Steel Flyover Vs Public Protest Vs Karnataka Government

By: Unknown on 3:43 AM

In recent news regarding the construction of the proposed steel flyover in Karnataka has come down hard by local residents and opposition leaders. The steel flyover which is beginning from Chalukya Circle till Hebbal flyover which is proposed to help the traffic congestion this city faces. But several online petitions and public interest groups have been asking the government to reconsider the plan. Development Minister of Bangalore KJ George tweeted about the significance of constructing this flyover. He even posed questions and asked the Bangalore Development Authority on how the steel bridge would help and impact the environment.

The report states that the section of road between Basaveshwara Circle to Hebbal, a total of 6.7 km is one of those roads in Bangalore constantly busy and congested during peak hours. The existing land use pattern is such that horizontal widening of existing road is practically not possible.

The other reason for this proposed flyover is to make it signal free. To reduce time and delay, to increase travel speed, to cater to future project traffic, to cater for airport bound traffic and to cater to unhindered traffic from NH-7.

Government decision on the flyover is that a lot of consideration was taken before this conclusion was made. Even the Chief Minister of Karnataka Siddaramaih has defended the stand on the steel flyover. The Chief Minister replied in a cheeky manner when was asked on why an insurmountable amount of money (1791 crores) is being spent for this flyover, his reply was Will you fly to avoid the traffic congestions in the city.

The residents of Bangalore who have initiated the anti-steel flyover movement is that not only an large amount of money is wasted but also it would be a cause for concern for the environment as close to 812 tress will be knocked down to build this project. But Development Minister KJ George has vowed to plant 6000 ornamental plants to compensate for those tress felled.

Opposition groups such as Rajya Sabha MP Rajeev Chandrasekhar’s Namma Bengaluru Foundation and Bangalore’s prominent citizen such as actor Prakash Belawadi, noted architect Naresh Narasimhan and urban expert Ashwin Mahesh have all voiced their displeasure. Bangalore urban Minister KJ George has welcomed the opinion of the public through his twitter handle @thekjgeorge.

It remains to be seen what will be the fate of this proposed steel flyover as public and various opposing parties clash with the government. There are several social media campaigns like traffic free Bangalore to collect public opinion are also running in the city.

There are many upcoming plots for sales in layouts developed in Bangalore by TGS, since the demand of residential units are getting higher day by day as the metro grows up. In this plethora of demand when lands are limited TGS Layouts develop land and makes it very affordable so that a common people can also dream to buy properties in the city.

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The future of real estate market in Bangalore seems brighter compared to other cities in India

By: Unknown on 5:27 AM

Bangalore - India’s most preferred destination for new business start-ups, software employment, higher education and entertainment is also the most sought out destination for real estate investment. Bangalore has done fairly well in Real Estate Segment by offering amazingly low prices in plots compared to its counter parts such as Mumbai, New Delhi and NCR region. Let’s take a closer look as to why Bangalore sets itself apart as compared to other metropolis of India.

Bangalore is experiencing a higher absorption rate in spite of extended slowdown in economy. The net absorption rate seems to be higher in new launch category where 13,400 units have been absorbed in Q1 2015 compared to 11,170 units in Q1 2014. In the other segments, net absorption rate seems to increase to 8,310 units in Q1 2015. Thus there has been an increase of 15% on net absorption rate compared to last year which is higher compared to other cities.

In commercial segment too, Bangalore is leading with an absorption space of about 11.1 million square feet as against India’s absorption space of 36.8 million square feet.

Bangalore is flooded with new startups everyday giving rise to ample employment opportunity. It is also the top paying Indian city with an average salary of around Rs. 5 Lakhs/annum which gives more purchasing power to the individuals.

Bangalore has availability of the land unlike Delhi which is not able to extend itself further. Bangalore is extending over 25 kilometers from the center of the city as the road connectivity is at its best. The other major reason for Bangalore’s growth is Namma Metro train that is connecting the entire periphery of Bangalore city to the nerve center of the city.

Apart from software companies Bangalore is also a hub for defense, engineering, biotechnology and textiles. According to a survey by a Spanish firm, Bangalore is amongst the top 20 places to start-up the business in the world.  Bangalore is on the highway of development attracting many new businesses and thereby occupying more commercial space which again gives rise to residential communities like sites and plots at affordable prices. Thus the fairy tale of Bangalore being the no. 1 city of India and the world is soon transforming into reality.  

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250 Plots remaining at Newly Launched TGS Saraswathi in Kanakapura Road

By: Unknown on 11:20 PM

Kanakapura road is the new destination for the residents of Bengaluru with the improved infrastructure, metro railway, numerous eateries, schools, colleges and the spiritual institutions. The area is a bit away from the bustling pace of the city but yet from the point of view of connectivity it has one of the best infrastructures for communication. The lush green flora with up and down hilly roads forms a great environment to live amidst the nature. There is an increased demand of land plots in the area. Owing to public demand and the enquiries pouring in, TGS Layouts introduces TGS Saraswathi as a new layout with a total land of 18 acres and having 360 plots. The location chosen is one of the best with all infrastructures around and within the BMRDA limits. The plots are of 30 feet by 40 feet in dimension out of which 110 plots are already sold out within few days of announcement and acquisition of the land.

The layouts comes complete as a gated community with compound walls and all the amenities like wide roads, electricity connection, water connection and other life style amenities like badminton, Volley and cricket grounds, children’s park, club house, temple and a plethora of other amenities required for a decent living. The most amazing part of the story is the price of the plots which starts at Rs. 10, 00, 000 which is lesser than half the price of land in adjoining areas. So don’t wait. Buy the land and wait as the opportunities are limited and the promises are very high.

Click to see customer’s reviews on TGS Layouts.

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