KDA may reduce cost of flats

KANPUR: Compounding of sealed buildings and reducing the cost of flats in multi-storey buildings would be two main issues which would be discussed in KDA board meeting to be held on February 14.
According to sources, reducing the administrative cost in multi-storey buildings and compounding of sealed buildings are two issues which might be discussed.
Sealed building owners were waiting for state compounding policy.
In other proposals, circle rates, rate revision of several schemes and auction of KDA properties and transfer of KDA colonies would also be discussed.
KDA had sealed more than 300 under-construction buildings because these were not being raised according to sanctioned building map. Chief engineer SN Tripathi said that tenders for various schemes had been floated.