08-09-2026
click for PUBLIC ANNOUNCEMENT REGARDING LOTTERY SCHEDULE DATES OF SURYANAGAR PH-II EXTENSION RAJAPURA PROJECT , BENGALURU URBAN DISTRICT
Latest News: Lottery Allotment List is Released
The Karnataka Housing Board (KHB) Surya Nagar Phase 4 project in Anekal Taluk has once again come into focus as the long-awaited lottery process is finally scheduled. This project, originally announced in 2019 before COVID-19, is now moving toward allotment after a delay of nearly 6 years.
This article provides complete details including lottery date, number of sites, pricing, eligibility, rejection reasons, location insights, and investment analysis.
REVISED FINAL ELIGIBLE AND IN-ELIGIBLE APPLICANT LIST OF SURYANAGAR 4TH PHASE, BENGALURU URBAN DISTRICT.
PUBLIC NOTICE ABOUT THE LOTTERY SCHEDULE DATE FOR SURYANAGAR PH-IV ,BANGALORE URBAN DISTRICT
Lottery Date and Schedule
The official lottery for Surya Nagar Phase 4 is scheduled as follows:
- Date: 23rd (Saturday)
- Time: Around 10:00 AM (may extend to 11 AM or 12 PM)
- Result Availability: Uploaded on KHB website within a few hours (typically same day)
Applicants can attend physically, but even if they do not, results will be published online quickly.
Total Sites and Allotment Details
When the scheme was originally announced in 2019:
- Total planned sites: 20,000+ plots
However, in the current phase:
- Only ~4,000 sites are ready for allotment
Expected Category-wise Distribution (Approximate)
- EWS (Economically Weaker Section): ~1000 sites
- LIG (Low Income Group): ~2000 sites
- MIG (Middle Income Group): ~800 sites
- HIG (High Income Group): ~200–300 sites
The remaining plots are expected to be released in future phases.
Application Data and Competition
- Total applications received: 20,000+
- Example:
- EWS category alone: ~5000 applicants
Important Note on Rejections
A significant number of applications have already been rejected due to:
- Missing income certificate
- Income exceeding eligibility limits
- Incorrect category selection
- Incomplete documentation
- Payment of less than required deposit
Applicants who were rejected will not be considered in the lottery.
Pricing Details (Updated Rates)
Current Price (2026)
- EWS: ₹1425 per sq.ft (approx)
- LIG / MIG / HIG: ₹2800–₹3000 per sq.ft
Old Price (2019)
Price Increase Reason
- Post-COVID real estate boom
- Increased land and development costs
- Infrastructure development in surrounding areas
Example Cost Comparison
For a 1200 sq.ft plot:
- Earlier (2019): ~₹18 lakhs
- Now (2026): ~₹34 lakhs
This sharp increase has raised concerns among applicants who expected lower pricing.
Location Details
The Surya Nagar Phase 4 layout is located in:
- Indlwadi village, Anekal Taluk (near Jigani, Bangalore)
Connectivity
- Accessible via Jigani–Anekal Road
- Close to:
- Jigani Industrial Area
- Electronic City
- Attibele
- Chandapura
Nearby Developments
- Proposed Satellite Town Ring Road (STRR)
- Proposed International Stadium (planned in nearby region)
Reality of Stadium Impact
Many buyers are assuming high returns due to the proposed stadium, but:
- Stadium projects take 5–10+ years
- Entry/exit will likely be through main highways, not local layouts
- Development impact on nearby plots is uncertain
Conclusion:
Do not invest purely expecting gains from the stadium.
Demand Survey and Project Delay
- Demand survey started several years ago
- Typically, such government projects take:
- This project took:
- ~6 years due to COVID and delays
Similar surveys are ongoing in:
- Hoskote
- Devanahalli
- Tumkur
- Dharwad
- Ballari
- Kalaburagi
- Hassan
Future Supply Risk
Even after current allotment:
- ~10,000 plots are still pending
- Additional land is held by farmers
- More plots may enter open market after registration
Impact:
- Increased supply
- Possible price stagnation
- Slow appreciation in short term
Lease Conditions and Restrictions
- Likely 5-year lease/lock-in period
- During this period:
- Selling is restricted
- Penalties may apply for violations
Lease clarity may vary by category (EWS likely stricter).
Investment Analysis
Not Ideal For:
- Short-term investors
- People expecting quick resale profits
- Buyers relying on speculative growth
Suitable For:
- End users planning to build a home
- People working nearby:
- Jigani
- Electronic City
- Anekal
- South Bangalore
Long-Term View:
- Holding period of 10+ years recommended
- Moderate appreciation expected (not exponential)
Real Estate Risk Factors
- Large upcoming supply
- Government-controlled allotment phases
- Market saturation possibility
- Uncertain infrastructure timelines
Key Buyer Considerations
Before investing, ask:
- Can you hold for 10+ years?
- Is location suitable for daily commute?
- Are you buying for living or investment?
- Can you manage higher revised pricing?
What Happens After Winning Lottery
If selected:
- Allotment confirmation
- Payment schedule
- Bank loan processing
- Registration
- Plot possession
- Construction planning
Final Verdict
- Good for: End-use and long-term holding
- Average for: Investment
- Not suitable for: Short-term profit seekers
The project offers decent value for those planning to live near South Bangalore but requires patience and realistic expectations.
