Tuesday, December 2, 2014

Rs 1 lakh Crore worth of land encroached in Bangalore

About a third of the land of the government is encroached upon which amounts to 41, 303 acres worth about Rs. 1.03 lakh crore. A protest was led by the freedom fighter H. S. Doreswamy and a former legislator A. T. Ramaswamy which is on the way of gaining momentum and the protesters have the feeling that government is passive to bring the land encroachers to book.

LAND THE BEST INVESTMENT


Urban Bangalore has five taluks which are Bangalore North and Bangalore North Additional, Bangalore South, Bangalore East and Anekal. The total land of government including forests is about 1.3 lakh acres. Of this, about 41, 303 acres which comes to about 33.77 percent is encroached. The Karnataka government told the High court of Karnataka that in the districts about 33, 878 acres of land has been encroached upon. But Mr. Ramaswamy who headed the joint committee of legislature consisting of 17 members that was appointed to unearth encroachments in Bangalore and adjoining areas in 2006-7 said the figure of encroachment would be 41, 303 acres.


Mr. Ramaswamy said that 1 acre costs about at least Rs. 2.5 crores even at conservative estimates which makes the value of the encroached land Rs. 1.03 lakh crores. The former additional chief secretary Mr. V. Balasubramanium who was the chairperson of the committee for the recovery of encroached land said the land could cost even more at about Rs. 2 crores to Rs. 3 crores per acre of land. He said this looking at the value of the multistoried buildings being built in that area and the cost of it which is about Rs. 20, 000 per sq. ft. He says that taking the present cost of the land, the encroached land will cost more than Rs. 1 lakh crore.

The protesters want the encroachment of the poor to be treated differently from the land encroachment of mafia. However they are happy that the government announced of creating two deputy commissioner positions in Bangalore urban district and the promise of constitution of special courts after getting the Assent from President for the Karnataka land Grabbing (Prohibition) bill, 2011.

Visit TGS Layouts, if you wants buy best lands in Bangalore. The lands are available across Bangalore like Electronic city, Chandapura, Hosur Road, Kengeri, Rajankunte, Kanakapura Road, Mysore Road, Sarjapura Road etc..


10 comments:

  1. If you want make an investment then the land or the gold are the best things. Now a days in Bangalore land investment is going on broadly. You can't imagine a small 1500 sq ft also in a sound place comes around like in Crore. After 10 years you can get like more than 10 times. So any time if its comes in your mind about land or plot purchasing you can go with TGS Layouts. This company has a good reputation for land investment.

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  2. The middle class people those who don't have land in Bangalore. Now they can't think about the land also cause the price is so high now. The main reason is growing of IT and other industry in Bangalore. So people should go through a proper and trust worthy company for purchasing plots or land.

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  3. Thank you Himansu & Sabeer for your valuable comments.

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  4. Due to the bang of IT industry the plots cost are getting high , that is the only reason. But god here so still hope is their. So many company are here in Bangalore like TGS Layouts they are giving plots in many splendid are of Bangalore. So no need to worry, go and take a look to TGS Layouts. I am sure that you will be happy with their proposal.

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  5. In Bangalore for the middle class people its impossible to by the lands because of the growths of people and the industries and companies. By keep in mind TGS online portals doing well for the middle class people by searching cheapest lands fulfilling the dreams of people by selling at low prices..

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  6. In Bangalore, thinking of buying a land will become dream only because the worth of the lands is very expensive. I gone through the TGS Layouts portals in which I read out they are searching the cheapest lands around the Bangalore for the land buyers because by doing this kind of strategy they are winning the hearts of the customers. Who wants to buy the lands in Bangalore just visit the TGS office at HSR Layout.

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  7. This blog article I understood little bit because I’m not affair about this matter. In this city one of my friends is searching the lands but few of agents are saying very high rates. One day I gone through this web site I was known that this portal are selling the lands at low margin in all over the Bangalore, I suggest him to visit TGS office and take the details about lands prices and in which locations they are selling.

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  8. Those whoever having lands they can have so many rights and they can do anything with their lands. If anyone is forcing on their lands to usurp purpose they can do complaint to government without any fear because govt is always there to support for the rights.

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  9. I heard that TGS is good seller of Lands, but I didn’t visit their office. So I’m planning to visit their office by this week end to see their location of lands and price. If I feel their prices are low compare to market means I will register and suggest to others..

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    Replies
    1. You can visit TGS Layouts and schedule your visit to see Land Plots across Bengaluru / Bangalore.

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