+
Vastu concerns contributes in declining demand for BDA flats
Real Estate

Vastu concerns contributes in declining demand for BDA flats

Vastu considerations have become a key factor in the declining demand for Bangalore Development Authority (BDA) flats, despite their affordability. With over 3,500 units still unsold, BDA is facing financial difficulties and has sought assistance from private builders to help sell the remaining inventory.

Out of the 11,917 units constructed, 3,586 remain unoccupied. Despite efforts to boost sales through online platforms, flat sale fairs, and bulk buyer discounts, the desired results have not been achieved. A senior BDA official noted that several factors were contributing to the slow sales, including the lack of Vastu-compliant designs, which is an important consideration for many potential buyers.

The official also pointed out that many BDA housing complexes are located on the outskirts of the city, where road and Metro connectivity is insufficient, making them less attractive compared to centrally-located private developments. Persistent issues such as unreliable electricity supply and complaints about poor construction quality have further discouraged buyers. Even the rental market has stagnated, with residents reporting low interest from potential renters, compounding the issue.

Supriya Girish, a resident of Vijayanagar, recounted her experience, explaining that after purchasing a 2 BHK flat in Gunjur two years ago and doing interior work to rent it out, she found no one was interested in renting it due to the location. The distance made it difficult for her family to commute, leaving them stuck with the flat.

In response to these challenges, BDA is increasing its collaboration with private builders to facilitate flat sales. The authority is also focusing on improving apartment management through residents' associations to ensure better maintenance and community living standards.

NA Harris, MLA and chairman of BDA, acknowledged the difficulties in accommodating all buyers' preferences, explaining that while some people believe in Vastu Shastra, others do not, making it challenging to design homes that meet everyone's expectations. He added that BDA was negotiating with private builders and taking steps to manage the unsold flats through apartment residents' associations. Harris further noted that BDA was offering homes at a very low price to ensure affordability, as buying a house from private builders in the city is costly.

BDA Commissioner NS Jayaram mentioned that several programmes were being planned to boost the sales of BDA flats, expressing hope that strategic collaborations and improvements in infrastructure would eventually revive demand, benefiting both the authority and prospective homeowners.

Vastu considerations have become a key factor in the declining demand for Bangalore Development Authority (BDA) flats, despite their affordability. With over 3,500 units still unsold, BDA is facing financial difficulties and has sought assistance from private builders to help sell the remaining inventory. Out of the 11,917 units constructed, 3,586 remain unoccupied. Despite efforts to boost sales through online platforms, flat sale fairs, and bulk buyer discounts, the desired results have not been achieved. A senior BDA official noted that several factors were contributing to the slow sales, including the lack of Vastu-compliant designs, which is an important consideration for many potential buyers. The official also pointed out that many BDA housing complexes are located on the outskirts of the city, where road and Metro connectivity is insufficient, making them less attractive compared to centrally-located private developments. Persistent issues such as unreliable electricity supply and complaints about poor construction quality have further discouraged buyers. Even the rental market has stagnated, with residents reporting low interest from potential renters, compounding the issue. Supriya Girish, a resident of Vijayanagar, recounted her experience, explaining that after purchasing a 2 BHK flat in Gunjur two years ago and doing interior work to rent it out, she found no one was interested in renting it due to the location. The distance made it difficult for her family to commute, leaving them stuck with the flat. In response to these challenges, BDA is increasing its collaboration with private builders to facilitate flat sales. The authority is also focusing on improving apartment management through residents' associations to ensure better maintenance and community living standards. NA Harris, MLA and chairman of BDA, acknowledged the difficulties in accommodating all buyers' preferences, explaining that while some people believe in Vastu Shastra, others do not, making it challenging to design homes that meet everyone's expectations. He added that BDA was negotiating with private builders and taking steps to manage the unsold flats through apartment residents' associations. Harris further noted that BDA was offering homes at a very low price to ensure affordability, as buying a house from private builders in the city is costly. BDA Commissioner NS Jayaram mentioned that several programmes were being planned to boost the sales of BDA flats, expressing hope that strategic collaborations and improvements in infrastructure would eventually revive demand, benefiting both the authority and prospective homeowners.

Related Stories

Gold Stories

Next Story
Infrastructure Urban

India’s Global CE Connect

India’s construction equipment industry is entering a phase where scale is increasingly being matched by productivity, technology, localisation and lifecycle economics. Against this backdrop, bauma ConExpo India 2026, scheduled for September 15-18 at the India Expo Centre, Greater Noida, will bring the global and Indian construction machinery ecosystem together.The eighth edition is expected to be the largest yet, with the exhibition sold out across around 1.45 million sq ft. More than 1,100 exhibitors from over 100 countries are expected to participate, with visitor numbers projected to exc..

Next Story
Real Estate

Orris, Godrej Properties Settle Dispute Over Gurugram Project

Orris Infrastructure and Godrej Properties Limited have reached an amicable settlement over matters related to the jointly developed Godrej Air project in Gurugram, bringing an end to the dispute between the two companies.The Bombay High Court, while hearing a petition filed by Orris Infrastructure, ordered the immediate and unconditional release of Orris Managing Director Amit Gupta on August 25, 2026, after being informed about the settlement agreement between the parties.A single-judge bench led by Justice Milind N. Jadhav noted that in view of the settlement agreement signed by both compan..

Next Story
Infrastructure Urban

Panasonic Launches Second Cycle of Startup Co-Creation Programme

Panasonic Life Solutions India (PLSIND), through its IGNITION Open Innovation platform, has announced the second cycle of Co.lab Studio, a startup collaboration initiative focused on developing scalable digital services and solutions.The new cycle will focus on Safety & Security and Daily Living solutions for communities by leveraging Panasonic’s AI and IoT-enabled connected living platform, MirAIe. The programme aims to help startups move from innovation concepts to pilot deployments, platform integrations and commercialisation-ready solutions.The first cycle of Co.lab Studio received 1..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code