BDA – Local Jurisdictional Authority
Bangalore Development Authority was created by an Act of the Karnataka State Legislature for the specific purpose to accelerate the development of housing, infrastructure, civic amenities and public facilities which would otherwise not have fallen upon any one single jurisdictional authority under the local government or the state government.
BDA Approval
Bangalore Development Authority (BDA) had been for decades undertaking construction of residential layouts consisting of developed plots, constructed flats, row houses etcetera. Apart from these, BDA also created provisions for the private real estate developers to develop plots for sale after getting the formal approval of BDA’s Jurisdictional Authority. This was done on one hand to lessen the burden on BDA to offer developed plots for sale in all the residential and upcoming real estate bearing areas.
BDA Approved Plots for Sale
BDA evaluates upcoming residential localities wherein it sees considerable scope for private developers having a constructive role to play in developing residential sites. Here, it invites the Expression of Interest [EOI]. After careful evaluation of the technical and financial bids, it accords its award of rights for plot development to the bidder with the best technical competence and the most economical terms of sale of BDA approved plots plots in bagalur
Prospects
We are at transitional cusp where innovative work place concepts are becoming basic needs. Work place innovations are tending to be a three-way win strategy. Organizations vouch for it as they enhance their abilities to hire talent and retain also sites in sarjapura road
Employees also find these favorable as it caters to different kind of interaction formats from one-to-one through to many-to-many. It becomes easier to collaborate and balance work-life aspects. The natural environment is also a winner as commuting requirements are minimized.
Declining headcounts have kept the real estate to a minimal while prices of corporate houses are increasing as time goes by. So the perceived role of corporate houses is also undergoing a shift. The social and behavioral aspects of the employees will need close attention like sites in sarajpura road
These components fall within discrete departments of an organization. But for pace with the changing times, these would have to be clubbed under one department.