Bangalore Suburbs Set to Get a Developmental Boost

Bangalore suburbs are prepared to get a boost in terms of residential prices because of the growth corridors being planned around and in Bangalore. As a city, Bangalore has an advantage over the other Southern cities which is that it can expand in all four directions. The right kind of planning is required in order to make it grow. Because of the growth taking place in the city, the connectivity of suburban areas is slated to improve significantly.

What is causing this growth? 

The KIADB or Karnataka Industrial Areas Development Board has been acquiring tracts of land for the purpose of development. Other authorities which are collaborating for the sake of development of civic infrastructure area Bangalore Development Authority or BDA, the BBMP or the Bruhat Bangalore MahanagaPalike and the NHAI or National Highway Authority of India. The acquisition of lands for the purpose of developing civic infrastructure is going to directly impact residential projects here.

If the growth corridors are expanded then localities such as the BTM Layout, Banaswadi, Hosur Road, Hennur, KR Puram, Sarjapur, Kasavanahalli, Tumkur Road and Hebbal and Magadi Road. The state government is focusing on the Metro line along with the state highway which is set to impact the Mysore Road and makes it connected to the city centre without glitches. There has also been talks of an initiative for making the KR Puram-Hebbal to be signal free which would reduce travelling time between East and North Bangalore and it would act as a boost to the residential projects which fall along the route.

Elevated Expressway on the Tumkur Road

The second stage of growth is supposed to be taking off in west along the Tumkur Road. In the last two years, Tumkur Road and the areas near it became focused upon by landowners because land parcels are available and the connectivity of the area is slated to improve in the coming years.

When the elevated expressway of Tumkur Road would come up alongside the existing highway, travelling to Nelamangala is slated to better. The announcement of the BMIC or Bangalore Mumbai Industrial Corridor is slated to impact the whole NelamangalaTumkur Corridor in the north western region. Areas such as Dabaspet, Nelamangala and Peenya are supposed to be impacted.

The Peripheral Ring Road which is being planned will connect the key arterial roads of Old Madras Road, Bellary Road, Sarjapur Road and Hosur Road to Tumkur Road and development by this route would be promoted as well. Moreover, connectivity through NICE Corridor would further provide incentive to development of this region and people can expect the interconnectivity of the area to improve much.

Connectivity via Metro 

The metro railway is an ambitious project which is slated to serve the expansion of a rapidly growing city such as Bangalore. The first phase of the metro railway which would connect key areas of the city is slated to be operational by 2015 while the Phase II shall be an extension of the Phase I tracks which would connect to JP Nagar in South, Whitefield in East, Nelamangala in North and Kengeri in West.

 

Moreover, two lines more are supposed to ply from Nagawara to the area of BTM Layout and Gottigere to Bommasandra. By 2019, this phase of the metro railway is slated to be operational. Plenty of projects such as those of 3BHK, 2BHK and 1 BHK flat in Bangalore are available but what a buyer must ascertain are issues such as safety, lifestyle amenities and water prior to buying a property.

Infrastructure is much crucial to the development of any city because it improves connectivity in various parts of a city and also makes inaccessible areas more accessible. A city with good civic infrastructure in place is also great as a brand. It shows that a city is efficient and planned well and is growing in an organized way and hence should attract investments.

The growth story and landscape of real estate of Bangalore has been quite dramatic because of the periodic upgrades in infrastructure. The biggest example of infrastructure leading growth has been seen in north Bangalore. NH 7 has been upgraded as it is a part of Golden Quadrilateral project while a 22km stretch to Bellary Road has been improved with an elevated expressway which allows easy travelling to the airport. These infrastructural improvements have led to the strengthening of locations all around. The economic centres of the east and south have been connected well via the ORR or Outer Ring Road and the Hebbal flyover.

The expressway of Bellary Road has made commuting to the airport smooth, easy and time saving. People entering the city would have a good impression of it. Areas such as Amruthahalli, Yelahanka, Doddaballapur Road and Jalahalli would pick up in the long run. Those who work in the textile park close to Doddaballapur Road find it easier to trade within the city. Realtors believe that the middle segment homes would do well here. A lot of developers have planned projects near Chikkaballapur for 3 and 2BHK along with 1BHK in Bangalore. Several malls have also been planned in Yelahanka.

The Phase III of the Metro Railway shall have lines which would connect areas such as Camelaram in South and then Hebbal and Kogilu Cross.  An added edge shall be provided to residents of north Bangalore with Metro connectivity. Already a good part of north Bangalore has been boosted thanks to the Bellary Road widening. Widening of Thanisandra Road and Hennur Road has provided a boost to home property development in the areas close by. Very soon, commercial developments are slated to take place.

The Peripheral Ring Road that has been planned shall be connecting several key arterial roads. Roughly 65kms shall be covered in the Phase I of this projects, from Hosur Road to Tumkur Road to Doddaballapur Road, Old Madras Road and Bellary Road and Sarjapur Road. Land acquisition tenders have been called and this is slated to provide some boost to the suburbs, aside from aiding important industrial and commercial development. Mid sized housing would primarily be boosted because of the creation of the PRR.