Bengaluru development body plans to develop six more layouts in PRR-2 project, ET RealEstate

January 1, 2025
1 min read
Bengaluru development body plans to develop six more layouts in PRR-2 project, ET RealEstate


<p>Representative image </p>
Representative image

The Bengaluru Development Authority (BDA) has announced plans to develop six new layouts as part of the Peripheral Ring Road-2 (PRR-2) project. To achieve this, the BDA is preparing to acquire land from various villages in the region.

An official said, “For the proposed layouts aligned with the PRR-2 project, preliminary notifications for land acquisition are yet to be issued. The BDA has instructed teams, led by land acquisition officers, to identify suitable land in the villages, coordinate with engineers, and gather necessary details such as land ownership, plot dimensions, maps, and other records.”

Approximately 3,000 hectares of government and private land will be acquired for the project, subject to ongoing surveys.

BM Kaval, Gulikamale, Kaggalipura, OB Choodanahalli, Agara, Uttari, Devagere, Gudimavu, and Kambipura Gangasandra, among others, are identified for acquisition. “Farmers whose land is acquired will receive compensation under the 40:60 ratio model.

According to this plan, 40% of the landowners’ compensation will be provided as developed plots in the new layouts created by BDA. As per BDA rules, landowners will be allotted plots in the same layout. The pricing for these plots will be determined after the development is completed. BDA is targeting the creation of 50,000 new sites to meet the high demand for residential plots. The success of this initiative is expected to enhance urban infrastructure and provide a boost to Bengaluru’s real estate market,” an official added.

  • Published On Jan 1, 2025 at 11:00 AM IST

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