BDA to Launch 50,000 Residential Sites Along PRR-2 With PPP
Real Estate

BDA to Launch 50,000 Residential Sites Along PRR-2 With PPP

The Bangalore Development Authority (BDA) is set to launch a major initiative to develop six residential layouts along the proposed Peripheral Ring Road (PRR)-2, which will consist of 50,000 residential plots. This new corridor will connect Hosur Road to Bengaluru-Mysuru Road, passing through Bannerghatta and Kanakapura roads.

BDA Commissioner Jayaram N highlighted the challenges posed by high land acquisition costs, stating that the cost of acquiring land is considerable and that the existing land acquisition act is not particularly compensation-friendly. To address these challenges, the BDA has opted for a public-private partnership (PPP) model, which is designed to ensure fair compensation for farmers while accelerating the development process. Another official at BDA noted the significant demand for BDA sites, emphasising that the goal is to develop 50,000 new plots.

The proposed layouts will require approximately 3,000 hectares of land, both government and private. Although the exact compensation rates are still under discussion, the BDA is actively conducting surveys and assessments to identify the required land. Teams led by land acquisition officers are collecting information regarding landholders and other related issues. According to BDA regulations, farmers who provide land will be compensated in a 40:60 ratio and will be allocated plots within the same layouts.

PRR-2 is a critical part of the Bengaluru Business Corridor and will complement the existing PRR-1, which connects Tumakuru Road to Hosur Road. The PRR-2 project will involve the construction of a 30-kilometre-long, 100-metre-wide road with commercial plots stretching 24 metres on either side. Villages such as BM Kaval, Gulakamale, Kaggalipura, and several others are being considered for land acquisition.

Jayaram confirmed that the draft notification for land acquisition is ready, and the process is expected to conclude within 6-8 months. PRR-2 is expected to be operational in about two years.

Redefine the future of urban mobility! Join us at the Metro Rail Conference 2025 to explore groundbreaking ideas and insights. 👉 Register today!

The Bangalore Development Authority (BDA) is set to launch a major initiative to develop six residential layouts along the proposed Peripheral Ring Road (PRR)-2, which will consist of 50,000 residential plots. This new corridor will connect Hosur Road to Bengaluru-Mysuru Road, passing through Bannerghatta and Kanakapura roads. BDA Commissioner Jayaram N highlighted the challenges posed by high land acquisition costs, stating that the cost of acquiring land is considerable and that the existing land acquisition act is not particularly compensation-friendly. To address these challenges, the BDA has opted for a public-private partnership (PPP) model, which is designed to ensure fair compensation for farmers while accelerating the development process. Another official at BDA noted the significant demand for BDA sites, emphasising that the goal is to develop 50,000 new plots. The proposed layouts will require approximately 3,000 hectares of land, both government and private. Although the exact compensation rates are still under discussion, the BDA is actively conducting surveys and assessments to identify the required land. Teams led by land acquisition officers are collecting information regarding landholders and other related issues. According to BDA regulations, farmers who provide land will be compensated in a 40:60 ratio and will be allocated plots within the same layouts. PRR-2 is a critical part of the Bengaluru Business Corridor and will complement the existing PRR-1, which connects Tumakuru Road to Hosur Road. The PRR-2 project will involve the construction of a 30-kilometre-long, 100-metre-wide road with commercial plots stretching 24 metres on either side. Villages such as BM Kaval, Gulakamale, Kaggalipura, and several others are being considered for land acquisition. Jayaram confirmed that the draft notification for land acquisition is ready, and the process is expected to conclude within 6-8 months. PRR-2 is expected to be operational in about two years.

Next Story
Infrastructure Urban

Osaka Expo 2025 to Feature World’s Largest Wooden Structure

Osaka Expo 2025 will showcase the world’s largest wooden structure—a spectacular canopy encircling the 155-hectare exhibition grounds. Designed by architect Sou Fujimoto, the structure combines cutting-edge technology with Japan’s thousand-year tradition of wooden construction to create a futuristic yet sustainable landmark.“This is the biggest wooden construction in the world, so we used the latest technology alongside Japan's ancient craftsmanship to achieve a futuristic design,” Mr Fujimoto said. Rigorous testing ensured the strength of the beams and joints for the immense structu..

Next Story
Infrastructure Energy

India ranks 6th globally with 127 Net-zero firms

India has secured the sixth position globally in corporate climate action, with 127 companies committing to net-zero targets under the Science- Based Targets initiative (SBTi), according to the latest report from ICRA ESG Ratings.Although India contributes approximately 7 per cent of global emissions, its corporate commitments reflect a growing awareness of climate concerns. However, high-emission sectors such as power, energy, and cement are lagging in adopting these goals.The report reveals that fewer than 10 per cent of firms in these high-emission sectors, which contribute to 55 per cent o..

Next Story
Infrastructure Energy

Power prices fall 31% amid renewable push

The average price of electricity traded on India’s power exchanges during October-November 2024 fell by 31 per cent year-on-year (YoY) to Rs.3.61 per unit in the Day-Ahead Market (DAM), down from Rs.5.23 per unit in the same period last year. Similarly, Real-Time Market (RTM) prices dropped by 29 per cent to Rs.3.59 per unit, compared to Rs.5.04 per unit a year ago, as per industry data. The price drop was driven by a surge in renewable energy generation, particularly hydro and wind power, supported by favourable monsoon conditions. Improved fuel availability and government-led ini..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000