•BDA has 2,294 unsold units in Bengaluru, despite offering properties at prices significantly lower than private developers.
•Primary deterrent for buyers is lack of basic habitability, including poor road connectivity, absence of streetlights, and inconsistent water supply in peripheral areas.
•Older constructions show neglect with water leakage and structural dampness; lack of effective Apartment Residents’ Associations leads to maintenance lapses.
•Many owners struggle to find tenants due to remote locations and lack of amenities, even at low rental yields.
•BDA's decision to hike villa prices at Hunnigere backfired, pushing them out of the affordable bracket, with 93 out of 109 3-BHK villas and 96 out of 120 4-BHK villas remaining unsold.