Know Everything About Karnataka Housing Board (KHB)

By Investoxpert | 01 Jul 2021 | Guide

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Know Everything About Karnataka Housing Board (KHB), After succeeding the Mysore Housing Board, the Karnataka Housing Board came into force in the year 1962. It was formed to overcome the flaws in the housing sector and fulfil the needs in the state of Karnataka.

 

Why There Was A Need To Establish Karnataka Housing Board?

 

This board has helped people in a broad prospect that provides affordable properties to the people in the state. It has enhanced the quality living by facilitating world-class amenities to the residents.

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This committee has taken the charge to develop both, residential and commercial properties across the state to make are a budding investment destination for all. Offering it at economical prices, with the objective to provide a good standard of living to the citizens of Karnataka.

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What Are The Main Functions Of The Karnataka Housing Board?

 

Karnataka Housing Board is a great establishment that has helped in many ways and the major duties of the Karnataka Housing Board for the residential property in Bangalore are:

 

• It ensures that people get to live in eco-friendly surroundings.

• Make developments faster with better infrastructure and urbanise areas.

• Helps in living the quality life for the people of Karnataka.

• Presents the options of affordable housing infrastructures.

 

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What Online Services are given By The Karnataka Housing Board?

 

The Karnataka Housing Board boos the real estate in Bangalore through official portals by providing online services such as:

 

• Issuance of sale deeds

• Approval of building plans

• Online application for projects

• Online payments

• Refunds of the initial deposits, etc.

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Karnataka Housing Board Schemes

 

Principal Secretary, Department of Housing is the governing entity for the Karnataka Housing Board. It all comes under them to execute various schemes and plans for providing housing and accommodation to all the people at an affordable cost. The KHB is also accountable for providing affordable housing flats under the categories of LIG, MIG and HIG.

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For example, the KHB Composite Housing Scheme in Kenchalagudu, Mysore, is a housing project developed and undertaken by the Karnataka Housing Board.

 

List of Main Projects Developed By The Karnataka Housing Board

 

The housing board in Bangalore has come up with the following projects at various locations:

 

• Residential project in Hoskote, Bengaluru: Spread over an area of one acre, the building has 68 units to offer in 2BHK apartment in Bangalore and 3BHK configurations. With all world-class and ultra-modern amenities available here, makes it the most successful projects by the Board.

 

• Residential project in Swami Vivekananda Nagar: This is another residential project, which is currently under construction and is expected to be ready for possession by June 2022. Around 153 units are available here, in 2BHK and 3BHK apartment in Bangalore formats.

 

• Residential project in Budigere Cross, Bengaluru: This is another project which will be ready for possession by March 2021. The project has three buildings with 593 units of 2BHK and 3BHK apartments.

 

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• Residential project in Whitefield, Bengaluru: This project offers plotted developments to home buyers, in a residential colony. Spread over an area of 12 acres, this one of the biggest projects of the KHB.

 

These are just few and there are several others apart from these residential projects that are being developed by the KHB, which are currently under-construction in Bangalore and in the neighbouring locations.

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FAQs

 

Where is the headquarters of KHB?

 

The KHB’s main office is located at KG Road, Bangalore.

 

Who is the chairman of KHB?

 

Araga Gnanendra is the chairman of the KHB.

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