Muda housing project shelved despite positive response from people, ET RealEstate
MYSURU: The Mysuru Urban Development Authority (Muda) officially shelved its ambitious group housing project, even after receiving over 26,000 applications in the demand survey. No reasons were cited for dropping the plan.
For the last four years, in its annual budget presentation, Muda had announced allocating of Rs 250 crore for the proposed project. However, this year, in the 2025-26 budget presentation, there is no mention of the project.
Mysuru is witnessing tremendous development with rapid progress in several sectors including real estate, house construction, building construction, health, education, and tourism. This is due to its close proximity to the state capital, Bengaluru, with better road, rail, and air connectivity. The demand for homes and sites in Mysuru is increasing every year.
Muda alone received 80,000 applications seeking the distribution of sites from applicants who have been waiting for several years.
With all these developments and the demand for sites increasing, Muda had planned to build group housing projects along the lines of the BDA. It conducted a demand survey for this project and received an overwhelming response of about 26,000 applicants.
With this response, Muda had announced plans to build group houses consisting of 12 multi-storied building complexes after identifying different locations in various areas of the city, such as Ramakrishnanagara, Gokulam, Vijayanagar fourth stage, and second main in 2021.
Muda prepared a detailed project report for these projects at these locations at the cost of Rs 250 crore, after obtaining necessary approval at its board of directors meeting. It also forwarded this proposal to its higher-ups in the state urban development department, seeking final approval from the state govt.
Even during the 2021 historic Dasara procession, Muda displayed a tableau highlighting the group housing project buildings in the city. This tableau received huge appreciation from site applicants and group housing buyers from MUDA.
However, sources in Muda now say that they have dropped this project citing that the project is not feasible due to a paucity of funds, as it requires huge funds. The govt is also not ready to sanction such a project at its levels due to recent developments and controversies in Muda.
Speaking to TOI, DC G Lakshmikanth Reddy, who is also Muda chairman, said that instead of the group housing project, “Muda has now focused on the development of new layouts after buying land from farmers and distributing sites to its applicants. Due to a paucity of funds, Muda has dropped its plan for development of group housing projects during this budget presentation,” he said.
