study of development potential around bangalore international airport

Transcription

STUDY OF DEVELOPMENT POTENTIAL
AROUND BANGALORE INTERNATIONAL
AIRPORT
JUNE 2010
Submitted to
Infrastructure Development Department
Infrastructure Development Corporation (Karnataka) Limited
Infra House, 39, 5th Cross, 8th Main, RMV Extension, Sadashivnagar, Bangalore – 560080
Ph: 91 – 80 – 43448000; Fax: 91 – 80 – 23613016
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Study on Development Potential around Bangalore International Airport
CONTENTS
1.
1.1.
2.
BANGALORE – THE BURGEONING METROPOLIS
BANGALORE ‐ INDUSTRY PROFILE
BANGALORE INTERNATIONAL AIRPORT
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5
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2.1. BANGALORE INTERNATIONAL AIPRORT‐ FEATURES
2.1.1. DESIGN AND FACILITIES
2.1.2. CARGO VILLAGE
2.1.3. PARTNERS FOR AIRPORT SERVICES
2.1.4. ROAD AND RAIL INFRASTRUCTURE
2.1.5. BANGALORE INTERNATIONAL AIRPORT AREA PLANNING AUTHORITY (BIAAPA)
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3.
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3.1.
4.
PROPOSED DEVELOPMENT
MOUS SIGNED AT GLOBAL INVESTORS MEET
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INFORMATION TECHNOLOGY, INFORMATION TECHNOLOGY ENABLED SERVICES &
BIOTECHNOLOGY
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4.1. INFORMATION TECHNOLOGY INVESTMENT REGION (ITIR)
4.1.1. POLICY FOR INFORMATION TECHNOLOGY INVESTMENT REGIONS (ITIR)
4.2. OTHER PROPOSED DEVELOPMENTS
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5.
DEVANAHALLI BUSINESS PARK
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6.
AEROTROPOLIS
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6.1. CONNECTIVITY & TRANSPORT INFRASTRUCTURE
6.2. AEROTROPOLIS ‐ ZONES
6.2.1. DOWNTOWN
6.2.2. BUSINESS UNIT
6.2.3. TECHNOLOGY CENTRE
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7.
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GLOBAL FINANCIAL DISTRICT
3
8.
AEROSPACE PARK
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9.
MEDICAL, HOSPITALITY & ENTERTAINMENT
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9.1. MEDICAL TOURISM HUB
9.1.1. NARAYANA HRUDAYALAYA SUPER SPECIALITY HOSPITAL
9.2. BANGALORE TURF CLUB
9.3. UPCOMING HOTEL PROJECTS AROUND DEVANAHALLI
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10. RESIDENTIAL COMPLEXES
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BANGALORE – THE GROWING
METROPOLIS
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1.
BANGALORE – THE BURGEONING METROPOLIS
Karnataka, located in the southern part of India, is the ninth
most populated State in India and is divided into 29 Districts
with a total area of 191,791 sq km that accounts for 5.83 per
cent of India's geographical area. The State is bordered by
the Arabian Sea to the West, Goa to the Northwest,
Maharashtra to the North, Andhra Pradesh to the East,
Tamil Nadu to the Southeast, and Kerala to the Southwest.
Karnataka State is extending approximately 700 km along
the North ‐ South direction and 400 Km approximately in the
East ‐ West direction. Bangalore is the administrative and
financial capital of the State.
With an economic growth of 10.3%, Bangalore is one of the fastest growing
metropolises in Asia. Bangalore population has been growing at a rate of 3.25% per year
in the last decade. With sobriquets such as Silicon Valley, Garden City and Pensioner's
Paradise, the city has been able to retain its traditional charm, despite the onslaught of
modernism.
Bangalore’s unique advantage also emanates from the mature and thriving ecosystem
that supports the IT and ITES sector. Apart from strong education system that is a
continuous source of quality manpower and industry friendly policies, the existence of
complementary and supplementary industries also makes Bangalore the fourth largest
IT cluster in the world.
1.1.
BANGALORE ‐ INDUSTRY PROFILE
Bangalore is the Information Technology (IT) & Bio‐technology (BT) capital of India. Over
2,000 IT & IT Enabled Services (ITES) companies, including more than 100 Fortune‐500
companies have established their operations in Bangalore generating IT & ITES exports
of around INR 700 billion (US$ 16.3 billion) and directly employing over 650,000
professionals.
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Some of the prominent Fortune‐500 companies having operations in Bangalore are
General Electric, Toyota, ING, Microsoft, Intel, Citigroup, IBM, HP, Dell, Societe
Generale, TESCO, CISCO, AXA, Sun Microsystems, HSBC, Accenture, Motorola,
Flextronics, 3M, Honeywell, Siemens, Bosch, Tyco, Astra Zeneca, ABB, Alcan, JP Morgan
Chase and Goldman Sachs. Prominent Indian IT&ITES companies like Infosys and Wipro
have their headquarters in Bangalore, while Satyam & TCS have major operations in the
city. Annual disposable income of the professionals employed in IT&ITES sector at
Bangalore is estimated to be around INR 120 billion (US$ 2.79 billion) per annum.
Bangalore is home to around 200 Bio‐tech companies (more than 50% of Bio‐tech
companies in India), which are growing at 40% p.a. and accounting for more than 60% of
total BT exports from India.
Over the past few years, Bangalore is emerging as one of the major Medical Tourism
destinations in the world due to availability of tertiary and quaternary hospitals of
international standards with significant cost advantage. Over 200,000 medical tourists
visited India for medical treatment to the tune of US$ 600 million in 2007, which is
expected to increase to US$ 2 billion by 2012.
Apart from IT & ITES sector, Bangalore and its surroundings house manufacturing
facilities of Toyota, Volvo, Tyco, Bosch and other large & medium scale industries in
various industrial areas in and around Bangalore.
Presently, IT & ITES companies are concentrated in and around Central Business District,
East Bangalore (Whitefield, International Tech Park Bangalore (ITB) developed by
Ascendas), South‐East Bangalore (Electronic City spread over 440 acres, Sarjapur‐Outer
Ring Road). However, with the International Airport becoming operational near
Devanahalli (40 kms North of Bangalore), major real estate projects and developments
are witnessed between Bangalore city and new International Airport.
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2.
Bangalore International Airport (BIA) is an international airport serving the city of
Bangalore (Bangalore), Karnataka, India. The airport is located 4 km south of
Devanahalli, 40 km from the central business district of Bangalore and 30 km from the
Bangalore City Railway Station. The BIA covers about 4,000 acres of area. It has replaced
the old HAL Bangalore International Airport. Construction of the airport began in July
2005, after a decade long postponement. It was expected to be inaugurated on 30
March 2008 but due to delays in air traffic control (ATC) services, it started its
operations on the night of 23 May 2008, just before midnight. The airport handled
about 9.3 million passengers and had air traffic movements (ATM) of about 280 per day
in the year 2009. The airport is expected to handle 17 million passengers in the year
2015.The airport is host to 9 domestic airlines and 19 international airlines connecting
the city to about 50 destinations across India and the world.
2.1.
BANGALORE INTERNATIONAL AIPRORT‐ FEATURES
2.1.1. DESIGN AND FACILITIES
The passenger terminal is a single, fully four‐level building capable of accommodating
international and domestic operations. The basement houses the retail storage, rest
areas and services. The arrival and departure areas are separated vertically with a
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modern, simple, straight‐ahead flow system. The terminal is designed for ease of
operation and minimum maintenance.
The total floor area is approximately 171,000m² (1,840,000ft²). The terminal building is
designed to accommodate 3,000 passengers at peak times. The design reflects the best
industry practice and caters for 24‐hour operations, under all weather conditions. All
facilities meet IATA standards.
The airport can handle 14 million passengers a year with 27 aircraft movements an
hour. Common‐use terminal equipment (CUTE) enabled check‐in counters: 117 and 66
self check‐in counters.
The airport has 40gates and 18 air bridges, including nine double arm and 19 remote
bus bays. There are a total of 82 aircraft stands, all of which have a fueling pit. This is the
first time that the parking stands in Indian airports have had fuelling pits.
A car park for 4,000 cars was built in front of the terminal building at ground level.
The airport currently has one runway, which can accommodate all types of aircraft
including the Airbus A380. There are plans to build a second runway when the annual
traffic of the airport reaches 18 million passengers a year which is currently estimated to
reach around 2013‐2014.
The runway, orientated 09/27, is 4,900m (16,076ft) by 45m (150ft) with light paved
shoulders making it 60m (200ft).
Bangalore International Airport also have a retail centre, a multi‐cuisine food court area,
an adventure play area, and a day care facility for the children of the passengers.
2.1.2. CARGO VILLAGE
The airport's cargo village, spread over 11 acres of land, began operations in early
January 2009. It is expected to strengthen the commerce and trade in Bangalore,
ensuring speedy clearances of import and export consignments from the cargo
terminals at the airport.
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An investment of about $2.5m (INR120m) has been made towards the facility, which
was completed over a period of ten months. The facility will house 120 freight
forwarders and 80 custom house agents.
2.1.3. PARTNERS FOR AIRPORT SERVICES
Bangalore International Airport is the first airport in India to operate under a truly open‐
access model. This allows every qualified fuel supplier to use the facility against a fixed
throughput fee and allows airlines to get the best fuel prices available in the market.
BIAL has selected its strategic partner for the new airport's aviation fuel facility. The
consortium is Indian Oil / Indian Oiltanking / Skytanking. Indian Oil is the largest oil
company and also the largest aviation fuel company in India. Skytanking is a major
independent jet fuel handling company and operates various aviation fuel facilities
worldwide, especially in Europe and the United States. It is owned by the Hamburg‐
based company Marquard and Bahls. Indian Oiltanking is a 50/50 joint venture between
Indian Oil and Marquard and Bahls. Each party holds one third in the equity of the
consortium.
The airport was opened with the capacity to handle 11‐12 million passengers a year and
27 aircraft an hour. BIAL has also selected catering partners. These are LSG Sky Chefs
and Taj SATS. Each of the selected consortiums is responsible for the design,
construction, finance and operation of the flight kitchen at the new Bangalore
International Airport. The combined investment is over $14m (INR700m) and the
duration of the contract is 15 years. BIAL may award a third license for air catering at a
later date.
2.1.4. ROAD AND RAIL INFRASTRUCTURE
As the new airport is 40km (25 miles) outside the city, a new high‐speed rail link, is being
planned to connect the city to the airport. The various road and rail connectivity means
are as follows:
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NH‐7
CRS
PRR
BIA
Mono
rail
HSRL
•
BMIC
Metro
NH‐7 to BIA is 6‐lane divided carriageway. NHAI is in the process of widening the
NH‐7 from existing 6‐lanes to 8‐lanes, which can sustain higher traffic due to
airport expansion and expected real estate developments on either sides of the
NH‐7.
•
Bangalore Metro Rail covering a length of around 33 kms spread over the North‐
South and East‐West Corridors is under construction by Government of
Karnataka at an estimated project cost of INR 64 billion (US$ 1.5 billion). The
project is expected to be completed by 2010‐11.
•
In order to ensure fast and easy connectivity from Bangalore City Centre to the
International Airport, Hi‐Speed Airport Rail link of around 34 kms from CBD to
the Airport is under development, which will enable passengers to reach the
Airport around 25 minutes.
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•
Monorail is also planned for development to serve as feeder lines to Metro
•
Commuter Rail system enabled to connect Devanahalli with Yeshvantpur via
Yelahanka
BIA
•
Bangalore‐Mysore Infrastructure Corridor (BMIC) Project comprising of
construction of a 6‐lane tolled expressway between Bangalore and Mysore,
development of 5 integrated townships, power plant, tolled ring roads around
Bangalore to ensure fast and easy connectivity between the 2 cities and
commercial development along the corridor is under implementation on PPP
basis.
•
Government of Karnataka is developing the Peripheral ring Road (PRR) as 8‐lane
expressway along the periphery of Bangalore for a total road length of 109 km.
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Bangalore Metropolitan Transport Corporation runs eleven bus routes from locations in
the city to connect to the new airport. The airport can be reached through Hebbal via
Bellary Road, through NH‐Yelahanka people can also reach BIAL through Yelahanka via
Vidyaranyapura where traffic is less congested.
BMTC has 46 Volvo buses plying to the airport, and the number of buses on each route
ensures a frequency of at least one every 30 minutes.
Official transportation by BIAL:
•
MeruCabs and Easycabs for taxi services
•
Hertz and Akbar Travels for luxury transport services
•
BMTC Vayu Vajra A/C Volvo buses
•
BMTC Suvarna and Vahini non A/C buses
The Indian railway authority is also planning to construct a railway terminal at the
airport to run a special shuttle from Cantonment railway station to the new airport.
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2.1.5. BANGALORE INTERNATIONAL AIRPORT AREA PLANNING AUTHORITY
(BIAAPA)
The airport is expected to act as regional hub for global connectivity and would
accelerate infrastructure & real estate development in and around the airport. As part
of BIA project, a Special Economic Zone and commercial developments are proposed
within the Airport.
BIA and DBP falls under the jurisdiction of Bangalore International Airport Area Planning
Authority (BIAAPA) formed by Government of Karnataka to ensure organized
development of an area of 985 sq.km comprising part of Bangalore North, Devanahalli,
Dodaballapur taluks.
Bangalore International Airport at Devanahalli is to be surrounded by some of the most
eco‐friendly settlements and no development will be allowed on the natural river valleys
in the area, as per BIAAPA. This is despite the fact that there will be greater population
pressure in the area.
According to the Outline Development Plan (ODP) notified by the Bangalore
International Airport Area Planning Authority (BIAAPA) ‐ the primary land‐use
sanctioning authority for the area, no development will be allowed to destroy the
natural river valley network in Doddaballapur, Devanahalli and Vijayapura in the
outskirts of the city.
BIAAPA is also proposing to mandate rainwater
harvesting in the airport, as water is one resource
that the region and its residents are short of. The
airport area covering three towns and 347 villages
would ensure that the entire course of water
resources and catchment areas are maintained.
The ODP, projecting land‐use zoning in the next 15
years, also proposes separate sewage treatment
plants for each of the major towns. It was expected
that the population in the area would from 2,000 to
over 10,000 by the time the airport was finished in 2008, and the water resources
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required for this additional population would be 90 to 100 million litres of water a day.
Clearly in these areas careful planning is required to allocate and conserve resources.
The proposed growth of population and economy as per CDP is expected to generate
high travel demand.
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3.
Devanahalli, with enhanced connectivity, is emerging as a sister city to Bangalore with
major investments pouring in for development. A cumulative investment of close to Rs.
1,15,000 crore worth would develop this once sedate location booming with activity to
compete with Bangalore in terms of business and social life. And this is apart from the
investments coming in from the hospitality industry and the entertainment sector,
which is expected to prop up this place as an ideal social location in addition to an
industrial hub.
The developments proposed around the Bangalore international airport are categorized
as follows:
•
Information Technology / Information Technology enabled services &
Biotechnology
•
Special economic zones
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•
Residential complexes such as real estate development
•
Hospitality and entertainment
•
Aero‐Industry
•
Medical hub
•
Finance and Business districts
The State government has identified the area in Devanahalli taluk where about 10,000
acres of land would be acquired to set up the Information Technology Investment
Region (ITIR).
Also among the major projects reported to have received, the Udyog Mitra clearance for
the Aero SEZ (special economic zone), an aviation hub in Devanahalli, is expected to see
major US civil and military aviation companies as well as the European Aeronautics and
Defence Systems (EADS) pump in up to Rs. 11,700 crore as investment.
The Indian initiatives at the SEZ would see Rs. 666 crore of investment from Sobha
Nadathur Aerospace Pvt Ltd (Rs. 200 crore) and Dynamatic Technologies, manufacturers
of hydraulic equipment (Rs. 466 crore).
3.1.
MOUs SIGNED AT GLOBAL INVESTORS MEET
The Global Investors Meet (GIM) was held in Bangalore Karnataka for 2 days on June 4
and June 5, 2010. During the meet 413 MoUs (Memorandum of Understandings) were
signed of value Rs 4,73,382 crore. The details of the MoUs signed during the GIM for the
projects located around Bangalore International Airport are set out in the table below.
S No Company
Project
Location
1
Narayana
Hrudayalaya
Pvt. Ltd
Singahalli,
Bandikodigeh
alli & Bagalur
2
Shell
Technology
To set up 5000 Bed Super
Speciality Hospital, Star
Category Hotel and Service
Apartments
To set up Technology
Centre for Oil & Gas related
KIADB
Hardware
Proposed
investment
(Rs. Crores)
990
Employment
generation
1,376
1,200
14,600
19
India Pvt.Ltd
activities
3
Hindustan
Aeronautics
Limited
(HAL)
4
BEML
Limited
5
Dynamatic
Technologies
Limited
To establish a unit for
manufacture of “TPE 331
Engine
and
Engine
components, Ring Rolling,
Fan
cases,
Welded
Structural
assemblies,
Maintenance, Repair and
Overhaul of Civil Aircraft /
Engines and Manufacture
of Helicopters”
To manufacture Aircraft
Components / Assemblies
and MRO Activites related
to Aerospace Applications
at Aerospace SEZ
To manufacture Aerospace
Components
6
IFCI
Infrastructur
e
Developmen
t Limited
Trishul
Developers
7
8
9
10
City
View
Bangalore
Properties
Private
Limited
Healthcare
Global
Enterprises
Ltd
Tata Elexi
Industrial
Area,
Devanahalli
Aerospace
SEZ,
Devanahalli
2,095
1,631
Bangalore
International
Airport,
Devanahalli
316
235
KIADB
Aerospace
Industrial
Area,
Devenahalli
Devanahalli
Industrial
Area
466
2,100
997
4,300
To set up 5 Star Hotel,
Office Space & Service
Apartments
To set up Hotel, Office
space
and
Serviced
Apartment
Hebbal
119
2,100
Bellary road
971
760
Comprehensive
Treatment Centre
Cancer
Devanahalli
137
1,000
And
Hardware
Park,
Devanahalli
486
8,683
To establish a Financial City
Hardware
Design
Development
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INFORMATION TECHNOLOGY,
INFORMATION TECHNOLOGY ENABLED
SERVICES & BIOTECHNOLOGY
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4.
INFORMATION TECHNOLOGY, INFORMATION TECHNOLOGY
ENABLED SERVICES & BIOTECHNOLOGY
With Bangalore being home to some of the most high tech industries in India, Karnataka
government has initiated the process of creating the third information technology (IT)
hub in Bangalore city near its new airport at Devanahalli with an investment of Rs
1,00,000 crore. The city already has two technology parks located in south and
southeast ‐ Electronic City, and International Tech Park Ltd. The new hub will come up in
the northeast part of the city.
The proposed developments around Bangalore International Airport are elucidated in
the following sections.
4.1.
INFORMATION TECHNOLOGY INVESTMENT REGION (ITIR)
The proposed ITIR would be specifically delineated investment region with a minimum
area of around 40 Sq.kms. (about 10,000 acres of land),which may include Special
Economic Zones, Industrial Parks, Export oriented units, Free trade and Warehousing
zones. The ITIR would be a combination of production units, public utilities, logistics,
environmental protection mechanisms, residential areas and administrative services,
with excellent infrastructure. It is located at a distance of 15 km from Bangalore
International Airport. It would be situated at the Nandi foothills near Muddenahalli,
Kanivenarayanapura, and Chikballapur. The project has received final central and state
cabinet approval on January 28th, 2010 and is under development.
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The ITIR is one of the largest infrastructure projects in Karnataka's history. Total cost is
expected to be one lakh crore rupees ($22 Billion). The initiative will provide direct
employment to 1.2 million people and indirect employment to 2.8 million. Development
would involve a Centre‐State partnership in conjunction with private partners. The
region would be developed as an integrated township through public private
partnership. The township will have residential areas, schools and other public utilities,
and will include environmental protection mechanisms.
Basic infrastructure such as road, rail and telecommunication links would be provided by
the Centre. The State governments would provide physical infrastructure and utilities,
including power, water, sewerage and effluent treatment facilities. The Karnataka State
Electronics Development Corporation (KEONICS) has recently issued Expression of
Interest (EOI) for developing the region. 55 multinational IT companies including Infosys,
Wipro, TCS, and Cognizant have signaled an interest in joining.
4.1.1. POLICY FOR INFORMATION TECHNOLOGY INVESTMENT REGIONS (ITIR)
The ITIR scheme was notified by the Union Government in May 2008 to provide
readymade and developed infrastructure to potential investors in the IT sector. The
policy envisages that State governments would ensure the provision of physical
infrastructure and utilities, including power, water, roads, transportation, sewerage and
effluent treatment facilities within notified ITIRs. In lines with this policy, a separate
legislation would be enacted by the state government to govern the proposed ITIR area.
ITIRs were conceptualized keeping in view the need to boost the growth of both IT/ITES
and Electronic Hardware Manufacturing (EHM) Units.
The regions would be a combination of IT/ITES and Electronics Hardware Manufacturing
Units; Public uitilities, residential area, social infrastructure and administrative services.
Such regions could include new integrated townships, SEZs, industrial parks etc. In the
ITIR, there would be a clear delineation between the IT/ITES areas and Electronic
Hardware Manufacturing areas. The ITIRs would generate direct and indirect
employment during the construction and operational phases.
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Each ITIR is expected to be a specifically notified investment region with minimum area
of 40 sq.km planned for IT/ITES and EHM Units. The minimum processing area will be
40% of the total area of the ITIR. The ITIRs will be developed in a phased manner.
The State Government would ensure that all physical infrastructure and utilities within
its jurisdiction (power, water, roads, transportation, sewerage and effluent treatment
facilities) are provided. The Central Government will facilitate development of National
Highways, Airport and Rail links to the ITIRs. The Public‐Private Partnership (PPP) route
is advocated for the development of ITIRs. State Government would select the
developers/co‐developers through a transparent process.
4.2.
OTHER PROPOSED DEVELOPMENTS
Infosys have planned to invest Rs. 710 crore for 12,000 seat software developments
centre over 40 acres in Devanahalli Industrial Area. Wipro have also planned to come up
with IT/ITeS SEZ in Devanahalli taluk, employing 15,000 people, at an investment of Rs.
477 crore. The other investment proposals approved by the authority are as follows:
Company Name
Blue Hill Informatics
Pvt. Ltd
Itasca Software
Development Pvt.
Ltd
TCS Ltd
Indiland SEZ
Projects (Bangalore)
Pvt. Ltd.,
Cornerstone
Shelters Pvt. Ltd.
Ranka & Shah
Developers Pvt. Ltd.
Chandra Developers
Pvt. Ltd.
ETL Infrastructure
Services Ltd.
SEZ for IT/ITES
Investment in
Rs. Crores
506.9
Land
(acres)
112
SEZ for IT/ITES
1130
325
SEZ for IT/ITES
IT / ITES SEZ
500
443.5
100
25
Info‐
Tech/Hardware/Bio‐
Tech Park with
common facilities
SEZ for IT/ITES
1600
200
430
33.7
459.98
25
993
15
Product
IT/ITES Park
IT Park ‐ Disaster
Recovery Facility
Centre
24
Company Name
Wipro Limited
Just Dial Pvt. Ltd.
Product
IT/ITES SEZ
IT/ITES – BPO &
Software
Development
Investment in
Rs. Crores
477
445.08
Land
(acres)
40
15
25
26
5.
One of the biggest projects coming up adjacent to the Bengaluru International Airport
(BIA), the Devanahalli Business Park (DBP) is expected to attract an investment of $2.2
billion over the next five to seven years. Karnataka State Industrial Investment &
Development Corporation Limited (KSIIDC), at the behest of Government of Karnataka
(GoK), is developing DBP on the site of around 413.65 acres owned by KSIIDC along the
National Highway‐7 (NH‐7) and adjoining the northern boundary of Bengaluru
International Airport (BIA) near Devanahalli, around 35 kms north of Bangalore city.
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Once completed, nearly 2.5 lakh people are expected to work or visit the DBP. Among
those that have been planned in the park include multi‐speciality hospitals, special
economic zones, entertainment area, star hotels and others. As per the suggested land
use plan, the DBP will boast of two IT & ITeS parks/SEZs on 50 acre plot, a central
business district on 35 acre plot, besides other facilities such as three multi‐speciality
hospitals, finance district, retail & entertainment, office complex, aviation academy and
other utilities. A 10‐year tax and duty exemptions on operations of both the SEZ
developer and SEZ occupants has been envisaged.
The suggested land use plan for the business park as per authority is as follows:
DBP ‐ Land use plan
Multi‐Specialty Hospitals
8.4%
Finance District
8.1%
Light Goods
Manufacturing/ Assembly
8.1%
Retail & Entertainment
3.9%
5‐star Hotel
3.2%
CBD
11.3%
Office Complexes
6.9%
Aviation Academy
3.2%
IT & ITES Parks/SEZs
16.2%
Greenery
9.2%
Description
IT & ITES Parks/SEZs (2 Nos.)
Central Business District
Multi‐Specialty Hospitals (3 Nos.)
Finance District
Light Goods Manufacturing/ Assembly
Retail & Entertainment
5‐star Hotel
Office Complexes (2 Nos.)
Aviation Academy
Vehicle Parking spaces
Roads & Utilities
20.6%
Area (in
acres)
50
35
26
25
25
12
10
21.23
10
2.73
Vehicle Parking spaces
0.9%
28
Description
Roads & Utilities
Greenery
Area (in
acres)
63.74
28.37
29
AEROTROPOLIS – AIRPORT CITY
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6.
AEROTROPOLIS
Aerotropolis is a word that is created out of two words – airport, and metropolis. Like
SEZ, PCPIR or Chemical Hub, it is another new term that we must familiarize ourselves
with in order to understand the neoliberal onslaught on the masses. In short, it is an
airport township. At its heart there would be an airport, which would be surrounded by
residential units, golf courses, hotels, multi‐story residential high‐rises, malls, etc. These
are to be the new nerve centers of the modern civilisation.
An Aerotropolis is a city in which the layout, infrastructure and economy are centered
around a major airport. Experts in the field are of the opinion that airports will shape
business location and urban development in this century as much as seaports did in the
18th Century, railroads in the 19th Century and highways in 20th Century.
The Airport City proposed to be developed would spread over 215 acres and witness
over a million people live and work in BIA. BIAL envisages the Airport City to be a
flourishing destination in itself, wherein people will not only board/alight from flights
but also relax, do business and shop. The City would have more hotels complimenting
one another, along with destination retail, serviced apartments, office park and a
software campus.
6.1.
CONNECTIVITY & TRANSPORT INFRASTRUCTURE
The City can be accessed by a ringed network transport system consisting wide three
lane roads, dedicated perimeter bus lanes with bus stands located at strategic points
with over‐bridge/underpass pedestrian connections. It will have space to park over
40,000 cars.
The Airport City would be connected to the proposed high‐speed rail link and the road
expressway from the central business district, M G Road.
6.2.
AEROTROPOLIS ‐ ZONES
It would comprise three prime zones of development viz, Downtown, Business Unit and
Technology Centre. Each area is positioned differently.
31
6.2.1. DOWNTOWN
Closest to the terminal building, Downtown will be positioned as a typical urban
entertainment hub spread over approximately 39 acres of land. It will house a shopping
area with various retail formats, entertainment facilities, offices and hospitality facilities.
An ‘Airport Visitor Centre’ is also planned opposite the Downtown area.
6.2.2. BUSINESS UNIT
Lying between the Downtown area on the east and the middle area on the west,
Business Unit will be built on approximately 46 acres of land. It will house a business‐
park for premium office space and consist of support retail, a 3 star and 4 star hotel.
6.2.3. TECHNOLOGY CENTRE
To promote the concept of ‘Bengaluru International Airport’ as a business address, the
Technology Centre spread over 90 acres and situated just a few minutes drive from the
airport terminal building, is expected to be a hub for global multinational conglomerates
that will have the option of establishing high‐end research campuses for highly qualified
personnel engaged in cutting edge development.
The Technology Centre is part of a multi‐product SEZ, which has recently been formally
approved by the government of India.
Airport Hotel: Avoiding gridlocking the central business district of Bangalore, the busy
traveller and the executive will have easy access to a hotel at the BIA.
Constructed by a consortium of Larsen and Toubro and the Oberoi Group under the
‘Trident’ brand at a cost of Rs 250 crore, the hotel is located within walking distance
from the terminal building. The Airport City will create one lakh jobs for qualified
people. It will strengthen and foster the economic growth of the City and the State
32
33
7.
To promote the State as a global investment destination, the government is in talks with
banking giants to set up a Global Financial District near Devanahalli, spread over 150
acres, which will also house a residential township. The district would provide
specialized services for banks, insurance companies, stock exchanges and others players
in the financial services sector. Some of the features of this district are,
•
An investment of about Rs. 1,000 crore planned in 150 acres of land
•
45 banks have shown interest to have their offices in the hub
•
The project would include a township for the employees of the institutions in the
district
•
India Infrastructure Finance Corporation has come forward to set up the hub in
association with the banks that show interest in investing on the project
This hub, expected to be ready in the next 18 months, will house corporate arms of all
leading banks in India, insurance companies and financial companies that deal with
needs of industries.
Industrial Finance Corporation of India (IFCI) has planned to invest Rs. 1,000 crore to set
a base in the proposed global financial district in 50 acres of area out of total 150 acre
district.
34
AEROSPACE PARK
35
8.
AEROSPACE PARK
The park with facility for aircraft component manufacturing and accessories was being
developed near the airport in 1000 acres area. About 250 acres of the land will be
earmarked for a special economic zone (SEZ) in the aerospace hub.
The Aero SEZ is being worked out in collaboration with the US Aerospace Supplier
Development Mission to India to introduce American companies to Indian joint‐venture
groups, industry representatives, and Western original equipment manufacturers based
here. The SEZ would also introduce the US companies to industry and government
officials here to learn about opportunities they can exploit through various aerospace
programmes.
The aerospace park is being located adjacent to a 1,000 acre electronic hardware park
and a 1,000 acre software park, which will enable the aerospace industry to leverage the
strengths of the IT sector. The park would include an aviation MRO‐related activities
(maintenance, repair, and overhaul) and 250 acre of an export‐oriented aerospace SEZ.
36
The proposed projects approved by the authority are as follows:
Company
Product
Bangalore
International
Airport Ltd.
Hindustan
Aeronatuics Ltd.
Airport based
Multi Product
SEZ
TPE 331, Engine
and Engine
components Ring
Rolling, Fan
cases, Welded
Structural
Assemblies,
Maintenance &
Repair
Aerospace
Components
Dynamatic
technolgies
Investment
(crores)
3384.65
Land (acres)
279
2095
150
465.8
2100
Also among the major projects reported to have received the Udyog Mitra clearance for
the Aero SEZ (special economic zone), an aviation hub in Devanahalli, is expected to see
major US civil and military aviation companies as well as the European Aeronautics and
Defence Systems (EADS) pump in up to Rs11,700 crore as investment. The Indian
initiatives at the SEZ would see Rs666 crore of investment from Sobha Nadathur
Aerospace Pvt Ltd (Rs200 crore) and Dynamatic Technologies, manufacturers of
hydraulic equipment (Rs466 crore).
37
MEDICAL, HOSPITALITY &
ENTERTAINMENT
38
9.
MEDICAL, HOSPITALITY & ENTERTAINMENT
9.1.
MEDICAL TOURISM HUB
Karnataka provides phenomenal tax benefits for healthcare investors. With 39 medical
colleges and a prestigious university like Rajiv Gandhi University of Health Sciences,
there are adequate human resources. Favourable weather is another big factor for most
medical specialists to stay on in Bangalore.
As per the study conducted by National Population Stabilisation Fund and National
Informatics Centre, Bangalore would become second in healthcare services in near
future. According to the Medical Education minister of the state, an exclusive health city
would be developed at the Bengaluru International Airport through PPP in future.
Karnataka State Tourism Development Corporation (KSTDC) would develop hub in 300
acres of land with facilities like private hospitals, diagnostic centers, Ayurvedic resorts
and centers offering alternative systems of medicine
The projects approved by the authority are,
•
Narayana Hrudayalaya Ltd to invest Rs.990 crores in 30 acres
•
Health care global enterprises ltd to set up Comprehensive Cancer Treatment
Centre, Centre of Excellence in Oncology, Nursing College and Training Centre
with an investment of Rs.136 crores spread across 6 acres of area
9.1.1. NARAYANA HRUDAYALAYA SUPER SPECIALITY HOSPITAL
Narayana Hrudayalaya group has Narayana Health City at Bangalore covering 25 acres of
land and Rabindranath Tagore International Institute of Cardiac Sciences and Rotary
Narayana Nethralaya a Super Specialty Eye Hospital. It has also proposed to set up a
super specialty hospital with following features:
•
Proposed investment – Rs.990 crores.
•
Project Details – to set up 5000 Bed Super Specialty Hospital, Star Category Hotel
and Service Apartments.
39
•
Location – KIADB Industrial Area, Near Bangalore International Airport
(Singahalli, Bandikodigehalli & Bagalur), Bangalore North Taluk, Bangalore
District.
9.2.
•
Employment Generation – 14,600
•
Signatory to MOU from Govt – Principal Secretary, Medical Education
BANGALORE TURF CLUB
The Karnataka Government has decided to shift the Bangalore Turf Club (BTC) located in
the heart of the city to a new location, Chikkajala in Devanahalli taluk. Bangalore Turf
Club with an investment of Rs. 350 crores has been planned to be set up in Devanahalli.
40
9.3.
UPCOMING HOTEL PROJECTS AROUND DEVANAHALLI
Zuri Hospitality India (Private) Ltd, Indian arm of the global Zuri Group promoted by a
consortium of investors from the Middle East, will soon start work on a new hotel
project at Devanahalli, near the new Bangalore International Airport. This 150 room five
star hotel is being built at a cost of Rs 200 crore on a 6 acre plot and will be operational
in the third quarter of 2011.
Other hotel projects that are set to come up in this region include Oberoi at Bangalore
International Airport, Hyatt Residency and Oberoi Luxury hotel in the Hebbal lake area,
and Taj Airport Hotel and Holiday Inn at Devanahalli.
41
RESIDENTIAL COMPLEXES
42
10.
RESIDENTIAL COMPLEXES
According to real estate consulting firm Cushman & Wakefield, prices in the Yelahanka‐
Devanahalli stretch, right immediately after the Bangalore International Airport project
was announced, ruled around Rs 50 lakh to 3 crore per acre. At a time, when sale of
residential units have apparently taken a hit due to high home loan interest rates,
interest seems to be running high in properties being developed around Devanahalli
area.
According to a leading city‐based broking firm, which has a land parcel of 600 acres for
sale in the region, the prices quoted by owners of these land banks range between Rs 25
lakh and Rs 1 crore an acre.
Multiple premium residential complexes coming up in and around Devanahalli are
expected to bring ina total investment of Rs. 1500 crores.
QVC Realty is aslo coming up with ‘QVC Hills’, which is a residential community, spread
over 62.5 acres located at the foothills of Nandi Hills in North Bangalore. Biodiversity
43
Conservation (India) Ltd has on offer the small but much‐celebrated residential BCIL
Collective. BCIL has laid its bets on this area, with two more ambitious eco‐projects —
both residential — which are on the anvil and will be launched later this year. Mantri
Developers has upcoming projects in Hennur, Jakkur and Hebbal that are yet to be
announced. Prestige Estate Projects Pvt Ltd has recently launched a premium
development, ‘Prestige Golf Shire’ on the foothills of Nandi Hills. Prestige Estates
Projects Pvt Ltd will shortly be launching a villa development —Prestige Oasis with 182
independent homes spread on 33.5 acres of land. They are also marketing an apartment
complex, Prestige Wellington Park, and Prestige Kensington Gardens is under
construction.
The MetroCorp Group, one of the early developers to invest in the potential of North
Bangalore, has its flagship project MetroCorp Nirvana, set the trend for luxury
residential townships. Riding on this overwhelming success, the MetroCorp Group, in
partnership with Singapore’s Jurong International Group, has a pipeline of projects in
North Bangalore that cater to value‐for‐money, semi‐luxury and luxury segments.
According to Ali Vakil, Director, Vakil Housing Development Corporation Pvt Ltd, North
Bangalore still has tremendous potential left, because the upcoming airport still lacks
sufficient support infrastructure. In the next few years, this area will witness significant
boom in terms of new structures, employment and support services.

study of development potential around bangalore international airport

Transcription

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