Elevated road projects creates new residential neighbourhood
The elevated Tumkur Road and Hosur Road projects have created new residential catchments along their routes. A few developers have launched their residential projects along this route, and social infrastructure such as hospitals, residential schools, colleges, showrooms and hotels are emerging on both sides of the highway.
In Bangalore south, the 10 km elevated Hosur Road expressway connecting Central Silk Board Junction to Electronics City has reduced travel time to just 10 minutes.In Bangalore north, the elevated Tumkur Road project connecting Yeshwantpur to Nelamangala which will soon be operational from this month will cut down commuting time to a mere 20 minutes. Since being operational from January 2010, the 10 km four-lane elevated road from Silk Board Junction to Electronics City in south Bangalore has helped bridge the tedious commute especially for IT employees, bringing down the travel time from 30 minutes along the ground level road to 10 minutes on the elevated stretch.
The signal-free expressway has fuelled realty developments flanking the route to Electronics City which is emerging as a premium office space with a host of software parks and biotechnology units setting up their centres here. Several villa layouts, row houses, or three-four bedroom apartments are coming up in Anekal, Bommasandra and around Electronics City, predominantly targeted at the IT workforce. Four major BDA layouts – KHB Suryanagar layout, Devraj Urs Layout, Nijalingappa Layout and the K C Reddy Layout – have been planned here.
The six-lane Bangalore-Nelamangala highway stretch with a 4.5 km elevated portion will enhance connectivity to Tumkur and to the international airport through NH 207. Primarily a warehousing and transport area, Nelamangala has come into its own gradually with the city’s exponential growth. Tumkur Road was always considered an industrial belt due to the factories and godowns in Peenya and Nelamangala. The improved Tumkur Road is scheduled for inauguration in the third week of November according to the official. The toll fee is minimal at Rs 15 per car for oneway and around Rs 25 for two-way entry.
- Source: Times Property-realtybeat (Dated:12-11-10)
Bangalore, Central Silk Board Junction, Devraj Urs Layout, Electronics City, Elevated road projects, Elevated road projects creates new residential catchments, Elevated road projects creates new residential neighbourhood, Hosur Road, KHB Suryanagar layout, Nelamangala, residential neighbourhood, Tumkur Road, Yeshwantpur
Sir,
I have booked the underconstruction flat in Nov. 2007 as a 12.5% as downpayment. entire flat value is 18 lacs. Until July, 2009 I paid total amount of 11.5 lacs, 3 lacs paid in May 2010 and 1.75 lacs paid in Jan 2011. Now the flat is near completion. 1.75 lacs is pending to pay.
Now the builder is asking me to pay 1,17,000 as “vat & sales tax” & 88,000 as “stamp duty”. How will I defend my case with builder ??
Please give me some highlight…
you can send me your ideas by email also.
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