BENGALURU: Bangalore Development Authority (BDA) officials on Tuesday recovered four acres of prime land worth Rs 300 crore in Nagawara, north Bengaluru.
A building and sheds were erected there illegally, said officials. A senior official said the recovery isprobably the largest in BDA’s history when it comes to land value. “Unauthorised persons built a fivestoreyed building there. We have not yet demolished the structure but removed the sheds and other encroachments,” he said.
In 1985, BDA passed a notification to acquire survey number 75 in Nagawara for forming HBR II Stage layout, and the related acquisition was done in 1988. While 1 acre and 26 guntas of land was used for constructing a Ring Road, 4 acres and 17 guntas were kept aside for the layout. BDA said unauthorised properties worth Rs 5,000 crore have been identified across city and will be recovered soon.