HSR Layout today is one of the most significant locations of the Bangalore city and its growing demands paves way for more commercial sites in and around the locality. Bangalore Development Authority (BDA) is the sole body behind all these site allotment and maintenance across the sectors of HSR Layout and has well aligned all residential and commercial sites. From the very first day of its existence space was maintained between these two segments for a better harmony of both commercial and residential section.As far as the Bangalore Development Authority is concerned all the commercial sites are mostly allotted through auction process and is advertised on all the local and national news dailies along with some local broadcasting channels of the city. These commercial sites are of varied shape and sizes and a minimum rates are fixed accordingly at the time of auction and the highest bidder go for the ownership of that particular commercial site at the auction ground. These auctions are mainly held on the head office of the BDA at Kumarapark West, Seshadripuram or at the BDA Complex at the 4th Sector in HSR Layout. Apart from this, some main road facing residential plots also been witnessed to transformed into commercial sites gradually as the lucky owners of these sites mostly construct commercial complexes along with the residential portions. Hence there upon commercial norms get imply on these kinds of sites for all the relative amenities like water supply, electricity and even the property tax which comes under the commercial rates. Individual going for bigger size commercial units can also apply for CA sites here with relative terms and conditions to the concerned authorities. For more updates on commercial sites in HSR Layout log on to www.propertykhazana.com.
Apartments, Flats and Property for Sale in Hsr Layout