Tuesday, 3 January 2012

Hoskote to be developed as Satellite Town

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One after other many Bangalore suburbs are falling into Karnataka state government approval list which later on need to be developed as Satellite Town. After Anekal, Kanakpura, Ramanagara, Magadi, Nelamangala and Devanahalli being declared to be Satellite town now comes the turn of Hoskote. Bangalore city areas are already been congested and to decongest the state capital need is being felt to move towards developing towns around Bangalore. And Hoskote is another such destination. Also this will allow common people to leverage the fact that satellite town areas are yet to develop thus they are still very much under common people's affordability limit.

Most of these satellite towns have agricultural lands and earlier state government has opposed the notion of residential and commercial development here. But now they have realized the need of the hour and have decided to let real estate development for residential as well as for commercial purpose to happen in these areas.

State government this approval will enable developers to go for government permit to develop gated as well as non-gated layouts in these upcoming satellite towns thereby paving the way for another possible real estate boom. Off course this is a long term development plan and will definitely take 5-10 years of time from now to get things in place.

State government has already laid the foundation stone for around 17 projects worth around Rs.200 crores.

                                                                                                                           
Connectivity with Bangalore city and other townships
Along with Hoskote other satellite townships in-turn will be connected by two ring roads:
 Bangalore Metropolitan Region Satellite Townships Ring Road (BMR-STRR)
 Bangalore Metropolitan Region Intermediate Ring Road (BMR-IRR)

The BMR-STRR not only connects satellite townships but also links areas like Magadi, Kanakapura, Attibele, Dobspet, Anekal, Sarjapura, Ramanagaram, Hoskote, Devanahalli and Doddaballapur. Total stretch of BMR-STRR will be around 283 kms.


Real estate buzz in this area
Hoskote is already known for the presence of many warehouse industries. Already many real estate movement have started in this area. Confident developer have planned township projects like Canopus, Cygnus phase II, Auriga, Auriga phase II, Auriga phase III, Auriga phase IX, Auriga phase XII, Auriga phase XV, Auriga NRI and Auriga NRI III in and around this area.
To know more about Hoskote development refer this link.


Traffic decongestion
State chief minister has instructed the officials to clear traffic jam at Krishna Raja Puram within 3 months from now in order to have free traffic flow towards Hoskote.


Water issue being addressed
To address the water issue around 5 TMC ft amount of water needs to be supplied to southern parts of the state from Yettinahole (Sakleshpur in Hasan) which is a stream of Netravathi river.
Yettinahole project will be targeted to fill-up the lakes located in rural parts of Bangalore.
Government is also seeking the need to shift the Bangalore Rural Districts Deputy Commissioner's office from Bangalore to Hoskote (and other districts) which should facilitate the infrastructure development of these areas.


New BMTC bus depot
To facilitate the development towards Hoskote, state government has inaugurated a BMTC bus depot which is spread on 3 acres of land built at a cost of Rs.4.7 crores.
This new bus depot at Hoskote is capable of handling more than 150 bus being planned to schedule to various parts of Bangalore city.
To explore more on Bangalore Hoskote Bus Stop connectivity/route refer this link.


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