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Airport Sambram Nagar Phase 2

The Trust identifies suitable land in a desirable location for development in to habitable residential locality, The land is divided into residential site of various dimensions to cater to the individual preferences of the members. Adequate space is reserved for various civic amenities like park, education institutions, Post Office, health Centre, Milk Booth, Vegetable and Fruits Stall, etc. as per the stipulations of the Competent Authorities for approving such residential lay-outs.

After successful completion of the development of lay- out in Yarthiganahally (Phase – I), Devanahalli Taluk, the Trust has taken up the developmental work at Shettigere Village (Phase – II), Jala Hobli, Bangalore Urban District.

Airport Sambram Nagar Phase 2 is a BIAAPA-approved residential layout spread over 50 acres. Our layout is adjaacent to the Shettegere Village and is conveniently located. It is accessible to the most vital areas of Bangalore City, including International Airport, Hoskote, KR Puram and there by to Electronic City, BIOCON, Bannergatta Road, Sarajpura as well. It is also very near to the proposed SEZ. It is about a kilometer from Doddajala railway station. There are bus routes to our layout from both Majestic and KR Market.

BIAL Project

Devanahalli, with enhanced connectivity, is emerging as a sister city to Bangalore with major investments pouring in for development. A cumulative investment of close to Rs. 1,15,000 crore worth would develop this once sedate location booming with activity to compete with Bangalore in terms of business and social life. And this is apart from the investments coming in from the hospitality industry and the entertainment sector, which is expected to prop up this place as an ideal social location in addition to an industrial hub.

The developments proposed around the Bangalore international airport are categorized as follows

  • Information Technology / Information Technology enabled services & Biotechnology
  • Special economic zones
  • Residential complexes such as real estate development
  • Hospitality and entertainment
  • Aero‐Industry
  • Medical hub
  • Finance and Business districts

The State government has identified the area in Devanahalli taluk where about 10,000 acres of land would be acquired to set up the Information Technology Investment Region (ITIR). Also among the major projects reported to have received, the Udyog Mitra clearance for the Aero SEZ (special economic zone), an aviation hub in Devanahalli, is expected to see major US civil and military aviation companies as well as the European Aeronautics and Defence Systems (EADS) pump in up to Rs. 11,700 crore as investment.

The Indian initiatives at the SEZ would see Rs. 666 crore of investment from Sobha Nadathur Aerospace Pvt Ltd (Rs. 200 crore) and Dynamatic Technologies, manufacturers of hydraulic equipment (Rs. 466 crore).

MoUs Signed at Global Inverstors Meet

The Global Investors Meet (GIM) was held in Bangalore Karnataka for 2 days on June 4 and June 5, 2010. During the meet 413 MoUs (Memorandum of Understandings) were signed of value Rs 4,73,382 crore. The details of the MoUs signed during the GIM for the projects located around Bangalore International Airport are set out in the table below.

Company Project Location Proposed investment (in Crores) Employment Generation Distance from Phase 2
Narayana Hrudayalaya Pvt. Ltd To set up 5000 Bed Super Speciality Hospital, Star Category Hotel and Service Apartments Singahalli, Bandikodigehalli & Bagalur 990 14,600 About 7 Kms
Shell Technology India Pvt Ltd To set up Technology Centre for Oil & Gas related KIADB Hardware Industrial Area, Devanahalli 1376 1200 About 5 Kms
Hindustan Aeronautics Limited (HAL) To establish a unit for manufacture of “TPE 331 Engine and Engine components, Ring Rolling, Fan cases, Welded Structural assemblies, Maintenance, Repair and Overhaul of Civil Aircraft / Engines and Manufacture of Helicopters” Aerospace SEZ, Devanahalli 2095 1631 About 6 kms
BEML Limited To manufacture Aircraft Components / Assemblies and MRO Activites related to Aerospace Applications at Aerospace SEZ Bangalore International Airport, Devanahalli 316 235 About 6 Kms
Dynamatic Technologies Limited To manufacture Aerospace Components KIADB Aerospace Industrial Area, Devenahalli 466 2100 About 6 kms
IFCI Infrastructure Development Limited To establish a Financial City Devanahalli Industrial Area 997 4300
Trishul Developers To set up 5 Star Hotel, Office Space & Service Apartments Hebbal 119 2100 About 12 kms
City View Bangalore Properties Private Limited To set up Hotel, Office space and Serviced Apartment Bellary road 971 760 About 10 kms
Healthcare Global Enterprises Ltd Comprehensive Cancer Treatment Centre Devanahalli 137 1,000 About 12 kms
Tata Elexi Hardware Design And Development Hardware Park, Devanahalli 486 8683 About 8 kms

 

Aerospace Park

The park with facility for aircraft component manufacturing and accessories was being developed near the airport in 1000 acres area. About 250 acres of the land will be earmarked for a special economic zone (SEZ) in the aerospace hub.

The Aero SEZ is being worked out in collaboration with the US Aerospace Supplier Development Mission to India to introduce American companies to Indian joint‐venture groups, industry representatives, and Western original equipment manufacturers based here. The SEZ would also introduce the US companies to industry and government officials here to learn about opportunities they can exploit through various aerospace programmes.

The aerospace park is being located adjacent to a 1,000 acre electronic hardware park and a 1,000 acre software park, which will enable the aerospace industry to leverage the strengths of the IT sector. The park would include an aviation MRO‐related activities (maintenance, repair, and overhaul) and 250 acre of an export‐oriented aerospace SEZ.

Aerotropolis

Aerotropolis is a word that is created out of two words – airport, and metropolis. Like SEZ, PCPIR or Chemical Hub, it is another new term that we must familiarize ourselves with in order to understand the neoliberal onslaught on the masses. In short, it is an airport township. At its heart there would be an airport, which would be surrounded by residential units, golf courses, hotels, multi‐story residential high‐rises, malls, etc. These are to be the new nerve centers of the modern civilisation.

An Aerotropolis is a city in which the layout, infrastructure and economy are centered around a major airport. Experts in the field are of the opinion that airports will shape business location and urban development in this century as much as seaports did in the 18th Century, railroads in the 19th Century and highways in 20th Century.

The Airport City proposed to be developed would spread over 215 acres and witness over a million people live and work in BIA. BIAL envisages the Airport City to be a flourishing destination in itself, wherein people will not only board/alight from flights but also relax, do business and shop. The City would have more hotels complimenting one another, along with destination retail, serviced apartments, office park and a software campus.

Upcoming Projects

Zuri Hospitality India (Private) Ltd, Indian arm of the global Zuri Group promoted by a consortium of investors from the Middle East, will soon start work on a new hotel project at Devanahalli, near the new Bangalore International Airport. This 150 room five star hotel is being built at a cost of Rs 200 crore on a 6 acre plot and will be operational in the third quarter of 2011.

Other hotel projects that are set to come up in this region include Oberoi at Bangalore International Airport, Hyatt Residency and Oberoi Luxury hotel in the Hebbal lake area, and Taj Airport Hotel and Holiday Inn at Devanahalli.

According to real estate consulting firm Cushman & Wakefield, prices in the Yelahanka‐Devanahalli stretch, right immediately after the Bangalore International Airport project was announced, ruled around Rs 50 lakh to 3 crore per acre. At a time, when sale of residential units have apparently taken a hit due to high home loan interest rates, interest seems to be running high in properties being developed around Devanahalli area.

According to a leading city based broking firm, which has a land parcel of 600 acres for sale in the region, the prices quoted by owners of these land banks range between Rs 25 lakh and Rs 1 crore an acre.

Multiple premium residential complexes coming up in and around Devanahalli are expected to bring ina total investment of Rs. 1500 crores

QVC Realty is aslo coming up with ‘QVC Hills’, which is a residential community, spread over 62.5 acres located at the foothills of Nandi Hills in North Bangalore. Biodiversity 43 Study on Development Potential around Bangalore International Airport Conservation (India) Ltd has on offer the small but much‐celebrated residential BCIL Collective. BCIL has laid its bets on this area, with two more ambitious eco‐projects both residential — which are on the anvil and will be launched later this year.

Mantri Developers has upcoming projects in Hennur, Jakkur and Hebbal that are yet to be announced. Prestige Estate Projects Pvt Ltd has recently launched a premium development, ‘Prestige Golf Shire’ on the foothills of Nandi Hills. Prestige Estates Projects Pvt Ltd will shortly be launching a villa development —Prestige Oasis with 182 independent homes spread on 33.5 acres of land. They are also marketing an apartment complex, Prestige Wellington Park, and Prestige Kensington Gardens is under construction.

The MetroCorp Group, one of the early developers to invest in the potential of North Bangalore, has its flagship project MetroCorp Nirvana, set the trend for luxury residential townships. Riding on this overwhelming success, the MetroCorp Group, in partnership with Singapore’s Jurong International Group, has a pipeline of projects in North Bangalore that cater to value‐for‐money, semi‐luxury and luxury segments. According to Ali Vakil, Director, Vakil Housing Development Corporation Pvt Ltd, North Bangalore still has tremendous potential left, because the upcoming airport still lacks sufficient support infrastructure. In the next few years, this area will witness significant boom in terms of new structures, employment and support services.

The suggested land use plan for the business park as per authority is as follows:

IT Industry

INFORMATION TECHNOLOGY, INFORMATION TECHNOLOGY ENABLED SERVICES & BIOTECHNOLOGY
With Bangalore being home to some of the most high tech industries in India, Karnataka government has initiated the process of creating the third information technology (IT)hub in Bangalore city near its new airport at Devanahalli with an investment of Rs 1,00,000crore. The city already has two technology parks located in south and southeast ‐ Electronic City, and International Tech Park Ltd. The new hub will come up in the northeast part of the city.

The proposed developments around Bangalore International Airport are elucidated in the following sections.

INFORMATION TECHNOLOGY INVESTMENT REGION (ITIR)
The proposed ITIR would be specifically delineated investment region with a minimum area of around 40 Sq.kms. (about 10,000 acres of land),which may include Special Economic Zones, Industrial Parks, Export oriented units, Free trade and Warehousing zones. The ITIR would be a combination of production units, public utilities, logistics, environmental protection mechanisms, residential areas and administrative services, with excellent infrastructure. It is located at a distance of 15 km from Bangalore International Airport. It would be situated at the Nandi foothills near Muddenahalli, Kanivenarayanapura, and Chikballapur. The project has received final central and state cabinet approval on January 28th, 2010 and is under development.

The ITIR is one of the largest infrastructure projects in Karnataka’s history. Total cost is expected to be one lakh crore rupees ($22 Billion). The initiative will provide direct employment to 1.2 million people and indirect employment to 2.8 million. Development would involve a Centre‐State partnership in conjunction with private partners. The region would be developed as an integrated township through public private partnership. The township will have residential areas, schools and other public utilities, and will include environmental protection mechanisms.

Basic infrastructure such as road, rail and telecommunication links would be provided by the Centre. The State governments would provide physical infrastructure and utilities, including power, water, sewerage and effluent treatment facilities. The Karnataka State Electronics Development Corporation (KEONICS) has recently issued Expression of Interest (EOI) for developing the region. 55 multinational IT companies including Infosys, Wipro, TCS, and Cognizant have signaled an interest in joining.

OTHER PROPOSED DEVELOPMENTS
Infosys have planned to invest Rs. 710 crore for 12,000 seat software developments centre over 40 acres in Devanahalli Industrial Area. Wipro have also planned to come up with IT/ITeS SEZ in Devanahalli taluk, employing 15,000 people, at an investment of Rs.477 crore. The other investment proposals approved by the authority are as follows:
Proximity

  • Adjoining to Karnataka State “Special Economic Zone”(SEZ).
  • Approach to Bangalore International Airport / Nandi Hills.
  • Vidhana Soudha – 34 kms
  • MG Road – 34 kms
  • Hebbal Flyover – 25 kms
  • International Airport – 7 kms
  • Police Station – 2 km
  • Main Road (NH-7) – 3 Kms