Bengaluru development body recovers four-acre land worth Rs 300 crore at Nagawara
In 1985, BDA passed a notification to acquire survey number 75 in Nagawara for forming the HBR II Stage layout, and the related acquisition was done in 1988.
Bangalore Development Authority (BDA) officials on Tuesday recovered four acres of prime land worth Rs 300 crore in Nagawara, North Bengaluru.
A building and sheds were erected there illegally, said, officials.
A senior official said the recovery is probably the largest in BDA’s history when it comes to land value.
“Unauthorized persons built a five-storied building there. We have not yet demolished the structure but removed the sheds and other encroachments,” he said.
In 1985, BDA passed a notification to acquire survey number 75 in Nagawara for forming the HBR II Stage layout and the related acquisition was done in 1988.
While 1 acre and 26 guntas of land were used for constructing a Ring Road, 4 acres and 17 guntas were kept aside for the layout.
BDA said unauthorized properties worth Rs 5,000 crore have been identified across the city and will be recovered soon.