Information Technology Investment Region (ITIR) near Devanahalli

[uno.piyush]

Originally Posted by naveen_blr

Disagree to EC - Dominos/Pizza Corners and CCDs are there since long and also in Wipro/Infy campuses but then no proper schools and other social infra to support -good for bachelors not for family
Neo mall and some apartments should be a breather but still better to stay in Koramangala/BTM/HSR and commute to EC

Bingo ! For an area to develop all the following need to be planned and implemented:

Physical Infra (Roads, Rail, Bridges, etc)
Social Infra (Education, Retail, Medical, Leisure)
Employment (Commercial spaces)
Community Spaces (To harness culture)
Administration, Maintenance
etc etc ..

Problem in India is that these developments are very haphazard. Like we were talking about a couple of CCD's in EC. E City had commercial but lacked all other support. Flyover was done very late, then somebody planned a mall, then some township came. Everything is very disorganized in that market, it has started showing up lately, but will take a lot of time.

The advantage with Devanahalli is that it has been envisaged as a city. If not perfect, it is surely the correct model for development. Everything is being planned before hand i.e commercial, medical, residential, retail, rail, education , water, leisure ..etc.. Roads are already being upgraded and the airport is already there !

[gentem]

what mainly drives is jobs/commercial. if devanahalli not doddaballapur will be made district headquarters of rural bangalore district then it has better chance. Checkout china's ghost towns on google. el city had industrial land notified on which commercial was not allowed. But with TCS and others in phase 2 things changed for good. bmtc service on top of flyover helped recently.

Originally Posted by uno.piyush

This is precisely the reason why ITIR will click. It is not only offices .. It is office + retail + residential + townships + research centres + schools + hospitals. It is planned as a city itself. Why do you think the infrastructure work is going so fast on NH 7 ? Why is ORR made signal free ? Only because of the airport ? No way .. What about PRR ? Financial City, Aerospaze SEZ, Hardware Park, Convention centre etc etc ..

Believe it or not .. Devanahalli and ITIR is a vision which has started materializing already. Why do people need to travel when they have everything there ? How many people travel from Gurgaon to Delhi everyday ? Delhi is Delhi and Gurgaon is Gurgaon though they compliment each other. Same would be the case of Devanahalli and Bangalore.

Many cases either spouses work in delhi and gurgaon.. Those who stay with family dont relocate all they have to travel from bangalore. delhi was saturated as most was govt land. PRR will help south of airport, i still think yelahanka is the next gurgaon not devanahalli. manyata, financial city on bagalur road etc

[sunilkumar]

Originally Posted by uno.piyush

The article says clearly that 44 companies have evinced interest. At GIM 55 had signed MOU's. Thats proof enough for interest and demand.

That is an hype created by realestate firms. IT biggies droped thier plan long back . read one example.
most others are realestate consultants like 'Itasca Software' end with big scam. Reality & Realestate both are different.

Devanahalli need some more time for commercial est.

[avinash2060]

Originally Posted by sunilkumar

That is an hype created by realestate firms. IT biggies droped thier plan long back . read one example.
most others are realestate consultants like 'Itasca Software' end with big scam. Reality & Realestate both are different.

Devanahalli need some more time for commercial est.

Infosys is the only firm to have withdrawn from ITIR coz they want land for 2 lakhs/acre .Infosys is no longer the benchmark for IT Industry .

[avinash2060]

Originally Posted by gentem

what mainly drives is jobs/commercial. if devanahalli not doddaballapur will be made district headquarters of rural bangalore district then it has better chance. Checkout china's ghost towns on google. el city had industrial land notified on which commercial was not allowed. But with TCS and others in phase 2 things changed for good. bmtc service on top of flyover helped recently.



Many cases either spouses work in delhi and gurgaon.. Those who stay with family dont relocate all they have to travel from bangalore. delhi was saturated as most was govt land. PRR will help south of airport, i still think yelahanka is the next gurgaon not devanahalli. manyata, financial city on bagalur road etc

land in ecity is cheaper compared to yelahanka .In Ecity for 3-4 crs and acre you get land .In Yelahnaka try finding out a cost of an acre .Thats the beauty of ITIR government is giving away land for very cheap price thats why it will click even Ecity doesn't have a Marriott devanahalli does .Devanahalli now in it's nascent stage has 3 five star hotels SLK ,Sabari inn ,Oberoi .Ecity took long time to develop.Massive townships are coming up near BIAL .Brigade Orchards (120 acres),Ozone Urbana (167 acres),Century Istana (60 acres)and
Hiranandani upscale

[uno.piyush]

Originally Posted by gentem

i still think yelahanka is the next gurgaon not devanahalli. manyata, financial city on bagalur road etc

What about infrastructure ? Compare connectivity to Devanahalli viz a viz Yelahanka. Compare proposed developments as well and like Avi said compare land cost, quality of projects .. Yelahanka already is reeling under too much pressure on physical infra. If we do a detailed comparison the difference would be glaring ..

[uno.piyush]

Originally Posted by sunilkumar

That is an hype created by realestate firms. IT biggies droped thier plan long back

Almost all of these companies have submitted their detailed development plan to the govt and paid fees towards land allocation. Infy like Avi clarified is one separate case in addition to a couple of fake companies involved in the land scam.

[RRaju]

Originally Posted by uno.piyush

What about infrastructure ? Compare connectivity to Devanahalli viz a viz Yelahanka. Compare proposed developments as well and like Avi said compare land cost, quality of projects .. Yelahanka already is reeling under too much pressure on physical infra. If we do a detailed comparison the difference would be glaring ..

Relating to Infrastructure

Devanahalli viz a viz Yelahanka,

The Airport expressway is already going on.
The NH 207/648 Fourlaning tenders called
The PRR ring Road
If track doubling from Yelahanka to Chikkabalapur is taken up.
we can have Local trains , we already have Yesvantapur to Devahanhalli Local running.
BMRC is also considering having Metro Rail connectivity from
KR Puram to BIAL
Yesvantpur to BIAL as posted some time back in Namma Metro updates.

Many other Infrastructure developments will be done, once Four lanning and PRR started along this corridor.

So no doubt, Those ppl who have foresight and Invest in this Region will be hitting Jackpot of their lifetime by 2020.

The Necklace Road around Yelahanka Lake for which BBMP has alloted 5 crores , where Taj GVK is going to Build 7 star Hotel.

[avinash2060]

The project will only benefit a certain developer, alleges Padmanabha Reddy

Dissent:Councillors from the Janata Dal (Secular) arguing at the BBMP council meeting in Bangalore on Wednesday.— Photo: K. Murali Kumar
Several Opposition councillors have urged Commissioner M.K. Shankarlinge Gowda to scrap the proposal to develop “Necklace Road” that will connect Bengaluru International Airport to the Yelahanka lake via Kendriya Vihar and Yelahanka Old Town at a cost of Rs. 5 crore.

Opposition Leader M. Udayshankar and Janata Dal (Secular) Floor Leader Padmanabha Reddy suggested that the BBMP first develop and improve the arterial roads, including Kasturba Road, Audugodi Road, Bellary Road and Mysore Road, which will benefit thousands of commuters.

Mr. Reddy alleged that the proposed Necklace Road would benefit only a certain developer, who was planning to construct a seven-star hotel in the area. “There are neither any houses nor a graveyard in the vicinity. The road will not benefit anybody,” he claimed and displayed photos of the area to prove his point. He said that the BBMP would have to take away land from farmers. The land could not be notified as it came under Valley Zone.

The BBMP would have to spend at least Rs. 50 crore to acquire 15 acres required for the road.

When the council approved the project despite opposition, Jayamahal councillor N.K. Gunashekar urged Mr. Gowda to exercise his powers and put the project on hold.

The BBMP council approved to the proposal to construct 168 bus shelters across the city. Hanumantnagar councillor K. Chandrashekar raised objections and said that construction of the bus shelters on footpaths was not feasible. He said that footpaths were only meant for pedestrians.

Mr. Gunashekar questioned how the proposal could be approved when the Advertisement Policy is yet to be implemented in the BBMP. During a discussion on depositing title deeds of K.R. Market towards taking a loan from HUDCO, Mr. Gowda said that the BBMP would have to mortgage more properties if its humongous debts were to be restructured. By availing itself of low interest loans, the BBMP would be able to reduce its debt burden.

He added that the BBMP's current loan repayment came up to nearly Rs. 750 crore annually, which was approximately Rs. 2 crore a day. He said that since the Government could not be the guarantor for the HUDCO loan, it had approved the mortgaging of K.R. Market.

“If we had not availed ourselves of that loan, the BBMP's accounts would have become non-performing assets.”

Mr. Gunashekar sought to know when the BBMP budget would be presented. As per the Karnataka Municipal Corporations Act, 1976, the budget should be presented in March/April.

http://www.thehindu.com/todays-paper...cle3256162.ece
is this the place where taj krishna is coming up or opposite BIA

[avinash2060]

Pushing forward, though, with budget hotels; says wide demand for that.

TajGVK, a joint venture between Tata-owned Indian Hotels and the Hyderabad-based GVK group, is going slow on its earlier plan to put up a luxury hotel in Bangalore. The construction of this hotel has been deferred by four years.

The company had acquired a part of the land near Yelahanka, on the road to the city's international airport. The airport is being maintained by a group company, GVK Infrastructure.
"We have acquired about six acres of land in Bangalore. There are a number of hotels coming up in the city. Competition will grow as a result of it and it will remain so for the next two years. We will begin construction once competition settles down. That could take another three to four years," G V K Reddy, chairman, TajGVK Hotels and Resorts, told Business Standard.

Industry experts agree Bangalore has seen an oversupply of hotels in the past two years.

"Occupancies and average room rates (ARRs) in the market have not seen a bounce-back as sharply as they have in Mumbai and Delhi. ARRs in Bangalore are in the range of Rs 7,000, while in Mumbai and Delhi, they are close to Rs 9,000. Earlier, ARRs in Bangalore were in the range of Rs 9,000-12,000," said

Himani Singh, analyst, Elara Capital. Analysts also feel a bounce-back in occupancies and room rates might not be possible in this financial year.

TajGVK owns and operates four luxury hotels — Taj Krishna, Taj Banjara, and Taj Deccan in Hyderabad, and Taj Chandigarh. The company is also planning to commission a hotel in Chennai. While GVK will oversee the construction, management and development of these hotels, Indian Hotels, being a hospitality major, will oversee the maintenance.

Budget brand plan
GVK is planning to take its association with Indian Hotels further, as it is partnering with the company's budget hotel brand, Ginger, as well. The company plans to open a chain of six Ginger hotels across Andhra Pradesh and has started construction on the first 250-room property near the new international airport in Hyderabad. Each of these hotels will typically attract an investment of about Rs 15-20 crore each.

Analysts feel budget hotels have a lot of potential demand, as India has an under-supply of fairly priced rooms. Most of the demand for these hotels could come in Mumbai, Delhi, Hyderabad, Chennai and Bangalore. "The only alternative is guest houses, which are low in hygiene," said Singh.

In addition to Ginger, hospitality companies like Tune Hotels and Lemon are some other chains eyeing this opportunity. TajGVK believes budget hotels have a lot of potential, in spite of many hotel chains looking at the low-cost sector.

"We will see a lot of demand for budget hotels. The typical room rent is around Rs 2,000 per night in these hotels, with all sorts of amenities.

The economy of the country is growing and more people are travelling, resulting in the need of these hotels," said Reddy.

TajGVK’s stock traded flat on the exchanges on Friday and closed at Rs 159 per share.

http://www.business-standard.com/ind...-hotel/401112/

[RRaju]

Originally Posted by avinash2060

http://www.thehindu.com/todays-paper...cle3256162.ece
is this the place where taj krishna is coming up or opposite BIA

BBMP council okays work amid dissent

The BBMP council approved the project to construct Necklace Road, connecting BIA Road to Yelahanka Lake via Kendriya Vihar and Yelahanka Old Town, despite stiff resistance from the opposition on Wednesday.

JD(S) leader Padmanabha Reddy objected to the project’s approval, saying: “There are no houses on the stretch. The road has been taken up to help a builder who has 60 acres of land near it. Poor farmers who own around 15 acres of land on the stretch will be forced to sell their land and suffer,” Reddy said, adding that the farmers were not informed about the TDR compensation for their land.

Reddy also questioned how the BBMP could construct a road on a stretch that is considered a valley. He said instead of the road, it would be better to construct a flyover at Yelahanka as it would connect the area to Doddaballapur Road.

Opposition leader M Udayshankar said instead of Necklace Road, the BBMP should complete projects on Mysore Road, Kasturba Road and Adugodi Road to ease traffic.

Yeshwantpur corporator Munirathna Naidu objected to approving a multi-level car parking facility at Freedom Park at a cost of `80.1 crore. “How can the agency estimate Rs80 crore for constructing a parking centre! It has said a huge rock had been found under the ground. But who did rock scanning? Without scanning, how can they say there is a rock under the ground. If anyone has studied the rock, where is the report?” he asked. “The project should be given on a build-operate-transfer (BOT) basis or cancelled,” he added.

BBMP commissioner MK Shankarlinge Gowda said the project was funded by 13th Finance Commission. “We have revised the cost to Rs56 crore, limiting parking to 400 cars instead of 426,” he said.

Mahalakshmi Layout corporator M Nagaraj, Shantalanagar corporator K Shivakumar and Peenya industrial area corporator Thimmananjaiah sat on the council well to protest against renewing the contract with Maverick Holdings, which is running Garuda mall on Magrath Road.

Shivakumar said the BBMP was renewing the agreement though the mall owner had violated the agreement and had encroached a stormwater drain; the act would result in floods during rains.
Hanumanthanagar corporator K Chandrashekar said the issue was raised in Vidhana Soudha and Vidhana Parishad.

The BBMP chief said the team under joint commissioner east and TVCC had given a report. “After studying the report, the issue will be taken up again,” he said.

source:http://www.dnaindia.com/bangalore/re...issent_1668825

[RRaju]

RS 104-crore plan to revive Yelahanka Lake

Amusement park planned at the waterbody near airport

The Bruhat Bangalore Mahanagara Palike has unveiled a grand plan to develop Yelahanka lake as a tourist hub.

The Palike and Bangalore Development Authority have proposed to rejuvenate the lake and construct an amusement park at a cost of Rs 104 crore.

The ambitious project, scheduled to be completed in the next 18 months, has been conceived to draw foreign tourists to the lake situated close to the Bengaluru International Airport. The Palike has proposed to build a “necklace road” connecting Yelahanka with the airport stretch at a cost of Rs 54 crore. The process of acquiring 22 acres and 27 guntas of private land for the road has been set in motion. While 13 acres and six guntas will be utilised to build the 1.8-km road, parking bay and recreational facilities will come up in rest of the extent, BBMP authorities said.

Toy train

The BDA will assist in the project by funding the rejuvenation including the building of a water fountain and a bird watching island in the centre of the lake. It will provide a “toy train” around the lake. The Authority will chip in Rs 60 crore for the project.
“The objective is to ensure that tourists will have a recreational facility on the way to the international airport,” Mayor S K Nataraj told reporters during his visit to Yelahanka zone on Tuesday.

The Mayor visited three lakes at Allalsandra, Yelahanka and Atturu. The revival of the lake at Allalsandra is expected to be completed by September. A hanging overbridge has been constructed across the lake. However, according to a BBMP official, almost one acre and 27 guntas of land is under dispute as the Karnataka Housing Board (KHB) and some other parties staking a claim. The Mayor oversaw the road widening project at Ananthapura which has been stalled due to refusal of the apartment complex residents to part with their property for the project.

The Mayor also inspected the prototype of the garbage convertors to be installed in nearly 125 wards. The Yelahanka centre is currently producing two tonnes of manure from garbage. The BBMP is now selling the manure at Rs 20 a kilo to farmers.

The cost of setting up the entire processing unit is put at Rs 1.7 crore with an additional maintenance cost of Rs 1.11 lakh per month.

source:http://www.deccanherald.com/content/...ds-change.html

[Cygnus-X1]

Yelahanka is one of the oldest satellite towns of Bangalore & is already being 'swallowed' by the city to become another suburb, as much as Kengeri & Whitefield are. Further, there aren't very large tracts of land for industries with attendant facilities (power, water, roads, etc) for large-scale development /expansion for IT parks.

I think ITIR will become the next IT belt since land availability south of BIAL (ie. Bandekodigehalli, Bagalur, etc) is limited & is already ear-marked for various projects (including many housing projects along Thannisandra & Bagalur roads).

With lot of land availability & development of good road connectivity (NH7) as also proximity to the airport, ITIR seems all set to move ahead, though water may still pose hurdles.

Infy pulled out probably because they preferred expansion at Sarjapur, which may also become another IT hub in the future.

[avinash2060]

http://www.isaonline.org/downloads/V..._Karnataka.pdf
GIM 2012 brochure
http://www.gimexpo.in/GIM_Expo_2012_...04_04_2012.pdf

[naveen_blr]

Originally Posted by gentem

what mainly drives is jobs/commercial. if devanahalli not doddaballapur will be made district headquarters of rural bangalore district then it has better chance. Checkout china's ghost towns on google. el city had industrial land notified on which commercial was not allowed. But with TCS and others in phase 2 things changed for good. bmtc service on top of flyover helped recently.



Many cases either spouses work in delhi and gurgaon.. Those who stay with family dont relocate all they have to travel from bangalore. delhi was saturated as most was govt land. PRR will help south of airport, i still think yelahanka is the next gurgaon not devanahalli. manyata, financial city on bagalur road etc

Gentem forgot to mention TCS - it has an office since long in Phase II EC which is just a BPO u can see the round shaped building from BETL . Between they have planned 100 Acre campus in Devanahalli

[gentem]

Originally Posted by s.yogendra

Cabinet Secy headed panel to decide on K'taka's ITIR proposal


The government has formed a high-powered committee to decide on Karnataka's proposal to set up an Information Technology Investment Region (ITIR) in Bangalore with an investment of Rs 90,000 crore.

The Committee, chaired by Cabinet Secretary Ajit Kumar Seth, is likely to meet on April 18 to consider granting in-principal approval to the project, which has already been cleared by the Department of Electronics and IT (DEITY).

Sources said the Karnataka government has proposed setting up of an ITIR in an area of 42.51 sq km with an estimated investment of Rs 90,000 crore in two phases.

Karnataka Industrial Areas Development Board (KIADB) has issued a preliminary notification for acquisition of 2,072 acres land for phase I of the project, they added.

Around 44 companies have shown interest, either in taking up land or building up space in the proposed project, sources said.

The project is expected to generate about 1.1 million direct and 2.7 million indirect jobs.

The investment includes IT parks, R&D centres, integrated townships and other infrastructure linkages. It would also include essential road connectivity during phase I and rail connectivity (metro) during phase II of the project.

The proposal envisages upgradation of the existing roads, national and state highways, water supply projects, power supply and bus rapid transport system among others.

The Karnataka government has sought Centre's support for the upgradation of infrastructure.

Sources said the state government has already written to various ministries for requisite permissions and most of them have broadly supported the proposal.

Issues raised by them have been responded by the Karnataka government, they added.

The Cabinet Committee on Economic Affairs had earlier approved a policy resolution to set up ITIRs in different states in the country to promote investment in IT/ITeS and electronic manufacturing.

As per the norms, the state government plays the lead role in setting up ITIRs. The infrastructure would be created through public private partnerships, while the gap funding is done by the Centre.

The DEITY is the nodal department to process the proposals relating to setting up of ITIRs. So far, the DEITY has received four proposals from the governments of Karnataka, Andhra Pradesh, Odisha and Tamil Nadu.
http://www.mydigitalfc.com/news/cabi...r-proposal-545

x post

[avinash2060]

First Phase Of 25-Year Programme Will Be Developed On 3,000 Acres In 5 Years

TIMES NEWS NETWORK

Bangalore: The high-powered committee meeting headed by cabinet secretary Ajit Kumar Seth to decide on Karnatakas proposal for an Information Technology Investment Region (ITIR) in Bangalore would speed up land acquisition.
The meeting on Wednesday is likely to consider granting in-principle approval to the project,which has been cleared by the department of electronics and IT.Besides it,16 other departments in the Union government have reportedly cleared the project.
The state government has proposed setting up of an ITIR over 10,000 acres on 42.51 sqkm with an estimated investment of Rs 90,000 crore in two phases.While 65% of the area will have processing facility,the rest is expected to have basic infrastructure like schools,hospitals and malls, Harikumar Jha,managing director,Karnataka State Electronics Development Corporation (Keonics),the nodal agency on ITIR,told TOI.
In the 25-year programme,the first phase is expected to be developed in five years on 3,000 acres.After both Houses of the legislature passed the bill,the Karnataka Information Technology Investment Region Act,2010 was enacted in July 2010.The state-owned Karnataka Industrial Areas Development Board (KIADB) issued a preliminary notification for acquisition of 2,072 acres for Phase I.
For project implementation,two committees have been formed -- the state-level empowered committee headed by the chief minister and the management board headed by minister in-charge of IT & BT.
The region will have investment in IT parks,R&D centres,integrated townships,electronic hardware manufacturing unit and facilities along with associated services and infrastructure.The region will also have SEZs,industrial parks,free trade and warehousing zones and export-oriented units among others, Jha said.

http://lite.epaper.timesofindia.com/...=&publabel=TOI

[arjun66618]

This is a great debate to be a part of.. ITIR is definitely a project that every bangalorean looks forward to. But the concerned is too much spoken and too less happening in ground reality. If one were to look at both sides of the coin, on one side yes from what has been said Devanahalli has all the right ingredients to make it big. MOUs have been signed, a lot of residential action is going on, the Govt showed massive interest initially in ITIR, then land scams hit the pace, and now slowly the project is gaining life again. But on the other side of the coin, as an investor, one would definitely want to their money to gain the best of both worlds.

What goes for Devanahalli is -
1. Govt. Initiative
2. Vicinity to Airport
3. Availability of huge land parcels
4. Few MOUs already signed ( P S but not concrete action yet )
5. The Model of the project itself - Its not just commerical but has retail, hospitality, Medical and other social infra proposed.

But what goes against Devahanalli is -
1. Distance from City Center
2. Water table concerns
3. Nothing concrete has taken shape

On the other hand, other localities are actually taking advantage of the current infra development in North Bangalore. Best example is Yelahanka. The locality already has good road connectivity, Social infra like schools are plentiful - K V, Canadian Intl, Ryan Intl, Mallya Aditi etc., Malls are already under construction - RMZ gallaria, Sattva Mall etc., Columbia asia is a short drive away. Other projects like ESSAR's Gulf Oil proposing a 30 acre mixed use development, Financial City kicking off, Proposed amusement part etc., has given a definite impetus to the locality

If one looks at Mahindra World City that is estb in Chennai, You d find the whole corridor from Chennai to MW City to be developed better than MWcity itself. So may be Yelahanka is already fit to become the next hot bed of Bangalore irrespective of ITIR taking shape or not.

[RRaju]

Gulf Oil posts Rs 13-cr net profit in Q2

HYDERABAD, NOV 1:
Gulf Oil Corporation Ltd has recorded a net profit of Rs 13.02 crore, up 6 per cent for the second quarter ended September 30, 2011, against Rs 12.31 crore it logged for the corresponding quarter last year.

Its sales income was lower at Rs 228.03 crore for the second quarter against Rs 245.04 crore for the corresponding period last year. However, these quarters are not comparable.

Pursuant to the scheme of arrangement, the explosives division excluding detonators and explosive accessories in Hyderabad was demerged and transferred to a wholly owned subsidiary, IDL Explosives Ltd, during the previous financial year. Therefore, the results of the explosives division excluding explosives pertain only to detonators and accessories.

The lubricants division contributed to the growth registering revenues of Rs 223 crore, up from Rs 161 crore. The mining division achieved a turnover of Rs 25 crore and its numbers are not comparable. The mining and infrastructure division registered lower revenues of Rs 7 crore due to closure or curtailment of output of many profit-making iron ore mines in Orissa and Karnataka. The company, however, is expecting new orders worth Rs 200 crore in this division.

Closes funds for Yelahanka project

According to a statement from Mr S. Pramanik, Managing Director of Gulf Oil, the company announced that it has achieved financial closure for Rs 1,350 crore real estate mixed use special economic zone planned on a 40-acre site in Yelahanka in Bangalore. Apart from SEZ, it would have hospitality and retail projects.

Hinduja Realty Ventures Ltd will be its co-developer. The master plan for the Phase I of 86.5 acres has been drawn up by the Singapore-based RSP Architects for the project at Kukatpally in Hyderabad.

The work on the master plan road is progressing and building plans phase-wise are being drawn up and sent for approvals.

source:http://www.thehindubusinessline.com/...cle2588802.ece

3.8 Property Development
The Development of the 2 major properties at Kukatpally, Hyderabad and Yelahanka, Bangalore have progressed
satisfactorily.
The Yelahanka project covering approximately 40 acres has been approved by the KIADB for mixed use. Plan
for development of IT Park, Office Apartments, Service Apartments as well as Shopping Courts and Commercial
areas have been finalized. An eco sensitive design with landscaping as integrated element and parking space
for over 8000 cars have been completed by a renowned architects firm. The Company will now be awarding the
Development Rights for execution of the projects.

Source:http://www.gulfoilcorp.com/reportspd...602b327c5d.pdf

Any idea, the location of this 40-acre Site in Yelahanka, if anyone can Map it through Google Maps that would be great.

http://www.gulfoilcorp.com/aboutgulf...y_division.php ( As now nothing has been updated by them, I think when it is officially annouced, we can have the First glimpses of the Project Elevation)

[avinash2060]

Originally Posted by RRaju

Gulf Oil posts Rs 13-cr net profit in Q2



source:http://www.thehindubusinessline.com/...cle2588802.ece

Any idea, the location of this 40-acre Site in Yelahanka, if anyone can Map it through Google Maps that would be great.

opposite BSF camp next to Aatra Zanecia