CM DK Shivakumar announces 50% discount on Guidance Value for 1 lakh property owners

Chief Minister DK Shivakumar announced a 50% discount on the Guidance Value (GV) for around 1 lakh site owners with unregistered documents under Bangalore Development Authority (BDA). This initiative helps owners who purchased or built houses on BDA lands before 2008. The last date to file an application for this initiative is December 17. The CM also announced the introduction of an application-based process for allotment of marginal land and an 'Absolute Sale Deed Mela' for 20,000 allottees.