Vastu considerations have become a key factor in the declining demand for Bangalore Development Authority (BDA) flats, despite their affordability. With over 3,500 units still unsold, BDA is facing financial difficulties and has sought assistance from private builders to help sell the remaining inventory.
Out of the 11,917 units constructed, 3,586 remain unoccupied. Despite efforts to boost sales through online platforms, flat sale fairs, and bulk buyer discounts, the desired results have not been achieved. A senior BDA official noted that several factors were contributing to the slow sales, including the lack of Vastu-compliant designs, which is an important consideration for many potential buyers.
The official also pointed out that many BDA housing complexes are located on the outskirts of the city, where road and Metro connectivity is insufficient, making them less attractive compared to centrally-located private developments. Persistent issues such as unreliable electricity supply and complaints about poor construction quality have further discouraged buyers. Even the rental market has stagnated, with residents reporting low interest from potential renters, compounding the issue.
Supriya Girish, a resident of Vijayanagar, recounted her experience, explaining that after purchasing a 2 BHK flat in Gunjur two years ago and doing interior work to rent it out, she found no one was interested in renting it due to the location. The distance made it difficult for her family to commute, leaving them stuck with the flat.
In response to these challenges, BDA is increasing its collaboration with private builders to facilitate flat sales. The authority is also focusing on improving apartment management through residents' associations to ensure better maintenance and community living standards.
NA Harris, MLA and chairman of BDA, acknowledged the difficulties in accommodating all buyers' preferences, explaining that while some people believe in Vastu Shastra, others do not, making it challenging to design homes that meet everyone's expectations. He added that BDA was negotiating with private builders and taking steps to manage the unsold flats through apartment residents' associations. Harris further noted that BDA was offering homes at a very low price to ensure affordability, as buying a house from private builders in the city is costly.
BDA Commissioner NS Jayaram mentioned that several programmes were being planned to boost the sales of BDA flats, expressing hope that strategic collaborations and improvements in infrastructure would eventually revive demand, benefiting both the authority and prospective homeowners.
