Flyover to take Sarakki Junction out of a jam
Flyover to take Sarakki Junction out of a jam
BySridhar VivanSridhar Vivan / Updated: Feb 28, 2021, 06:01 IST
Project report for 1.2-km-long
flyover on ORR-Kanakapura Road Junction awaits government nod
South Bengaluru is set to get its longest flyover extending to up to 1.2 km on Kanakapura Road. The proposed flyover will be constructed at the Outer Ring Road-Kanakapura Road junction near Sarakki. The flyover is expected to provide easy passage for vehicles that are getting stuck on
ORR and reduce the waiting time at Kanakapura Road.
One thing to look out for is that this flyover will come under a Metro line. While the Metro piers are at a height of 13.5 metres, the proposed flyover will come at a height of 5.5 metres from the ground level. BBMP sources said that the four-laned flyover will begin from the Ilyas Nagar junction and will be 17-metre-wide.
Mahindra Lifespace Developers has acquired 7.89 acres of land to develop a residential project in Kanakpura Road, Bengaluru.
The project will offer approximately 5 lakh sq. ft. of carpet area. The launch of the project is planned for FY 2022. Kanakpura Road is a prominent residential hub in Bengaluru and one of the city s relatively greener areas.
Arvind Subramanian, Managing Director and Chief Executive Officer, Mahindra Lifespace Developers., said, Bengaluru is one of the most stable residential real estate markets in India and a priority city for the growth of our residential business.
The announcement was made after market hours yesterday, 25 February 2021. Shares of Mahindra Lifespace Developers gained 4.25% to settle at Rs 510.05 yesterday.
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Global stocks across the Asia-Pacific region have slumped in excess of 2 per cent, with Japan, Korea, Australia, Taiwan and Hong Kong declining between 1.8 and 3 per cent. Overnight, the US stocks witnessed a sharp slide on rising US yields. The tech-heavy Nasdaq slumped 3.52 per cent, the biggest single-day fall since October. The Dow Jones and S&P 500 fell 1.75 per cent and 2.5 per cent respectively.
Mahindra Lifespace Developers acquires land for residential project in Bengaluru
February 26, 2021
Arvind Subramanian - BusinessLine× Mahindra Lifespace Developers Ltd., the real estate and infrastructure development arm of the Mahindra Group, on Friday announced that it has acquired 7.89 acres of land to develop a residential project in Kanakpura Road, Bengaluru.
The project is expected to offer about 5 lakh square feet of carpet area, and the project launch is planned for the financial year 2022.
Kanakpura Road is a prominent residential hub with relatively greener areas. Mahindra Lifespaces’ project site is strategically located with well-developed social infrastructure, schools and colleges, recreation and entertainment options, hospitals and clinics located in proximity, said the company release.
Mahindra Lifespaces adds a new residential project in Bengaluru
Posted On: 2021-02-25 08:47:52 (Time Zone: Arizona, USA)
Mahindra Lifespace Developers Ltd., the real estate and infrastructure development arm of the Mahindra Group, has acquired 7.89 acres of land to develop a residential project in Kanakpura Road, Bengaluru. The project will offer approximately 5 lakh sq. ft. of carpet area. The launch of the project is planned for FY 2022.
Kanakpura Road is a prominent residential hub in Bengaluru and one of the city s relatively greener areas. Mahindra Lifespaces project site is strategically located on Kanakpura Road, with well-developed social infrastructure, schools and colleges, recreation and entertainment options, and hospitals and clinics located in proximity. The Vajarahalli Metro Station is only 1 KM from the project site, while the NICE road junction is 3 KM away. Kanakpura Road is well connected to Bannerghatta, Silk Board and Electronic City, all key employmen