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Real Estate Forum on Prr Project

Real Estate Property Discussion Forum and Guide to Real Estate Queries

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Q: It seems that the government is planning to change the PRR plan. Is it true?

Latest Answer: The delay has escalated the cost of the project in many ways. From Rs 550 crore in 2005, it escalated to Rs 5,800 crore in 2012. Now, BDA is planning to revised the land acquisition rates which will again go up as the land prices have increased in the ratio of 1:3. :( :(
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Q: Will the PRR project impact the real estate sector in Bangalore?
Latest Answer: Once the proposed Peripheral ring road (PRR) is in place, places like Whitefield, Electronic city, Koramangla etc will be within a travel time of 20-30 minutes. It is expected to connect the various business- residential districts of Bangalore without having to travel through the current traffic mess.
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