REAL ESTATE SCENARIO IN NORTH BANGALORE REAL ESTATE SCENARIO IN NORTH BANGALORE

INTRODUCTION

Government PlansFacts on Ground 1 High Speed Monorail connectivity to Airport Yet to Begin 2 Alternate Airport road from Hennur to BIAL 90 % Road works complete and Water pipelines being provided 3 Satellite Bus Depot for NorthFinished – To be inaugurated 4 Elevated Expressway to ease trafficCompleted in 2015 from Hebbal to Airport 5 Peripheral Ring RoadWorks initiated in segments 6 Special Economic Zone (3900 Acre) First phase allotted to various IT companies like 7 Devanahalli Business ParkYet to begin 8 Financial CityInaugurated in April 2012 by the then Finance Minister and now President Pranab Mukerjee, Infrastructure works in progress

Decadal Appreciation of assets Residential / Commercial Per Acre **Figures for projected

Decadal Appreciation of assets Raksha Nikunj Projects **Figures for projected

Decadal Appreciation of Land Prices for Legitimate Sites **Figures for projected

VISION

Some of the upcoming developments in Devanahalli include: a 200-acre university campus being set up by Manipal Education; 309-acre commercial development around the airport proposed by Karnataka State Industrial Investment and Development Corporation; 35-acre convention centre project, which would also have two five-star hotels; the aerospace SEZ, which is part of the airport project; hi-speed airport rail; widening of national highway seven-eight lanes from the existing six lanes; major road widening and improvement activities undertaken by the Government of Karnataka in all major district roads from the city and neighbouring areas to the airport; the development of Peripheral Ring Road, Intermediate Ring Road and Satellite Towns Ring Road, which will significantly improve connectivity to different parts of the Bangalore Metropolitan region and the airport. INFRASTRUCTURAL IMPETUS

Presently, IT & ITES companies are concentrated in and around Central Business District, East Bangalore (Whitefield, International Tech Park Bangalore (ITB) developed by Ascendas), South‐East Bangalore (Electronic City spread over 440 acres, Sarjapur‐Outer Ring Road). However, with the International Airport becoming operational near Devanahalli (40 kms North of Bangalore), major real estate projects and developments are witnessed between Bangalore city and new International Airport. Besides, another significant project is Shapoorji Pallonji’s 1,450-acre IT hardware park at Devanahalli. The IT hardware park will see the development of 425 acres each in Phase I and II, and the rest in Phase III. While the main hardware park will be spread over 1, acres, the rest of the facility will include an IT park, residential area (80.53 lakh sq.ft) with roads, a star-rated hotel (2.5 lakh sq.ft), an effluent treatment plant (2.25 lakh sq.ft) and a power plant. The Karnataka Government is also planning to set up a nano park in Bangalore North, and has identified a 15-acre plot for the project. Announcements of other technology parks in the region have also been made. IT AND ITeS BOOM

NH‐7 to BIA is 6‐lane divided carriageway. NHAI has widened the NH‐7 from existing 6‐lanes to 8‐lanes, which can sustain higher traffic due to airport expansion and expected real estate developments on either sides of the NH‐7. Bangalore Metro Rail covering a length of around 33 kms spread over the North‐South and East‐West Corridors is under construction by Government of Karnataka at an estimated project cost of INR 64 billion (US$ 1.5 billion). In order to ensure fast and easy connectivity from Bangalore City Centre to the International Airport, Hi‐Speed Airport Rail link of around 34 kms from CBD to the Airport is under development, which will enable passengers to reach the Airport around 25 minutes. Monorail is also planned for development to serve as feeder lines to Metro Commuter Rail system enabled to connect Devanahalli with Yeshvantpur via Yelahanka CONNECTIVITY

The Key Location of all RAKSHA NIKUNJ projects are centered around the Heart of the Airport Township. Every Mega structure like Hardware Park, Software Park, Star Hotel and including Airport Terminal, Metro/Monorail station, ISBT is within a radius of 5 to 7 KM from our location/s. All Future Projects are also planned in this part of Bangalore and close to each other so that our Raksha community consolidates and an elegant society flourishes. The rent/resale appraisal is also very high as more than Three lakh work force in this part is absorbed and dependent on our colonies. WHERE ARE WE

Location Map AIRPORT AREA Phase - 1 Phase – 2 (Annexe) Phase – 3 (Zenith) Phase – 4 (Ecstasy) BAGALUR VILLAGE VIDYANAGAR CROSS SEZSEZ Air Force Station Yelahanka BAGALUR CROSS ** NOT TO SCALE ** 6.3 Km from Vidyanagar Cross KOGILU CROSS