JUNE 2010

Submitted to

Infrastructure Development Department

Infrastructure Development Corporation (Karnataka) Limited Infra House, 39, 5th Cross, 8th Main, RMV Extension, Sadashivnagar, Bangalore – 560080 Ph: 91 – 80 – 43448000; Fax: 91 – 80 – 23613016


Study on Development Potential around Bangalore International Airport




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Study on Development Potential around Bangalore International Airport


despite the onslaught of modernism. is the ninth most populated State in India and is divided into 29 Districts with a total area of 191. Bangalore population has been growing at a rate of 3. 1. Tamil Nadu to the Southeast. The State is bordered by the Arabian Sea to the West. Apart from strong education system that is a continuous source of quality manpower and industry friendly policies.000 IT & IT Enabled Services (ITES) companies.3 billion) and directly employing over 650. With sobriquets such as Silicon Valley.5 Study on Development Potential around Bangalore International Airport 1. Bangalore’s unique advantage also emanates from the mature and thriving ecosystem that supports the IT and ITES sector. Maharashtra to the North. Andhra Pradesh to the East. .791 sq km that accounts for 5. Bangalore is one of the fastest growing metropolises in Asia. located in the southern part of India.000 professionals. and Kerala to the Southwest. With an economic growth of 10.83 per cent of India's geographical area. including more than 100 Fortune‐500 companies have established their operations in Bangalore generating IT & ITES exports of around INR 700 billion (US$ 16.3%. Bangalore is the administrative and financial capital of the State. BANGALORE – THE BURGEONING METROPOLIS Karnataka.1. Over 2. Karnataka State is extending approximately 700 km along the North ‐ South direction and 400 Km approximately in the East ‐ West direction. the existence of complementary and supplementary industries also makes Bangalore the fourth largest IT cluster in the world. Garden City and Pensioner's Paradise. the city has been able to retain its traditional charm. BANGALORE ‐ INDUSTRY PROFILE Bangalore is the Information Technology (IT) & Bio‐technology (BT) capital of India. Goa to the Northwest.25% per year in the last decade.

Tyco. AXA.6 Study on Development Potential around Bangalore International Airport Some of the prominent Fortune‐500 companies having operations in Bangalore are General Electric. JP Morgan Chase and Goldman Sachs. which are growing at 40% p. Siemens. Apart from IT & ITES sector. TESCO. Bangalore is emerging as one of the major Medical Tourism destinations in the world due to availability of tertiary and quaternary hospitals of international standards with significant cost advantage. Astra Zeneca. Bangalore is home to around 200 Bio‐tech companies (more than 50% of Bio‐tech companies in India). IBM. Sun Microsystems. Bosch. Over the past few years.a. Accenture. Presently. Societe Generale. HP. and accounting for more than 60% of total BT exports from India. Bangalore and its surroundings house manufacturing facilities of Toyota. Citigroup. Flextronics. with the International Airport becoming operational near Devanahalli (40 kms North of Bangalore). Prominent Indian IT&ITES companies like Infosys and Wipro have their headquarters in Bangalore. major real estate projects and developments are witnessed between Bangalore city and new International Airport. Toyota. East Bangalore (Whitefield. Bosch and other large & medium scale industries in various industrial areas in and around Bangalore. . IT & ITES companies are concentrated in and around Central Business District. ABB. while Satyam & TCS have major operations in the city. Dell. Intel. Alcan.79 billion) per annum. CISCO. which is expected to increase to US$ 2 billion by 2012. International Tech Park Bangalore (ITB) developed by Ascendas). Honeywell. South‐East Bangalore (Electronic City spread over 440 acres. Annual disposable income of the professionals employed in IT&ITES sector at Bangalore is estimated to be around INR 120 billion (US$ 2. Volvo. Sarjapur‐Outer Ring Road). Tyco. However. ING. HSBC. Motorola. Microsoft. Over 200. 3M.000 medical tourists visited India for medical treatment to the tune of US$ 600 million in 2007.

7 Study on Development Potential around Bangalore International Airport BANGALORE INTERNATIONAL AIRPORT .

The airport handled about 9.1. fully four‐level building capable of accommodating international and domestic operations. it started its operations on the night of 23 May 2008. The BIA covers about 4. Construction of the airport began in July 2005. The airport is located 4 km south of Devanahalli. just before midnight. It has replaced the old HAL Bangalore International Airport. The arrival and departure areas are separated vertically with a . India.8 Study on Development Potential around Bangalore International Airport 2.000 acres of area.The airport is host to 9 domestic airlines and 19 international airlines connecting the city to about 50 destinations across India and the world. after a decade long postponement. BANGALORE INTERNATIONAL AIPRORT‐ FEATURES 2. Karnataka.1.3 million passengers and had air traffic movements (ATM) of about 280 per day in the year 2009. 40 km from the central business district of Bangalore and 30 km from the Bangalore City Railway Station.1. It was expected to be inaugurated on 30 March 2008 but due to delays in air traffic control (ATC) services. rest areas and services. 2. DESIGN AND FACILITIES The passenger terminal is a single. BANGALORE INTERNATIONAL AIRPORT Bangalore International Airport (BIA) is an international airport serving the city of Bangalore (Bangalore). The airport is expected to handle 17 million passengers in the year 2015. The basement houses the retail storage.

The design reflects the best industry practice and caters for 24‐hour operations.000m² (1.2. The runway. and a day care facility for the children of the passengers. a multi‐cuisine food court area. The airport currently has one runway. orientated 09/27. There are plans to build a second runway when the annual traffic of the airport reaches 18 million passengers a year which is currently estimated to reach around 2013‐2014. The terminal is designed for ease of operation and minimum maintenance.000 passengers at peak times. Common‐use terminal equipment (CUTE) enabled check‐in counters: 117 and 66 self check‐in counters. The airport has 40gates and 18 air bridges.900m (16. 2.1.840. including nine double arm and 19 remote bus bays.000 cars was built in front of the terminal building at ground level. The total floor area is approximately 171. This is the first time that the parking stands in Indian airports have had fuelling pits. all of which have a fueling pit. The airport can handle 14 million passengers a year with 27 aircraft movements an hour. All facilities meet IATA standards. The terminal building is designed to accommodate 3. spread over 11 acres of land. under all weather conditions. which can accommodate all types of aircraft including the Airbus A380. . simple. It is expected to strengthen the commerce and trade in Bangalore. an adventure play area.000ft²). began operations in early January 2009. is 4. CARGO VILLAGE The airport's cargo village. A car park for 4.9 Study on Development Potential around Bangalore International Airport modern. Bangalore International Airport also have a retail centre. straight‐ahead flow system. ensuring speedy clearances of import and export consignments from the cargo terminals at the airport.076ft) by 45m (150ft) with light paved shoulders making it 60m (200ft). There are a total of 82 aircraft stands.

Each party holds one third in the equity of the consortium. The combined investment is over $14m (INR700m) and the duration of the contract is 15 years. This allows every qualified fuel supplier to use the facility against a fixed throughput fee and allows airlines to get the best fuel prices available in the market. It is owned by the Hamburg‐ based company Marquard and Bahls.4. especially in Europe and the United States. 2. which was completed over a period of ten months. 2. construction.3. These are LSG Sky Chefs and Taj SATS. The consortium is Indian Oil / Indian Oiltanking / Skytanking. Indian Oil is the largest oil company and also the largest aviation fuel company in India. BIAL has selected its strategic partner for the new airport's aviation fuel facility.10 Study on Development Potential around Bangalore International Airport An investment of about $2. a new high‐speed rail link. is being planned to connect the city to the airport.1. Each of the selected consortiums is responsible for the design. The various road and rail connectivity means are as follows: .1. The airport was opened with the capacity to handle 11‐12 million passengers a year and 27 aircraft an hour. ROAD AND RAIL INFRASTRUCTURE As the new airport is 40km (25 miles) outside the city. BIAL may award a third license for air catering at a later date. The facility will house 120 freight forwarders and 80 custom house agents. finance and operation of the flight kitchen at the new Bangalore International Airport.5m (INR120m) has been made towards the facility. BIAL has also selected catering partners. PARTNERS FOR AIRPORT SERVICES Bangalore International Airport is the first airport in India to operate under a truly open‐ access model. Skytanking is a major independent jet fuel handling company and operates various aviation fuel facilities worldwide. Indian Oiltanking is a 50/50 joint venture between Indian Oil and Marquard and Bahls.

. The project is expected to be completed by 2010‐11. which will enable passengers to reach the Airport around 25 minutes. • In order to ensure fast and easy connectivity from Bangalore City Centre to the International Airport.11 Study on Development Potential around Bangalore International Airport NH‐7 CRS PRR Mono rail HSRL BIA Metro BMIC • NH‐7 to BIA is 6‐lane divided carriageway. Hi‐Speed Airport Rail link of around 34 kms from CBD to the Airport is under development. NHAI is in the process of widening the NH‐7 from existing 6‐lanes to 8‐lanes. • Bangalore Metro Rail covering a length of around 33 kms spread over the North‐ South and East‐West Corridors is under construction by Government of Karnataka at an estimated project cost of INR 64 billion (US$ 1. which can sustain higher traffic due to airport expansion and expected real estate developments on either sides of the NH‐7.5 billion).

development of 5 integrated townships.12 Study on Development Potential around Bangalore International Airport • • Monorail is also planned for development to serve as feeder lines to Metro Commuter Rail system enabled to connect Devanahalli with Yeshvantpur via Yelahanka BIA • Bangalore‐Mysore Infrastructure Corridor (BMIC) Project comprising of construction of a 6‐lane tolled expressway between Bangalore and Mysore. • Government of Karnataka is developing the Peripheral ring Road (PRR) as 8‐lane expressway along the periphery of Bangalore for a total road length of 109 km. tolled ring roads around Bangalore to ensure fast and easy connectivity between the 2 cities and commercial development along the corridor is under implementation on PPP basis. power plant. .

13 Study on Development Potential around Bangalore International Airport Bangalore Metropolitan Transport Corporation runs eleven bus routes from locations in the city to connect to the new airport. . Official transportation by BIAL: • • • • MeruCabs and Easycabs for taxi services Hertz and Akbar Travels for luxury transport services BMTC Vayu Vajra A/C Volvo buses BMTC Suvarna and Vahini non A/C buses The Indian railway authority is also planning to construct a railway terminal at the airport to run a special shuttle from Cantonment railway station to the new airport. through NH‐Yelahanka people can also reach BIAL through Yelahanka via Vidyaranyapura where traffic is less congested. BMTC has 46 Volvo buses plying to the airport. The airport can be reached through Hebbal via Bellary Road. and the number of buses on each route ensures a frequency of at least one every 30 minutes.

1. also proposes separate sewage treatment plants for each of the major towns. This is despite the fact that there will be greater population pressure in the area. BIAAPA is also proposing to mandate rainwater harvesting in the airport.14 Study on Development Potential around Bangalore International Airport 2.000 to over 10. It was expected that the population in the area would from 2.000 by the time the airport was finished in 2008. BIA and DBP falls under the jurisdiction of Bangalore International Airport Area Planning Authority (BIAAPA) formed by Government of Karnataka to ensure organized development of an area of 985 sq. projecting land‐use zoning in the next 15 years. Devanahalli and Vijayapura in the outskirts of the city. The airport area covering three towns and 347 villages would ensure that the entire course of water resources and catchment areas are maintained. as per BIAAPA. Bangalore International Airport at Devanahalli is to be surrounded by some of the most eco‐friendly settlements and no development will be allowed on the natural river valleys in the area. The ODP. a Special Economic Zone and commercial developments are proposed within the Airport.5. and the water resources . As part of BIA project. Dodaballapur taluks. According to the Outline Development Plan (ODP) notified by the Bangalore International Airport Area Planning Authority (BIAAPA) ‐ the primary land‐use sanctioning authority for the comprising part of Bangalore North. no development will be allowed to destroy the natural river valley network in Doddaballapur. BANGALORE INTERNATIONAL AIRPORT AREA PLANNING AUTHORITY (BIAAPA) The airport is expected to act as regional hub for global connectivity and would accelerate infrastructure & real estate development in and around the airport. as water is one resource that the region and its residents are short of. Devanahalli.

15 Study on Development Potential around Bangalore International Airport required for this additional population would be 90 to 100 million litres of water a day. The proposed growth of population and economy as per CDP is expected to generate high travel demand. Clearly in these areas careful planning is required to allocate and conserve resources. .

16 Study on Development Potential around Bangalore International Airport PROPOSED DEVELOPMENT .

000 crore worth would develop this once sedate location booming with activity to compete with Bangalore in terms of business and social life.17 Study on Development Potential around Bangalore International Airport 3. The developments proposed around the Bangalore international airport are categorized as follows: • Information Technology / Information Technology enabled services & Biotechnology • Special economic zones . is emerging as a sister city to Bangalore with major investments pouring in for development. And this is apart from the investments coming in from the hospitality industry and the entertainment sector. with enhanced connectivity. PROPOSED DEVELOPMENT Devanahalli. A cumulative investment of close to Rs.15. 1. which is expected to prop up this place as an ideal social location in addition to an industrial hub.

manufacturers of hydraulic equipment (Rs.1. The details of the MoUs signed during the GIM for the projects located around Bangalore International Airport are set out in the table below. 3. Also among the major projects reported to have received. 666 crore of investment from Sobha Nadathur Aerospace Pvt Ltd (Rs. Bandikodigeh alli & Bagalur KIADB Hardware 1. During the meet 413 MoUs (Memorandum of Understandings) were signed of value Rs 4. MOUs SIGNED AT GLOBAL INVESTORS MEET The Global Investors Meet (GIM) was held in Bangalore Karnataka for 2 days on June 4 and June 5. The Indian initiatives at the SEZ would see Rs. 11.000 acres of land would be acquired to set up the Information Technology Investment Region (ITIR).73. the Udyog Mitra clearance for the Aero SEZ (special economic zone).382 crore.18 Study on Development Potential around Bangalore International Airport • • • • • Residential complexes such as real estate development Hospitality and entertainment Aero‐Industry Medical hub Finance and Business districts The State government has identified the area in Devanahalli taluk where about 10.700 crore as investment. Crores) 990 Employment generation 14.600 1 Narayana Hrudayalaya Pvt. is expected to see major US civil and military aviation companies as well as the European Aeronautics and Defence Systems (EADS) pump in up to Rs. Star Category Hotel and Service Apartments To set up Technology Centre for Oil & Gas related Singahalli. 200 crore) and Dynamatic Technologies.200 . 466 crore). Ltd Shell Technology 2 To set up 5000 Bed Super Speciality Hospital. an aviation hub in Devanahalli. 2010.376 1. S No Company Project Location Proposed investment (Rs.

000 10 Hardware Design Development And Hardware Park. Devanahalli Aerospace SEZ.631 Bangalore International Airport. Office space and Serviced Apartment Hebbal 119 2.100 Bellary road 971 760 9 Comprehensive Treatment Centre Cancer Devanahalli 137 1. Devanahalli 2. Fan cases.Ltd activities 3 Hindustan Aeronautics Limited (HAL) 4 BEML Limited 5 Dynamatic Technologies Limited To establish a unit for manufacture of “TPE 331 Engine and Engine components.100 6 7 IFCI Infrastructur e Developmen t Limited Trishul Developers City View Bangalore Properties Private Limited Healthcare Global Enterprises Ltd Tata Elexi To establish a Financial City 997 4. Devanahalli KIADB Aerospace Industrial Area. Devanahalli 486 8.19 Study on Development Potential around Bangalore International Airport India Pvt. Repair and Overhaul of Civil Aircraft / Engines and Manufacture of Helicopters” To manufacture Aircraft Components / Assemblies and MRO Activites related to Aerospace Applications at Aerospace SEZ To manufacture Aerospace Components Industrial Area.683 .300 8 To set up 5 Star Hotel. Welded Structural assemblies. Office Space & Service Apartments To set up Hotel. Ring Rolling. Devenahalli Devanahalli Industrial Area 316 235 466 2. Maintenance.095 1.

20 Study on Development Potential around Bangalore International Airport INFORMATION TECHNOLOGY. INFORMATION TECHNOLOGY ENABLED SERVICES & BIOTECHNOLOGY .

Free trade and Warehousing zones. The project has received final central and state cabinet approval on January 28th. The proposed developments around Bangalore International Airport are elucidated in the following sections. Karnataka government has initiated the process of creating the third information technology (IT) hub in Bangalore city near its new airport at Devanahalli with an investment of Rs 1. Industrial Parks. INFORMATION TECHNOLOGY. The new hub will come up in the northeast part of the city. Kanivenarayanapura. logistics. and Chikballapur.kms.000 crore.1. INFORMATION TECHNOLOGY ENABLED SERVICES & BIOTECHNOLOGY With Bangalore being home to some of the most high tech industries in India.which may include Special Economic Zones. 2010 and is under development.00. It would be situated at the Nandi foothills near Muddenahalli.000 acres of land). environmental protection mechanisms. residential areas and administrative services.21 Study on Development Potential around Bangalore International Airport 4. The city already has two technology parks located in south and southeast ‐ Electronic City. and International Tech Park Ltd. 4. Export oriented units. with excellent infrastructure. It is located at a distance of 15 km from Bangalore International Airport. The ITIR would be a combination of production units. . public utilities. (about 10. INFORMATION TECHNOLOGY INVESTMENT REGION (ITIR) The proposed ITIR would be specifically delineated investment region with a minimum area of around 40 Sq.

Such regions could include new integrated townships. The policy envisages that State governments would ensure the provision of physical infrastructure and utilities. POLICY FOR INFORMATION TECHNOLOGY INVESTMENT REGIONS (ITIR) The ITIR scheme was notified by the Union Government in May 2008 to provide readymade and developed infrastructure to potential investors in the IT sector. industrial parks etc. The ITIRs would generate direct and indirect employment during the construction and operational phases. schools and other public utilities. there would be a clear delineation between the IT/ITES areas and Electronic Hardware Manufacturing areas. a separate legislation would be enacted by the state government to govern the proposed ITIR area. Public uitilities. The initiative will provide direct employment to 1. The region would be developed as an integrated township through public private partnership.22 Study on Development Potential around Bangalore International Airport The ITIR is one of the largest infrastructure projects in Karnataka's history. 4. The regions would be a combination of IT/ITES and Electronics Hardware Manufacturing Units. transportation. including power. residential area. sewerage and effluent treatment facilities within notified ITIRs. and will include environmental protection mechanisms.1.8 million. The Karnataka State Electronics Development Corporation (KEONICS) has recently issued Expression of Interest (EOI) for developing the region. The State governments would provide physical infrastructure and utilities. social infrastructure and administrative services. Development would involve a Centre‐State partnership in conjunction with private partners. water. sewerage and effluent treatment facilities. 55 multinational IT companies including Infosys. Basic infrastructure such as road. Total cost is expected to be one lakh crore rupees ($22 Billion). water. TCS. In lines with this policy. and Cognizant have signaled an interest in joining. . The township will have residential areas. rail and telecommunication links would be provided by the Centre. Wipro. In the ITIR. SEZs.1. ITIRs were conceptualized keeping in view the need to boost the growth of both IT/ITES and Electronic Hardware Manufacturing (EHM) Units.2 million people and indirect employment to 2. roads. including power.

water. Ltd TCS Ltd Indiland SEZ Projects (Bangalore) Pvt. Cornerstone Shelters Pvt. transportation. 477 crore. Ltd. Ltd.7 25 15 . 4. State Government would select the developers/co‐developers through a transparent process. Ltd.2. The minimum processing area will be 40% of the total area of the ITIR. Airport and Rail links to the ITIRs. The State Government would ensure that all physical infrastructure and utilities within its jurisdiction (power. OTHER PROPOSED DEVELOPMENTS Infosys have planned to invest Rs. Chandra Developers Pvt. The Central Government will facilitate development of National Highways.000 seat software developments centre over 40 acres in Devanahalli Industrial Area. Product SEZ for IT/ITES SEZ for IT/ITES Investment in Rs.9 1130 Land (acres) 112 325 SEZ for IT/ITES IT / ITES SEZ 500 443. The ITIRs will be developed in a phased manner. employing 15. Crores 506. Ltd Itasca Software Development Pvt. Wipro have also planned to come up with IT/ITeS SEZ in Devanahalli taluk. The other investment proposals approved by the authority are as follows: Company Name Blue Hill Informatics Pvt. The Public‐Private Partnership (PPP) route is advocated for the development of ITIRs. at an investment of Rs.000 people. ETL Infrastructure Services Ltd. roads. Info‐ Tech/Hardware/Bio‐ Tech Park with common facilities SEZ for IT/ITES IT/ITES Park IT Park ‐ Disaster Recovery Facility Centre 1600 200 430 459..98 993 33. planned for IT/ITES and EHM Units.5 100 25 Ranka & Shah Developers Pvt.23 Study on Development Potential around Bangalore International Airport Each ITIR is expected to be a specifically notified investment region with minimum area of 40 sq. 710 crore for 12. sewerage and effluent treatment facilities) are provided.

Ltd.24 Study on Development Potential around Bangalore International Airport Company Name Wipro Limited Just Dial Pvt. Crores 477 445.08 Land (acres) 40 15 . Product IT/ITES SEZ IT/ITES – BPO & Software Development Investment in Rs.

25 Study on Development Potential around Bangalore International Airport DEVANAHALLI BUSINESS PARK .

2 billion over the next five to seven years.26 Study on Development Potential around Bangalore International Airport 5. . the Devanahalli Business Park (DBP) is expected to attract an investment of $2. DEVANAHALLI BUSINESS PARK One of the biggest projects coming up adjacent to the Bengaluru International Airport (BIA). is developing DBP on the site of around 413. Karnataka State Industrial Investment & Development Corporation Limited (KSIIDC). around 35 kms north of Bangalore city. at the behest of Government of Karnataka (GoK).65 acres owned by KSIIDC along the National Highway‐7 (NH‐7) and adjoining the northern boundary of Bengaluru International Airport (BIA) near Devanahalli.

2% Greenery 9.9% 5‐star Hotel 3. besides other facilities such as three multi‐speciality hospitals. retail & entertainment.2% Roads & Utilities 20.3% IT & ITES Parks/SEZs 16. As per the suggested land use plan. aviation academy and other utilities.4% Finance District 8.5 lakh people are expected to work or visit the DBP. a central business district on 35 acre plot. The suggested land use plan for the business park as per authority is as follows: DBP ‐ Land use plan Multi‐Specialty Hospitals 8.2% Office Complexes 6.6% Description IT & ITES Parks/SEZs (2 Nos. special economic zones.23 10 2.9% CBD 11. entertainment area. office complex. Among those that have been planned in the park include multi‐speciality hospitals. finance district. A 10‐year tax and duty exemptions on operations of both the SEZ developer and SEZ occupants has been envisaged.) Finance District Light Goods Manufacturing/ Assembly Retail & Entertainment 5‐star Hotel Office Complexes (2 Nos.1% Retail & Entertainment 3. star hotels and others. the DBP will boast of two IT & ITeS parks/SEZs on 50 acre plot.) Aviation Academy Vehicle Parking spaces Area (in acres) 50 35 26 25 25 12 10 21.2% Vehicle Parking spaces 0.73 .1% Light Goods Manufacturing/ Assembly 8.27 Study on Development Potential around Bangalore International Airport Once completed.9% Aviation Academy 3.) Central Business District Multi‐Specialty Hospitals (3 Nos. nearly 2.

74 28.28 Study on Development Potential around Bangalore International Airport Description Roads & Utilities Greenery Area (in acres) 63.37 .

29 Study on Development Potential around Bangalore International Airport AEROTROPOLIS – AIRPORT CITY .

Downtown. The Airport City would be connected to the proposed high‐speed rail link and the road expressway from the central business district.2. It will have space to park over 40. Experts in the field are of the opinion that airports will shape business location and urban development in this century as much as seaports did in the 18th Century. office park and a software campus. malls. dedicated perimeter bus lanes with bus stands located at strategic points with over‐bridge/underpass pedestrian connections. At its heart there would be an airport. AEROTROPOLIS ‐ ZONES It would comprise three prime zones of development viz. Like SEZ. The Airport City proposed to be developed would spread over 215 acres and witness over a million people live and work in BIA. etc. railroads in the 19th Century and highways in 20th Century. Business Unit and Technology Centre.1. serviced apartments. golf courses. An Aerotropolis is a city in which the layout. wherein people will not only board/alight from flights but also relax. M G Road. multi‐story residential high‐rises. it is an airport township. and metropolis. The City would have more hotels complimenting one another. These are to be the new nerve centers of the modern civilisation. AEROTROPOLIS Aerotropolis is a word that is created out of two words – airport. . In short. PCPIR or Chemical Hub. which would be surrounded by residential units. it is another new term that we must familiarize ourselves with in order to understand the neoliberal onslaught on the masses. along with destination retail.30 Study on Development Potential around Bangalore International Airport 6. 6. BIAL envisages the Airport City to be a flourishing destination in itself. do business and shop. CONNECTIVITY & TRANSPORT INFRASTRUCTURE The City can be accessed by a ringed network transport system consisting wide three lane roads. infrastructure and economy are centered around a major airport. hotels. 6.000 cars. Each area is positioned differently.

The Airport City will create one lakh jobs for qualified people. the hotel is located within walking distance from the terminal building. It will house a shopping area with various retail formats. which has recently been formally approved by the government of India. Downtown will be positioned as a typical urban entertainment hub spread over approximately 39 acres of land. DOWNTOWN Closest to the terminal building.2. 6. Business Unit will be built on approximately 46 acres of land. a 3 star and 4 star hotel. 6.2. TECHNOLOGY CENTRE To promote the concept of ‘Bengaluru International Airport’ as a business address. entertainment facilities.3. the busy traveller and the executive will have easy access to a hotel at the BIA. Airport Hotel: Avoiding gridlocking the central business district of Bangalore. BUSINESS UNIT Lying between the Downtown area on the east and the middle area on the west. It will house a business‐ park for premium office space and consist of support retail. is expected to be a hub for global multinational conglomerates that will have the option of establishing high‐end research campuses for highly qualified personnel engaged in cutting edge development.1.2. It will strengthen and foster the economic growth of the City and the State . Constructed by a consortium of Larsen and Toubro and the Oberoi Group under the ‘Trident’ brand at a cost of Rs 250 crore.2.31 Study on Development Potential around Bangalore International Airport 6. the Technology Centre spread over 90 acres and situated just a few minutes drive from the airport terminal building. The Technology Centre is part of a multi‐product SEZ. offices and hospitality facilities. An ‘Airport Visitor Centre’ is also planned opposite the Downtown area.

32 Study on Development Potential around Bangalore International Airport GLOBAL FINANCIAL DISTRICT .

which will also house a residential township. Some of the features of this district are. . spread over 150 acres. The district would provide specialized services for banks. • • • An investment of about Rs. Industrial Finance Corporation of India (IFCI) has planned to invest Rs. expected to be ready in the next 18 months. insurance companies.000 crore to set a base in the proposed global financial district in 50 acres of area out of total 150 acre district.33 Study on Development Potential around Bangalore International Airport 7. 1. 1. stock exchanges and others players in the financial services sector. GLOBAL FINANCIAL DISTRICT To promote the State as a global investment destination.000 crore planned in 150 acres of land 45 banks have shown interest to have their offices in the hub The project would include a township for the employees of the institutions in the district • India Infrastructure Finance Corporation has come forward to set up the hub in association with the banks that show interest in investing on the project This hub. the government is in talks with banking giants to set up a Global Financial District near Devanahalli. will house corporate arms of all leading banks in India. insurance companies and financial companies that deal with needs of industries.

34 Study on Development Potential around Bangalore International Airport AEROSPACE PARK .

.000 acre software park. About 250 acres of the land will be earmarked for a special economic zone (SEZ) in the aerospace hub. The park would include an aviation MRO‐related activities (maintenance. which will enable the aerospace industry to leverage the strengths of the IT sector. The aerospace park is being located adjacent to a 1. The Aero SEZ is being worked out in collaboration with the US Aerospace Supplier Development Mission to India to introduce American companies to Indian joint‐venture groups. The SEZ would also introduce the US companies to industry and government officials here to learn about opportunities they can exploit through various aerospace programmes.000 acre electronic hardware park and a 1. AEROSPACE PARK The park with facility for aircraft component manufacturing and accessories was being developed near the airport in 1000 acres area. and overhaul) and 250 acre of an export‐oriented aerospace SEZ. industry representatives. repair.35 Study on Development Potential around Bangalore International Airport 8. and Western original equipment manufacturers based here.

700 crore as investment.36 Study on Development Potential around Bangalore International Airport The proposed projects approved by the authority are as follows: Company Bangalore International Airport Ltd.65 Land (acres) 279 2095 150 Dynamatic technolgies 465. Hindustan Aeronatuics Ltd. Maintenance & Repair Aerospace Components Investment (crores) 3384.8 2100 Also among the major projects reported to have received the Udyog Mitra clearance for the Aero SEZ (special economic zone). The Indian initiatives at the SEZ would see Rs666 crore of investment from Sobha Nadathur Aerospace Pvt Ltd (Rs200 crore) and Dynamatic Technologies. is expected to see major US civil and military aviation companies as well as the European Aeronautics and Defence Systems (EADS) pump in up to Rs11. Fan cases. manufacturers of hydraulic equipment (Rs466 crore). an aviation hub in Devanahalli. . Welded Structural Assemblies. Engine and Engine components Ring Rolling. Product Airport based Multi Product SEZ TPE 331.

HOSPITALITY & ENTERTAINMENT .37 Study on Development Potential around Bangalore International Airport MEDICAL.

MEDICAL.136 crores spread across 6 acres of area 9. With 39 medical colleges and a prestigious university like Rajiv Gandhi University of Health Sciences.990 crores. Project Details – to set up 5000 Bed Super Specialty Hospital.1. Star Category Hotel and Service Apartments. According to the Medical Education minister of the state.990 crores in 30 acres Health care global enterprises ltd to set up Comprehensive Cancer Treatment Centre. It has also proposed to set up a super specialty hospital with following features: • • Proposed investment – Rs. Nursing College and Training Centre with an investment of Rs. . an exclusive health city would be developed at the Bengaluru International Airport through PPP in future. Karnataka State Tourism Development Corporation (KSTDC) would develop hub in 300 acres of land with facilities like private hospitals.38 Study on Development Potential around Bangalore International Airport 9. HOSPITALITY & ENTERTAINMENT MEDICAL TOURISM HUB Karnataka provides phenomenal tax benefits for healthcare investors. NARAYANA HRUDAYALAYA SUPER SPECIALITY HOSPITAL Narayana Hrudayalaya group has Narayana Health City at Bangalore covering 25 acres of land and Rabindranath Tagore International Institute of Cardiac Sciences and Rotary Narayana Nethralaya a Super Specialty Eye Hospital. diagnostic centers. Bangalore would become second in healthcare services in near future. Ayurvedic resorts and centers offering alternative systems of medicine The projects approved by the authority are. Centre of Excellence in Oncology. As per the study conducted by National Population Stabilisation Fund and National Informatics Centre.1. 9.1. • • Narayana Hrudayalaya Ltd to invest Rs. there are adequate human resources. Favourable weather is another big factor for most medical specialists to stay on in Bangalore.

Bangalore District. 350 crores has been planned to be set up in Devanahalli. Medical Education BANGALORE TURF CLUB The Karnataka Government has decided to shift the Bangalore Turf Club (BTC) located in the heart of the city to a new location. Chikkajala in Devanahalli taluk.600 Signatory to MOU from Govt – Principal Secretary. Bangalore Turf Club with an investment of Rs. Bangalore North Taluk. Employment Generation – 14.2.39 Study on Development Potential around Bangalore International Airport • Location – KIADB Industrial Area. . Bandikodigehalli & Bagalur). • • 9. Near Bangalore International Airport (Singahalli.

UPCOMING HOTEL PROJECTS AROUND DEVANAHALLI Zuri Hospitality India (Private) Ltd. near the new Bangalore International Airport.3. .40 Study on Development Potential around Bangalore International Airport 9. and Taj Airport Hotel and Holiday Inn at Devanahalli. Indian arm of the global Zuri Group promoted by a consortium of investors from the Middle East. Other hotel projects that are set to come up in this region include Oberoi at Bangalore International Airport. Hyatt Residency and Oberoi Luxury hotel in the Hebbal lake area. will soon start work on a new hotel project at Devanahalli. This 150 room five star hotel is being built at a cost of Rs 200 crore on a 6 acre plot and will be operational in the third quarter of 2011.

41 Study on Development Potential around Bangalore International Airport RESIDENTIAL COMPLEXES .

which is a residential community. At a time. RESIDENTIAL COMPLEXES According to real estate consulting firm Cushman & Wakefield. which has a land parcel of 600 acres for sale in the region. prices in the Yelahanka‐ Devanahalli stretch. 1500 crores. Biodiversity . QVC Realty is aslo coming up with ‘QVC Hills’. right immediately after the Bangalore International Airport project was announced. Multiple premium residential complexes coming up in and around Devanahalli are expected to bring ina total investment of Rs. the prices quoted by owners of these land banks range between Rs 25 lakh and Rs 1 crore an acre.42 Study on Development Potential around Bangalore International Airport 10. According to a leading city‐based broking firm. spread over 62. when sale of residential units have apparently taken a hit due to high home loan interest rates. ruled around Rs 50 lakh to 3 crore per acre. interest seems to be running high in properties being developed around Devanahalli area.5 acres located at the foothills of Nandi Hills in North Bangalore.

semi‐luxury and luxury segments. .5 acres of land. Prestige Estates Projects Pvt Ltd will shortly be launching a villa development —Prestige Oasis with 182 independent homes spread on 33. Riding on this overwhelming success. in partnership with Singapore’s Jurong International Group. has a pipeline of projects in North Bangalore that cater to value‐for‐money. The MetroCorp Group. set the trend for luxury residential townships. ‘Prestige Golf Shire’ on the foothills of Nandi Hills. with two more ambitious eco‐projects — both residential — which are on the anvil and will be launched later this year. In the next few years. Director. one of the early developers to invest in the potential of North Bangalore. the MetroCorp Group. They are also marketing an apartment complex.43 Study on Development Potential around Bangalore International Airport Conservation (India) Ltd has on offer the small but much‐celebrated residential BCIL Collective. Vakil Housing Development Corporation Pvt Ltd. and Prestige Kensington Gardens is under construction. According to Ali Vakil. Prestige Wellington Park. this area will witness significant boom in terms of new structures. North Bangalore still has tremendous potential left. Prestige Estate Projects Pvt Ltd has recently launched a premium development. employment and support services. Jakkur and Hebbal that are yet to be announced. Mantri Developers has upcoming projects in Hennur. has its flagship project MetroCorp Nirvana. BCIL has laid its bets on this area. because the upcoming airport still lacks sufficient support infrastructure.

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