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Propmyna Khabri
posted on 20 MayBengaluru: 80% Land Acquired for PRR Package 1, Work Orders by June
🔔 Big news for Bengaluru's Peripheral Ring Road (PRR) Package 1! It's picking up serious pace. Bengaluru Business Corridor Ltd. has secured over 78% of the land – that's 523 out of 665 acres – and they're aiming to issue work orders by June, once that 80% land acquisition target is met. This is massive for connectivity, meaning smoother commutes and potentially opening up new development areas. For real estate buyers and investors, this could signal significant appreciation in properties along the PRR's route. Has anyone here had any first-hand experience with land acquisition in these areas or heard more about which specific localities will benefit most?
#Bengaluru
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Connectivity is
Package 1 ki baat ho rahi hai. Does anyone know the exact alignment for Package 1? Is it the one connecting Tumakuru Road to Old Madras Road? And will it pass through areas like Adigara Kallahalli? I'm trying to understand the direct impact zones for future planning.
Aishwarya Crystal Layout mein thoda delay tha earlier, but most of it is resolved now, heard from a local agent who deals in that belt. The overall market sentiment is quite positive because of this PRR push, but still, due diligence is key before making any commitment. Always verify the ground reality.
Oh, so Adigara Kallahalli is confirmed? That's good to know. I heard there were some issues with land acquisition near Aishwarya Crystal Layout. Is that resolved now, or is it still a sticking point?
Yes, you're right. Package 1 is indeed the north-eastern stretch, connecting Tumakuru Road to Old Madras Road. And Adigara Kallahalli falls right in its potential impact zone, making it a key area to watch.
This is great news for connectivity, no doubt. Bengaluru traffic is a nightmare, so any relief is welcome. But as a first-time buyer, my biggest fear is ki prices skyrocket ho jayenge. I've been eyeing a plot in Akshayanagar, hoping for some stability and a good entry point. Will this just make it impossible for us common folk to afford anything in decent areas? Already struggling with current market rates, aur ab yeh news...
True, rates will go up, especially in prime areas. Maybe look at areas slightly further from the immediate PRR influence, like Agrahara Layout? Wahan abhi bhi thoda scope hai for appreciation without the immediate price shock. Long-term investment ke liye achha ho sakta hai.
Totally agree! Akshayanagar mein toh already rates high hain. Ab aur badh jayenge lagta hai, humare jaise log toh bas dekhte reh jayenge.
June tak work orders? Hmmm, I'll believe it when I see it. Ye PRR toh saalon se pending hai, har budget mein iska zikr hota hai. Land acquisition ka toh har baar bolte hain, but actual work kab shuru hoga? Anyone remember the last time they actually stuck to a deadline for such a massive project?
Wow, this is actually big news! I've been following the PRR project for ages, and hearing about 80% land acquisition and work orders by June gives me some real hope. Finally, some progress in Bengaluru's infrastructure. I've been looking at properties near Aavalahalli, will this PRR impact that area positively in terms of connectivity and value? Prices will surely shoot up, right? As a first-time buyer, I'm excited but also a bit nervous about the budget.
Price badhenge toh zaroor, but immediate nahi. Full construction hone tak wait karna padega. Plus, builder ki reputation bhi dekho us area mein, sirf connectivity se sab theek nahi ho jayega. Due diligence is key.
Haan bhai, Aavalahalli definitely will see a jump. Investors are already looking there, so better act fast if you're serious. Connectivity improve hogi toh demand toh badhegi hi.