Karnataka Housing Board
The housing board of Karnataka came in to existence in the year 1962 as a result of the Karnataka housing board Act. Before the establishment of Karnataka housing board, the Mysore Development Authority was held responsible for the housing sectors development. The existence of Karnataka housing board has brought about the availability of homes to the inhabitants of Karnataka with decent and affordable modules of amenities and budget. Unlike the housing boards operations of its neighbours, the housing board of Karnataka takes care of the recognition and development the project site. It has been equipped with efficient engineers and architects who plan the basic lay out of the project. The Karnataka housing board is very responsible as it supervises and directs the module for implementation of meticulously drafted housing schemes. Also the clarity of housing board act is so defined that the land speculations are subjected to jurisdiction of the government of Karnataka.
Talking about the schemes implemented by Karnataka housing board, we can name a few like: Composite Housing Schemes, Group Housing Schemes, Satellite Townships, Office Complexes, Labour Housing Schemes, Multi storied Apartment High Rises and Commercial Centres. The protocol followed for these housing schemes is generally based on LIG, MIG, and HIG categories which are again based on the prices of the houses put on auction. Housing board not only builds residential sectors but also provides facilities like asphalted roads, drinking water supply, drainage system, electricity, adequate sewage system and street lights. Some high end townships developed by the Karnataka have Commercial Plazas, retail outlets, small offices and also entertainment zones. Until the cost break even occurs, the Karnataka housing board takes care of amenities and receives tax for using these complexes. After meeting the costs the housing board would give away this responsibility and revenue option to the local Municipal commission. Many complexes erected in cities of Karnataka are generally built based on this scheme of housing boards. Due to its foresight and implantation planner of its schemes, housing board of Karnataka is one of the most popular government organisations in the state.