Information Technology Investment Region (ITIR) near Devanahalli

[naveen_blr]

b.w we need to expedite the process of ITIR since the neighboring states have similar plans.

[gentem]

We need to shift ITIR to south of airport. Yelahanka or whitefield or sarjapur. Neighboring states will plan ITIR close to city and take advantage

[avinash2060]

More than 60+ including TCS,Infosys ,Wipro,CTS,Target,IBM etc IT firms have registered for ITIR and Government has notified 2800 acres for phase-1 of this project who said there are no takers for this project ,According to Ashok Kumar Manoli IT-BT secretary ITIR was the magnet of attraction in GIM

[avinash2060]

Originally Posted by gentem

We need to shift ITIR to south of airport. Yelahanka or whitefield or sarjapur. Neighboring states will plan ITIR close to city and take advantage

Commitments to the tune of Rs45,500 crore was made at a session on the IT sector at the GIM.
Ashok Kumar Manoli, principal secretary, department of IT, BT, Science and Technology, said that the Centre had approved the ITIR (information Technology Investment Region) near the Bengaluru International Airport in Devanahali.
“ITIR will be an integrated township with walk to work facilities and will be only 12km from the airport,” he said, while calling the project a “magnet of attraction”.
Harsh Manglik, chairman and geography managing director for Accenture India, and chairman of Nasscom termed Bangalore as a talent magnet. He said that there were about 2,000 technology-related companies in the city.
Infosys would investment Rs 710crore in the ITIR, creating 12,000 jobs, while Manyata Developers Limited would build service apartments and an IT&BT Park with an investment of Rs1,880 crore.
Giving this information at a news conference, Karnataka’s IT/BT and Information Technology Minister Katta Subramanya Naidu said 55 companies have evinced interest in setting up operations in the ITIR. Many developers have come forward to establish IT parks.

[gentem]

http://www.dnaindia.com/bangalore/re...l-meet_1387430

Infosys, Wipro set tone for global meet
Hemanth Kumar / DNA
Tuesday, May 25, 2010 10:29 IST

Bangalore: The state scored yet another success in the IT sector on Monday, when it approved two mega greenfield software development centre proposals of Infosys Technologies; another one from Wipro also found approval. All these are to come up in Bangalore.

The State High Level Clearance Committee (SHLC) headed by chief minister BS Yeddyurappa approved the Rs2,250 crore investment proposal of Infosys to set up one of the biggest software development centres, spread over an area of 365 acres, on Sarjapur Road. The land is already owned by Infosys. The software centre would provide employment to about 18,000 techies.

Another project of Infosys at Devanahalli, with an investment of Rs710 crore, was also approved. It would come up in an area of 40 acres of land allotted by the Karnataka Industrial Areas Development Board, large and medium industries minister Murugesh Nirani said on Monday.

The Wipro software centre proposal involves investment of Rs537 crore; it will employ about 25,000 techies. The project will be implemented in a 50-acre plot already owned by the company at Kodathi village on Sarjapur Road.

Sarjapur area is hot. All hail the great ITIR ghost town! More delayed the better. Bangalore's remote distance ITIR loss equal to other cities gain

[naveen_blr]

the small Sarjapur town has not connectivity. Between its the boundary to TN's Hosur where they plan to get a IT Park.

The Sarjapur Road is already narrow and crowded with lot of construction activities and not many IT companies around. Many of the takers just pass to join Haralur/Jail Road.

Think what will happen to SilkBoard/Bellandur if 18k people start working at Sarjapur which is 22km from Bellandur Junction.

Rgds,
Naveen

[avinash2060]

Where the six-lane highway from Bangalore city to the international airport in Devanahalli branches off to the left into Doddaballapur Road, a hoarding proclaims: “Yelahanka is the new Gurgaon”.

Put up by a residential builder, it is a defining marker in the growth curve of Yelahanka, a suburb 15 km north of the city that was envisaged as a satellite town but is now under the Bruhat Bengaluru Mahanagara Palike (BBMP). Proximity to the new airport — 20 km away — has given wings to aspirations in the once sleepy town that has seen a property boom in the last five-six years.

With the Karnataka Assembly passing a Bill last Thursday to set up a 10,000-acre Information Technology Investment Region (ITIR) north of Devanahalli, analysts say real estate in Yelahanka is all set to rain returns in a few years.

V Madhu, Principal Secretary, Infrastructure Development Department of Karnataka, says the entire Hebbal-Yelahanka-Devanahalli stretch will see “substantial development” in the coming years, fuelled by a mega project around the airport encompassing an aerospace park, a financial district and the IT park, where, among others, Infosys has proposed to invest Rs 710 crore in a 12,000-seat software development centre and Wipro is set to develop a Rs 477-crore centre employing 15,000.

I call it the airport city. We have prepared an integrated traffic plan for the region. A high-speed rail link will connect Bangalore city to the airport, with a station at Yelahanka. Besides, the monorail project connecting north Bangalore to the city is in the procurement stage,” Madhu says, adding, “In five years, all these projects would have been completed.”

In Yelahanka New Town, residential highrises by the Prestige Group, Puravankara, Nagarjuna, Sobha Developers —the ones who dared to compare Yelahanka to Gurgaon — and others soar above the monsoon clouds, lining newly-widened and landscaped streets.

“When I came here in 1988, Bangalore was an STD call away and there were no booths, only a petrol pump to call from. I bought a 30 x 40ft plot for Rs 40,000, which is worth over Rs 40 lakh today. In the last seven-eight years, along with the development of the airport, premium residential projects have sprouted,” says TR Jagdish, whose son Chetan Dikshit is a student at the Nitte Meenakshi Institute of Technology, one of the dozen-odd colleges and international schools that have recently come up in Yelahanka.

According to sitting MLA S R Vishwanath, Yelahanka’s population is on the rise, up by 12-15 per cent in the last two-three years to about 3 lakh now.

Says Ram Chandnani, Deputy Managing Director-South India, CB Richard Ellis, a real estate consulting firm, “Yelahanka has always been an industrial suburb and the demand for housing here has come from people employed in north Bangalore, also from employees at business parks like Kirloskar Business Park and Manyata Tech Park. Over the last few years, developers have taken advantage of improving infrastructure and availability of large land banks for quality housing to cater to this demand. Also, people are buying property in the Yelahanka-Devanahalli stretch for long-term investment as prices are expected to appreciate.”

Says Sanjay Khosla, Executive Vice-President, Sobha Developers, “If one were to analyse the reasons for the growth of Gurgaon, two things stand out—availability of land and its proximity to the airport. The world over, where the airport leads, the city follows. Corporate offices, which suffered a drawback in terms of space in Delhi, were quick to capitalise on this advantage. In Yelahanka, we see similar potential. On the one side, Bangalore has its issues with infrastructure and is getting a little too crowded for some people. On the other side, the vast open spaces of north Bangalore and Yelahanka in particular are very inviting for many. Add to that the close proximity of the airport and you have a winning proposition.”

Sobha’s eight-acre, “super luxury” residential project Althea, which is nearing completion, is priced upwards of Rs 3,150 per sq ft, with over 120 of the 176 three-bedroom, four-bedroom and penthouse units sold.

Yelahanka is only the tip of the iceberg. According to a June 2010 report on the development potential around Bangalore International Airport by the Infrastructure Development Corporation (Karnataka), or iDeCK, multiple premium residential complexes coming up in and around Devanahalli are expected to bring in an investment of Rs 1,500 crore. With the ITIR expected to employ 12 lakh people, tony residential projects by developers like QVC Realty and the Prestige Group are afoot all the way up to the Nandi foothills, near Chikballapur, and luxury hotels by the Oberoi Group, Taj and Hyatt are coming up along the way.

http://www.indianexpress.com/news/wh...-more/648153/1

[naveen_blr]

excellent news to start with

Rgds,
Naveen

[gentem]

I had posted first, but got hijacked and got no credit

Originally Posted by gentem

Elevated highway to come up at Hebbal

Express News Service First Published : 17 Jul 2010 10:00:21 AM ISTLast Updated : 17 Jul 2010 10:34:09 AM IST

BANGALORE: The National Highway Authority of India (NHAI) has prepared an ambitious plan to construct a 3.5-km long elevated highway between Hebbal flyover and Yelahanka bypass junction.

http://expressbuzz.com/cities/bangal...al/190581.html




Why this Bangalore suburb is calling


Where the six-lane highway from Bangalore city to the international airport in Devanahalli branches off to the left into Doddaballapur Road, a hoarding proclaims: “Yelahanka is the new Gurgaon”.


http://www.indianexpress.com/news/Wh...calling/648153


Yelahanka is the new Gurgaon, Devanahalli IS NOT. That is because airport is already too far away compared to delhi gurgao distance.

[naveen_blr]

Why cant they construct a flyover till Bial if they want to make it a toll way.

Rgds,
Naveen

[gentem]

This is poor india hungry india we are talking about. 3.5km elevated highway plus 3-4 small flyovers is much cheaper than full 20km elevated. Anyways there is not much development there after yelahanka.

[avinash2060]

Mahesh Kulkarni & Bibhu Ranjan Mishra / Bangalore July 16, 2010, 17:13 IST

Karnataka has gone ahead of its immediate neighbours — Andhra Pradesh and Tamil Nadu — in realising the dream of setting up an Information Technology Investment Region (ITIR).

The state is set to become the first state in the country to establish ITIR to promote investment, augment exports and generate employment.

The state legislative assembly has passed a Bill to facilitate setting up of the ITIR here on Thursday. The Act will be called the Karnataka Information Technology Investment Regions Act, 2010.

The ITIR will be a self-sustainable integrated investment region, housing IT, ITeS and hardware parks, supported by residential townships, a mini airport, high-speed railway network, shopping malls, hospitals and educational institutions, among others.

The ITIR, to be developed in two phases and spread over 10,000 acres near Bangalore international airport at Devanahalli, about 40 kms from here, is expected to attract an investment of over Rs 2 lakh crore. The state government would involve the private sector for developing the infrastructure.

Ashok Kumar Manoli, principal secretary, Department of IT/BT, Science and Technology, Karnataka, told Business Standard: “Over 55 software and hardware companies, including leading ones like Infosys, TCS and Wipro, have shown interest in establishing their presence at the ITIR. It will be spread over 2,200 acres in the first phase. We have issued preliminary notification for acquiring 2,080 acres near Devananhalli. A management board will govern the ITIR and the apex body on all matters related to the project would be the State Empowered Committee, under the chairmanship of the chief minister.”

The Government of India had published a policy resolution for setting up information technology investment regions on May 28, 2008, to promote investment in the IT, ITeS, electronic hardware manufacturing units, which have proved to be significant economic growth engines.

Apart from Karnataka, other states like Andhra Pradesh, Tamil Nadu and Orissa have also proposed to come out with an ITIR and have approached the Centre for approval.

“The setting up of an ITIR by the Karnataka government in Bangalore is a welcome move and I am sure it will bring further development to Bangalore. It will definitely help attract good IT companies to set up base and expand their operations in Bangalore. We will certainly explore opportunities to set up operations in the ITIR when it is ready,” said Infosys Technologies CEO and MD Kris Gopalakrishnan.

Manoli said the ITIR, once fully developed, was expected to provide employment — both direct and indirect — to three million people. The companies setting up shops in ITIR would enjoy similar kind of tax concessions as they enjoy at IT SEZs, he said.

Global consulting firm, Deloitte, has prepared the detailed project report for the ITIR and the proposal is awaiting the approval of the central government.

The ITIR would be an integrated township with modern amenities like the roads, railway network, metro rail and mini airport, to facilitate investors’ faster approach to the location.

Meanwhile, the Andhra Pradesh government is not looking at bringing out any legislation in this regard, as it plans to develop an ITIR under the existing Andhra Pradesh Urban Area Development Act. “The ITIR in Andhra Pradesh will be both greenfield and brownfield. Initially, it aims to expand its Cyberabad area and declare it as ITIR,” Andhra Pradesh IT Secretary Ratnaprabha said.

She added the Andhra government proposed to attract an investment of Rs 2.19 lakh crore and provide direct employment to 1.5 million people and indirect employment to 5.3 million people over a period of 15 years. It also expected to generate Rs 30,170 crore of indirect revenue to the state exchequer. she further said.

Business Standard
http://www.business-standard.com/ind...region/401601/

[NParry]

Mega and Swanky are two of the most misused words being uttered on a regular basis by the bureaucrats in Bangalore.

[sathya_226]

i agree with u, but to save the face of bureaucrats, our private sector has lived up to the expectation by definitely delivering some swanky and mega projects projects.

Cheers

[gentem]

ITIR: master plan given the go-by
K. V. Subramanya
http://www.thehindu.com/news/states/...icle594235.ece

This fertile land at Managondanahalli is proposed to be acquired for ITIR. Photo: R. Gopinathan
The Hindu This fertile land at Managondanahalli is proposed to be acquired for ITIR. Photo: R. Gopinathan

The 2,100 acres that has been notified comes under agricultural zone category

The State Government has overlooked critical provisions of the Bangalore International Airport Planning Area Authority (BIAPAA) Master Plan 2021 and notified 2,100 acres of agricultural land in the vicinity of Bengaluru International Airport as an industrial area for the proposed Centre-sponsored IT Investment Region (ITIR) project.

According to the master plan, the 2,100 acres comes under the agricultural zone category and will continue to be so classified till 2021, sources in the BIAPAA told The Hindu. The master plan provisions state that any proposal in regard to a change in zoning/land-use pattern should be published on BIAPAA and Bangalore Metropolitan Region Development Authority (BMRDA) notice-boards, inviting objections from the public within a period not less than 15 days from the date of publication, the sources said.

However, without inviting any objections from the public in this regard, the Government has declared 2,100 acres as an industrial area under Section 3 (1) of the Karnataka Industrial Areas Development Board (KIADB) Act, 1966, and issued a gazette notification (CI 443spq2009) on June 9, 2010. Besides, the Government issued a preliminary notification the same day for acquisition of the land.

In its eagerness to get the Centre's clearance for the ITIR project, the Government notified the area as an industrial zone despite opposition by the BIAPAA, the sources said.

Incidentally, the State Government is following the legislation/guidelines of the BIAPAA, a local body set up by an enactment for the purpose of zoning and planning the ITIR project as the proposed area is the under the jurisdiction of the BIAPAA.

Asked about the apparent violation of the master plan provisions, the sources said the authorities in the Government had informed the BIAPAA that it could call for objections when the KIADB approached it in future seeking formal permission for changing the land-use.

When contacted, a senior KIADB official said that after completing the land acquisition process, for which a preliminary notification had been issued, they would apply to the BIAPAA for change of land-use pattern. The BIAPAA could then call for objections, he added.

The Zoning of Land Use Regulations of the BIAPAA were framed under the provisions of the Karnataka Town and Country Planning Act, 1961. The regulations were put in place “to ensure proper land use and development and to protect residential areas from harmful invasions of commercial and industrial uses”. In fact, nearly 50 per cent of the total area in the jurisdiction of the BIAPAA comes under residential zone, the sources said.

The 2,100 acres of land is situated in Rabbanahalli, Ramanathapura, Aravanahalli, Doddagollahalli, Chapparadahalli and Byradenahalli in Devanahalli taluk and Linganahalli in Doddaballapur taluk of Bangalore Rural district.

[avinash2060]

[avinash2060]

NHAI Plans Levy On BIA Road
TIMES NEWS NETWORK

Bangalore: You may have to pay more for cab rides to BIA and spend more time reaching the airport if the National Highway Authority of India (NHAI) implements a toll on Bellary Road.Taxi associations have planned to pass on the toll fare to travellers,though they will first stage a protest to pre-empt the fee.
NHAI has started construction of toll booths at Sadarahalli Gate and may levy a toll on vehicles that move towards Devanahalli from December.The toll on cabs may be around Rs 50.
If the NHAI levies toll,then the additional burden would be on people travelling to the airport or towards Devanahalli as they have to pay extra even for taxis.If the NHAI imposes toll on taxis and cabs,then we will have to collect it from our customers.Hence,the charges would go up by Rs 50.Now,if a customer is paying Rs 500,the rates would go up to Rs 550, T Prabhakar,president of Karnataka City Taxi Operators and Owners Association said,adding that city taxi associations are planning to protest against the fee.
The minimum toll would be Rs 50 but this should not be levied on those traveling to the airport from the city everyday.We are already facing lot of problem.We are paying road tax,insurance and maintenance and diesel costs have gone up.Hence,we are planning to protest the levy of toll.Soon,we will call for a meeting with all other taxi and travel associations and decide on the date of protest, Prabhakar said.
All India Motor Transport Congress managing committee member K G Ravindra added that the toll booths would only lead to chaos.There are at least 22,000 vehicles moving towards Devanahalli everyday.If they are planning to collect toll from all vehicles,then airport passengers would be delayed by another one and half or two hours.
We suggest that NHAI commission a toll booth after the airport.This will reduce traffic also.The minimum toll would be Rs 50 and which will obviously be transferred to customers, he said.
The toll is likely to be levied towards the end of December or beginning of January.

NO SMOOTH RIDE AHEAD

The toll is likely to be levied by December end or January 2011
The minimum amount will be Rs 50

[avinash2060]

KIADB will charge an estimated Rs 150 lakh per acre for allotments
Devanahalli aerospace park & SEZ gathering steam
Chethan Kumar, Dec 4, Bangalore:

The IT brandwagon might have provided Karnataka with the much needed industrial mileage, but the aerospace industry has also been a key player for the State, which is home to a h ost of firms from the sector.

And with the country’s aerospace industry revenue estimated at US$100 billion, growing at an average of 25 per cent a year, opportunities are aplenty.
Realising this potential, the State has been keen on develoing specialised zones for the same —— while the launch of Quest Global Economic Zone-SEZ at Hattargi in Hukkeri taluk, near Belgaum has kick started the process of tapping the opportunities in this sector —— the aerospace park to be developed near Devanahalli is gathering steam.

Speaking to Deccan Herald, Karnataka Industrial Areas Development Board (KIADB) Chief Development Officer T R Swamy said that KIADB has acquired 3,000 acres of land of which 60-65 per cent will be available for allotment.
The area will also comprise an export-oriented aerospace SEZ across 250 acres of land. To be developed in association with the Society of Indian Aerospace Technologies and Industries (SIATI) near the new airport, the park is being set up to have production-based activities, thereby, meeting demand of the domestic industry and also add up to the exports share. The park will include aviation MRO-(maintenance, repair, overhaul) related activities.

Describing aerospace as the ‘next big thing’ Commerce & Industry Commissioner Raj Kumar Katri said “a lot of activity is taking place in the aerospace sector, with a few foreign firms including one from Britain have shown interest in investment,” adding that the State will see a few joint ventures through Hindustan Aeronautics Limited (HAL), among other projects setting base in Karnataka.

Govt of India agencies
Although KIADB was initially to acquire land and develop it for the SEZ, the government is now planning to hand over the development part to Government of India agencies.

Further, Swamy conceded that KIADB is mooting to charge about Rs 150 lakh per acre for allotments at the park as KIADB will incur significant cost. We have already paid Rs 70 lakh in compensation, will spend more on water which is planned to be brought in from Raja Canal —— about 55 KM from the proposed park, he added.
Meanwhile, informed sources from Karnataka Udyoga Mitra (KUM), the nodal agency to clear projects at the single window level, said that there is a proposal to set up an aerospace SEZ around the park and that the proposal is awaiting Commerce Ministry’s clearance.

[avinash2060]

IT/BT secretary said the State Government will launch Information Technology Investment Region (ITIR) project near Devanahalli (in the vicinity of Bengaluru International Airport) by December end.

The Government, with the support of the Centre, has decided to set up the ITIR on 10,000 acres with an investment of Rs one lakh crore in two-three phases. ITIR Act has already been gazetted.

“preliminary notification issued for 2072 acres and gazetted. Survey work for the balance 8,000 acres is almost over and preliminary notification will be issued in a week’s time.” The completion of the entire project in another 10-15 years, which would be executed on PPP model, would provide 40 lakh jobs.

The project required approval of 24 Central Government departments and already no-objection certificates (NoCs) have been obtained from 16 different departments. NoCs from eight departments would be obtained by this month end

The Minister said no village would be shifted during the land acquisition and maximum barren lands would be acquired to the project. A water project would be planned at Chickballapur to supply water to the ITIR. The Bangalore Water Supply and Sewerage Board (BWSSB) would supply 70 MLD of recycled water.

[avinash2060]

S Praveen Dhaneshkar
First Published : 02 Dec 2010 03:08:03 AM IST
Last Updated : 02 Dec 2010 12:18:13 PM IST

BANGALORE: Devanahalli, a godforsaken place before the Bengaluru International Airport (BIA) took shape, is all set to have an infrastructure investment explosion to the tune of more than `11,000 crore during the next five years.

Located on NH7, three ambitious projects in the pipeline (see box) is all set to see light in 2011, according to sources in the state's infrastructure development department (IDD).

"Three projects in the pipeline the Devanahalli Business Park, a Logistics Park and a Tourism Convention Centre have been proposed on a publicprivatepartnership (PPP) basis," said a source in the government, adding that NH7, leading to the BIA, could emerge as a future corridor to a selfcontained hitech city.

It may be recalled that the state government had in August this year announced that fresh tenders would be called for the Devanahalli Business Park project as the promoter who had been awarded the contract in an earlier bid had backed out, after the Bangalore Iternational Airport Area Planning Authority (BIAAPA) refused permission to construct any building in excess of 32 meters height in a 12 kmradius of the BIA.

The business park would comprise an international convention centre, a central business district, finance district, aviation academy and amusement and theme parks.

"All the three projects are moving forward and are progressing as per schedule. We are likely to have the Request for Qualification called for the project, while a feasibiltity study and detailed project report (DPR) is under process for the Logistics Park project," said a source. "Bids for the convention centre has also been completed."

http://expressbuzz.com/biography/dev...rs/227650.html