Bengaluru Body to Develop Six More Layouts under PRR-2 Project
Real Estate

Bengaluru Body to Develop Six More Layouts under PRR-2 Project

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

An official stated that preliminary notifications for land acquisition for the proposed layouts aligned with the PRR-2 project had not yet been issued. The BDA had 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. The areas identified for acquisition include BM Kaval, Gulikamale, Kaggalipura, OB Choodanahalli, Agara, Uttari, Devagere, Gudimavu, and Kambipura Gangasandra, among others. Farmers whose land is acquired will receive compensation under the 40:60 ratio model.

Under this plan, 40 per cent of the compensation for landowners will be provided as developed plots in the new layouts created by the BDA. According to BDA rules, landowners will be allotted plots in the same layout. The pricing for these plots will be determined after the development is completed. The 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, the official added.

The Bengaluru Development Authority (BDA) has announced plans to develop six new layouts as part of the Peripheral Ring Road-2 (PRR-2) project. In order to achieve this, the BDA is preparing to acquire land from various villages in the region. An official stated that preliminary notifications for land acquisition for the proposed layouts aligned with the PRR-2 project had not yet been issued. The BDA had 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. The areas identified for acquisition include BM Kaval, Gulikamale, Kaggalipura, OB Choodanahalli, Agara, Uttari, Devagere, Gudimavu, and Kambipura Gangasandra, among others. Farmers whose land is acquired will receive compensation under the 40:60 ratio model. Under this plan, 40 per cent of the compensation for landowners will be provided as developed plots in the new layouts created by the BDA. According to BDA rules, landowners will be allotted plots in the same layout. The pricing for these plots will be determined after the development is completed. The 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, the official added.

Next Story
Building Material

Suraj Estate Wins Euromoney Award for India’s Best Residential Developer

"Suraj Estate Developers Limited has received the Euromoney Real Estate Award 2025 for ‘India’s Best Residential Developer’, positioning the company among globally benchmarked leaders in the sector. The recognition reflects its four-decade legacy in delivering high-quality residential and redevelopment-led projects across South Central Mumbai. The Euromoney Real Estate Awards, presented by the London-based Euromoney magazine, are widely regarded as one of the most credible global assessments of performance in real estate, banking and finance. Winners are selected through surveys of inte..

Next Story
Building Material

Lloyds Metals, Tata Steel Sign MoU to Explore Strategic Collaboration

"Lloyds Metals and Energy Limited has signed a non-binding Memorandum of Understanding with Tata Steel Limited to evaluate potential areas of strategic cooperation across mining, logistics, pelletisation and steelmaking. The MoU was signed by B Prabhakaran, Managing Director of Lloyds Metals, and Mr T V Narendran, CEO and Managing Director of Tata Steel. The partnership framework aims to leverage the natural operational synergies between both companies and assess opportunities in greenfield steel projects, iron ore mining, slurry pipeline infrastructure, pellet manufacturing in iron ore–ric..

Next Story
Building Material

IndiaAI, Gujarat Govt Host Regional Conclave Ahead of 2026 AI Summit

The IndiaAI Mission under the Ministry of Electronics and Information Technology, along with the Government of Gujarat and IIT Gandhinagar, convened a Regional Pre-Summit Event at Mahatma Mandir, Gandhinagar. The initiative is part of the build-up to the India–AI Impact Summit 2026, scheduled for 15–20 February 2026 at Bharat Mandapam, New Delhi. The conclave brought together senior policymakers, technology leaders, researchers and industry practitioners to examine how AI can accelerate economic, digital and social transformation across sectors. The programme focused on the overarching th..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Open In App