Ring Road Property

The Bengaluru Development Authority (BDA) is planning to audit its properties to cash in on untapped sources of income.

The latest schedule says that the project should be completed by September 2020, and should then be able to handle traffic of 5,021 vehicles comprising of passenger cars towards the Outer Ring Road and Sarjapur.

My Home Avatar project is coming up in Hyderabad's Manikonda, in close proximity to Outer Ring Road. The project is currently under-construction and will be ready for possession by March 2020. My Home Avatar will over around 2200 apartments near Gachibowli at a starting price of Rs 61 lakh.

Aliens Space Station Tellapur is an under-construction project in Hyderabad that lies along Outer Ring Road. The project is a semi-luxury offering and promises 80 per cent open area in the project campus. There are sky villas in the project starting Rs 2.32 crore and 2/3BHK units starting Rs 58 lakh.

The Karnataka government on November 29 gave its approval to construct a 102-kilometre elevated corridor project in Bengaluru. The project, which was conceptualised 12 years ago, once constructed will ensure smoother traffic across north-south, east-west and in the central parts of the city. The development work will start in January next year and will be undertaken by the Karnataka Road Development Corporation Limited. The project, to be constructed at a cost of Rs 25,495 crore, is likely to be completed by 2025.