Growth Related Questions??

Now it is time that we should get used to realities of the realty….the recent announcement from CM again lurks around the real estate hunger illustrated earlier ..

“No family should go roofless. The State Government has launched many programmes to provide houses for all. In addition, I am concentrating on improving basic amenities to residents of Bangalore”

Indeed a great desire and motivation for the crowd but this becomes simple to digest if we can relate our common sense to few of these points…

BDA> Looking at the steep increase in property prices affordability becomes statistical, do we know if BDA has moderated it’s own land prices? The rate’s are seen skyrocketing… how many layouts BDA have sold at a cost affordable to common man? The idea is towards making BDA profitable or to maintain it at no loss no profit and help the cause remain the question.

> Looking at a growth of commercial space increase, Bangalore now hold 33% of total country’s commercial space….yes you read it right 33% of TOTAL COUNTRIES COMMERCIAL SPACE…translate this in turns of consumption of basic resources like power, water and roads, do we balance it with even 5% supply compared to the entire country? look at the pace at which we are committing new projects rather controlling the same and distributing them evenly within the state…or atleast provide the infrastructure to the existing before we start adding more…

> Imagine the new projects coming up at a large scale in peripheries taking customers for ride when there is no water supply from the corporation or civic body, no fire brigade, health care service capability developed and tested thus not enough support functions even developed at all. Biggest joke of all is that the financing organizations continue to give you money (to the developer) even if your sale deed or agreement is not registered. (This could be another topic of discussion altogether!!) we are yet to find the beneficiaries from the C+ strata of our society who gets lured by such tall claims…who is to plan this and when?

> finally is there any accountability on the part of the government when they have failed to make life easier for all….why are the parameters of success only remain political and don’t relate to simple living needs?
Do they get caught for their wrong decisions? Has anyone made to payback for his wrong direction and decision ever in our democracy?

> How do they make such decisions, what are the basis of approvals when the current infrastructure issues remain unresolved and challenged?
Simply put if there is no road and water supply, why the building plans and complexes get sanctioned?
Who is to provide these basic facilities to the citizens and when?
How can anyone justify that these basic amenities are not the deciding factor for expansion and approval in principle?
Will we ever ‘grow’ up to lead this revolution? What will it take to change?
When will we start taking thing professionally with help from professional bodies?

Demands will continue and the desires too…so does these questions.

3 Comments so far

  1. Naveen (unregistered) on January 25th, 2007 @ 4:39 pm

    Bangalore absorbed 33.75% of the commercial space added in 2006. It doesn’t have 33% of the total commercial space in the country.

  2. silkboard (unregistered) on January 25th, 2007 @ 4:47 pm

    Yes Rajesh, Naveen is right. No one city in India can have 33% of country’s commercial space. I would guess the largest will be Mumbai/Thane region, probably 15-20%. Pure guess again.

    Regardless of the stat, the point you raise is a very valid one. It reminds me of my PIL post once again. Need to move that further, going slow there.

  3. Rajesh (unregistered) on January 25th, 2007 @ 6:16 pm

    I stand corrected! it is the percentage taken relative to other cities…

    On the PIL, have made some contacts here and exploring the same. will reach you as soon as i have something concreate.

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