Thursday, January 5, 2012

IRR OPENS UP RESIDENTIAL CATCHMENTS ALONGSIDE INDUSTRIAL BELTS

When this project is implemented,there will be many residential catchments along its way.

The Bangalore Metropolitan Regional Development Authority (BMRDA) has plans to take up the development of two Intermediate Ring Roads (IRRs).This is going by the statement given by Chief Minister D V Sadananda Gowda to the legislative assembly recently.
Though these projects were planned in 2006,the BMRDA had trouble initiating the development works,as the compensation to be given to farmers involved a huge sum.The government now plans to take it up on a public-private partnership basis and take the development works forward to ease the traffic congestion around the city.

Satellite Township Ring Road (STRR)


The BMRDA already has plans to develop a STRR that will connect all the proposed townships.According to sources in BMRDA,this will have to take off from Bidadi and the status quo remains on this project.
The government had revoked the freeze imposed in 2006 on land owners of Sathanur,Ramanagaram,Solur and Nandagudi,enabling them to go ahead with development and construction activities.
Now with plans afoot to strengthen the Outer Ring Road (ORR),and initiate land acquisitions for the IRRs,the residential catchments in the area of the proposed route will definitely get a boost.


The plans to strengthen the ORR,and IRR,will be taken up in four stages:




Dabaspet to Devanahalli


The plan is to construct an 89-km IRR starting from Dabaspet up to Devanahalli at a cost of Rs 1,110 crores.When this comes through,the road will traverse through Doddaballapur,which is fast-gaining pace as a major residential catchment.The road to Nandi Hills which is in the vicinity too is a hot spot for upscale residential development.
The Dabaspet area is an emerging industrial town,with the Karnataka Industrial Areas Development Board (KIADB) planning industrial areas in four phases.Spread over 2,957 acres,there are more than 500 units operating here.A road connecting this industrial hub with a majority of industries being export-oriented,to the international airport,will give a fillip to both growth and connectivity.
A mixed residential catchment comprising affordable units,villas,and apartments will be available along the road.

Highlights:


Dabaspet to Devanahalli: 89 km Cost of project: Rs 1,110 crores Benefits industrial areas around the stretch Good connectivity to international airport

Devanahalli to Attibele


A plan is on to construct an 80-km stretch of the IRR from Devanahalli to Attibele at a cost of Rs 1,000 crores.It will serve as a vital link between the international airport and Electronic City,and its vicinity.It will pass through Hoskote and the already-developed Whitefield.The area is a thriving micro-market with social infrastructure and IT SEZs,and huge malls and hypermarkets abound here.The road to Hoskote has many options in residential units.

Highlights:


Devanahalli to Attibele: 80 km Cost of project: Rs 1,000 crores Connects international airport to IT hub Benefit for mix of industries - manufacturing,IT

Attibele to Ramanagar


The longest stretch of 128 km will connect Attibele with Ramanagar at a cost of Rs 1,600 crores.Passing Kanakapura,Anekal,Jakkasandra,and other hubs,this road will serve as a link between Electronic City and Mysore Road.Ramanagar is a textile hub and has investments of over Rs 1,500 crores.The KIADB has recently notified 1,000 acres in Harohalli Phase III near Kanakapura after the recent move to free farmland in these areas.The residential catchments in the vicinity will be along Kanakapura Road,Uttarahalli,and Bidadi.

Highlights:


Attibele to Ramanagar: 128 km Cost of project: Rs 1,600 crores Industrial areas in Kanakapura,Mysore Road stand to gain Will augment connectivity between satellite towns and NICE corridor

Ramanagar to Dabaspet


The last phase of the IRR will be around 70 km from Ramanagar to Dabaspet at Rs 1,078 crores.The textile hub will be well-connected to the industrial area of Dabaspet,and to the international airport beyond.This will serve the industry as well as the residential units along the route.

Highlights:


Ramanagar to Dabaspet: 70 km Cost of project: Rs 1,078 crores Will connect textile and manufacturing hubs

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