HC order makes realtors jittery, residents happy

BANGALORE: While many residents of BDA areas have heaved a sigh of relief after the High Court passed an interim order against the use of residential buildings for commercial purposes, many bu

Published: 28th January 2012 01:32 AM  |   Last Updated: 16th May 2012 06:23 PM   |  A+A-

BANGALORE: While many residents of BDA areas have heaved a sigh of relief after the High Court passed an interim order against the use of residential buildings for commercial purposes, many builders are spending days in fear. Although the High Court specified that existing commercial establishments would not come under this order if they are permitted, the future of many projects in the pipeline will be in limbo.

For, the Citizens’ Action Forum, filed a petition questioning the legality of the Revised Master Plan- 2015, and the order has justified their initial plea.

The areas specified in the order included areas Malleswaram, Vasanthnagar, Jayanagar, Vijayanagar, V V Puram, Rajajinagar, R T Nagar and Richmond Town.

“There are many projects coming up in these areas. In areas like Malleswaram and Jayanagar, there is 50:50 share of residential and commercial projects. There are many builders who have completed only half the project, because of lack of investment. They are not aware of nuances of the order,”said Hari, a real estate agent.

Many agencies too have received frantic calls in the last 48 hours regarding the said order. “We had started our project in South Bangalore two years ago. We have got all the permissions, but there were many issues that cropped up in the last two years with the Corporation bodies. We were initially not aware of this order, but those people who bought the respective shops in our under-construction complexes questioned us whether this would have an impact on them. We are looking into all the details,” said a realtor.

Meanwhile, the BDA has failed to respond to the questions relating to the interim order. “This is an interim order and we do not want to comment on this,” a BDA official maintained. However, many resident welfare organisations from BDA layouts have voiced their concerns regarding the increasing commercialisation.

“If there is a fear amongst any realtor, then they would have bent some rules somewhere. Our application merely highlighted that the RMP - 2015 allows rampant commercialisation of residential areas. Every residential area requires minimal commercial activity. We had further highlighted that even the state government had doubted the credibility and implementation of RMP-2015,” said Vijay Menon, member, Citizens’ Action Forum.

Stay up to date on all the latest Bengaluru news with The New Indian Express App. Download now
(Get the news that matters from New Indian Express on WhatsApp. Click this link and hit 'Click to Subscribe'. Follow the instructions after that.)

Comments

Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the newindianexpress.com editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on newindianexpress.com are those of the comment writers alone. They do not represent the views or opinions of newindianexpress.com or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. newindianexpress.com reserves the right to take any or all comments down at any time.

flipboard facebook twitter whatsapp