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The Hindu
The Hindu
National
The Hindu Bureau

Citizens up in arms against BDA’s plan to turn complexes into malls

BDA Indiranagar Koramangala

 

The Bangalore Development Authority’s (BDA) move to turn seven of its complexes in prime areas into high-rise shopping malls has triggered anger with citizens questioning the authority’s failure to hold public consultation before taking such decisions. 

The buildings, maintained by the BDA at prime locations, including Indiranagar, Koramangala, HSR Layout, R.T. Nagar, and Sadashivanagar, will be demolished to pave the way for plush malls. The structures are leased to Bengaluru-based M-FAR developers, a consortium of Maverick Holdings and Embassy Group, which will redevelop the Indiranagar complex. The BDA is expected to earn ₹40 crore annually, about a 236% jump. According to sources, its annual earning at present stands at ₹ 11 crore. 

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