Bangalore on the verge of a makeover!

The cyber city of India is soon to witness a major facelift. The city is looking forward to a massive investment of Rs. 25000 crores for the development of a number of integrated townships.

Karnataka realty sector is escalating at a good pace and government seems to be enthusiastic. The state high level committee has lately approved 59 construction projects worth over Rs 60,000 crores. Also, the committee has also shown a green signal to various IT related projects that are expected to come up at Sarajpur Road, Whitefield, Magadi, and Bidadi.

Bangalore has always been an apple of the eye of various IT companies and the construction of massive IT campuses a boon for the city’s growth in terms of real estate. But at the same time, the lack of infrastructure facilities in Bangalore forced a number of IT companies to take route to cities such as Hyderabad and Chennai for setting up their operation centers. However, now with the upcoming self contained townships, the problem of infrastructure will find its solution which in turn will be an invitation to various IT companies.

The intentions now are to develop Satellite Townships in Bangalore. The project is to be created on 9684 acres of private land, in Ramanagaram constituency. Indeed, the list of bidders who are trying hard to grab the project includes the names of major construction consortiums such as Shanghai Urban Construction Corporation and Singapore based Jurong Construction Company.

These projects have been inspired from the countries like China, Singapore, and the US. On completion, these would enjoy the status of being modern township projects with international standards in the country. These projects are all the more unique as they promise to make life easy for the residents by offering a host of amenities, less of congestion and traffic in a serene atmosphere.




Contributed By : Pankaj Thukral