Bengaluru to Get 5000 Affordable Flats at Half Price: KHB Reveals Locations

• Karnataka Housing Board (KHB) plans to build 5000 affordable flats in Bengaluru for working-class and low-to-middle-income families.
• Flats will be available at approximately 50% less than the market price, targeting those struggling with high rents and inflation.
• The project is part of a larger state initiative to construct 1 lakh residential plots and 10,000 houses across Karnataka, costing Rs 8778.50 crore.
• KHB has identified 230 acres of land in Bengaluru, including 90 acres in Surya Nagar, 80 acres in BM Kaval, and 10 acres near KR Puram.
• A detailed proposal has been sent to the state government for final review, with construction to begin in phases upon approval.

Why It Matters: KHB will provide 5000 affordable flats in Bengaluru at half market price, offering relief to working families.