Govt not to auction excess land acquired for BIA
The Karnataka govt will not auction the 409 acres of excess land acquired for Bengaluru International Airport at Devanahalli on the outskirts of the city but give it out on lease.
By PTI |
BANGALORE: The Karnataka government will not auction the 409 acres of excess land acquired for Bengaluru International Airport (BIA) at Devanahalli on the outskirts of the city but give it out on lease, Minister for Tourism and Infrastructure Development, G Janardhan Reddy said on tuesday.
"No question of auction. It will only be given on a lease basis," he said, responding to H D Revanna (JDS) during the question hour in the Legislative Assembly.
"The land, the price of which is Rs 3 crore per acre, was being utilised to put up facilities/projects and other commercial ventures relating to the BIA," he said.
Of this excess land, the Government has alloted 83 acres and 25 cents to the Bangalore Metropolitan Transport Corporation, Mysore Sales International Limited, tourism department, central meteorological department, customs department and New Mangalore Port Trust, among others, Reddy said.
"No question of auction. It will only be given on a lease basis," he said, responding to H D Revanna (JDS) during the question hour in the Legislative Assembly.
"The land, the price of which is Rs 3 crore per acre, was being utilised to put up facilities/projects and other commercial ventures relating to the BIA," he said.
Of this excess land, the Government has alloted 83 acres and 25 cents to the Bangalore Metropolitan Transport Corporation, Mysore Sales International Limited, tourism department, central meteorological department, customs department and New Mangalore Port Trust, among others, Reddy said.
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