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Vol. XLVIII · No. 134 · Established 1978 · Founded by K.B. Ganapathy
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MDA e-auction done to boost real estate in Mysuru: Kautilya Raghu

Mysore/Mysuru: A couple of days after two MDA sites in Vijayanagar fourth stage measuring 20x30ft and 50x80ft went for a whopping Rs. 2 crore and Rs. 9 crore respectively in a MDA…

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Published August 25, 2025 · 3 min read
mda e-auction done to boost re

Mysore/Mysuru: A couple of days after two MDA sites in Vijayanagar fourth stage measuring 20x30ft and 50x80ft went for a whopping Rs. 2 crore and Rs. 9 crore respectively in a MDA e-auction, State BJP OBC Morcha President Raghu Kautilya said that such shocking prices in e-auction might be a hidden attempt to boost the sagging real estate sector in Mysuru, which has been witnessing a downward trend following the unearthing of 50:50 alternative sites allotment scam last year.

Addressing the media persons at BJP Office in Chamarajapuram here this morning, Raghu said that the 50:50 alternative sites allotment scam in the then MUDA is one of the biggest scams in the State, resulting in a loss of thousands of crores to the Government. Subsequently, the Government scrapped MUDA and established a new Authority— Mysuru Development Authority (MDA). The MDA, which recently e-auctioned 200 of its sites, has announced that a 20x30 ft site in Vijayanagar went for Rs. 2 crore, while a 50x80 ft site in the same locality went for Rs. 9 crore, which has shocked everyone.

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