The proposed Integrated Township in Vasanthanarasapura, Tumakuru, along with plans for a new airport, is poised to revolutionize the real estate landscape in Nelamangala and Tumakuru Road. Led by Minister of Urban Development Byrathi Suresh, this initiative aims to stimulate economic, infrastructural, and social progress, thereby fostering growth in real estate development and investment opportunities.
An Integrated Township integrates residential, commercial, recreational, and institutional facilities into a self-sustained community, providing residents with convenient access to amenities, green spaces, and transportation hubs. The planned Vasanthanarasapura Integrated Township covers approximately 500 acres, marking a substantial investment in urban infrastructure and development.
According to Suresh Gowda, a real estate developer, "One of the main factors driving real estate growth in Nelamangala and Tumakuru Road due to the Integrated Township and the proposed airport is the improved connectivity and accessibility they offer. With enhanced transportation infrastructure, including road networks, public transit options, and potential air travel, the area becomes more appealing to businesses, investors, and homebuyers alike. Residents are attracted to such townships because of the wide range of amenities available, such as modern housing choices, recreational facilities, educational institutions, healthcare centers, shopping complexes, and entertainment venues. The self-sufficient nature of these townships reduces the necessity for residents to travel long distances for their daily needs."
"The proposed airport development in Tumakuru further enhances real estate prospects in Nelamangala and Tumakuru Road," added Nanda Gopi, another real estate developer. "Air connectivity not only facilitates quicker travel for residents but also attracts businesses, industries, and logistics operations to the area. The airport's proximity creates a ripple effect, driving demand for commercial spaces like office complexes, industrial parks, warehouses, and hospitality establishments. This influx of economic activities stimulates real estate growth, including the construction of commercial properties, mixed-use developments, and logistics hubs along Tumakuru Road and its environs. Moreover, the integrated development approach promotes mixed-use projects within the vicinity. These projects blend residential, commercial, and retail elements within a single complex, forming lively urban centers that cater to diverse preferences and needs of investors and homebuyers seeking a dynamic urban lifestyle."
