Infrastructure is the lifeline of any city. While it enhances connectivity to different parts of the city, opens up inaccessible areas for development, and connects the city with other parts of the country, good civic infrastructure also promotes a city as a brand. It showcases the city as efficient, well-planned and growing in an orderly manner, thereby attracting investments.
Bangalore has been witness to a dramatic change in its real estate landscape and growth story, thanks to periodic infrastructure upgrades. The best instance of infrastructure giving impetus to growth can be seen in Bangalore north. Expressway advantage While NH-7 was already being upgraded as part of the Golden Quadrilateral project, the 22-km improvement to Bellary Road with the elevated expressway, to aid travel to the airport, has further strengthened the prospects of locations around.
Along with the Hebbal flyover and connectivity through the Outer Ring Road (ORR), there is a seamless connect between the economic centres in the south and the east.
Zahed Mahmood, Director, Silverline Realty, says, “The Bellary Road expressway has made travel to the airport smooth, less time-consuming and easy. It also gives a good impression about the city as people enter the city. From the long-term perspective, Jalahalli, Yelahanka, Doddaballapur Road, Amruthahalli and locations around the airport will pick up. Travel to the textile park beyond Doddaballapur Road is easier for garment exporters transporting their goods to and from the city. The mid-segment homes are picking up around here.“
Many developers have already planned projects up to Chikkaballapur. Social infrastructure will also pick up in the belt. A couple of malls have been planned around Yelahanka.
Metro Rail connectivity Of the two new lines that have been planned as part of the Phase II of the Metro Rail project a 22km line will connect Gottigere in the south with Nagawara in the north. In Phase III, a line will connect locations between Carmelaram in the south and Hebbal, up to Kogilu Cross.
Irshad Ahmed, President, Bangalore Realtors’ Association of India (BRAI), explains, “The Metro will give an extra edge to locations in the north. Bangalore north has been completely transformed with the widening of Bellary Road. The widening of Hennur Road and Thanisandra Road has given a boost to residential property development in locations around. It is only a matter of time before commercial development also takes place here.“
Peripheral Ring Road The planned Peripheral Ring Road (PRR), will connect key arterial roads in the peripheries. Phase I of the project will cover around 65 km from Tumkur Road to Hosur Road linking Doddaballapur Road, Bellary Road, Old Madras Road and Sarjapur Road. Tenders for land acquisition have been called for presently . While connecting key industrial and commercial belts, it will also give a thrust to development in the suburbs.
Irshad explains, “The PRR will open up new pockets for development in areas where there are many land banks. Mid-sized housing will get a boost in the outskirts thanks to the PRR.“
Source: Times Property, The Times of India, Bangalore