Development Authority (BDA).</span> <span style="font-weight: 400;">Senior MUDA officials including

BY Realty Plus
Published - Dec 7, 2020 4:23 AM

Share It

The Mysuru Urban Development Authority (MUDA) will make a renewed bid to venture into low-cost group housing scheme on the lines of apartments built by the Bengaluru Development Authority (BDA). Senior MUDA officials including its chairman M.V. Rajiv visited a few BDA flats in Kengeri on Friday to apprise themselves of the construction and the plans are to replicate such models in Mysuru as well. Mr. Rajiv said there was a land crunch in Mysuru and the city’s horizonal expansion could not be sustained infinitely as people were wary of commuting long distances from the city. Besides, MUDA had a pending list of nearly 1.5 lakh site applicants all of whom could not be provided with sites. Hence group housing and vertical growth model with multi-storeyed apartments was the only way forward and the MUDA was serious about it It is the first time that the MUDA was venturing into low-cost housing and it would benefit the commoners. The plan is to construct 2BHK and 3BHK flats on the available MUDA plots within the city. The proposed entry of MUDA into construction of luxury apartments which was mooted a few years ago but never really took off, has been dropped. MUDA plans to construct about 6,000 to 8,000 housing units under the current plan and make it available to the public at an affordable price. Low cost need not be confused with low quality and it would be attractive, he said and pointed out that there was adequate land to take up such construction along the periphery of the Outer Ring Road (ORR). 

Share It

Tags : News/Views Mysuru residential property Mysuru Urban Authority Low-Cost housing Mysuru Urban Development Authority Bengaluru Development Authority M.V. Rajiv