Ashwin Mahesh has been involved in public policy for Bengaluru through his work with the Karnataka government. The views expressed here are his own. He is a member of the Lok Satta party. He is also CEO of Mapunity Information Services, and a director at Oorvani Media, publisher of Citizen Matters and India Together. He is also a visiting faculty with the Centre for Public Policy at IIM Bangalore.
Whatever the causes, and whatever the justifications for economic tension, we seem to be just going through the motions, and not really pausing to reflect, either on how we got here or what we should do now that we are here.
BBMP, BDA, BESCOM, BWSSB, and other organisations should stop the practice of accepting deposits and payments from developers on behalf of home owners. Instead, they should set up a system by which the home owners
While the actual amount required to construct the Peripheral Ring Road is around 650 crores, the Bangalore Development Authority is planning a mega project of 4500 crores, where land and money get wasted.
While more footpaths need to be developed around Metro stations, the real estate madness needs to be reduced. A higher Floor Area Ratio of 4.0 is being proposed for properties within 150 meters of all stations.