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


Over 2. located in the southern part of India. Bangalore is one of the fastest growing metropolises in Asia. Apart from strong education system that is a continuous source of quality manpower and industry friendly policies. .3 billion) and directly employing over 650. Andhra Pradesh to the East. Maharashtra to the North.000 professionals. 1.25% per year in the last decade.1. the existence of complementary and supplementary industries also makes Bangalore the fourth largest IT cluster in the world. Garden City and Pensioner's Paradise. Bangalore’s unique advantage also emanates from the mature and thriving ecosystem that supports the IT and ITES sector. Bangalore population has been growing at a rate of 3. Tamil Nadu to the Southeast. Goa to the Northwest. The State is bordered by the Arabian Sea to the West. and Kerala to the Southwest. the city has been able to retain its traditional charm. despite the onslaught of modernism. With an economic growth of 10.000 IT & IT Enabled Services (ITES) companies.83 per cent of India's geographical area. is the ninth most populated State in India and is divided into 29 Districts with a total area of 191.791 sq km that accounts for 5.3%. Bangalore is the administrative and financial capital of the State. BANGALORE – THE BURGEONING METROPOLIS Karnataka. BANGALORE ‐ INDUSTRY PROFILE Bangalore is the Information Technology (IT) & Bio‐technology (BT) capital of India.5 Study on Development Potential around Bangalore International Airport 1. including more than 100 Fortune‐500 companies have established their operations in Bangalore generating IT & ITES exports of around INR 700 billion (US$ 16. Karnataka State is extending approximately 700 km along the North ‐ South direction and 400 Km approximately in the East ‐ West direction. With sobriquets such as Silicon Valley.

Accenture. South‐East Bangalore (Electronic City spread over 440 acres. Bangalore and its surroundings house manufacturing facilities of Toyota. and accounting for more than 60% of total BT exports from India. Over the past few years. ABB. major real estate projects and developments are witnessed between Bangalore city and new International Airport. TESCO. IT & ITES companies are concentrated in and around Central Business District. Presently. Volvo. However. JP Morgan Chase and Goldman Sachs. Alcan. Astra Zeneca.6 Study on Development Potential around Bangalore International Airport Some of the prominent Fortune‐500 companies having operations in Bangalore are General Electric. Bangalore is home to around 200 Bio‐tech companies (more than 50% of Bio‐tech companies in India).a. ING. Siemens. Annual disposable income of the professionals employed in IT&ITES sector at Bangalore is estimated to be around INR 120 billion (US$ 2.000 medical tourists visited India for medical treatment to the tune of US$ 600 million in 2007. Sun Microsystems. IBM. HSBC. . AXA. 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. Societe Generale. Tyco. Bosch. with the International Airport becoming operational near Devanahalli (40 kms North of Bangalore). Bosch and other large & medium scale industries in various industrial areas in and around Bangalore. East Bangalore (Whitefield. Honeywell. Citigroup. HP. 3M. Intel. Tyco. Toyota. Sarjapur‐Outer Ring Road). International Tech Park Bangalore (ITB) developed by Ascendas). which is expected to increase to US$ 2 billion by 2012. Over 200. Prominent Indian IT&ITES companies like Infosys and Wipro have their headquarters in Bangalore. CISCO. Apart from IT & ITES sector. while Satyam & TCS have major operations in the city.79 billion) per annum. Motorola. Dell. which are growing at 40% p. Flextronics. Microsoft.

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

1. The airport is located 4 km south of Devanahalli. just before midnight.The airport is host to 9 domestic airlines and 19 international airlines connecting the city to about 50 destinations across India and the world. Karnataka. India. The airport is expected to handle 17 million passengers in the year 2015.1. It was expected to be inaugurated on 30 March 2008 but due to delays in air traffic control (ATC) services. It has replaced the old HAL Bangalore International Airport. The BIA covers about 4. fully four‐level building capable of accommodating international and domestic operations. BANGALORE INTERNATIONAL AIPRORT‐ FEATURES 2. rest areas and services. Construction of the airport began in July 2005. The airport handled about 9. The arrival and departure areas are separated vertically with a . DESIGN AND FACILITIES The passenger terminal is a single. The basement houses the retail storage. BANGALORE INTERNATIONAL AIRPORT Bangalore International Airport (BIA) is an international airport serving the city of Bangalore (Bangalore). after a decade long postponement. 40 km from the central business district of Bangalore and 30 km from the Bangalore City Railway Station.3 million passengers and had air traffic movements (ATM) of about 280 per day in the year 2009.1.000 acres of area. 2. it started its operations on the night of 23 May 2008.8 Study on Development Potential around Bangalore International Airport 2.

1. 2. The airport can handle 14 million passengers a year with 27 aircraft movements an hour. spread over 11 acres of land. Bangalore International Airport also have a retail centre.840. It is expected to strengthen the commerce and trade in Bangalore.076ft) by 45m (150ft) with light paved shoulders making it 60m (200ft).000 passengers at peak times. simple. A car park for 4. All facilities meet IATA standards. The design reflects the best industry practice and caters for 24‐hour operations. which can accommodate all types of aircraft including the Airbus A380.900m (16. The terminal is designed for ease of operation and minimum maintenance. all of which have a fueling pit. This is the first time that the parking stands in Indian airports have had fuelling pits. orientated 09/27. The total floor area is approximately 171. Common‐use terminal equipment (CUTE) enabled check‐in counters: 117 and 66 self check‐in counters. straight‐ahead flow system. a multi‐cuisine food court area.000 cars was built in front of the terminal building at ground level. The terminal building is designed to accommodate 3. including nine double arm and 19 remote bus bays. There are a total of 82 aircraft stands. CARGO VILLAGE The airport's cargo village. is 4.2. The airport has 40gates and 18 air bridges.9 Study on Development Potential around Bangalore International Airport modern. began operations in early January 2009. . and a day care facility for the children of the passengers. ensuring speedy clearances of import and export consignments from the cargo terminals at the airport.000ft²).000m² (1. The runway. under all weather conditions. an adventure play area. 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 airport currently has one runway.

finance and operation of the flight kitchen at the new Bangalore International Airport. ROAD AND RAIL INFRASTRUCTURE As the new airport is 40km (25 miles) outside the city. Skytanking is a major independent jet fuel handling company and operates various aviation fuel facilities worldwide.1. BIAL has also selected catering partners. It is owned by the Hamburg‐ based company Marquard and Bahls. The facility will house 120 freight forwarders and 80 custom house agents. Each of the selected consortiums is responsible for the design. PARTNERS FOR AIRPORT SERVICES Bangalore International Airport is the first airport in India to operate under a truly open‐ access model.10 Study on Development Potential around Bangalore International Airport An investment of about $2. The airport was opened with the capacity to handle 11‐12 million passengers a year and 27 aircraft an hour. especially in Europe and the United States. construction. These are LSG Sky Chefs and Taj SATS. 2. is being planned to connect the city to the airport. Indian Oil is the largest oil company and also the largest aviation fuel company in India.4. 2.1. a new high‐speed rail link. BIAL may award a third license for air catering at a later date. which was completed over a period of ten months.3. The consortium is Indian Oil / Indian Oiltanking / Skytanking. BIAL has selected its strategic partner for the new airport's aviation fuel facility. 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. Indian Oiltanking is a 50/50 joint venture between Indian Oil and Marquard and Bahls. Each party holds one third in the equity of the consortium.5m (INR120m) has been made towards the facility. The combined investment is over $14m (INR700m) and the duration of the contract is 15 years. The various road and rail connectivity means are as follows: .

Hi‐Speed Airport Rail link of around 34 kms from CBD to the Airport is under development.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. which can sustain higher traffic due to airport expansion and expected real estate developments on either sides of the NH‐7. . • 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. • In order to ensure fast and easy connectivity from Bangalore City Centre to the International Airport. which will enable passengers to reach the Airport around 25 minutes.5 billion). NHAI is in the process of widening the NH‐7 from existing 6‐lanes to 8‐lanes. The project is expected to be completed by 2010‐11.

• 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.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. development of 5 integrated townships. . power plant. 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.

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. 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. through NH‐Yelahanka people can also reach BIAL through Yelahanka via Vidyaranyapura where traffic is less congested. 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.

Devanahalli and Vijayapura in the outskirts of the city.5.14 Study on Development Potential around Bangalore International Airport 2.000 by the time the airport was finished in 2008. also proposes separate sewage treatment plants for each of the major towns. The airport area covering three towns and 347 villages would ensure that the entire course of water resources and catchment areas are maintained. BIAAPA is also proposing to mandate rainwater harvesting in the airport. Dodaballapur taluks. and the water resources . This is despite the fact that there will be greater population pressure in the area. 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. 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. projecting land‐use zoning in the next 15 years.000 to over 10. as per BIAAPA. a Special Economic Zone and commercial developments are proposed within the Airport.1. It was expected that the population in the area would from 2. as water is one resource that the region and its residents are short of. 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. 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 area. The ODP. Devanahalli. As part of BIA project. no development will be allowed to destroy the natural river valley network in comprising part of Bangalore North.

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 .

And this is apart from the investments coming in from the hospitality industry and the entertainment sector.17 Study on Development Potential around Bangalore International Airport 3. is emerging as a sister city to Bangalore with major investments pouring in for development. PROPOSED DEVELOPMENT Devanahalli. 1.000 crore worth would develop this once sedate location booming with activity to compete with Bangalore in terms of business and social life. The developments proposed around the Bangalore international airport are categorized as follows: • Information Technology / Information Technology enabled services & Biotechnology • Special economic zones . with enhanced connectivity. which is expected to prop up this place as an ideal social location in addition to an industrial hub. A cumulative investment of close to Rs.15.

466 crore). Also among the major projects reported to have received. Crores) 990 Employment generation 14. Star Category Hotel and Service Apartments To set up Technology Centre for Oil & Gas related Singahalli. The details of the MoUs signed during the GIM for the projects located around Bangalore International Airport are set out in the table below. Bandikodigeh alli & Bagalur KIADB Hardware 1.200 .600 1 Narayana Hrudayalaya Pvt.73. During the meet 413 MoUs (Memorandum of Understandings) were signed of value Rs 4. manufacturers of hydraulic equipment (Rs.1.000 acres of land would be acquired to set up the Information Technology Investment Region (ITIR). 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.376 1. 2010. 200 crore) and Dynamatic Technologies. The Indian initiatives at the SEZ would see Rs.382 crore. Ltd Shell Technology 2 To set up 5000 Bed Super Speciality Hospital. an aviation hub in Devanahalli. 666 crore of investment from Sobha Nadathur Aerospace Pvt Ltd (Rs. the Udyog Mitra clearance for the Aero SEZ (special economic zone). 11. S No Company Project Location Proposed investment (Rs.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. 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. 3.700 crore as investment.

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. Ring Rolling. Maintenance. Devanahalli Aerospace SEZ.300 8 To set up 5 Star Hotel. Fan cases. Devanahalli KIADB Aerospace Industrial Area.19 Study on Development Potential around Bangalore International Airport India Pvt. Office space and Serviced Apartment Hebbal 119 2.631 Bangalore International Airport.000 10 Hardware Design Development And Hardware Park.100 Bellary road 971 760 9 Comprehensive Treatment Centre Cancer Devanahalli 137 1. Welded Structural assemblies. Devanahalli 486 8.683 .095 1. Office Space & Service Apartments To set up Hotel. 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. Devanahalli 2. Devenahalli Devanahalli Industrial Area 316 235 466 2.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.

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

INFORMATION TECHNOLOGY INVESTMENT REGION (ITIR) The proposed ITIR would be specifically delineated investment region with a minimum area of around 40 Sq. INFORMATION TECHNOLOGY. It is located at a distance of 15 km from Bangalore International Airport. residential areas and administrative services.000 acres of land). 2010 and is under development. Industrial Parks. logistics. The city already has two technology parks located in south and southeast ‐ Electronic City. The project has received final central and state cabinet approval on January 28th. The ITIR would be a combination of production units. Export oriented units. The new hub will come up in the northeast part of the city.kms. and Chikballapur. It would be situated at the Nandi foothills near Muddenahalli. environmental protection mechanisms. with excellent infrastructure.which may include Special Economic Zones. Free trade and Warehousing zones.000 crore. and International Tech Park Ltd. 4.00.21 Study on Development Potential around Bangalore International Airport 4. public utilities. 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. . (about 10. INFORMATION TECHNOLOGY ENABLED SERVICES & BIOTECHNOLOGY With Bangalore being home to some of the most high tech industries in India.1. Kanivenarayanapura.

transportation. roads. The Karnataka State Electronics Development Corporation (KEONICS) has recently issued Expression of Interest (EOI) for developing the region. Basic infrastructure such as road. schools and other public utilities. The ITIRs would generate direct and indirect employment during the construction and operational phases. The policy envisages that State governments would ensure the provision of physical infrastructure and utilities. sewerage and effluent treatment facilities. and Cognizant have signaled an interest in joining. and will include environmental protection mechanisms. water. The region would be developed as an integrated township through public private partnership. Public uitilities. residential area. SEZs. Total cost is expected to be one lakh crore rupees ($22 Billion). sewerage and effluent treatment facilities within notified ITIRs. social infrastructure and administrative services. 4. Wipro. Development would involve a Centre‐State partnership in conjunction with private partners. The initiative will provide direct employment to 1. a separate legislation would be enacted by the state government to govern the proposed ITIR area. Such regions could include new integrated townships. 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. 55 multinational IT companies including Infosys. In lines with this policy.8 million. including power.1.2 million people and indirect employment to 2. The regions would be a combination of IT/ITES and Electronics Hardware Manufacturing Units. industrial parks etc. The township will have residential areas. there would be a clear delineation between the IT/ITES areas and Electronic Hardware Manufacturing areas.22 Study on Development Potential around Bangalore International Airport The ITIR is one of the largest infrastructure projects in Karnataka's history. The State governments would provide physical infrastructure and utilities. ITIRs were conceptualized keeping in view the need to boost the growth of both IT/ITES and Electronic Hardware Manufacturing (EHM) Units. In the ITIR. TCS. water. rail and telecommunication links would be provided by the Centre.1. including power. .

transportation.. 4. Crores 506.000 people.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. water. sewerage and effluent treatment facilities) are planned for IT/ITES and EHM Units. Ltd.7 25 15 . State Government would select the developers/co‐developers through a transparent process. The State Government would ensure that all physical infrastructure and utilities within its jurisdiction (power. Airport and Rail links to the ITIRs. The Public‐Private Partnership (PPP) route is advocated for the development of ITIRs. The other investment proposals approved by the authority are as follows: Company Name Blue Hill Informatics Pvt.2. Chandra Developers Pvt. Product SEZ for IT/ITES SEZ for IT/ITES Investment in Rs. Cornerstone Shelters Pvt. ETL Infrastructure Services Ltd. Ltd Itasca Software Development Pvt.98 993 33. employing 15. at an investment of Rs. 710 crore for 12. Wipro have also planned to come up with IT/ITeS SEZ in Devanahalli taluk. Ltd. Ltd. 477 crore.000 seat software developments centre over 40 acres in Devanahalli Industrial Area. Ltd TCS Ltd Indiland SEZ Projects (Bangalore) Pvt. The ITIRs will be developed in a phased manner. Ltd. roads. The Central Government will facilitate development of National Highways. 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. The minimum processing area will be 40% of the total area of the ITIR.5 100 25 Ranka & Shah Developers Pvt.9 1130 Land (acres) 112 325 SEZ for IT/ITES IT / ITES SEZ 500 443. OTHER PROPOSED DEVELOPMENTS Infosys have planned to invest Rs.

Crores 477 445. Product IT/ITES SEZ IT/ITES – BPO & Software Development Investment in Rs.24 Study on Development Potential around Bangalore International Airport Company Name Wipro Limited Just Dial Pvt.08 Land (acres) 40 15 . Ltd.

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

Karnataka State Industrial Investment & Development Corporation Limited (KSIIDC). is developing DBP on the site of around 413.26 Study on Development Potential around Bangalore International Airport 5.65 acres owned by KSIIDC along the National Highway‐7 (NH‐7) and adjoining the northern boundary of Bengaluru International Airport (BIA) near Devanahalli. . at the behest of Government of Karnataka (GoK). 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). around 35 kms north of Bangalore city.2 billion over the next five to seven years.

) Central Business District Multi‐Specialty Hospitals (3 Nos. the DBP will boast of two IT & ITeS parks/SEZs on 50 acre plot.) Finance District Light Goods Manufacturing/ Assembly Retail & Entertainment 5‐star Hotel Office Complexes (2 Nos.27 Study on Development Potential around Bangalore International Airport Once completed.23 10 2.3% IT & ITES Parks/SEZs 16.9% 5‐star Hotel 3.9% Aviation Academy 3.2% Vehicle Parking spaces 0. a central business district on 35 acre plot.5 lakh people are expected to work or visit the DBP. besides other facilities such as three multi‐speciality hospitals. aviation academy and other utilities.1% Light Goods Manufacturing/ Assembly 8. star hotels and others. special economic zones.9% CBD 11. As per the suggested land use plan. A 10‐year tax and duty exemptions on operations of both the SEZ developer and SEZ occupants has been envisaged. entertainment area. retail & entertainment.73 . The suggested land use plan for the business park as per authority is as follows: DBP ‐ Land use plan Multi‐Specialty Hospitals 8. finance district.4% Finance District 8. Among those that have been planned in the park include multi‐speciality hospitals.2% Office Complexes 6.1% Retail & Entertainment 3. nearly 2.) Aviation Academy Vehicle Parking spaces Area (in acres) 50 35 26 25 25 12 10 21. office complex.6% Description IT & ITES Parks/SEZs (2 Nos.2% Greenery 9.2% Roads & Utilities 20.

28 Study on Development Potential around Bangalore International Airport Description Roads & Utilities Greenery Area (in acres) 63.37 .74 28.

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

AEROTROPOLIS Aerotropolis is a word that is created out of two words – airport. hotels. malls. PCPIR or Chemical Hub. CONNECTIVITY & TRANSPORT INFRASTRUCTURE The City can be accessed by a ringed network transport system consisting wide three lane roads. . do business and shop. dedicated perimeter bus lanes with bus stands located at strategic points with over‐bridge/underpass pedestrian connections. Each area is positioned differently. along with destination retail. and metropolis. infrastructure and economy are centered around a major airport. it is an airport township.1. etc. It will have space to park over 40. wherein people will not only board/alight from flights but also relax. The Airport City proposed to be developed would spread over 215 acres and witness over a million people live and work in BIA. An Aerotropolis is a city in which the layout. The City would have more hotels complimenting one another. BIAL envisages the Airport City to be a flourishing destination in itself.30 Study on Development Potential around Bangalore International Airport 6. office park and a software campus. serviced apartments.2. 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. M G Road.000 cars. These are to be the new nerve centers of the modern civilisation. multi‐story residential high‐rises. golf courses. Like SEZ. In short. At its heart there would be an airport. Downtown. AEROTROPOLIS ‐ ZONES It would comprise three prime zones of development viz. 6. Business Unit and Technology Centre. which would be surrounded by residential units. 6. it is another new term that we must familiarize ourselves with in order to understand the neoliberal onslaught on the masses. The Airport City would be connected to the proposed high‐speed rail link and the road expressway from the central business district. railroads in the 19th Century and highways in 20th Century.

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. the Technology Centre spread over 90 acres and situated just a few minutes drive from the airport terminal building. The Airport City will create one lakh jobs for qualified people. the hotel is located within walking distance from the terminal building. TECHNOLOGY CENTRE To promote the concept of ‘Bengaluru International Airport’ as a business address. The Technology Centre is part of a multi‐product SEZ. which has recently been formally approved by the government of India. An ‘Airport Visitor Centre’ is also planned opposite the Downtown area. Airport Hotel: Avoiding gridlocking the central business district of Bangalore. entertainment facilities.31 Study on Development Potential around Bangalore International Airport 6. Downtown will be positioned as a typical urban entertainment hub spread over approximately 39 acres of land. a 3 star and 4 star hotel. It will house a shopping area with various retail formats. 6. It will house a business‐ park for premium office space and consist of support retail. 6. It will strengthen and foster the economic growth of the City and the State . DOWNTOWN Closest to the terminal building.2.2. the busy traveller and the executive will have easy access to a hotel at the BIA.1.3. Business Unit will be built on approximately 46 acres of land. Constructed by a consortium of Larsen and Toubro and the Oberoi Group under the ‘Trident’ brand at a cost of Rs 250 crore.2. BUSINESS UNIT Lying between the Downtown area on the east and the middle area on the west.2. offices and hospitality facilities.

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

1. Some of the features of this district are. will house corporate arms of all leading banks in India.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. stock exchanges and others players in the financial services sector. 1. spread over 150 acres. insurance companies and financial companies that deal with needs of industries. which will also house a residential township. The district would provide specialized services for banks. Industrial Finance Corporation of India (IFCI) has planned to invest Rs. • • • An investment of about Rs. . insurance companies. expected to be ready in the next 18 months. the government is in talks with banking giants to set up a Global Financial District near Devanahalli. 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.

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

and Western original equipment manufacturers based here. 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 aerospace park is being located adjacent to a 1. AEROSPACE PARK The park with facility for aircraft component manufacturing and accessories was being developed near the airport in 1000 acres area. 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. The park would include an aviation MRO‐related activities (maintenance. industry representatives. which will enable the aerospace industry to leverage the strengths of the IT sector.000 acre software park. About 250 acres of the land will be earmarked for a special economic zone (SEZ) in the aerospace hub.35 Study on Development Potential around Bangalore International Airport 8.000 acre electronic hardware park and a 1. repair. and overhaul) and 250 acre of an export‐oriented aerospace SEZ.

36 Study on Development Potential around Bangalore International Airport The proposed projects approved by the authority are as follows: Company Bangalore International Airport Ltd. 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. Engine and Engine components Ring Rolling. Fan cases. . manufacturers of hydraulic equipment (Rs466 crore). Hindustan Aeronatuics Ltd. Product Airport based Multi Product SEZ TPE 331. The Indian initiatives at the SEZ would see Rs666 crore of investment from Sobha Nadathur Aerospace Pvt Ltd (Rs200 crore) and Dynamatic Technologies. an aviation hub in Devanahalli.8 2100 Also among the major projects reported to have received the Udyog Mitra clearance for the Aero SEZ (special economic zone). Maintenance & Repair Aerospace Components Investment (crores) 3384. Welded Structural Assemblies.700 crore as investment.65 Land (acres) 279 2095 150 Dynamatic technolgies 465.

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

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

Bangalore Turf Club with an investment of Rs. Bandikodigehalli & Bagalur). 350 crores has been planned to be set up in Devanahalli.2. 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. . Bangalore District. Near Bangalore International Airport (Singahalli. Bangalore North Taluk. Employment Generation – 14. • • 9. Chikkajala in Devanahalli taluk.39 Study on Development Potential around Bangalore International Airport • Location – KIADB Industrial Area.600 Signatory to MOU from Govt – Principal Secretary.

UPCOMING HOTEL PROJECTS AROUND DEVANAHALLI Zuri Hospitality India (Private) Ltd. Other hotel projects that are set to come up in this region include Oberoi at Bangalore International Airport. near the new Bangalore International Airport. 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. Hyatt Residency and Oberoi Luxury hotel in the Hebbal lake area.3. Indian arm of the global Zuri Group promoted by a consortium of investors from the Middle East. . and Taj Airport Hotel and Holiday Inn at Devanahalli.40 Study on Development Potential around Bangalore International Airport 9. will soon start work on a new hotel project at Devanahalli.

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

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

. has its flagship project MetroCorp Nirvana. Prestige Estates Projects Pvt Ltd will shortly be launching a villa development —Prestige Oasis with 182 independent homes spread on 33.43 Study on Development Potential around Bangalore International Airport Conservation (India) Ltd has on offer the small but much‐celebrated residential BCIL Collective. set the trend for luxury residential townships. because the upcoming airport still lacks sufficient support infrastructure. the MetroCorp Group. Jakkur and Hebbal that are yet to be announced. Prestige Wellington Park. and Prestige Kensington Gardens is under construction. in partnership with Singapore’s Jurong International Group. has a pipeline of projects in North Bangalore that cater to value‐for‐money. According to Ali Vakil. BCIL has laid its bets on this area. ‘Prestige Golf Shire’ on the foothills of Nandi Hills. The MetroCorp Group. employment and support services. Director. Vakil Housing Development Corporation Pvt Ltd. Riding on this overwhelming success. Mantri Developers has upcoming projects in Hennur. Prestige Estate Projects Pvt Ltd has recently launched a premium development. with two more ambitious eco‐projects — both residential — which are on the anvil and will be launched later this year. They are also marketing an apartment complex. North Bangalore still has tremendous potential left. this area will witness significant boom in terms of new structures.5 acres of land. one of the early developers to invest in the potential of North Bangalore. semi‐luxury and luxury segments. In the next few years.

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