To meet the rising residential demand driven by rapid urbanization and industrial growth in the region, Karnataka Housing Board has proposed a 772-acre housing project near the Information Technology Investment Region ITIR in Devanahalli. Under this KHB offer residential plots and affordable houses specially for the economically weaker section with support infrastructure such as roads, water supply, and sanitation. If you are a resident and wish to be a part of this scheme by applying for the scheme so stay connected with this article for complete details.
About Karnataka Housing Board
The Karnataka Housing Board (KHB) is a state-run governmental organization formed in 1962 by the Government of Karnataka to create housing opportunities for people across all income groups in the state by focusing on providing homes flats, and apartments at affordable rates to selected beneficiaries so that those who wish to get housing access can avail through this organization at minimum cost then the market rate. Under this board government provides residential options at affordable rates to the residents of the state, making home ownership more accessible to thousands of needy families by enabling them with housing options.
Key Highlights
| Name of the Scheme | Karnataka Housing Board Plans Massive 772-Acre Housing Project in Devanahalli Bengaluru |
| Introduced By | Karnataka Housing Board. |
| Year of Introducing | 2025-26 |
| Objective | To provide affordable plots at different villages to its residents so that they are able to apply for this as per their choice and preferences and receive benefits from government schemes. |
| Location | Near the Information Technology Investment Region ITIR in Devanahalli. |
| Total Acres | 772-Acres Housing Project. |
| No of Villages Covered | Five. |
| Benefits | Deserving residents receive affordable housing options |
| Eligible Communities | LIG, EWS, MIG, LIG. |
| Beneficiaries | Residents of Karnataka. |
| Mode | Online |
| Official Website | KHB. |
Details of the Devanahalli Housing Project
As per the reports, it is noted that KHB plans to acquire 772 acres in five villages, including Vishwanathapura, Vajarahalli, Beerasandra Shanappanahalli, and Managondanahalli in Kunduana hobli of Devanahalli taluk. Under this, the KHB intends to acquire 410 acres and 13 guntas in Vishwanathapura, 42 acres and 20 guntas in Vajarahalli, 59 acres and 22 guntas in Beerasandra, 83 acres and 23 guntas in Shanappanahalli, and 177 acres and 12 guntas in Monagondanahalli. This project will be implemented based on a 50-50 formula, said the Minister, adding that land owners will receive 50% of the developed land instead of monetary compensation.
Benefits for Citizens
- Residential Options:- Under this, the government provides residential options at affordable rates to the residents of the state, making home ownership more accessible to thousands of needy families by enabling them with housing options.
- Nodal Department: Karnataka Housing Board (KHB) is a state-run governmental organization formed in 1962 by the Government of Karnataka to create housing opportunities for people across all income groups in the state.
- Total Villages:- There are five villages covered under this housing project.
- Meet Rising Residential Demand:- By offering this scheme government aims to meet the rising residential demand driven by rapid urbanization and industrial growth in the region.
Government’s Vision for Housing in Karnataka
The main vision of housing in Karnataka is to make home ownership accessible to hundreds of economically weaker sections by offering residential plots and affordable houses at reasonable rates with support infrastructure such as roads, water supply, and sanitation. Keep in view that the demand for residential plots in the area has drastically increased, and several reputed educational institutions, including private universities, have to build campuses within a stone’s throw of ITIR. There were plots available for Rs 1500 per square foot before Foxconn started its manufacturing unit now. But now the price has jumped to Rs 6000 based on the amenities available.
Also Read: Karnataka Housing Board Allotment List
Salient Features
- Location:- The Karnataka Housing Board has proposed a 772-acre housing project near the Information Technology Investment Region ITIR in Devanahalli.
- Village Covered:- KHB plans to acquire 772 acres in five villages, including Vishwanathapura, Vajarahalli, Beerasandra Shanappanahalli, and Managondanahalli in Kunduana hobli of Devanahalli taluk.
- Implement Formula:- This project will be implemented based on a 50-50 formula said by the Minister, adding that land owners will receive 50% of the developed land instead of monetary compensation.
- Total Acres:- Under this, the KHB intends to acquire 410 acres and 13 guntas in Vishwanathapura, 42 acres and 20 guntas in Vajarahalli, 59 acres and 22 guntas in Beerasandra, 83 acres and 23 guntas in Shanappanahalli, and 177 acres and 12 guntas in Monagondanahalli.
- Target Sections:- Under this KHB offer residential plots and affordable houses specially for the economically weaker section with support infrastructure such as roads, water supply, and sanitation.
FAQs
Who plans the Massive 772-Acre Housing Project?
Karnataka Housing Board plans to massive 772-acre housing project.
Is it necessary to be a resident of Karnataka for the project?
Yes, it’s necessary to be a permanent resident of Karnataka for this Massive 772-Acre Housing Project.
How many villages are covered under this massive project?
As per the reports, it is noted that KHB plans to acquire 772 acres in five villages, including Vishwanathapura, Vajarahalli, Beerasandra Shanappanahalli, and Managondanahalli in Kunduana hobli of Devanahalli taluk.
Afshaan Gul is an experienced content writer with over 5 years of expertise in explaining Indian government schemes and public welfare programs. He creates easy-to-understand and informative articles that help people learn about schemes. His goal is to make complex information simple so that citizens can easily apply for and benefit from these schemes.