Bangalore BDA ends villa projects despite good response
The Bangalore Development Authority's (BDA) first villa project has seen strong demand, with over half of the units already booked. However, the BDA will not pursue more villa projects. The Punith Rajkumar Housing Complex, featuring 239 villas, received significant interest, particularly at a recent sales event. The BDA cited competitive pricing as a key factor in the project's success. The BDA plans to focus on building more affordable apartment complexes due to the high cost of acquiring land for villa projects. The authority is also seeing increased demand for its existing flats.