Curation Team
MYSURU: The ambitious Heritage Heights residential apartment project of the Karnataka Housing Board (KHB), proposed at Kenchalagudu village, Jayapura Hobli of the district, received a lukewarm response from the public during the ongoing demand survey. As a result, the board extended the last date for applying from April 2 to May 2. Only 52 people showed interest in buying apartment units against the 192 units available.
As per the proposal, the board wanted to build 160 2 BHK apartments and 32 three BHK apartments. Rs 49.4 lakh was fixed as the provisional rate for two BHK apartments, while Rs 63 lakh was fixed for three BHK apartments. Interested buyers were advised to register with a Rs 2 lakh deposit for 2 BHK and a Rs 3 lakh deposit for 3 BHK units.
However, just 52 people have registered. According to sources in the real estate sector, in Mysuru city and its outskirts, the local population still shows more interest in buying sites or individual houses compared to apartments. “Those who prefer apartments want them in the core areas of the city with private builders of repute. When Muda proposed a residential complex, there was a huge demand as the project site was within the city limits,” explained a builder.
An officer from the KHB said the last date for the application has been extended till May 2. “We are confident that the public will show interest in this project,” he said.
Srihari Dwarkanath, chairman, CREDAI, Mysuru, attributed the uncertainties involved in the housing projects taken up by govt agencies for the poor response. “Earlier, govt agencies enjoyed more trust when it came to various housing projects. But currently, with no new projects for a long time, the trust in govt agencies has come down among the public,” he said.
