The Bangalore Development Authority (BDA) is set to unveil six new layouts as part of the PRR-2 project, aiming to enhance urban infrastructure and create more residential and commercial spaces in the city.
Bangalore Development AuthorityPrr2 ProjectUrban InfrastructureNew LayoutsReal EstateReal Estate MumbaiDec 31, 2024
The PRR-2 project, or Peripheral Ring Road - Phase 2, is an ambitious infrastructure development project by the Bangalore Development Authority (BDA). It aims to create a ring road around Bangalore to reduce traffic congestion and improve connectivity.
The BDA is planning to develop six new layouts as part of the PRR-2 project.
The key features of the new layouts include strategic locations, advanced infrastructure, green spaces, and smart city features.
The benefits of the new layouts include reduction in traffic congestion, increased housing options, economic growth, and improved quality of life for residents.
The main challenges in developing the new layouts include land acquisition, minimizing environmental impact, and ensuring community engagement.
BHFL plans to increase its market share through deepening relationship with existing customers, onboarding new customers and expanding to newer geographies to build granular portfolio with reduced concentration risk.
With a sharp rise in real estate values, the slopes of development are expanding, beckoning cities like Vadodara, Ahmedabad, and Pune into a new era of growth.
In 2024, the real estate market in India witnessed a significant transformation, with a surge in demand for luxury properties priced between ₹10 crore and above. This shift highlights a growing trend where owning a luxury home has become a symbol of statu
India's real estate sector is a key driver of economic growth, significantly impacting various industries and employment rates. Jaipur, known for its rich culture and rapid urbanization, has seen a staggering 65% increase in property prices over the past
Casagrand, a prominent real estate developer, has launched a new residential project called Casagrand Celest in Sulur, Coimbatore. The project offers 233 affordable 2 and 3 BHK apartments ranging from Rs 54 lakh to Rs 64 lakh.
M3M India, a prominent real estate developer, has announced its plan to close a ₹1300 crore loan from Indiabulls by the first quarter of the fiscal year 2026. This strategic move underscores the company's commitment to financial discipline and long-term growth.