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The Bengaluru Development Authority (BDA) has finally received the necessary approvals from the Union environment committee for its proposed Peripheral Ring Road (PRR) project.
The Bengaluru Development Authority (BDA) has finally received the necessary approvals from the Union environment committee for its proposed Peripheral Ring Road (PRR) project, which had been stalled due to discrepancies and hurdles related to environmental clearances and land acquisitions. With the recent environmental clearances, the PRR project is likely to open up a variety of investment opportunities in Bengaluru.
The 73.5 km PRR passes through six lakes and the Thippagondanahalli catchment area, while connecting Tumkur Road in the west with Hosur Road in the south. The BDA has proposed to build a 100 m Right of Way (ROW) with five flyovers, four underpasses, three railway over bridges (ROB), and two railway under bridges (RUB). The real estate market in Bengaluru is divided into three concentric rings: the innermost ring formed by the Outer Ring Road (ORR) and home to the Central Business District (CBD), the second ring formed by the Peripheral Ring Road (PRR), and the third and outermost ring formed by the Satellite Ring Road (STRR).
With the completion of the PRR, Bengaluru is now better connected and will offer more investment opportunities for those looking to buy plots and real estate. Investing in a plot of land is a secure and customizable option for those looking for a long–term investment. Shanders projects have all the necessary government and statutory approvals and have been given the thumbs up by a number of leading banks. You can get a speedy home loan, so you can move in with complete confidence. Shanders also offers the unique opportunity to buy a plot and villa at the price of a 3BHK apartment, so you can customize the design of your home from 800sqft to 3600sqft built up area. With the completion of the Peripheral Ring Road, Bengaluru is now better connected and offers more investment opportunities. Investing in a plot of land through Shanders is a secure and customizable option that can fit your exact needs. Don’t settle for a flat, invest in your own villa and make your dream home a reality.