Chikkabalapur, Gopalkrishna Amanikere

Chikkabalapur, Gopalkrishna Amanikere

- Total Extent: 100 Acres
- Phase 1: 50 Acres
- Phase 2: 50 Acres in 3-6 months
- Ready for legal: 100 Acres
- MoU: 5 Cr for 100 Acre accounted in goodwill account
- JDA/GPA: 60A
- Joint-Registration: 40A
- Payment mode: Cash & Cheques

Terms & Conditions
Scenario 1 (100 acres)
- ⁠Advances: 30 Cr goodwill; 20 Cr Advance
- ⁠Development ratio in %: 40(Developer) : 60(Land Lord)
Note:- This condition is for the existing road of 30 feet. Here, the change of land use(CLU) is done by the incoming developer.

Scenario 2 (110 acres)
- ⁠Advances: 30 Cr goodwill; 35 Cr Advance
- ⁠Development ratio in %: 40(Developer) : 60(Land Lord)
Note:- This condition is for a new road approach(to be purchased) of 60 feet from the highway. Here, the change of land use(CLU) is done by the incoming developer.

Scenario 3 (110 acres)
- ⁠Advances: 40 Cr goodwill; 40 Cr Advance
- ⁠Development ratio in %: 45(Developer) : 55(Land Lord)
Note:- This condition is for a new road approach(to be purchased) of 60 feet from the highway. Here, the change of land use(CLU) is done by the Land lord.