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

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Study on Development Potential around Bangalore International Airport


including more than 100 Fortune‐500 companies have established their operations in Bangalore generating IT & ITES exports of around INR 700 billion (US$ 16. despite the onslaught of modernism. Bangalore is the administrative and financial capital of the State.000 professionals.83 per cent of India's geographical area. Tamil Nadu to the Southeast. Apart from strong education system that is a continuous source of quality manpower and industry friendly policies. Maharashtra to the North.25% per year in the last decade. 1.1. Bangalore is one of the fastest growing metropolises in Asia. Bangalore’s unique advantage also emanates from the mature and thriving ecosystem that supports the IT and ITES sector. the city has been able to retain its traditional charm. BANGALORE – THE BURGEONING METROPOLIS Karnataka.5 Study on Development Potential around Bangalore International Airport 1. With sobriquets such as Silicon Valley. Goa to the Northwest. located in the southern part of India. With an economic growth of 10. Bangalore population has been growing at a rate of 3.3 billion) and directly employing over 650.000 IT & IT Enabled Services (ITES) companies. and Kerala to the Southwest. . Over 2. Andhra Pradesh to the East.3%. BANGALORE ‐ INDUSTRY PROFILE Bangalore is the Information Technology (IT) & Bio‐technology (BT) capital of India. Garden City and Pensioner's Paradise. 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.791 sq km that accounts for 5. The State is bordered by the Arabian Sea to the West. is the ninth most populated State in India and is divided into 29 Districts with a total area of 191.

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

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

India. DESIGN AND FACILITIES The passenger terminal is a single.1. It has replaced the old HAL Bangalore International Airport. it started its operations on the night of 23 May 2008. It was expected to be inaugurated on 30 March 2008 but due to delays in air traffic control (ATC) services. fully four‐level building capable of accommodating international and domestic operations. The airport handled about 9. Karnataka. The airport is located 4 km south of Devanahalli. The arrival and departure areas are separated vertically with a .1.The airport is host to 9 domestic airlines and 19 international airlines connecting the city to about 50 destinations across India and the world. BANGALORE INTERNATIONAL AIPRORT‐ FEATURES 2. Construction of the airport began in July 2005. 40 km from the central business district of Bangalore and 30 km from the Bangalore City Railway Station. The airport is expected to handle 17 million passengers in the year 2015. The BIA covers about 4. The basement houses the retail storage.3 million passengers and had air traffic movements (ATM) of about 280 per day in the year 2009. after a decade long postponement. just before midnight. 2.8 Study on Development Potential around Bangalore International Airport 2.1. BANGALORE INTERNATIONAL AIRPORT Bangalore International Airport (BIA) is an international airport serving the city of Bangalore (Bangalore).000 acres of area. rest areas and services.

2. The runway. Common‐use terminal equipment (CUTE) enabled check‐in counters: 117 and 66 self check‐in counters. ensuring speedy clearances of import and export consignments from the cargo terminals at the airport. which can accommodate all types of aircraft including the Airbus A380. all of which have a fueling pit. spread over 11 acres of land. is 4.900m (16. CARGO VILLAGE The airport's cargo village.000 passengers at peak times. orientated 09/27. . The airport has 40gates and 18 air bridges. A car park for 4. Bangalore International Airport also have a retail centre. All facilities meet IATA standards. This is the first time that the parking stands in Indian airports have had fuelling pits. simple. There are a total of 82 aircraft stands.076ft) by 45m (150ft) with light paved shoulders making it 60m (200ft). The total floor area is approximately 171.840. The airport can handle 14 million passengers a year with 27 aircraft movements an hour. It is expected to strengthen the commerce and trade in Bangalore. 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 2013‐2014.9 Study on Development Potential around Bangalore International Airport modern.000 cars was built in front of the terminal building at ground level. straight‐ahead flow system. The design reflects the best industry practice and caters for 24‐hour operations. The airport currently has one runway. an adventure play area.1. including nine double arm and 19 remote bus bays. The terminal is designed for ease of operation and minimum maintenance. under all weather conditions.2. The terminal building is designed to accommodate 3. and a day care facility for the children of the passengers.000ft²). began operations in early January 2009.000m² (1. a multi‐cuisine food court area.

The various road and rail connectivity means are as follows: . The airport was opened with the capacity to handle 11‐12 million passengers a year and 27 aircraft an hour. Indian Oiltanking is a 50/50 joint venture between Indian Oil and Marquard and Bahls. The consortium is Indian Oil / Indian Oiltanking / Skytanking. construction. The combined investment is over $14m (INR700m) and the duration of the contract is 15 years. Each party holds one third in the equity of the consortium. BIAL may award a third license for air catering at a later date. BIAL has selected its strategic partner for the new airport's aviation fuel facility. PARTNERS FOR AIRPORT SERVICES Bangalore International Airport is the first airport in India to operate under a truly open‐ access model. finance and operation of the flight kitchen at the new Bangalore International Airport.5m (INR120m) has been made towards the facility. Indian Oil is the largest oil company and also the largest aviation fuel company in India.1. 2. 2. These are LSG Sky Chefs and Taj SATS. especially in Europe and the United States.3. Skytanking is a major independent jet fuel handling company and operates various aviation fuel facilities worldwide. BIAL has also selected catering partners. a new high‐speed rail link. The facility will house 120 freight forwarders and 80 custom house agents.10 Study on Development Potential around Bangalore International Airport An investment of about $2.4. 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. ROAD AND RAIL INFRASTRUCTURE As the new airport is 40km (25 miles) outside the city. Each of the selected consortiums is responsible for the design.1. which was completed over a period of ten months. is being planned to connect the city to the airport.

5 billion). The project is expected to be completed by 2010‐11. • 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 can sustain higher traffic due to airport expansion and expected real estate developments on either sides of the NH‐7. 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. .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 will enable passengers to reach the Airport around 25 minutes.

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

and the number of buses on each route ensures a frequency of at least one every 30 minutes. 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. BMTC has 46 Volvo buses plying to the airport. . through NH‐Yelahanka people can also reach BIAL through Yelahanka via Vidyaranyapura where traffic is less congested.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. The airport can be reached through Hebbal via Bellary Road.

14 Study on Development Potential around Bangalore International Airport 2. no development will be allowed to destroy the natural river valley network in Doddaballapur. Devanahalli and Vijayapura in the outskirts of the city. 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.1.000 to over 10. as water is one resource that the region and its residents are short of. 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.000 by the time the airport was finished in 2008. a Special Economic Zone and commercial developments are proposed within the Airport. BIAAPA is also proposing to mandate rainwater harvesting in the airport. The airport area covering three towns and 347 villages would ensure that the entire course of water resources and catchment areas are maintained. 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. As part of BIA project. projecting land‐use zoning in the next 15 years. Dodaballapur taluks. and the water resources . It was expected that the population in the area would from 2.5. This is despite the fact that there will be greater population pressure in the comprising part of Bangalore North. The ODP. also proposes separate sewage treatment plants for each of the major towns. 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. Devanahalli. as per BIAAPA.

The proposed growth of population and economy as per CDP is expected to generate high travel demand.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. . Clearly in these areas careful planning is required to allocate and conserve resources.

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

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

666 crore of investment from Sobha Nadathur Aerospace Pvt Ltd (Rs.600 1 Narayana Hrudayalaya Pvt.73.700 crore as investment. Star Category Hotel and Service Apartments To set up Technology Centre for Oil & Gas related Singahalli.000 acres of land would be acquired to set up the Information Technology Investment Region (ITIR). the Udyog Mitra clearance for the Aero SEZ (special economic zone). 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. manufacturers of hydraulic equipment (Rs. The Indian initiatives at the SEZ would see Rs. Crores) 990 Employment generation 14. 200 crore) and Dynamatic Technologies. Ltd Shell Technology 2 To set up 5000 Bed Super Speciality Hospital. 466 crore). The details of the MoUs signed during the GIM for the projects located around Bangalore International Airport are set out in the table below. 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. Also among the major projects reported to have received.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. an aviation hub in Devanahalli.200 . Bandikodigeh alli & Bagalur KIADB Hardware 1. During the meet 413 MoUs (Memorandum of Understandings) were signed of value Rs 4. S No Company Project Location Proposed investment (Rs.1. 2010. 11. 3.

Fan cases.095 1. Maintenance.300 8 To set up 5 Star Hotel.631 Bangalore International Airport. 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.100 Bellary road 971 760 9 Comprehensive Treatment Centre Cancer Devanahalli 137 1. Devenahalli Devanahalli Industrial Area 316 235 466 2. Devanahalli KIADB Aerospace Industrial Area. Office Space & Service Apartments To set up Hotel.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 4.19 Study on Development Potential around Bangalore International Airport India Pvt.683 . Office space and Serviced Apartment Hebbal 119 2. Devanahalli Aerospace SEZ. Devanahalli 2. Devanahalli 486 8. Welded Structural assemblies.000 10 Hardware Design Development And Hardware Park. Ring Rolling.

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

The new hub will come up in the northeast part of the city. 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.kms. INFORMATION TECHNOLOGY ENABLED SERVICES & BIOTECHNOLOGY With Bangalore being home to some of the most high tech industries in India. residential areas and administrative services. 4. It would be situated at the Nandi foothills near Muddenahalli. logistics. 2010 and is under development. environmental protection mechanisms. and International Tech Park Ltd.000 crore. . (about 10.21 Study on Development Potential around Bangalore International Airport 4.which may include Special Economic Zones.00. public utilities. The city already has two technology parks located in south and southeast ‐ Electronic City. It is located at a distance of 15 km from Bangalore International Airport.1. The proposed developments around Bangalore International Airport are elucidated in the following sections. Kanivenarayanapura. Free trade and Warehousing zones. INFORMATION TECHNOLOGY.000 acres of land). The project has received final central and state cabinet approval on January 28th. INFORMATION TECHNOLOGY INVESTMENT REGION (ITIR) The proposed ITIR would be specifically delineated investment region with a minimum area of around 40 Sq. and Chikballapur. The ITIR would be a combination of production units. Export oriented units. with excellent infrastructure.

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

Ltd TCS Ltd Indiland SEZ Projects (Bangalore) Pvt. 710 crore for 12..000 people. 4. The State Government would ensure that all physical infrastructure and utilities within its jurisdiction (power. Cornerstone Shelters Pvt. roads. Chandra Developers Pvt. Wipro have also planned to come up with IT/ITeS SEZ in Devanahalli taluk. transportation. at an investment of Rs. 477 crore.7 25 15 . Airport and Rail links to the ITIRs. Info‐ Tech/Hardware/Bio‐ Tech Park with common facilities SEZ for IT/ITES IT/ITES Park IT Park ‐ Disaster Recovery Facility Centre 1600 200 430 459.23 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. OTHER PROPOSED DEVELOPMENTS Infosys have planned to invest Rs. Product SEZ for IT/ITES SEZ for IT/ITES Investment in Rs. The Public‐Private Partnership (PPP) route is advocated for the development of ITIRs. The ITIRs will be developed in a phased manner. The Central Government will facilitate development of National Highways. Ltd. The other investment proposals approved by the authority are as follows: Company Name Blue Hill Informatics Pvt. employing 15. Ltd Itasca Software Development Pvt. Ltd. Ltd. planned for IT/ITES and EHM Units. The minimum processing area will be 40% of the total area of the ITIR.2.98 993 33.9 1130 Land (acres) 112 325 SEZ for IT/ITES IT / ITES SEZ 500 443. Crores 506.000 seat software developments centre over 40 acres in Devanahalli Industrial Area.5 100 25 Ranka & Shah Developers Pvt. water. sewerage and effluent treatment facilities) are provided. ETL Infrastructure Services Ltd. State Government would select the developers/co‐developers through a transparent process.

Ltd. 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 .

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

. is developing DBP on the site of around 413.26 Study on Development Potential around Bangalore International Airport 5. around 35 kms north of Bangalore city. 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). at the behest of Government of Karnataka (GoK). Karnataka State Industrial Investment & Development Corporation Limited (KSIIDC).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 billion over the next five to seven years.

office complex.9% 5‐star Hotel 3.2% Greenery 9.) Aviation Academy Vehicle Parking spaces Area (in acres) 50 35 26 25 25 12 10 21. aviation academy and other utilities.2% Vehicle Parking spaces 0.) Finance District Light Goods Manufacturing/ Assembly Retail & Entertainment 5‐star Hotel Office Complexes (2 Nos. Among those that have been planned in the park include multi‐speciality hospitals.5 lakh people are expected to work or visit the DBP.9% Aviation Academy 3. finance district. star hotels and others. a central business district on 35 acre plot.6% Description IT & ITES Parks/SEZs (2 Nos. nearly 2.) Central Business District Multi‐Specialty Hospitals (3 Nos.9% CBD 11. As per the suggested land use plan.73 .2% Roads & Utilities 20. The suggested land use plan for the business park as per authority is as follows: DBP ‐ Land use plan Multi‐Specialty Hospitals 8. special economic zones.4% Finance District 8.2% Office Complexes 6.1% Retail & Entertainment 3.1% Light Goods Manufacturing/ Assembly 8. retail & entertainment.3% IT & ITES Parks/SEZs 16.23 10 2.27 Study on Development Potential around Bangalore International Airport Once completed. besides other facilities such as three multi‐speciality hospitals. A 10‐year tax and duty exemptions on operations of both the SEZ developer and SEZ occupants has been envisaged. entertainment area. the DBP will boast of two IT & ITeS parks/SEZs on 50 acre plot.

37 .28 Study on Development Potential around Bangalore International Airport Description Roads & Utilities Greenery Area (in acres) 63.74 28.

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

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

1. It will house a shopping area with various retail formats. It will house a business‐ park for premium office space and consist of support retail. An ‘Airport Visitor Centre’ is also planned opposite the Downtown area. BUSINESS UNIT Lying between the Downtown area on the east and the middle area on the west. Business Unit will be built on approximately 46 acres of land. The Airport City will create one lakh jobs for qualified people. It will strengthen and foster the economic growth of the City and the State . 6.2.2. DOWNTOWN Closest to the terminal building. the busy traveller and the executive will have easy access to a hotel at the BIA. a 3 star and 4 star hotel. TECHNOLOGY CENTRE To promote the concept of ‘Bengaluru International Airport’ as a business address.3. the Technology Centre spread over 90 acres and situated just a few minutes drive from the airport terminal building. offices and hospitality facilities. 6.31 Study on Development Potential around Bangalore International Airport 6. Constructed by a consortium of Larsen and Toubro and the Oberoi Group under the ‘Trident’ brand at a cost of Rs 250 crore. The Technology Centre is part of a multi‐product SEZ. entertainment facilities. the hotel is located within walking distance from the terminal building.2. which has recently been formally approved by the government of India.2. Airport Hotel: Avoiding gridlocking the central business district of Bangalore. Downtown will be positioned as a typical urban entertainment hub spread over approximately 39 acres of land. 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.

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

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

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

which will enable the aerospace industry to leverage the strengths of the IT sector.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 Western original equipment manufacturers based here.000 acre software park. The aerospace park is being located adjacent to a 1.35 Study on Development Potential around Bangalore International Airport 8. About 250 acres of the land will be earmarked for a special economic zone (SEZ) in the aerospace hub. industry representatives. repair. The park would include an aviation MRO‐related activities (maintenance. 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. and overhaul) and 250 acre of an export‐oriented aerospace SEZ. 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. .

700 crore as investment.65 Land (acres) 279 2095 150 Dynamatic technolgies 465. Fan cases. Engine and Engine components Ring Rolling. . Hindustan Aeronatuics Ltd. Maintenance & Repair Aerospace Components Investment (crores) 3384. Product Airport based Multi Product SEZ TPE 331. 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). manufacturers of hydraulic equipment (Rs466 crore).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. Welded Structural Assemblies. The Indian initiatives at the SEZ would see Rs666 crore of investment from Sobha Nadathur Aerospace Pvt Ltd (Rs200 crore) and Dynamatic Technologies.

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

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

Chikkajala in Devanahalli taluk. Employment Generation – 14. Bangalore Turf Club with an investment of Rs.600 Signatory to MOU from Govt – Principal Secretary. . • • 9.2. 350 crores has been planned to be set up in Devanahalli. Bangalore North Taluk. Near Bangalore International Airport (Singahalli.39 Study on Development Potential around Bangalore International Airport • Location – KIADB Industrial Area. Bangalore District. Bandikodigehalli & Bagalur). 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.

UPCOMING HOTEL PROJECTS AROUND DEVANAHALLI Zuri Hospitality India (Private) Ltd. 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 2011.3.40 Study on Development Potential around Bangalore International Airport 9. Hyatt Residency and Oberoi Luxury hotel in the Hebbal lake area. will soon start work on a new hotel project at Devanahalli. . Other hotel projects that are set to come up in this region include Oberoi at Bangalore International Airport. and Taj Airport Hotel and Holiday Inn at Devanahalli. near the new Bangalore International Airport. Indian arm of the global Zuri Group promoted by a consortium of investors from the Middle East.

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

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

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

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