Mumbai-Bangalore Industrial Corridor

Q: Will the corridor help in boosting the realty in Tumkur road?

Seshagiri Mehra, Bangalore

15th June 2013

Locality Review in Bangalore

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apartments in tumkur road

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Replies (10)

HI, The newly announced Budget for the year 2014--15 has given special emphasis to the city of Tumkur.. that will be developed as one of the smart city on the industrial corridor... this will definitely ensure that the area will see its growth and real estate here will get a direct boost.

Girish Gupta, Bangalore

11th July 2014

Comment

The Bangalore-Mumbai corridor will be an add on to its growth of the real estate market in that area. The shifting of the Peenya industrial belt to Dobbaspet in west Bangalore is also going to help Bangalore West picking up its industrial activity.

Aakash Nair, Bangalore

17th June 2013

Comment

The corridor connects Bangalore with other prime cities of Karnataka, namely Belur, Hukeri, Shimoga, Haveri, Yelhurga, Navanagara, Bharamasagara, Savanur and Kushtagi along with Pune, one of the major industrial hubs of the country. To add to it, the mega industrial corridor also comprises of some major Tier II cities of Maharashtra like Kolhapur and Satara. Proactive government attempts, scope of large land parcels and upcoming industrial developments are sure to lure a slew of investors to this corridor.

Somesh Venkatesh, Bangalore

20th July 2013

According to property consultants, industrial growth and better connectivity are going to be the key drivers for the realty growth in the region. NICE corridor is another significant project which has brought the region into the limelight. Fortifying of the Outer Ring Road through Dabaspet to Devanahalli, where the airport terminal is situated, is likely to boost the connectivity factor significantly.

Somesh Venkatesh, Bangalore

20th July 2013

Tumkur Road has now transformed into a part of the city owing to its rapid growth in real estate sector which was considered as a village in the outskirts of Bangalore. Till today, around 17 residential apartment projects were launched and it is expected to supply about 5,099 units in the micro-market on a collective basis.

Karthik Deshmukh, Bangalore

17th June 2013

Comment

According to the market reports, it further confirm that the region encompassing the 4-5 km radius on both sides of Tumkur road is likely to grow as an influential zone for the proposed corridor. The residential belts near Hesaraghatta, Magadi road and Jalahalli to Yeshwanthpur are likely to spur because of the proposed corridor. The corridor is also expected to benefit the micro-market and trigger the demand for real estate asset classes namely commercial, retail, hotel, residential and industrial infrastructure.

Hanif Laskar, Bangalore

20th July 2013

Since last four to five years the area has turned into one of the fastest developing micro market in the city. Tumkur road is also emerging as an attractive destination for graded shopping centers and standalone developments

Eklavya Jain, Bangalore

17th June 2013

Comment

How is the real estate scenario in Tumkur Road?

Chittranjan Pillai, Bangalore

16th June 2013

Comment

Other proposed and on-going infrastructural development initiative in this area are the Peripheral Ring Road and the Metro Rail phases 1 and 2 which will again help in boosting the real estate market. There are large industrial land parcels waiting to be released for quality real estate development with the growth of economic drivers in the area.

Rakesh, Bangalore

16th June 2013

Comment

In the recent past, the key infrastructure projects existing in this area include the Bangalore-Mysore Infrastructure Corridor, the Bangalore International Exhibition Centre and the elevated expressway

Bijoy Singh, Bangalore

16th June 2013

Comment

What are the existing key infrastructural project in that area and what are the upcoming projects?

Seshagiri Mehra, Bangalore

15th June 2013

Comment

In last seven-eight years Tumkur Road and its surroundings have been seeing significant growth and improvement in terms of infrastructure in general and connectivity in particular.

Himanshu Dixit, Bangalore

15th June 2013

Comment

The development will increase the demand for residential, commercial, office, retail, hotel and industrial infrastructure. The proposed Mumbai-Bangalore Industrial Corridor is expected to connect Bangalore City in the north-western side of the city along Tumkur Road.

Kunal,

15th June 2013

Comment

In an attempt to give a major thrust to the realty market of Bangalore and Mumbai, the proposed corridor is likely to fuel the real estate and industrial activity of both the cities, connected along the route. The project is expected to leverage the commercial, residential and industrial infrastructure together with the ongoing developments that are aimed to transform the micro-market along Tumkur Road into a prime growth node of Bangalore.

Somesh Venkatesh, Bangalore

20th July 2013

The proposed corridor has its own set of benefits that is going to leverage both city’s respectively. The corridor will cut down on both time and distance between the Mumbai-Pune-Bangalore routes and will help the commuters significantly. From improving the commerce in Maharashtra and Karnataka to connecting India’s financial capital( Mumbai) with the IT capital (Bangalore), the corridor is likely to be a boon for both the states.

Girish Gupta, Bangalore

20th July 2013

Adding to its credentials, the corridor is expected to harbor cement, ready-made garments, steel, auto components, cement, textile and food processing industries. This will inevitably stimulate the employment opportunities in the coming years, especially after UK’s financial aid for the proposed corridor.

Girish Gupta, Bangalore

20th July 2013