Speedy Summary
- BDA Approval for New Layouts: The bangalore Advancement Authority (BDA) has received approval from the State government to develop six new layouts along Peripheral Ring Road-2 (PRR-2) between Tumakuru Road and Hosur Road, passing via Magadi road, Mysuru Road, and Kanakapura Road.
- Largest Layout: The largest layout spans over 4,200 acres along Kanakapura Road and may include an industrial area. It incorporates villages like Kaggalipura, shortlisted as a potential location for bengaluru’s second international airport.
- Compensation Model: Landowners affected by PRR projects will be compensated with 40% developed land in these new layouts and 60% cash under the BDA Act of 1976.
- Financing infrastructure: ₹27,000 crore debt has been raised for the PRR’s first phase (PRR-1). PRR-2 will cover a total stretch of 53 km connecting Mysuru Road to Tumakuru road in two stages.
– initial work on a 10-km segment between Nadaprabhu Kempegowda Layout is completed using landowner compensation models.- For PRR stretch from Hosur to Mysuru roads alone requires acquisition of 860 acres.
Regulatory push slower release roads practical Deliver community residential
via Annapr transformer