Re: What next for allotees of KG Layout.
Posted: October 26th, 2016, 3:05 pm
Hi all,
I have been allocated site in Kempegowda layout as per the provisional list. I know that till the final list is out, nothing is for sure. But going by all the news and also the kind of slow paced developments happening at other layouts like BSK, anjanapura etc I feel KG layout will take years to develop. With the initial cost so high, is it really worth going for this? It's hard earned money and I am very doubtful whether there will be any appreciation even to match the interest rate for the loan. Also the news that BDA has been chosen to undertake the steel bridge construction, there is a fear that the money generated from KG layout allocation will go towards funding the bridge construction. If so, what money will BDA have to do any development in KG layout. Any expert opinion on this is much appreciated.
Thanks!
I have been allocated site in Kempegowda layout as per the provisional list. I know that till the final list is out, nothing is for sure. But going by all the news and also the kind of slow paced developments happening at other layouts like BSK, anjanapura etc I feel KG layout will take years to develop. With the initial cost so high, is it really worth going for this? It's hard earned money and I am very doubtful whether there will be any appreciation even to match the interest rate for the loan. Also the news that BDA has been chosen to undertake the steel bridge construction, there is a fear that the money generated from KG layout allocation will go towards funding the bridge construction. If so, what money will BDA have to do any development in KG layout. Any expert opinion on this is much appreciated.
Thanks!