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BDA To Develop Six New Layouts In PRR-2 Project
Real Estate

BDA To Develop Six New Layouts In PRR-2 Project

The Bengaluru Development Authority (BDA) has revealed its plan to develop six new layouts as part of the Peripheral Ring Road-2 (PRR-2) project. As part of this initiative, the BDA is preparing to acquire land from multiple villages within the region. An official mentioned, “Preliminary notifications for land acquisition are still pending for the proposed layouts aligned with the PRR-2 project. The BDA has instructed teams, led by land acquisition officers, to identify suitable land in the villages, liaise with engineers, and gather essential information such as land ownership, plot sizes, maps, and records.” Around 3,000 hectares of government and private land will be acquired for this development, based on ongoing surveys. Villages such as BM Kaval, Gulikamale, Kaggalipura, OB Choodanahalli, Agara, Uttari, Devagere, Gudimavu, and Kambipura Gangasandra have been identified for acquisition. “Farmers whose land is taken will receive compensation under the 40:60 ratio model. In this structure, 40% of the compensation will be provided as developed plots in the new layouts created by the BDA. As per BDA regulations, landowners will be allocated plots within the same layout. Pricing for these plots will be determined after development is completed. The BDA aims to create 50,000 new plots to meet the growing demand for residential land. The success of this project is expected to improve urban infrastructure and boost Bengaluru’s real estate market,” an official explained.

The Bengaluru Development Authority (BDA) has revealed its plan to develop six new layouts as part of the Peripheral Ring Road-2 (PRR-2) project. As part of this initiative, the BDA is preparing to acquire land from multiple villages within the region. An official mentioned, “Preliminary notifications for land acquisition are still pending for the proposed layouts aligned with the PRR-2 project. The BDA has instructed teams, led by land acquisition officers, to identify suitable land in the villages, liaise with engineers, and gather essential information such as land ownership, plot sizes, maps, and records.” Around 3,000 hectares of government and private land will be acquired for this development, based on ongoing surveys. Villages such as BM Kaval, Gulikamale, Kaggalipura, OB Choodanahalli, Agara, Uttari, Devagere, Gudimavu, and Kambipura Gangasandra have been identified for acquisition. “Farmers whose land is taken will receive compensation under the 40:60 ratio model. In this structure, 40% of the compensation will be provided as developed plots in the new layouts created by the BDA. As per BDA regulations, landowners will be allocated plots within the same layout. Pricing for these plots will be determined after development is completed. The BDA aims to create 50,000 new plots to meet the growing demand for residential land. The success of this project is expected to improve urban infrastructure and boost Bengaluru’s real estate market,” an official explained.

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MoHUA Sanctions 1.47 Lakh Additional Houses Under PMAY-U 2.0

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Piyush Goyal Inaugurates Expanded ISA Building at Intellectual Property Office

Union Minister of Commerce and Industry, Piyush Goyal, today inaugurated the newly expanded International Searching Authority (ISA) building at the Intellectual Property Office (IPO) in Dwarka, New Delhi, marking a major step forward in India’s intellectual property ecosystem.Addressing the gathering, Goyal highlighted that innovation has been central to India’s heritage for centuries, citing the engineering brilliance of the Konark Temple as a historic example. He emphasised that innovation is not just intellectual property but a symbol of sovereignty, and a key driver in India’s journe..

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SIEGER Boosts Automation in Mumbai Realty

SIEGER, a leading automation solutions provider, is expanding its advanced manufacturing capabilities to meet the surging demand for precision, high-speed automation in Mumbai’s rapidly growing real estate sector.Operating from a 21,000 m² advanced production hub in Coimbatore—part of a 40,000 m² integrated campus—SIEGER offers complete solutions from design and prototyping to manufacturing and deployment. The fully digitalised facility features CNC machining, QR-coded component tracking, conveyorized powder coating, and a Government of India–certified R&D centre, ensuring unmatc..

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