Property owners in for a treat!
A happy news is awaiting for the frequent travellers around White Field, Electronic City and major areas surrounding BIAL.
Bruhat Bangalore Mahanagara Palike (BBMP) has come out with a new initiative to provide Transferable Development Rights (TDR) for property owners.
With these rights in place, BBMP will be able to acquire 56 acres of private land from owners for road widening work.
This motive has been taken to build a six-lane road connecting areas like ITPL, Whitefield, Electronics City, KR Puram, Mahadevapura, Indiranagar, Hosakote to Bangalore International Airport Limited (BIAL).
A total of Rs 46 crore is estimated to be spent on the work.
Residents in the projects like Mana Placido, Sobha Rose, Veracious Rose Dale, Brigade Harmony and many more in the surrounding areas will be highly benefited for an easy commute.
Mana Placido is the nearest B.M.R.D.A Approved Project in Whitefield which is very near to the IT Hub and provides 2 & 3 BHK apartments with affordable price.
Source: Daily News & Analysis
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