BUDA Initiates Kanabargi Residential Project
Real Estate

BUDA Initiates Kanabargi Residential Project

The Belagavi Urban Development Authority (BUDA) has initiated the process of seeking consultant firms to execute the Kanabargi residential project (scheme no.16). If all proceeds as planned, applications for the sites are set to be invited from the public in February 2024.

BUDA has not introduced a new layout in the past 15 years, leading to a substantial increase in land costs within the city. The Ramtirth Nagar layout was BUDA's previous residential project, and its underperformance has exerted significant pressure on BUDA to advance the Kanabargi project.

Initially intended for development over 159 acres and 23 ?guntas?, the project may now proceed on the remaining land due to legal disputes with farmers occupying about 30 acres. This has contributed to BUDA's delay in launching a new layout in the city.

Previously, the government had proposed a 60:40 land-sharing ratio with farmers, which was rejected. A subsequent proposal for a 50:50 ratio found acceptance among most farmers, except those who own 30 acres. These farmers are still in legal battles to protect their land, particularly because some have already built structures on it. Under the agreement, BUDA is obligated to provide 50% of developed sites to the farmers who relinquished their land.

During a recent visit to Belagavi, the Urban Development Minister, Byrathi Suresh, indicated that work on the Kanabargi layout project would commence within two months. Accordingly, BUDA has initiated the tendering process. BUDA Commissioner Shakeel Ahmed stated, "We have already issued tenders, and if all goes according to plan, site marking work will commence within two months."

Additionally, BUDA has outlined plans for a 20-acre residential building complex within Kanabargi to address the housing needs of the lower and middle-income segments. As confirmed by BUDA Commissioner Shakeel Ahmed, this project will kick off once the Kanabargi layout project is underway.

The Belagavi Urban Development Authority (BUDA) has initiated the process of seeking consultant firms to execute the Kanabargi residential project (scheme no.16). If all proceeds as planned, applications for the sites are set to be invited from the public in February 2024. BUDA has not introduced a new layout in the past 15 years, leading to a substantial increase in land costs within the city. The Ramtirth Nagar layout was BUDA's previous residential project, and its underperformance has exerted significant pressure on BUDA to advance the Kanabargi project. Initially intended for development over 159 acres and 23 ?guntas?, the project may now proceed on the remaining land due to legal disputes with farmers occupying about 30 acres. This has contributed to BUDA's delay in launching a new layout in the city. Previously, the government had proposed a 60:40 land-sharing ratio with farmers, which was rejected. A subsequent proposal for a 50:50 ratio found acceptance among most farmers, except those who own 30 acres. These farmers are still in legal battles to protect their land, particularly because some have already built structures on it. Under the agreement, BUDA is obligated to provide 50% of developed sites to the farmers who relinquished their land. During a recent visit to Belagavi, the Urban Development Minister, Byrathi Suresh, indicated that work on the Kanabargi layout project would commence within two months. Accordingly, BUDA has initiated the tendering process. BUDA Commissioner Shakeel Ahmed stated, We have already issued tenders, and if all goes according to plan, site marking work will commence within two months. Additionally, BUDA has outlined plans for a 20-acre residential building complex within Kanabargi to address the housing needs of the lower and middle-income segments. As confirmed by BUDA Commissioner Shakeel Ahmed, this project will kick off once the Kanabargi layout project is underway.

Next Story
Infrastructure Transport

New Budgam–Delhi Parcel Train to Boost Kashmir Apple Trade

The Awami Itihaad Party (AIP) has thanked Prime Minister Narendra Modi and Union Railway Minister Ashwini Vaishnaw for launching a daily parcel train service from Budgam to Delhi, dedicated to transporting Kashmiri apples.Calling the initiative a timely relief for growers, AIP Chief Spokesperson Inam Un Nabi said the service will ease challenges for apple traders and ensure produce reaches Delhi markets promptly.He noted that the step followed a request made earlier by the office of incarcerated AIP President and MP Baramulla, Er Rashid, highlighting that genuine public concerns are being addr..

Next Story
Infrastructure Transport

Indian Railways to Monetise Mumbai Land to Raise Rs 80 Billion

The Indian Railways, via its land development arm, the Rail Land Development Authority (RLDA), is set to raise at least Rs 80 billion by leasing key land parcels in Mumbai’s real estate market. The authority aims to monetise around 25 acres across four prime locations in the financial capital.1) Bandra West Staff Quarters (5–6 acres)The Bandra West plot, spanning five acres, currently houses railway staff quarters built in 1955. RLDA plans to relocate staff into a 25-storey high-rise and monetise the remaining land for commercial development. Details such as reserve price, lease tenure, an..

Next Story
Infrastructure Transport

PM Modi Inaugurates Mizoram’s First Railway Line and Rajdhani Express

Prime Minister Narendra Modi on Saturday inaugurated Mizoram’s first-ever railway line and flagged off the state’s maiden Rajdhani Express, providing direct connectivity between Aizawl and Delhi.The Rs 80.7 billion Bairabi-Sairang railway line, one of Indian Railways’ most challenging projects, was sanctioned in 2008–09, with construction starting in 2015. Spanning 51 km, the route includes 45 tunnels, 55 major and 87 minor bridges. Notably, Bridge No. 144 near Sairang, at 114 metres, surpasses the height of the Qutub Minar, making it India’s tallest pier railway bridge, according to..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?