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The Bengaluru Development Authority (BDA) has outlined plans for the development of six new residential layouts as part of the Peripheral Ring Road-2 (PRR-2) project. To support this initiative, the BDA will acquire approximately 3,000 hectares of land from both government and private sources across various villages in Bengaluru's outskirts. The project aims to address the city's growing demand for housing by creating 50,000 new residential sites. Landowners will receive compensation under a 40:60 ratio, with 40% paid as developed plots in the new layouts while the remaining 60% will be monetary compensation. The development is expected to improve urban infrastructure, alleviate housing shortages, and stimulate the real estate market.
The Bengaluru Development Authority (BDA) has outlined plans to create six new residential layouts as part of the Peripheral Ring Road-2 (PRR-2) project. To bring this vision to life, the BDA will acquire approximately 3,000 hectares of land from both government and private sources across several villages in Bengaluru's outskirts. Advertisement
The PRR-2 project is a major infrastructure initiative aimed at easing traffic congestion and expanding Bengaluru's urban landscape. To support this, the BDA plans to develop layouts that will not only enhance residential housing supply but also boost local infrastructure and real estate opportunities.
The BDA has begun initial preparations for land acquisition in areas such as BM Kaval, Gulikamale, Kaggalipura, OB Choodanahalli, Agara, Uttari, Devagere, Gudimavu, and Kambipura Gangasandra, among others. Dedicated teams, led by land acquisition officers, are conducting surveys to identify suitable land parcels. Their tasks include verifying land ownership, measuring plots, preparing maps, and gathering other necessary records.
Once the surveys are complete, preliminary notifications for land acquisition will be issued. Farmers and other landowners affected by the acquisition will be compensated under the 40:60 model. This means 40% of their compensation will be in the form of developed residential plots in the new layouts, while the remaining 60% will be monetary compensation. The pricing for these plots will be determined after the layouts are fully developed, ensuring fairness and alignment with market conditions.
The BDA has set a goal to create 50,000 new residential sites to address Bengaluru's increasing demand for housing. This large-scale development is seen as a significant step toward meeting the city's growing residential needs.
It is expected to have a transformative impact on Bengaluru, improving urban infrastructure, alleviating housing shortages, and boosting the city's real estate market. However, the success of this plan largely depends on the smooth execution of the land acquisition process and the timely development of the proposed layouts.
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