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Real Estate Forum on Bda Flats

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Q: What is the reason that BDA has doubled the rate of the flats?
Latest Answer: BDA has invited applications for allotting 4,228 apartments, which include 1 bhk, 2 bhk and 3 bhk flats, and has posted the details on its website. The revised rates will apply only to these apartments.
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Q: What is the reason behind BDA paying back the deposit to the allottees?
Latest Answer: People, especially from the economically weaker section of the society, who failed to arrange the additional funds to buy BDA flats, seek for cancellation of their allotment. In addition to it, property consultants also confirm that lack of common amenities like cauvery water and electricity also played a key role in the cancellation of the allotments.
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