– “Work-live-play” model with residential spaces, healthcare, education, cultural facilities.
– Over 2,000 acres reserved for AI-based industries; expected to create jobs in IT and service sectors.
– Well-planned connectivity network to avoid previous issues of access.
– Over 1,100 acres dedicated to parks and open spaces for sustainability.
– Rejuvenation of Bairamangala Lake under the project at a cost of ₹750-₹1,000 crore.
– Project requires acquisition of private land across nine villages (6,731 acres).- Compensation aligned with RFCTLARR Act offered; includes annual monetary support until final settlements are made (varies between ₹25k-₹50k/year depending on land type).
The GBIT signifies a transformative moment for bengaluru as it attempts to position itself as an AI-driven business hub while balancing urban progress with environmental commitments like lakes rejuvenation and green spaces. The project’s financial backing and assurances on lasting design reflect strategic planning aimed at creating a futuristic but balanced ecosystem supporting work-life harmony.
though, challenges remain-especially regarding equitable land acquisition processes amidst farmer protests. Any lapse in maintaining obvious implementation could stall progress or lead to social unrest within affected communities. Furthermore, delivering robust infrastructure such as seamless connectivity will be crucial given earlier failures affecting similar projects in the state.
This initiative could set a precedent if successfully executed but needs diligent oversight during its vast implementation phase to balance enterprising urbanization goals with inclusive community participation.
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