KHB starts work on Mega layout in Mysore outskirts
The Karnataka Housing Board has started work on the development of a mega layout on the outskirts of the city. KHB is coming up with a layout in the city after 33 years.
The layout has been named as KRS Nisarga as the place is near KRS dam. The demand for sites and houses are growing so the KHB is hoping to spur development of layouts in Yelwal off Mysore-Madikeri Road. KHB’s project comes a week after the Brigade Group announced a villa project in the area.
KHB is developing 419 acres in Kallur Naganahalli, Gungural Chatra and Yelachahalli at a cost of Rs 589 crore. 6,233 sites and 217 houses will be constructed at KRS Nisarga, it is a composite housing scheme.
Karnataka housing minister launched the ground work which will be completed in another 12 months. Under Package-I, 2,039 sites will be developed in 136 acres at a cost of Rs 193 crore. A total of 1,923 sites will be developed in Package-II at a cost of Rs 160 crore. Package-III and Package-IV are smaller, accounting for 2,271 sites at a total cost of Rs 235 crore.
The layout will have solar energy for its power and will have a separate drinking water line from KRS dam, as said by a KHB official.
The civic body is spending a huge amount of money so that the Mysoreans get houses or sites. KHB is paying Rs 36.5 lakhs per acre to the farmers for the land. KHB will pay directly to the land owner and not to those who are holding general power of attorney.
The cabinet has approved a plan to allot houses or sites to residents in Mysore who are living in rented properties and according to a survey it is found that 45,800 people in Mysore are staying in rented properties.
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when is the allotment process????
is there any update on this project KHB KRS Nisarga