According to market news, few landowners have signed off on voluntary surrendering of land and getting compensation for the same. Referring to the individuals who have done away with their land, the court confirmed that the acquisition proceedings, which are set at naught, would not impair the state to make necessary accommodation for such allottees.
the area allotted for Phase-IV has shrunk down at regular intervals due to a number of reasons. Change of land utilization by the Bangalore Development Authority, the presence of a tank in the land allotted, procurement of some land by the BDA and crossing out of any particular area on government’s order due to a lag in the acquisition are the few primary reasons for reduction in land size.
In a move to make Bangalore the Silicon Valley of the nation, the concept of Electronic City was developed for which the government had initially procured huge acres of land. 370 acres, 340 acres and 100 acres of land have been acquired for for Phase I, Phase II and Phase III respectively. To expand the horizons of the E City, the government issued a notification in 2003 to procure 224 acres 33 guntas for Phase IV. The land in question is located in Veerasandra and neighbouring villages of Attibele hobli.
According to the court, the land proposed for acquisition was not adjacent to the rest of the phases (Phase 1, Phase 2 and Phase 3) as confirmed by the Karnataka Industrial Areas Development Board. Hence, the acquisition was termed as “ arbitrary” by the court. In tune with the court’s order, E City phase IV will now encompass an area of 39 acres, instead of the previously notified area of 224 acres.