Since its inception, the BDA has constructed a total of 11,917 flats across 38 sectors. Out of these, 8,331 have been sold, leaving 3,586 still on the market. The BDA has invested crores of rupees in building these housing complexes, and the unsold flats have added to the financial burden. Sources said that several reasons have been cited for the decline in demand.
Sridhar Vivan is a journalist based in Mysuru, Karnataka, with a focus on local news and events. He is a regular contributor to The Economic Times, covering a wide range of topics including tourism, infrastructure, water conservation, and city developments. Sridhar's articles provide insights into the local issues and developments that impact the people of Karnataka.