Nestled in the northern reaches of Bangalore, Jakkur has evolved into a prime real estate destination, beckoning investors with its promise of remarkable returns. This transformation gained momentum after the operationalization of the Kempegowda International Airport in 2008, setting the stage for a surge in property development. Let's delve into the defining ecosystems that are propelling Jakkur into the limelight.
A game-changer in infrastructure, the PRR represents a colossal Rs 17,000 Cr. investment, spanning an impressive 116 kilometers. This eight-lane marvel is poised to integrate seamlessly with the NICE road, promising improved connectivity and accessibility for residents and businesses alike. The promise of a 74 km Peripheral Ring road by the end of 2027 adds another layer of infrastructural advancement.
Setting a precedent, Karnataka stands as the only state with a dedicated aerospace policy. The sprawling 950-acre aerospace SEZ, encompassing a significant 250-acre SEZ zone, hosts over 56 companies. This ecosystem is home to a diverse range of enterprises, spanning research & development, aerospace, automobiles, and pharmaceuticals, solidifying North Bangalore's status as an industrial and technological hub.
North Bangalore's commercial landscape is poised for significant expansion, with a pre-commitment of a staggering 1.2 billion USD towards Special Economic Zones (SEZs). This allocation encompasses business parks, commercial, and retail spaces. The projected 30% growth in overall office absorption by 2025 points to a thriving job market, with an estimated creation of 350,000 new jobs in the region.
Set against a sprawling 35-acre backdrop next to the Kempegowda International Airport, the International Convention Center is a testament to Karnataka's vision for regional and global business gatherings. This initiative is poised to further bolster Jakkur's appeal as a business-friendly locale.
The proposed suburban rail network connecting KIA, KR Puram, and KSR terminals (spanning 38 kilometers) is a significant stride towards seamless transportation. The anticipated completion of metro work by 2026, under the government’s Metro Rail Phase-2B, is poised to revolutionize connectivity in the region.
Encompassing an expansive 413-acre park with an investment commitment of Rs 16,700 Cr over the next 5-7 years, the ITIR is poised to emerge as a thriving economic zone. A significant 104-acre area is reserved for aviation, tourism, meteorology, and power, underscoring the diverse economic potential within this space.
Jakkur, with its robust infrastructural development, strategic location, and burgeoning business landscape, stands as a beacon of opportunity for investors and residents alike. The launch of Mana Verdant by Mana Projects perfectly aligns with Jakkur's trajectory, offering a unique living experience in this dynamic locale.