Overview
- The Greater Bengaluru Integrated Township spans about 8,493–9,000 acres across nine villages, including 6,731 acres of private land, 750 acres of government land and roughly 1,012 acres of waterbodies.
- Funding exceeds ₹20,000 crore, with ₹2,950 crore from BMRDA’s internal resources and ₹17,500 crore to be raised from financial institutions with a state guarantee.
- Over 2,000 acres are earmarked for AI-based industries and ancillaries, with skilling centres planned to prepare local workers for jobs in IT, AI and services.
- Compensation is aligned to the 2013 RFCTLARR Act, offering annuities of ₹30,000–₹50,000 per acre annually for landowners and ₹25,000 per year for landless families until payouts or developed sites are provided.
- The plan includes a 300-metre business corridor linking STRR, NICE Road and key highways, a three-year completion target, payouts within 30 days post-acquisition, developed sites within a year and ₹750–1,000 crore for Byramangala lake rejuvenation with a 100 MLD STP.